Daily Chart Art - February 2, 2012
Show some love for the commodity currencies today by checking out these sweet setups on AUD/USD, USD/CAD, and NZD/USD. Here's my comdoll special for y'all!
Have a difficult time keeping up with all the events happening in the forex market? Don't you worry, I'm here to help you out! Read my Daily Forex Fundamentals to know what's coming out!
Show some love for the commodity currencies today by checking out these sweet setups on AUD/USD, USD/CAD, and NZD/USD. Here's my comdoll special for y'all!
It wasn't so long ago that the BOJ and SNB intervened to stop USD/JPY and EUR/CHF from falling. Now, it looks like they'll have to step in again!
Back in early September, our buddies over at the SNB declared that they were pegging the franc to the euro at 1.2000. Five months later, EUR/CHF is now approaching that key level. Given the SNB's history of following through, I think this could be a good trade opportunity for me!
Last month, we had two courageous participants in my monthly contest. After a gruesome week of voting, the humans have spoken and it looks like we have a champion. By a cosmic landslide victory, I now present to you January's Best Forex Trading System...
Good afternoon! Both of my short positions triggered during the European trading session, and I was lucky enough to get the price action I had hoped for. But did I execute well?
I had 3 potential trades today but because none of them met all of the system's criteria, I did not enter the markets. See how it all went down in today's Cowabunga Surf Report.
We got some good feedback from our article on Friday. Below are a few reader comments and our responses. Enjoy. (And keep the comments coming.)
Aww geez, this isn't exactly how I wanted my first trade of the year to turn out! I should've exited this trade when I had the chance, but here's how it all panned out instead...
I see the EUR/USD in a state of transition and not to be left out...I see the U.S. Dollar Index in the same transition. While the EUR/USD is moving sideways at the BOTTOM of its range, the greenback is doing it at the TOP of its uptrend.
Wow, that was a close one! Garnering 17 votes, the winner of this week's Trade of the Week goes to...
Let's face it. Many of us are lured by the promise of making big bucks in the world of forex trading, to the point that it becomes an addiction for some. Are you guilty of this?
The Trend-Catcher 3.0 comes out with another winning week! There were a couple of losses, but a few wins more than made up for it.