July 2008 Monthly Archive

Comdollapalooza!

Greetings Forex Fanatics! Here are a few chart patterns happening on the longer time frames that may be take worth looking at. … More…

AUD/USD - Trade Closed

It looks like the major trendline on our chart has broken as USD momentum continues today on the back of declining commodity prices and a positive ADP report out of the US.… More…

USD/CAD - Close Open Orders

Well, we've waited for a while, but no luck on our conservative entry point as the pair has already hit parity and bounced back higher. Market sentiment has probably changed for the short term as… More…

AUD/USD - Trade Closed

Aww shucks!! AUD/USD broke to new highs once again on a broad US Dollar sell off as traders speculate Fed Chairman Bernanke will testify that credit-market losses are hurting economic growth.… More…

USD/CAD - Close Open Orders

It looks like we weren't able to get much of a retracement off of downward momentum as USD/CAD found sellers around 1.0135 and fell lower from there. … More…

AUD/USD - Close Open Orders

With the US Employment data and the holiday weekend approaching in the US, I have decided to close my open orders in AUD/USD....… More…

"Most things which are urgent are not important, and most things which are important are not urgent."
Dwight Eisenhower
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