Cross-Eyeing: EURJPY - Closed Open Orders
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With the euro posting some gains over the past couple of days, it looks like I missed out... Again!
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Remember regardless of whether you are automating your chart pattern identification, using manual lines and levels, using the Wave or some other tool...KNOWING how to trade a pattern in relation to the market direction is vital to success in using this time tested, price analysis.
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With the euro posting some gains over the past couple of days, it looks like I missed out... Again!
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US vs. German Yield Spreads - Tracking on the recent dollar index rally...
CFTC Commissioner Jill Sommers and President of NFA, Dan Roth met on Friday. Guess what was discussed?
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Good afternoon! What started out as a great longer term trade for me turned into a short term bust as Cable found support mid-week and closed out strong. See how it panned out!
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With the market ranging heavily today, we had several false signals. The good news is that we were saved from many potential losses. See how it all went down in today's Cowabunga Surf Report. (Video Included)
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It's a rare Friday for the forex markets, as no data will be released from the US! Will we see more range like movement? Or will some profit taking take place?
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Now that the USDCAD has plowed through a key support level, what will drive the CAD bulls to take the pair to parity? I've got a feeling that the Canadian retail sales report may just push it over the edge...
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What's up forex friends?! We have broken trend lines, Fibonaccis, and head and shoulders in today's chart art! Go ahead and them them out!
I know how you feel, believe me. You're more than likely still working the "real" job to pay the bills and put treats in your and your family's mouths. Trading is an after work (or maybe during work) hobby, and happens if and when you have enough strength to keep your eyes open. You haven't gained the trading experience to take it full time, but that's the dream. And a great dream it is.
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Those Aussie bulls are really showing their horns eh? I got the direction right but my long entry wasn't even close to getting triggered!
The Loonie Adventures of a Forex Noob
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Yipee! I got a good valid signal on my HLHB system this week and I hope it works out for me. There was a downward EMA crossover while the stochastics were still crawling towards the oversold area.
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