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University of Michigan Sentiment – Friday Aug 14 – 70 points profit

We had a cracking trade on the Dax on Friday as the University of Michigan sentiment was released. The expected figure was 69.1 but it came out as 63.2, a massive 5.9 deviation, this triggered my ‘Fast Economic News’ software

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GBP/USD Pivots on June 12

GBP/USD Pivots on June 12 – Trades based on pivot points

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NFP Non farm payrolls June 09 – scalping in the zone

I’ve recorded a video showing my trading during the NFP (Non Farm Payroll) announcement and the 30 minutes after the data was released. In the video I show the use of my Fast Economic News software to enter the trade and explain how I used it. I also show the subsequent scalping on the Dax [...]

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Is there a psychology of trading? Are we all insane?

Much is said about the psychology of trading, books, ebooks and all manner of media, hyping, pumping and selling ways to overcome it. But, overcome what? Is there a unique psychology typical of a successful trader? I have been trading for many years and have met hundreds of traders, personally and virtually and the only [...]

Continue reading Is there a psychology of trading? Are we all insane?

Is there a psychology of trading? Are we all insane?

Much is said about the psychology of trading, books, ebooks and all manner of media, hyping, pumping and selling ways to overcome it. But, overcome what? Is there a unique psychology typical of a successful trader? I have been trading for many years and have met hundreds of traders, personally and virtually and the only [...]

Continue reading Is there a psychology of trading? Are we all insane?