May 2013 Monthly Archive

Taking Another Swing at EUR/USD – Trade Closed

I wasn’t expecting positive euro data this week, but that’s what we got when the German Ifo Business Climate data printed a better-than-expected number earlier today. This was great for the euro, so I decided to close out my position manually. Read more

A Simple Fib Setup on EUR/USD – No Trade

No luck on this go around as the pair didn’t retrace quite enough to trigger my first set of orders at the 38% Fibonacci area. With EUR/USD now testing the 1.2900, I’ve decided to close it down and look for a new opportunity this week. Read more

Shorting the Swing Lower in EUR/CAD – Trade Closed

Good morning forex friends! Well, it looks like once again I had a good idea that went my way, but going for big pips kept me from closing with some sure pips on EUR/CAD. Here’s how it all played out. Read more