December 2011 Monthly Archive

Surviving the Choppiness that Defined 2011

To say that trading was wild on cross-currency pairs this year would be an understatement. Despite the choppiness in the markets, I don’t think I fared too badly at all. Here’s a recap of my trading for 2011. Read more

Cross-eyeing: A Sweet Technical Setup on GBP/JPY – Trade Closed

Resistance at around 122.20 didn’t hold this time around, and unfortunately, my GBP/JPY position got stopped out. Not quite how I wanted to end the year, but good thing I didn’t risk too much on this trade! Read more

Weekly Watch: December 19 to 23, 2011

What a crazy week we saw last week! If you didn’t catch the early sell-off, you might have had a harder time making some pips later in the week as we saw some major consolidation. With the holidays just around the corner, will the consolidation continue? Here are some levels to keep an eye on this week! Read more

Cross-eyeing: Falling Channel on GBP/JPY – Orders Cancelled

Looks like lady luck wasn’t on my side this time, as I missed out on getting triggered on my GBP/JPY trade! Now it’s trading near the bottom of the channel! Drats! Read more

Weekly Watch: December 12 to 16, 2011

Last week was downright awesome as EUR/JPY and EUR/GBP responded nicely to the levels we had pointed out. Need to know what levels you should be watching this week? Then check this out! Read more

Cross-eyeing: Shorted EUR/GBP at PWH

Thanks to my Weekly Watch, I focused my eye on EUR/GBP and shorted at the PWH! Looks like the trade worked out nicely for me as I was able to catch a top and quickly grab a cool 50 pips! Read more

Cross-Eyeing: Shorting EUR/JPY Again! – Trade Closed

ARGH! Looks like I played this trade just a little too tight! If I had set my stop just 12 pips higher, I would be chest deep in the money right now! Read more

Weekly Watch: December 5 to December 9, 2011

Sorry for the late post, fellas! I think I had a bad batch of bunny ears over the weekend and it kept me out of commission yesterday. Anyway, I’m back and ready to tackle the markets! Here are this week’s levels to watch! Read more