November 2011 Monthly Archive

Will USD/JPY Continue Higher? – Trade Closed

Good morning forex friends! And it’s definitely a good morning for risk-on players as we saw a surprising string of catalysts, most notably the monster news of a coordinated central bank effort to provide liquidity to European banks. Unfortunately, this was not good for the Greenback… Read more

Holiday Range on EUR/USD to Hold? – No Trade

Good evening forex friends! It looks like volatility is slowing down a bit as we head into the holiday season, and EUR/USD is shaping up to be the best market to play a range if it is. Check it out! Read more

Is the Range Broken on Cable? – No Trade

Good afternoon! It looks like my trade idea for this week is a “no-go” as European fears and weak BOE rhetoric continued to push capital into the Greenback without a hiccup. Check out how it all played out in Cable this week. Read more

Day Trade Short on Cable – No Trade

Good afternoon forex friends! I left my open orders to short Cable on past Wednesday’s trading session as I thought the setup was still valid, but maybe a little early. Today, Cable pulled back as hoped, but it looks like Dollar bulls are way too strong… Read more

A Euro Trade Ahead of Draghi’s First Rate Decision – No Trade

Good afternoon! It looks like the price action played out pretty much as I had hoped as the pair did have a chance to retest my area of potential resistance. Check it my trade review for more. Read more

EUR/USD Heading Lower. Will It Continue Today? – No Trade

Good morning! It looks like the Greek referendum was a game changer for the day as sellers jumped on the euro like gangbusters! Was I able to jump into the extended downtrend? Read more