Well we have had a few days of snow and as a result the whole of the UK has effectively closed down until further notice. All the schools are closed, many people are skiving off work, the local councils have run out of grit for the roads, my TV signal keeps failing, and we've got Mr Bean running the country. Anyway despite all that I've actually had a pretty decent week on the trading front.

I have three trades to tell you about this week. The first was on the GBP/USD pair on Monday. I said last week that I fancied this pair to cross downwards and it did so right at the start of the week. After the EMAs crossed downwards on the 4 hour chart I switched to the 2 hour chart to enter on any pull-back to the EMA (5) and went short at 1.4235.

I later closed half this position for 50 points, like I normally do, and let the other half run. I was determined to let this one run for as long as possible but after dipping below 1.4100 and bouncing back strongly, I eventually decided to close out at 1.4125, which was still a decent return.

The next trading opportunity arose on Wednesday when the EUR/USD crossed downwards. This was a textbook crossover and after it crossed on the 4 hour chart, I again used the 2 hour chart to find a good entry point and went short at 1.2891.

This one didn't go according to plan initially and I was waiting to see if the EMAs would cross upwards again, but thankfully the price did then fall and I managed to close half at 1.2841 and let the other half run. I was targeting around 150 points with this latter portion of the trade but unfortunately it hit my stop loss (which I had moved to break-even) the following day. So this was a disappointing outcome in the end.

The final trade actually occurred on the Dow Jones. I don't normally trade the Dow after it stung me badly many times at the start of my trading career but there was a nice trading set-up and it had breached the 8000 level, so I thought it was worth trading. I went short at 7985.5 and ended up closing half for 50 points and letting the other half run. I was targeting the 7800 level but after it slumped to 7850 the following day and rebounded sharply, I decided to close out at 7905 and take the profit.

So overall it was a fairly good trading week overall, despite the fact that I'm still snowed in.

If you have emailed me in the last few days I will try to get back to you in the next few days as I've been snowed under (excuse the pun) in recent weeks. In the meantime you can learn about my main 4 hour trading strategy by subscribing to my newsletter above.