Morning Friends,

As the airports open and the skies are full of travellers, I see the markets as this in the morning.

EUR/USD (Fiber)
I would see trading chances:
For Long above 13450, take profit at 13485-13500.  Stop Loss at 13430
For Short below 13395, take profit at 13350-13335.  Stop Loss at 13420

GBP/USD (Cable)
I would see trading chances:
For Long above 15400, take profit at 15460.  Stop Loss at 15360
For Short below 15305, take profit at 15250.  Stop Loss at 15345

Cable has been ranging between 15330 and 15378.  With the news coming in the morning there could be some good chances to earn good pips.

I have already taken over 22 pips this morning and will be placing my trades here soon.

To Your Trading Success.

The Investor Guru

Good Morning Friends,

Well yesterday afternoon was a little bit of a damp squib as far as the stochastic strategy goes. I did take just over 10 on Oil, however that disappointed me somewhat as I was just over 20 points up going for 25. This is a very good example of when GREED takes over. Under normal circusmstances I would have been happy with the 20 and most probably would have had a limit set.

So now for today…Well the Dust in the European air is still causing issues. My sister-in-law is currently stuck in Dubai. I could think of worse places to be stuck, and for my Icelandic friends “ÉG von allt er ALLT Í LAGI í þinn fagur land”.

This morning it has been a little bit more lively than first anticipated, oh well 5.7 points is better than 0, and the day is still young.

GBP/USD Early Trade

Lets see where the rest of the day brings.

Well I ended the morning on 21.2 pip’s up so not a bad mornings work…then came the afternoon and I am not sure what happend, I very nearly did some revenge trading and I am so glad I held firm and didn’t.  Anyway the sum total is that I ended the day 1.2 pip’s up…Yes that’s right 1.2.

To Your Trading Success

The Investor Guru

Morning all,

Well there have been some big moves overnight again. Over the last month these have been attributed to the Dilema that Greece are currently facing. However I believe the latest slump is down to the Icelandic Volcanic dust that has currently grounded the majority of the European Airlines. I am adjusting this morning and will be short selling the Air France / KLM and British Airways. I will post my results here.

All that said I did see early signals on my Stochastic Strategy and took an early 10 points. I set a limit of 10.

Early Cable Stochastic Trade for 10 Points

So I am now waiting for the FTSE opening to see if this takes the markets even lower.

Back Soon

To Your Trading Success

The Investor Guru

Good Morning Friends,

It feels like I have been away for a long time…some might say I should have been.

I even got up later than I would normally have done.  I did one early trade, before my 08:00 GMT.  Because it was this early I was only looking for a 10 point limit.

Cable Early trade

I am now taking my children out for the morning so will not be trading for a few more hours. I will be waiting for 14:30 GMT which is when Wall Street opens.

Have a good mornings trading and I will catch up with you all a little later

To Your Trading Success

The Investor Guru

Morning Friends,

I hope you have all had a good few days rest over the holidays. The mother of a friend of mine died over the weekend, my thoughts are with you Farai.

Well an early morning couple of trades for me today. I traded my stochastic strategy on Oil, entry 8645 and took 8 points at 8653. Very early for big moves and I wanted to make the week a really good one. I am going away with my family for a few days and we are all looking forward to it…No Laptops allowed!

Well just time to tell you of my trade on Cable…Had been talking with a friend in the states and we were discussing shorting Cable at the S1 level of 15241. It had been using this as resistance all morning so when it shot up earlier we both jumped on.  See below how the trade went.

Cable Trade from Resistance at S1

Well I am off now to enjoy a week away with my family…No electronic items allowed.

The Investor Guru

Good Morning,

And for all the people that understand “Pinch-Punch 1st of the Month!

If some of you out there think that I just roll out of bed and put on a couple of trades then hobble back into bed then I am going to give you a little insight into how my days is.

05:00 get out of bed, put the kettle on to make a mug of tea (Most important at this time of day) I drink Tazo Green Tea.  Boot up Laptop’s and PC’s.  While the systems are booting up, I read my Beliefs and then my Trading Plan, almost as important as the 1st mug of tea.  Then log in to ForexFactory to check the data and put the information into a skype chat that I am a member of.  Log in to IG Index and FXCM.  Load the charts up that for the Pairs that I watch GBP/USD (Cable), EUR/USD (Fiber) and Daily US Light Crude (Oil).  Decide on the levels of where I suspect the morning breakout to come from and draw lines.  Today my entry short on Cable will be 15170 and my long entry is 15245 just above the R1 Pivot (R1 = Resistance 1) checking pivots and indicators for my strategy (although I generally do not trade it before 08:00 GMT).  Now open up MetaTrader, again checking possible entry points for a pivot strategy that I trade.

05:30 once the 1st mug of tea has been drunk, make a second mug.  Now that the information from ForexFactory has been disected and categorised, the only ones we are truly interested in are High Impact Announcments and Medium Impact Announcements.  I place this in the skype chat for other members to view at a quick glance.

Now that these tasks have been done I then start to read.  The book I am currently reading is “Way of the Turtle” by Curtis M Faith.  This can be picked up at Amazon UK or Amazon USA.  I read at least one chapter, always keeping one eye on the charts.  As some of you may be aware I am writing my own book, I then write a few pages.

I bet you are thinking bloody hell there is a lot to do here, well before you know it the day is over.  I am not even at 07:00 GMT yet.

Just to keep you informed, I think the holiday’s have kicked in for some people, it is 10:30 GMT and I have not placed one trade yet.  Well it is now 17:50 GMT and I have not traded all day.  I gave up hours ago so I hope you all made money this afternoon UK & Europe and this morning for all my friends stateside.

Have a very happy holiday tomorrow.  I will not be around again until the end of next week, we are going away for a week to unwind with the family.

To Your Trading Success

The Investor Guru

Afternoon Friends,

I hope you are all well and had a good morning trading.  I have decided to put my blog together in the afternoon today so that I can take into account the Oil breakout trade I do in the afternoons.

So I will start with this mornings trade, which I might add is a good place to start.  You may or may not be aware that for the morning breakout I normally set a limit of 12 points.

Cable Breakout 31/03

So then I was off taking the girls to school and missed a whole load of fun around 08:30 – 09:00 GMT.  Oh well 12 points are in the bag.

I was thinking around lunchtime, why would you ever let a winning trade turn into a loser, or not have a systematic way of taking profits, if you weren’t convinced the market was going your way indefinitely?  Why would you hesitate to take a trade or not put it on at all, unless you were conviced that it was a loser when the market was at your original entry point?  Why would you break your money management rules by trading too large a position relative to your equity or emotional tolerance to sustain a loss, if you weren’t positive that you had a sure thing?  and why would you, because you know that anything can happen when you are trading and you have your strategy.  Your strategy has as many indicators that you need to help tell you when to enter the trade and when to exit.

Well it was pick up the girls from school time and then to the Wednesday Oil breakout trade.  Very interesting trade this afternoon.  There were quite a few significant levels to get to grips with.  I had 2 OTO’s (Orders to Open) placed, one long and yes the other short.  I cancelled the long OTO, I was not convinced that the trade would go long, call it gut feeling or intuition.  I left the OTO short and when the market changed it did with vengence and I was very soon triggered in, thankfully I was never out of profit and was very soon 20 points to the good.

Oil Breakout

Although I was very pleased with my analysis of the market and the execution of the trade, a lot of my friends were all triggered long around 8347 and lost around 50+ points each.

Here is to another day.

To Your Trading Success.

The Investor Guru

Morning Friends,

I feel like I have been away for a month.  However as soon as I logged into my IG Index account, opened the charts and started to look I knew I it wouldn’t be long before I would be back in the Zone.

Well yesterday is documented and today started really good, now I have not even traded with my strategy and I am up 40 points.

So on to the trades, of which there are 2 to show

The first cable trade was earlier than anticipated and entered around 06:40 with a 15010.

After the early rise over 15000, I had been in discussion with my friend Adrian H and both agreed the next entry level would be around 15055.  We both placed OTO’s (Order to Open) with IG Index.  Around the 07:25 mark we were both triggered long.  In a trade for what seemed hours.  Oh it was, around 09:05 I was triggered out with my limit of 20 met.

So now out for a walk and to grab some fresh air before this afternoon’s trading.  Oil is dancing around the 8200 mark as if it wants to break below.  I will see where it is when I get back.

For now happy trading.

Good Day to you all,

I have not been trading over the last couple of weeks hence no blog.

Today was going to be a difficult day also as I would only be able to trade until 08:00 GMT.  I am away for the rest of the day helping at my eldest daughters school.  Yes I am mad.

So as I mentioned above this morning was going to be a little tricky with time scales, I was just hoping that I would be able to get at least one trade in before I left.

I identified that for GBP/USD (Cable) that 14955 would be a good entry for a long breakout trade, so I set an order to open (OTO) at this price with a limit of 12 approximately 07:10 GMT.  I was then busy running around the house having a shower and getting my daughters ready for school.  I kept on popping back to have a quick look, around 07:20 my ticket was opened and not more than 15 minutes later I was 12 points to the good.  This was one of those occasions that had I set a higher limit of say 15 I would have taken the points, well the market will do what the market will do.

Cable 29/03 Breakout Trade

I had such a fantastic day with my eldest and came back late in the afternoon only to see the markets that I watch GBP/USD (Cable), EUR/USD (Fiber) and Oil had all had significant moves in the day and that these markets were now really quite flat.  No more trading for me today.

So have a good evening all and I will catch you all bright and early tomorrow.

To you Trading Success.

The Investor Guru

Good Morning,

In the UK over the weekend it was Mother’s Day.  This is where we celebrate our mothers, mine lives a long way from where I do and I rang to wish her a happy day.

Do any of you follow Rugby Union, well my team Sale Sharks are having a bit of a bad year and so are England.  I read in one report that Martin Johnson says that the team are improving, which England is he watching?  He needs to stop kidding himself that he can coach.  There, that’s my rant over with.

So on to this morning, and might I add that it is a very good morning, so good in fact that I am going for a round of golf and my beloved Golf Club.

So let me tell you the story of this morning.  Well as per usual I got up 05:00 GMT.  Did my usual boot up of the laptops and PC’s, more for Internet Marketing that my wife and I do.  So nothing seemed out of the ordinary.  I checked Forex Factory, there weren’t any fantastic announcements coming up.  I started to reading “Way of the Turtle”.  Checking the charts I noticed that Cable (GBP/USD) was ready for entry with my strategy.  So it was around 07:36 I opened my ticket short, limit of 15 set.  It wasn’t long after setting this that I noticed that AUD/USD was also ready so I opened up a ticket also with a 15 point limit, the next was Fiber (EUR/USD) and another ticket open.  I have never been this exposed this early in the morning, three trades on the go and it wasn’t even 09:00 and all before my gorgeous girls were at school.

Now this blog is going out before I have had time to put the charts up for you.  I got back from dropping the girls at school to see that my Cable trade had netted 15.  Now Oil was looking like a trade 08:50 ish.  So it is now 09:30 and I am off, suffice it to say that I have picked up 15 points on every trade this morning so am 60 points up.  How about that for a Monday, talk about Trading in the Zone.

To Your Trading Success

The Investor Guru