Having been trading the currency markets for 15 years I have seen many things but fundamentally the markets have not really changed that much.
The new rules regarding leverage have probably had the biggest impact on retail trader activity that I have seen. Far less retail traders in the market these days but the opportunities to make money are still very good.
This year has been quiet by normal standards and the summer months have been very hard for traders that trade Euro Dollar as the range has been very tight for months. But I’m happy to see September is here and we are now in the best period of the trading year.
September to December are very profitable months for professional traders as the market starts to open up and the opportunities to make more pips are with us again.
This week was a good week for us. I personally did over 200 pips, while my best guy did 334, so big shout out to Dario. He showed a lot of patience this week as he held his euro short trade for almost a week before closing on Thursday with a great profit in the bag.
When you understand the market as we do you just have to have the patience and the discipline to wait for the correct entry and exit and let the market do its thing.
I would also like to give a little shout out to Phil, who has been struggling a little bit in recent weeks, but he has stuck to the task and got back into the zone with 110 pips this week trading part-time.
I would also like to apologize to any readers of my blog for the lack of activity on here of late. I just don’t have the time these days to keep posting stuff. I know that can sometimes put people off, but I can assure you that we are all very much alive and kicking and looking forward to the very profitable run-up to Christmas.
I have a couple of spots available for training starting next month, so if you are struggling with your trading and you want to be part of our group please call me or message me and we can have an informal chat about what’s involved.
Have a great day and thanks for dropping by.
