April 2013 Monthly Archive

Short EUR/USD on Psychological Level Break? – Trade Closed

No matter how much weak euro zone data was thrown at it, euro bulls held strong and 1.3000 never really broke! Given the odd strength of the euro, I decided to reduce my risk and close it all down. Read more

Swing Short on GBP/JPY? – Trade Closed

Don’t you hate it when you’re both right and wrong about a trade? That was essentially the case as my directional bias and UK data expectations were negated by a misadjusted stop and a lot of volatility. Read more

Support Break on USD/CHF? – Trade Closed

Good morning forex friends! There wasn’t much of a break last week for USD/CHF as the pair hung around the .9300 area, despite more weak data from the US. With the start of a new week, and some really bad Chinese GDP data to kick it off, I closed my trade and moved on. Read more

Reflecting on My Q1 2013 Performance

Good afternoon forex friends! My, oh my how time flies as we head into April, which means Q1 2013 is now in the books. As always, it’s that time again where I take a moment to look back at how I did from January through March. Read more

Falling Trendline on EUR/USD – Trade Review

Once again, Draghi threw in a few comments that surprised market players, and when coupled with massive moves thanks to the BOJ, it was quite an active few sessions for currencies. Here’s a review of how I played EUR/USD through it all last week. Read more