Cyclopip

Shortly after my post, EUR/CHF took a quick dip back below 1.54 and triggered my shorts, but it looks like the efforts by governments to pump up liquidity in the credit markets has

My stopped out at a loss in a frustrating manner as EUR/GBP made a high right at my stop before turning lower and falling below .7900. Doh!!!

What a day! Traders around the globe sold off carry trades as affects of the credit crisis continues to spread across the globe. EUR/JPY made a low around 135.00 before rallying higher on profit taking.

I held my open orders to short EUR/CHF for almost a week now, but with the pair falling on Euro weakness, it looks like I won’t be able to get a more favorable price to

Looks like my trade caught a bit of bad luck as the Federal Reserve unexpected bails out AIG shortly after I posted my trade idea. Risk tolerance grew and carry trades rallied, pushing up

EUR/CHF continued to declined through yesterday’s Asia and European trading sessions, hitting a low around 1.5840 and closing my remaining position at the adjusted second profit target of 1.5850.

The Sterling continued to take a pounding this week as EUR/GBP opened up rallying to .8100 and above. My short trade was triggered and

A bit of uncharacteristic volatility today in EUR/GBP sparked off by hawkish ECB commentary, rising oil prices, and bets the UK economy is in a recession. My trade was

The Swiss France fell against the majors today after a report shows the Swiss money supply grew at a slower pace. My short position was

Looks like UK data came out weak once again, pushing EUR/GBP higher during the European trading session to trigger my short trade at .7900. Unfortunately, there were not enough