February 2009 Monthly Archive

AUD/USD - Trade Closed

Good morning! Looks like the choppy markets got me today as my trade was stopped out at .6550. There was no follow through on the downside as buyers and sellers battled it out in between for… More…

USD/CAD - Close Trade

It looks like risk sentiment is over powering technical analysis as concerns of the revised stimulus plan will fail is being priced into the markets. Traders are moving money back into … More…

AUD/USD - Trade Closed

My trade closed shortly after I posted my update as the US Dollar sold off across the majors on weak ADP data and ISM Services data. AUD/USD rallied and hit my adjusted stop at .6490. … More…

"Thought is action in rehearsal."
Sigmund Freud
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