HLHB Weekly Update - March 19, 2010
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. …
About The Loonie Adventures of a Forex Noob
“Huck loves her bucks!” I always say. The problem, of course, is how to make those bucks!! In this blog, I'll be posting my adventures as I traverse the forex world, while trying to catch some pips along the way. To do this, I will make use of classical charting methods as well as develop my own mechanical system. After work, I will update you on what’s happened to me that day and how my trades went. Hopefully, by the end of this tale, I'll be able to achieve my goal of becoming a profitable currency trader.
March 2010
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Archives
The Loonie Adventures of a Forex Noob
Going for the Loonie Pullback... Then Parity? - Trade Closed
Luckily, the Canada's economic reports came in better than expected last Friday. This allowed the USDCAD to fall to a low of 1.0062, hitting my first profit target at 1.0075 along the way.…
Tic-Toc on the Swissy Clock - Trade Closed
Well, my winning streak had to end sooner or later! In the span of a few minutes last Friday, my USDCHF long order got triggered and stopped out. …
HLHB Weekly Update - March 12, 2010
I got several crossovers on my HLHB mechanical system this week but the sad part was, none of those yielded pips for me. …
Shorting EURUSD One More Time! - Trade Closed
Argh - it looks like euro bulls bounced back last week! Off with their heads!!!…
HLHB Weekly Update - March 5, 2010
This week was a pretty hectic one, with a bunch of central bank rate decisions and the highly-anticipated US non-farm payrolls report. Just like the American Idol hopefuls, most majors bounced back from their dismal performance last week and attempted to finish stronger this week - some succeeded, others didn't. …
Riding the Kiwi Wave Lower - Trade Closed
Darn! Looks like I got stopped out on the remaining position on my NZDUSD trade. Oh well, at least overall I won on the trade.…
Falling Trend Line on the EURUSD - Trade Closed
One pip. Yep, one pip away from hitting my profit target. In retrospect, I should not have let my trade run like that, especially since price has already bounced from the previous week's low. Could've, would've, should've. Ah, well, at least I walk away with some profit.…
HLHB Weekly Update - February 26, 2010
Even though I still had an open trade from last week, I had to exit that one because a new crossover formed during the first part of this week. The EMAs made an upward crossover but the stochastics were already in the overbought region, meaning I could not enter long. I thank the forex gods for that! …
HLHB Weekly Update - February 19, 2010
Yipee! I caught a winning signal on my mechanical system this week! In fact, there were a couple of crossovers but thanks to that 30-pip filter, I was shielded from suffering a fake-out.…
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