August 2012 Monthly Archive

Hidden Divergence on USD/CHF – Trade Closed

Good morning! Price action was a snoozer this week, but it did go my way just enough to get me into my long USD/CHF position and into profit. Unfortunately, today’s mixed US data changed that pretty quickly. Read more

Technical Play on the USD/JPY Range – Trade Closed

Good morning! USD/JPY played out in my favor as the pair retested the previous resistance areas and held. With technicals signaling short term minor support–and the BOJ decision coming soon–I decided to close out my trade. Read more

Jumping On the USD/CHF Uptrend – Trade Closed

Good evening forex fans! After sitting on my position for a few days, it looks like it worked out well thanks to the two most powerful figures in the markets holding back from taking action this week. Read more