Pick of the Day: GBP/USD – Close Trade
What’s up! It’s another great afternoon, especially as GBP/USD falls today on news that the UK Treasury plans on selling a record number of gilts in an attempt to lift the economy out of recession.
Read MoreWhat’s up! It’s another great afternoon, especially as GBP/USD falls today on news that the UK Treasury plans on selling a record number of gilts in an attempt to lift the economy out of recession.
Read MoreGood afternoon! Since my trade idea, USD/JPY has pretty much stayed put. Recent economic reports have brought a bit of action to the markets, but no
Read MoreGood evening! The Greenback sold off against most of the majors at the beginning of trading this week on general risk tolerance growth. This pushed EUR/USD up a couple of handles and
Read MoreGood morning! With the end of the trading week quickly approaching, and a nice little pop in the Greenback, I have decided to close my trade to avoid any event risk.
Read MoreBoo!!! My trade was stopped out during the Asia trading session. It was a bit frustrating as I was in profit at the open of trading this week, but the Greenback is losing ground as the
Read MoreGreetings All! Here’s a quick day trade that I took as EUR/USD rallies in a downtrend on the hourly chart. Take a look!
Read MoreGood morning! The US Dollar resumed its run against the British Pound during the Asia and European trading sessions and Cable hit my second profit target. My position was closed at full profit.
Read MoreGood Morning! Soon after my trade idea, my short position was triggered at 92.00. And after a brief stint in positive territory, USD/JPY has made it’s way higher and has broken the falling trendline and
Read MoreThere wasn’t much of a rectracement after the break as ‘Cable’ only made a high around 1.4565 before continuing the move during the Asia trading session. After a brief spike due to
Read MoreGreetings! I’ve been in this trade for a few days and it’s been an up and down ride as I was down a bit, then Cable dropped my way to 1.41, and now it has shot back up above 1.43. So, Cable really hasn’t gone much of anywhere and
Read MoreIt is not history, facts, or intelligence that guide most investors through the final phases of a bull market; it is hopes and wishes.Richard Russell