EUR/USD: Shorting on a Pullback
Ugh! With all these downgrades, talks of a debt contagion, and protests against austerity measures, how am I supposed to show the euro some love? That's it! I'm rooting for the dollar.… 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.
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May 2011
Monthly Archive
HLHB Weekly Update - May 27, 2011
I may not be Britanni Kline, America's Next Top Model Cycle 16 winner, but I feel like I'm on top of the world with my win on EUR/USD! Although my HLHB system didn't do so well this week, I still think I'm ending May on a good note!… More…
HLHB Weekly Update - May 20, 2011
Boy did I miss out on the action on the charts this week. I had four trade ideas but I got in none of them since I didn't get the confirmation signals that I wanted. Heck, even my HLHB system just sat on the sidelines. As if that's not bad enough, my home girl Hayley Reinhart got eliminated from Idol! Sigh. … More…
Trade Idea Marathon: Riding the Trend on USD/JPY
Since I've tackled all the other majors already (EUR/USD, GBP/USD, USD/CHF), I decided to make my last trade idea for the week on USD/JPY. I also want to make sure it's high probability, so I'm going with the medium-term trend! Hope you like it.… More…
Trade Idea Marathon: Will the Falling Trend Line on Cable Hold?
They say the third time is the charm. Will I finally get to pull the trigger on my third trade idea for the week? I'm looking at a possible Fib play on Cable!… More…
Trade Idea Marathon: Waiting For A Breakout on EUR/USD
One thing I've learned in technical analysis is that the more times a support or resistance level is tested, the more likely it is to break and the stronger the resulting breakout will be. Since a falling trend line resistance has been holding nicely in EUR/USD, I've decided to put my idea to the test! … More…
Trade Idea Marathon: Bullish Flag on USD/CHF
So my "bribe" (term coined by a reader) did not work and I failed to get those 50 followers on my Twitter account. Still, I decided to go through with my plan and write up a trade idea every night for or the next 4 days. After all, what's losing a bit of sleep for my readers? Right...?… More…
HLHB Weekly Update - May 13, 2011
Good news! Remember the short signal my HLHB system generated last week? Well, it turned to be a winner! Woohoo! But wait, I still have more news! I've decided to post trade ideas EVERY SINGLE DAY next week if...… More…
Trading the News: U.K. Inflation Report - Trade Closed
I jumped in at market, held my breath for what seemed like an eternity, and boom! GBP/USD skyrocketed up the charts and I came out on top with a 1% gain. Whew! I didn't know trading the news could be that exhilarating! … More…
EUR/USD: New Yearly Highs in the Making? - Trade Closed
I was sooooooooo close to not posting this. I did not want to announce to the whole world that my trade lost. But a girl trader's gotta do what a girl's gotta do! I won't learn anything otherwise!… More…
HLHB Weekly Update - May 6, 2011
By now, you all probably know that I got a very painful loss on EUR/USD yesterday. I decided to take a break from the markets, cool off, and focus instead on how my HLHB system has been doing in the last couple of weeks that I wasn't able to forward-test it. … More…
USD/JPY: Going Against the Trend - Stopped Out
After holding on to the trade for almost a week, I finally got stopped out yesterday. What a sad, sad day it is for little noobie Huck!… More…
