Playing the Cable's Range - Busted!
Ouch! This trade marked my second loss in a row. What did I do wrong? Did I set my stop too tight? Did I go in too early? … More…
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.
Latest Posts
May 2010
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May 2010 Monthly Archive
HLHB Weekly Update - May 28, 2010
Gosh, I wasn't able to profit from that sharp dive in the EURUSD since I didn't get the go signal from my HLHB mechanical system!… More…
HLHB Weekly Update - May 21, 2010
After a couple of weeks of inactivity, my HLHB system has finally started showing some life as a bullish crossover happened. I did not enter though because my signals did not line up! … More…
Not Yet Done with the EURUSD! - Orders Closed
Oh Phooey! I missed out on the retracement on the EURUSD! The euro is starting to look like a fur coat in the middle of summer - nobody wants it! … More…
Going Against the Fiber's Flow - Trade Closed
Oopsie, there goes my trade idea! I'm not feeling bad at all, because I think it was one of those trades that you risk very little and get paid in spades if it goes your way. Besides, I only put half my usual position size. … More…
HLHB Weekly Update - May 14, 2010
Phew, I almost got caught up in a serious fake out! After gapping up to start the week and rising to as high as 1.3096, it almost looked as if the moving averages were going to make a crossover to the top. … More…
HLHB Weekly Update - May 7, 2010
Well, whad'ya know... It looks like I won't be doing some modifications on the HLHB system just yet! Amidst all the frenzy in the markets, my HLHB system still rocked! Can you say trade of the year?! … More…
How Low Will the Euro Go?!? - Close Open Orders
Lesson learned. When risk aversion's too strong, don't bet on the EURUSD to retrace as far as the 61.8% Fibonacci retracement level. I completely missed the boat on this one, as the pair hastily fell when the European trading session opened up. … More…
Looking to Go Long on the USDJPY! - Trade Closed
What in the world happened yesterday! Even though price was chilling below the 94.00 price level, I didn't think it would drop so low to stop my remaining position at 92.20!… More…
More EURUSD Weakness in the Cards? - Trade Closed
Awwwwwwwwww yeah! Forgive me for being overly ecstatic; I just can't help it! This is probably my best trade yet. Sorry for the late update but I didn't expect the EURUSD to drop 300 pips in just two days!… More…
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