Playing the Soft Bounce on the Kiwi – Closed Open Order
Oh great… The Kiwi didn’t retrace back to the 0.7000 handle so I missed out on my trade!
Read MoreOh great… The Kiwi didn’t retrace back to the 0.7000 handle so I missed out on my trade!
Read MoreI got seriously burned on this one as the Loonie managed to bust out of its range late into the European trading session session. 😐
Read MoreDon’t you just hate it when your trade idea was right but you just couldn’t get triggered?
Read MoreWhat a break! The Australian employment report came out better than expected, causing the Aussie bulls to come out in force!
Read MoreNo thanks to risk appetite, resistance at former highs held, putting a cap on any serious dollar gains. Needless to say, price eventually dropped and stopped out my second position out at break-even.
Read MoreWhee! My second profit target at 0.8600 got hit last Friday after the US released their employment report.
Read MoreUnfortunately, my NZDUSD trade didn’t get triggered yesterday as price was unable to make it past the psychological 0.7400 handle. Right now, the pair is more than 200 pips away from my entry point, which means that it probably wouldn’t get triggered anytime soon.
Read MoreYikes! As risk aversion returned to the markets, the AUDUSD dipped back to the 0.9200 area, causing my adjusted stop on my second position to get hit.
Read MoreOuch! No thanks to the stellar Australian retail sales result that was just released and yesterday’s Fed’s meeting minutes, I’ll start 2010 with a small hit on my account.
Read MoreGood Morning! I hope everyone had a great holiday weekend! It didn’t look too great for the Greenback as it lost some ground to the Aussie on a return of focus to global recovery.
Read MoreAccepting losses is the most important single investment device to insure safety of capital.Gerald M. Loeb