November 2012 Monthly Archive

Hopping Back on My EUR/USD Short Bias – Trade Closed

Good morning! Well, not so good for my trade as the euro crept up higher during Asia and European sessions. While I feel it was a good trade, I did make one small mistake… Read more

Break and Retest for GBP/USD? – No Trade

Good afternoon traders! Thanks to high-than-expected UK CPI data, and maybe some profit taking, Cable did pull back to the 1.5900 area where sellers jumped right back in. Unfortunately, the retest wasn’t long enough to trigger my orders. Doh! Read more

Technical Long on USD/JPY – Trade Closed

Good morning! Despite weakening Japanese data, the Yen rallied over the past few sessions on risk-off sentiment thanks to weakening global economic data. This was not good for my technical long. Read more

Watching the USD/JPY Trend Higher

Good afternoon forex friends! There’s a technical setup forming on USD/JPY that looks very promising to work out, but with the US elections coming up tomorrow I’ll be in “watching” mode for now. Read more

Broken Support Area on USD/CHF? – Trade Closed

Good afternoon! USD/CHF did make its way back up to the previous area of interest and found resistance, but unfortunately risk aversion turned things around ahead of today’s NFP. Read more