April 2010 Monthly Archive

AUDUSD: New Wave in Sight? – Trade Closed

Risk aversion took quite a nice run yesterday, causing the Aussie to fall against the greenback. It turns out that the IMF thinks the Greece needs another €10 billion in bailout funds in order to pull itself out of debt! Read more

Kiwi to Take Flight Soon? – Trade Closed

Zzzzz… Movement on the NZDUSD has been putting me to sleep as it’s been stuck in a tight range. I’ve decided to take a small hit and close early because I think my original trade idea may be invalidated. Read more

Time To Jump On Aussie Bandwagon! – Closed Open Orders

Oh dear! The Aussie didn’t pull back as much as I expected it to and it looks like the price missed my entry by two measly pips. Read more

USDCAD: Waiting to Catch the Break! – Trade Closed

Whee! The USDCAD hit parity finally! After holding on to this trade for almost a week, my second profit target at 1.0000 got hit. Yesterday’s downbeat FOMC statement served as a catalyst for the USDCAD to edge lower and hit a low of 0.9989. Read more