Well, FOMC certainly stoked the fires in the FX market. However, EURAUD has stayed in a relatively tight range for the last week as evidenced on the one hour chart: image Looking at the pip range chart, I felt 1.4180 area should be a good area to ...

Divergence Pip Range Trading

Exited the trades for a profit, wanted to be out pre Carney talking (however he's not directly talking about the GBP). I very nearly entered at 1.6870 due to boredom but held off due to price being in no man's land and the range being so small at ...

Divergence Pip Range Trading

Been waiting for 3 hours for a setup and finally GBPAUD springs to life. Currently long GBPAUD, reached a key level of support, will be quick to exit should it not hold.

Divergence Pip Range Trading

All gone quiet so going to get an early night in. Back tomorrow. If anyone has any questions, happy to help.

Divergence Pip Range Trading

A nice set of trades here on GBPAUD. CPI data caused GBPAUD to have a mini rally past the big handle of 1.7000 and intially entered at 1.6988 and added further at 1.7009. Felt this was a reasonably safe setup given data was mixed and price had ...

Divergence Pip Range Trading

Thanks, guys. To believe is to dream and even if I fail, absolutely nothing lost and may even provide an insight into method/risk assessment.

75 Day Challenge

Here's the trade/s from EURUSD. Maybe entered too soon but I did save the largest clip for the last entry and thankfully that turned out to be a good position. 1.0615 area was a decent level of resistance and coincided with the cam level for the ...

Divergence Pip Range Trading

Nice way to kick off the week with GBPAUD (surprise!). Price went lower and I was looking for price to hit the 1.6840 area as observed on the time based chart: image On the pip range chart, I used two entries at half size to get a better average. ...

Divergence Pip Range Trading

Bit delayed but here's the corresponding trades. Not sure how I've ended up focusing on GBPAUD the last few sessions but as it's had some good movement it's seemed the logical pair to trade. image

Divergence Pip Range Trading

Currently short GBPAUD after a successful short earlier, pretty much the same setup so will post the chart upon completion.

Divergence Pip Range Trading

Here's my 2 trades from GBPAUD. As noted, 1st trade went one direction for -40, I felt GBPAUD would drop from near the daily open but GBP went on quite the run. Re-entered 20 pips better and took +37 pips to be just shy of flat for the day. image

Divergence Pip Range Trading

Big twist in strength, got fooled by the weakness at London open and GBP has now become the strongest currency. Out for -40, chart to follow.

Divergence Pip Range Trading

Currently short GBPAUD from 1.6879.

Divergence Pip Range Trading

Absolutely tiny range on EURUSD and GBPUSD seems to be consolidating the post news sell off. I'm going to catch an early one and come back tomorrow with the ECB decision on the table.

Divergence Pip Range Trading

GBPAUD an interesting pair today. Shocking GDP figures for the AUD this morning followed by equally terrible UK Manufacturing figures. GBPAUD roared lower on the back of the news. I was waiting for price to come to 1.6890 area and thankfully had the ...

Divergence Pip Range Trading

GBPNZD can be a very fast moving pair and suitable stops/targets are needed. +20 pips on a 20 SL. I've all but virtually stopped trading Frankfurt and concentrate on London open. image

As simple as possible: 00 level trading

Another big range during the Asian session on GBPAUD and managed to walk through the door and spot this setup. Initially missed the original entry but price came back enough to allow a suitable entry. Took +30 off the table as I am very wary of how ...

Divergence Pip Range Trading

Here's the result from GBPAUD. After a big rally from daily lows to session highs, GBPAUD hit the last notable high and felt it was time for a move down which coincided with the divergence appearing on the pip range chart. I would have liked to have ...

Divergence Pip Range Trading

Currently short GBPAUD from 1.7140, huge rally from this pair, looks good for a move down (that's the plan anyway!).

Divergence Pip Range Trading