Archive for the money Category

New TSB banks on the High Street

Did anyone else notice the newest bank on the street? I only noticed the new light blue, blue and dark blue logos of TSB earlier this week, unaware of their official launch from Lloyds to TSB on 9 September 2013. The company uses the TSB brand, which was previously used by the Trustee Savings Bank prior to its merger with Lloyds Bank. I really like the story book element of this advert, which starts with the roots as the first trustee savings bank established by Reverend Henry Duncan in Dumfr

September 26, 2013 No Comments Full Story

Scared out of the trade which would have brought in big Profits

Scared out of the trade which would have brought in big Profits

This is going back a while now but a trade that I had put on the 5th August - those following my Twitter feed would have seen this. I went long AUDUSD after seeing a pinbar as you can see from the pic below..  the next day it went up and the following day, you can see that there was some retracement. In the Daily chart, it looks fine but if you actually saw what happened that day, you would have gotten spooked which is what happened to me. I saw that I was 70 points up at one stage and then

August 14, 2013 No Comments Full Story

The Pinbar that Failed – GBPUSD Forex trading

The Pinbar that Failed - GBPUSD Forex trading

Pinbars are usually great indicators showing strong buyers or sellers in the market. Typically, you would follow the strong participants in the markets as there is a greater chance of the price going your way if you follow them. However, this wasn't the case for the GBPUSD forex pair on Friday. I actually placed a long on the Thursday seeing the pinbar. Now, it was a countertrend trade which is more risky and the day before, we did get a very strong sell bar. However, the pinbar as you can s

June 22, 2013 No Comments Full Story

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