A Perfect Trade Signal on GBP/USD? - Trade Closed
What a time for that trend line on GBP/USD to break down! Just when I had bought the pair in hopes of getting a piece of its uptrend, it decides to drop like a lead brick! Phooey!… 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
December 2010
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December 2010
Monthly Archive
My Year-End Trading Review
As promised, here's my in-depth review of how my trading went this year, complete with statistics and personal thoughts. I put a lot of work on this, so I hope you like it!… More…
HLHB Weekly Update - December 17, 2010
NOOOOO! Why, oh why, did I get burned from my HLHB mechanical system this week? To think I was feeling giddy when I saw that upward EMA crossover while the stochastic was still climbing! … More…
Falling Trend Line on Cable? - Trade Closed
R.I.P. liquidity! While I did enter at a top, it seems like Cable has very little room to fall. What does this mean for my trade? You got it, I have to close early. Besides, there seems to a be a rising channel forming too.… More…
HLHB Weekly Update - December 10, 2010
The system works! Okay fine, I didn't get a winning signal, but at least my filters saved me from getting caught in a false move three times this week!… More…
EUR/USD: Shorting a Retracement - Trade Closed
Eeeeep!!! It looks like the markets aren't willing to go back to fundamentals anytime soon! My order got triggered and stopped out on the same day! The upside surprise on China's manufacturing PMI sure threw a mean curve ball on risk sentiment. … More…
HLHB Weekly Update - December 3, 2010
I got another signal this week, but once again the Stochastics is already above 80. This implies that I shouldn't enter, as it could mean that this move up won't last very long.… More…
