Okay, ready for some action after a nice 9 holes of evening golf. Very sweaty but enjoyable. Lots of fundamental news due out this evening so I'll be treading carefully.

Divergence Pip Range Trading

I managed to find a trade after the movie, GBPUSD was moving higher on general US Dollar weakness but was coming very close to a good level of resistance around the 1.2650 area. I entered probably a touch too soon at 1.2623 but took a further entry ...

Divergence Pip Range Trading

A day off today which gave me the opportunity to have a look at the charts a little earlier than usual. Price dropped prior to UK open which presented a trade right around the daily open level. Once you start paying attention to the daily open ...

Divergence Pip Range Trading

Last trade of the night with GBPAUD. A very weak GBP followed by a nice retrace from support which I just missed and didn't want to go chasing so waited for an opportunity to get short. GBPAUD popped higher and saw a good opportunity near the BRN ...

Divergence Pip Range Trading

Evening all, a nice early trade which always helps the evening go slightly quicker. EURAUD has been capped by the 85 EMA on the 4hr chart for passing on 3 weeks. Given that price touched it I felt it'd be a good opportunity for a short. image And ...

Divergence Pip Range Trading

Late trade from last night and didn't have time to post it. Some US Dollar strength evident in the Euro and GBP and EURUSD reached a level I felt would be good enough support for a retrace and given the overall trend has been US Dollar weakness. ...

Divergence Pip Range Trading

Here's an interesting trade that I dithered about. Price had risen back to the daily open level and the setup was perfect on the pip range charts but on observing the 4 hour chart I felt the trend was still wanting to go higher so ultimately left ...

Divergence Pip Range Trading

No trading tonight as I've enjoyed Australia Day and will enjoy an earlyish night. Back tomorrow.

Divergence Pip Range Trading

First trade on EURUSD for a while. A small range this week and the 20 day average has dropped below 100 and the 5 day range is all the way down at 78 pips. EURUSD pushed higher prior to NY open and created an opportunity at near weekly highs and ...

Divergence Pip Range Trading

Just back from the movies, Passengers was excellent, I thought. On the lookout for any opportunities so hopefully something can shape up.

Divergence Pip Range Trading

Evening all, A near carbon copy of last night's trade on EURAUD. Stayed clear of GBP pairs due to the vote and ensuing whipsaw. EURUSD and AUD have been very flat so far this week with below average ranges and whilst this is the case, I see no ...

Divergence Pip Range Trading

Despite some good sized ranges to start to the UK session, I've found it tricky to pick a spot. GBPUSD for me is in the middle of nowhere and no bias in direction and I missed a good setup on EURUSD prior to the start of the UK session by minutes. I ...

Divergence Pip Range Trading

Well, a nice way to end a tricky week. I haven't felt great all week and haven't been at 100% with trading either but worked this trade nicely. I stayed patient and waited for price to come to the area I was looking for as noted on the time based ...

Divergence Pip Range Trading

Currently in a short EURAUD and the stop is at breakeven (seems a common occurrence this week!), let's see if EURAUD can roll lower, exit at 1.4110.

Divergence Pip Range Trading

Ended up taking +5 on the move. The reason for the frustration was that I saw 1.2312 was proving difficult but didn't exit the trade for +20 when I had the opportunity to. The old hold and hope really doesn't work and I know that! Must work harder ...

Divergence Pip Range Trading

Moved to breakeven after a further rejection of 1.2312 to break. Looks like being a breakeven trade and slightly frustrated with myself but will explain more tomorrow.

Divergence Pip Range Trading

Currently short GBPUSD and will look to add around 1.2350 if it keeps edging higher at this stage.

Divergence Pip Range Trading

Here's the chart from the EURUSD trade. This was during the PM May's speech and EURUSD looked very much like stalling around a key level and took the trade and held it for +31 eventually to cap a good day's trading yesterday. image Today is ...

Divergence Pip Range Trading

Moved to +6 in bed so will get a good nights sleep now. Good luck to those trading the NY session.

Divergence Pip Range Trading

Currently in a short EURUSD with the stop at breakeven +1 so will leave it run to a conclusion. Will post the chart in the morning, it's been a good speech so far from PM May.

Divergence Pip Range Trading