GBP/USD: Riding the Uptrend - Trade Cancelled
As I mentioned in the comments, I decided against taking this trade. The signals just didn't line up. There were no reversal candlesticks and the rising trend line did not hold. … 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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June 2012
Monthly Archive
GBP/USD: Time to Go Long... Again?
It's been two weeks since I have had a position, so I thought it was time for me to get a little bit aggressive. Earlier today, I decided to jump in at market and buy Cable. … More…
HLHB Weekly Update - June 25, 2012
Well, what can I say? Last week turned out to be a good one for the HLHB system as it was able to bring in 153 pips!… More…
HLHB Weekly Update - June 18, 2012
Remember that last signal that formed on my HLHB Trend Catcher last week? Well, it closed with a nice 113-pip win! It also allowed my system to remain in the green despite incurring a couple of fakeouts.… More…
GBP/USD: Waiting for a Downside Break
I see that an ascending triangle has formed on the hourly chart of Cable. This pattern is normally considered bullish, but not all the time. Given the current market environment and the overall long-term trend, I think it's actually going to break to the downside! … More…
HLHB Weekly Update - June 11, 2012
It was another awesome week for me as both my HLHB Trend-Catcher account and live account clocked in gains. It was 50-pips for the HLHB Trend-Catcher and 130 pips for my EUR/USD discretionary trade! … More…
Countertrend Trade on EUR/USD
I'm hoping to extend my winning streak by going long on EUR/USD. Are you with me?… More…
HLHB Weekly Update - June 4, 2012
Winner, winner, I got me a trip to the jeweler! Well, I didn't really get myself any bling-bling. I just wanted to make it rhyme. However, I think I could have if I wanted to after a winning week! … More…
