Cross-Eyeing: EUR/CHF – Trade Closed
Today’s events was what I was waiting for: the ECB cuts rates from 1.25% to 1.00% and announced purchases of up to EU60 billion in euro-denominated covered bonds. So, an interest rate cut and
Read MoreToday’s events was what I was waiting for: the ECB cuts rates from 1.25% to 1.00% and announced purchases of up to EU60 billion in euro-denominated covered bonds. So, an interest rate cut and
Read MoreWhat a bummer as EUR/GBP continued to rally higher beyond my entry price and hit my stop at .9050. The bummer part was that the pair made a high of around .9080 pips before dropping all the way down below .8900!
Read MoreShortly after I posted my idea, EUR/JPY made a double bottom on an intraday basis and buyers were ready to push the pair higher. My first profit target was hit, but with potentially volatile US data coming up, I have decided to close out my position.
Read MoreGood Evening! I may have been a bit early on my short idea last time, but I think today’s retracement higher in EUR/JPY is giving me another opportunity to short again. Ch-ch-ch-check it!
Read MoreWith risk appetites growing strongly across the board, today’s daily candle closed strongly above 130.00. My focus on Eurozone weakness is being outweighed by a return to
Read MoreIt looks like Eurozone weakness was not able to overcome Japanese economy weakness and the previous resistance failed to hold. I took a hit as EUR/JPY rose to
Read MoreThank goodness it’s Friday! Since the EUR/CHF has not gone anywhere and the end of the trading week is near, I have decided to start my weekend early by closing my trade. There is a meeting of the
Read MoreGood afternoon! My remaining position was closed this morning as EUR/CAD hit my second profit target at 1.5720.
Read MoreMy trade was closed at the end of the US trading session yesterday as EUR/JPY continued to rally and hit my adjusted stop at break even.
Read MoreIt’s been a bumpy ride for my trade as the pair rallied after my original post, only to find resistance around 119.60. Since then, EUR/JPY has fallen back to previous support levels around
Read MoreLearn your flaws and embrace them, because that’s who you are.Larry Hite