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Gary posted blog posts
2 hours ago
Gary posted a blog post

FX Light - USDCAD Performing

“There is only one side to the stock market; and it is not the bull side or the bear side, but the right side” Jesse Livermore – Legendary Trader. 1877-1940 September 12th 2014 – Good morning. The mood music continues to be about Dollar strength across the board. Also it may be worth noting that the polls are swinging…See More
Friday
Gary posted blog posts
Sep 9
Daologic commented on Gary's blog post FX Light - Dollar Strength Across The Board as Scottish Polls Show Independence Momentum
"DB says 1.25 year end. Let's see."
Sep 4
Gary commented on Gary's blog post FX Light - Dollar Strength Across The Board as Scottish Polls Show Independence Momentum
"Take EURUSD out to a monthly time frame and you will see the tightening wedge formation begun in 2007. I figure we will finish the year below 1.30 but obviously it won't go there in a straight line. Many studies are stretched at the moment. "
Sep 4
Daologic commented on Gary's blog post FX Light - Dollar Strength Across The Board as Scottish Polls Show Independence Momentum
"Hello George and Gary! EURUSD is almost 900 pips down without a retracement. There will be a retracement but I don't know (who knows!?) if from this levels or from 1.30 or lower, but there eill be a retrace toward 1.33 and then a new fall to…"
Sep 4
George Sofianos commented on Gary's blog post FX Light - Dollar Strength Across The Board as Scottish Polls Show Independence Momentum
"Hi Gary and Dao, I think also the Fed will try to delay the rise of rates as much as possible. Each time the market tries to find a '' superman '' central bank that will tighten policy but no one really have the guts to do it…"
Sep 3
Daologic commented on Gary's blog post FX Light - Dollar Strength Across The Board as Scottish Polls Show Independence Momentum
"USDJPY. FED has already started the tightening cycle whyle BoJ is still strongly commited to easying. Next level for UJ is 110.50. There is also a divergence netween ECB and FED and ECB and BoJ. Also, BoE is just talking about tightening, just…"
Sep 3
Gary's blog post was featured

FX Light - Dollar Strength Across The Board as Scottish Polls Show Independence Momentum

"We will keep the Pound Alistair because it is our Pound as well as England's Pound." - Alex Sammond, Leader, Scottish National Party.My Trades.September 3rd 2014 Good morning. So I’ve been scalping trades in EURUSD overnight, or more specifically my EA has for a decent profit. In terms of manual trades I remain long GBPUSD…See More
Sep 3
Gary's blog post was featured

GBPUSD Looks Compelling Now.

My Trades.On Friday I closed two of my four long GBPUSD positions however cable is higher again this morning and I may hold on to this position for another 24 hours to see how this market evolves. We’ve already taken out last week’s high of 1.6613 and with daily relative strength studies indicating well oversold, and being at…See More
Sep 1
Gary's blog post was featured

FX Light - Buying GBPUSD and Brrr! My Ice Bucket Challenge

 August 27th 2014 – I remain long GBPUSD just under recent resistance at 1.66 and while I do see this market declining over the course of the coming weeks, I believe both this and many other markets are stretched right now and this is the reason for my long trade. We are oversold daily and weekly and I think a close above 1.67 would be very likely to accelerate a move higher tomorrow. I sold the FTSE yesterday again and remain short this market. I am looking for a move off all time highs in SPX…See More
Aug 27
Gary's blog post was featured

FX Light - Bot EURUSD

There is only one side to the stock market; and it is not the bull side or the bear side, but the right side”Jesse Livermore – Legendary Trader. 1877-1940  August 26th 2014 – I’ve bought some EURUSD just above 1.32 as a scalping trade. I’ve entered in small size and will scale up over the course of the morning.…See More
Aug 26
Gary's blog post was featured

Copy Trading. Some Do's & Don'ts

Copy Trading or Mirror Trading is catching on for better and worse. Having traded and worked in the retail CFD/spread betting arena for some years I made all the mistakes starting out. Over leveraging, no idea of a target price, no capacity to cut a loser, or to hold a winner. Then as I learned the hard way by doing…See More
Aug 23
Gary posted a blog post

FX Light - Tiptoeing Into A Long GBPUSD Position

21st August 2014. Yesterday’s Fed minutes were a bit of a strange event. The tone was clearly more hawkish and yet the equity markets took it all within stride. The Fed exiting QE and raising interest rates is apparently no problem. Still watch these markets carefully into the end of the week as we still have the Janet Yellen…See More
Aug 21
Gary's blog post was featured

FX Light - Fed Minutes & Cable Oversold

20th August 2014. The major event risk today will be the release of the minutes of the last Fed meeting and I would expect some EURUSD volatility there. Also it is worth noting the significant drop in GBPUSD both yesterday and over the past number of days perhaps now setting us up for a long scalping or swing trade off…See More
Aug 20
Gary posted a status
"Bought Cable."
Aug 19

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About Myself
Former Stockbroker
Trading style
Discretionary
Current Broker
FXCM

Gary's Blog

FX Light - Bought Kiwi Overnight

Posted on September 16, 2014 at 8:34am 0 Comments

 

September 16th 2014 Hi all. It feels like we are waiting for the next move higher for the USD. If we look across the board the likes of USDJPY and USDCAD are now digesting their previous moves and may look to move higher in the coming sessions again. On the other hand the NZDUSD move lower is beginning to look a bit…

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FX Light - Sold EURJPY - Scotland Votes This Week.

Posted on September 15, 2014 at 8:44am 0 Comments

September 15th 2014 This is the week of the Scottish referendum and considering the downside riskactually think markets have not sold off enough. Certainly looking at last week’s weekly Hammer Candlestick I would normally be quite keen to buy GBPUSD…

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FX Light - USDCAD Performing

Posted on September 12, 2014 at 8:30am 0 Comments

“There is only one side to the stock market; and it is not the bull side or the bear side, but the right side” Jesse Livermore – Legendary Trader. 1877-1940 

September 12th 2014 – Good morning. The mood music continues to be about Dollar…

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