Monthly Archive

Pick of the Day: None

Well, we’re about to embark on another wild ride tomorrow as the event that all traders have been waiting on (for what seems like forever now)…the FOMC interest rate decision! Read more

Pick of the Day: EUR/USD

Tonight, we have a nice, basic technical setup on EUR/USD. A weak USD sentiment is still in play ahead of the FOMC decision this week, but we may see Read more

Pick of the Day: EUR/USD – Close Open Orders

It looks like the bears were not able to hold 1.43 for long as EUR/USD continued to rally on weak dollar sentiment… Read more

Pick of the Day: None

We have the big economic event of the week in US New Home sales tomorrow at 10:00 am EDT. Weak numbers are expected of course, especially after Read more

Pick of the Day: USD/CHF – Trade Closed

We managed to snag a few pips yesterday as our trade closed at break even as the pair rallied back up from 1.1710 to our entry point where we adjust our stop. Read more

Pick of the Day: EUR/USD – Trade Closed

EUR/USD broke out of its range yesterday as the Dollar sold off against the majors. Read more

Pick of the Day: Cable – Trade Closed

The MPC Meeting Minutes event turned out to whipsaw the markets as Cable drop as the report was released as expected, but ran into a wall of support at 2.03 before rallying up higher. Read more

Pick of the Day: USD/CAD – Trade Closed

USD/CAD rallied up to .9800 during the Euro trading session before dropping once again below our entry point. Read more

Pick of the Day: USD/JPY – Cancel Open Orders

USD/JPY pushed higher and found resistance at 117.50 before dropping lower, then settling in the middle of today’s range. No trade was triggered, and I have decided to Read more

Pick of the Day: EUR/USD – Trade Closed

Our position closed this morning at our adjusted stop loss as we saw a broad based USD selloff and a return to risk as equities rally in the US. Read more

Pick of the Day: EUR/USD – Trade Closed

Our short position on EUR/USD closed yesterday as the Dollar rallied on surprise strength from the ISM Non-Manufacturing data…. Read more

Pick of the Day: GBP/USD – Close Open Orders

We will close all open orders to short as Cable did not make the move lower as hoped. Read more