Happy Pip

AUD/USD retraced a bit higher and fell, but not enough to reach the 50% Fibonacci level where I had my orders ready to go. Since we are at the end of the trading week, I have decided to

Good morning! My remaining position was closed last week as we saw a burst of risk buyers pushing NZD/USD up to my adjusted stop at .5735.

A return to risk was the name of the game today as risk takers jumped back into higher yielding currencies, like AUD/USD on a continue drop in bank borrowing costs and rally in commodities.

Hello! My trade was triggered last night shortly after my post, and it looks like the trendline held as sellers jumped in and pushed the Aussie down over 100 pips

No trade today as AUD/USD did not make another attempt to to go lower, instead finding buyers above .6000. Risk appetite grew across the board during today’s trading session as

My short position closed yesterday as the Aussie rallied at the end of the US trading session and hit my adjusted stop at .6730.

Since my post, NZD/USD made a high around .6350, then dropped and remains in a range between .6050 – .6200. It does not look like we’ll get much action from this pair right now as

My trade was triggered long yesterday at 1.1100 as the pair broke above upward resistance, and everything was looking great until this pesky little “coordinated global rate cut” happened. I was

Yesterday was a wacky day in the markets with normal correlations thrown out the window as equities and commodities rallied, but the US Dollar rallied as well against most of the other majors, too.

The US just released economic data this morning with much weaker than expected results in jobless claims and durable goods orders. This poses to be US Dollar negative and now with reports that