Archive for March 8th, 2012

Trading Personality : Alex Hope, 23 year old Forex Trader who spent over £200k on drinks!

Trading Personality : Alex Hope, 23 year old Forex Trader who spent over £200k on drinks!

As someone who is interested in the financial markets, I'm always interested in the personalities that this industry creates. One such personality who has come into the limelight recently is Alex Hope or The Ace of Spades who is a self taught Forex trader. His recent visit to a nightclub in Liverpool spending a £200,000 in just 3 hours hit the news and there was a mad scramble to find out more about this guy. He was reported in the Daily Mail, Mirror and other news sources and his Twitter f

March 8, 2012 No Comments Full Story

Daily Bar breakout on GBPUSD for 60 pips

Daily Bar breakout on GBPUSD for 60 pips

The markets had fallen hard the last couple of days and I thought that they would have fallen a lot more but yesterday, the markets found some support. This pattern was seen across the DOW, FTSE and other currency pairs. I knew that a lot of people were expecting the markets to tank completely but having a whole day where it consolidated presented an opportunity in my opinion. The markets would either rally or drop like a stone and I expected whatever happened the market would have moved str

March 8, 2012 No Comments Full Story

Financial Trading and Golf

Financial Trading and Golf

From my posts, I realise that I don't post a consistent trading system... what I mean is that I'm not posting the same sort of trades each day. There are times when I am trading the shorter timeframe charts and other times, the longer timeframe charts. People say that it's important that one finds a trading methodology that suits your personality and I agree there but you also need to find the trading methodology that suits your circumstances and mine change day to day. The shorter timefr

March 8, 2012 No Comments Full Story