May 2011 Monthly Archive

Another Chance to Short EUR/USD? – Trade Closed

Good evening! It was fast and furious price action during Thursday’s US trading session as the markets flipped around on weak US data. My trade was triggered, and after a few quick decisions to adjust to price action, my trade was closed. Check out my review after the jump! Read more

Rising Wedge Break in EUR/USD? – Trade Closed

After a couple of missed trades, I finally caught a break on Friday as European debt issues returned to the spot light and pushed the euro down before trading closed for the weekend. With the pair now testing strong support, I’ve decided to close my trade out. Read more

Technical Swing Setup on Cable? – Market Review

Looks like my swing trade is gonna be a ‘no go’ this week as Cable failed to break resistance this week 1.6300. Check out how GBP/USD has moved so far this week! Read more

Downtrend Retracement Play on Cable? – Market Review

Good evening forex friends! Looks like I missed out on another good move as the market never got up to my short orders at 1.6400. Here’s a review of price action and other missed trade opportunities through out the day. Read more

Day Trade Short on EUR/USD Fib Retracement? – Market Review

I closed my open orders for a short position on EUR/USD today as a surprise downgrade on Greece from S&P sent the euro tumbling. Here’s a review of today’s price action. Read more

Mid-Week Swing Setup on Cable: Trade Review

Good evening evening! It was a wild day in the markets as weak economic data and Trichet’s comments sent risk aversion flows into overdrive. It took Cable down to my long entry levels, but unfortunately previous major support wasn’t able to push risk aversion back. Read more