http://www.babypips.com/blogs/loonie-adventures/ “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. en Copyright 2010 Sun, 21 Mar 2010 22:18:20 -0500 http://blogs.law.harvard.edu/tech/rss 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. http://www.babypips.com/blogs/loonie-adventures/going_for_the_loonie_pullback.html http://www.babypips.com/blogs/loonie-adventures/going_for_the_loonie_pullback.html Sun, 21 Mar 2010 22:18:20 -0500 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. http://www.babypips.com/blogs/loonie-adventures/hlhb_weekly_update_-_march_19.html http://www.babypips.com/blogs/loonie-adventures/hlhb_weekly_update_-_march_19.html Thu, 18 Mar 2010 23:20:10 -0500 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. http://www.babypips.com/blogs/loonie-adventures/tic-toc_on_the_swissy_clock.html http://www.babypips.com/blogs/loonie-adventures/tic-toc_on_the_swissy_clock.html Sun, 14 Mar 2010 22:05:19 -0500 I got several crossovers on my HLHB mechanical system this week but the sad part was, none of those yielded pips for me. http://www.babypips.com/blogs/loonie-adventures/hlhb_weekly_update_-_march_12.html http://www.babypips.com/blogs/loonie-adventures/hlhb_weekly_update_-_march_12.html Thu, 11 Mar 2010 22:38:29 -0500 Argh - it looks like euro bulls bounced back last week! Off with their heads!!! http://www.babypips.com/blogs/loonie-adventures/shorting_the_eurusd_again.html http://www.babypips.com/blogs/loonie-adventures/shorting_the_eurusd_again.html Sun, 07 Mar 2010 21:58:03 -0500 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. http://www.babypips.com/blogs/loonie-adventures/hlhb_weekly_update_-_march_5_2.html http://www.babypips.com/blogs/loonie-adventures/hlhb_weekly_update_-_march_5_2.html Thu, 04 Mar 2010 21:37:29 -0500 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. http://www.babypips.com/blogs/loonie-adventures/riding_the_kiwi_wave_lower.html http://www.babypips.com/blogs/loonie-adventures/riding_the_kiwi_wave_lower.html Mon, 01 Mar 2010 21:45:50 -0500 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. http://www.babypips.com/blogs/loonie-adventures/falling_trend_line_on_the_euru.html http://www.babypips.com/blogs/loonie-adventures/falling_trend_line_on_the_euru.html Sun, 28 Feb 2010 21:36:32 -0500 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! http://www.babypips.com/blogs/loonie-adventures/hlhb_weekly_update_-_february_3.html http://www.babypips.com/blogs/loonie-adventures/hlhb_weekly_update_-_february_3.html Thu, 25 Feb 2010 21:48:24 -0500 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. http://www.babypips.com/blogs/loonie-adventures/hlhb_weekly_update_-_february_2.html http://www.babypips.com/blogs/loonie-adventures/hlhb_weekly_update_-_february_2.html Thu, 18 Feb 2010 22:21:01 -0500 Whee! A breakout on the EURUSD! But, unfortunately, the pair broke out to the topside, opposite of what I was expecting. :| http://www.babypips.com/blogs/loonie-adventures/shorting_the_eurusd_on_a_break.html http://www.babypips.com/blogs/loonie-adventures/shorting_the_eurusd_on_a_break.html Tue, 16 Feb 2010 21:30:25 -0500 Wow! Lots of signals this week - I got 4 this time around! Good thing, my 30-pip filter saved me from a lot of losses. Unfortunately, one managed to get through and burn me! http://www.babypips.com/blogs/loonie-adventures/hlhb_weekly_update_-_february_1.html http://www.babypips.com/blogs/loonie-adventures/hlhb_weekly_update_-_february_1.html Thu, 11 Feb 2010 22:15:48 -0500 Looks like I got two signals but no date - I mean trade! Check it out in my weekly update! http://www.babypips.com/blogs/loonie-adventures/hlhb_weekly_update_-_february.html http://www.babypips.com/blogs/loonie-adventures/hlhb_weekly_update_-_february.html Thu, 04 Feb 2010 22:35:10 -0500 Phew looks like I got lucky on my GBPUSD trade! Time to close before I head off to sleep! http://www.babypips.com/blogs/loonie-adventures/cable_squeezes_into_a_rising_w.html http://www.babypips.com/blogs/loonie-adventures/cable_squeezes_into_a_rising_w.html Wed, 03 Feb 2010 21:55:47 -0500 Boo! Another week with no signal on my HLHB mechanical system. Still, I have much to be cheerful about since I locked in a lot of pips from last week's trade signal. http://www.babypips.com/blogs/loonie-adventures/hlhb_weekly_update_-_january_2_1.html http://www.babypips.com/blogs/loonie-adventures/hlhb_weekly_update_-_january_2_1.html Thu, 28 Jan 2010 22:25:59 -0500