Pick of the Day: USD/JPY – Trade Closed
Well, the fundamentals was on the Fed was right and expectations of US rate hikes got kicked out of the door, but the markets decided to continue to push the Greenback higher, mostly on
Read MoreWell, the fundamentals was on the Fed was right and expectations of US rate hikes got kicked out of the door, but the markets decided to continue to push the Greenback higher, mostly on
Read MoreA little bit of volatility at the open of trading this week momentarily popped up USD/JPY above 108.00 and took us out at our stop.
Read MoreLooks like our adjusted stop was triggered as volatility in EUR/USD seemed to increase throughout the US session, moving the pair back and forth between 1.58 and 1.59 today.
Read MoreClosing open orders as USD/JPY only made a high of around 106.80 today before dropping all the way back down to current levels – just above 106.00. We missed the move on this pair and
Read MoreGood morning! For a while now, we’ve been watching USD/JPY price action consolidate, but with the renewed last week, we may have finally seen a breakout
Read MoreEUR/USD retraced a bit higher as hoped, but missed our short entry orders as sellers stopped the rally around 1.5740 and pushed the pair lower.
Read MoreEUR/USD rose and then fell below 1.58 throughout the morning European trading session, but with private US employment data coming out worse than expected, reporting a loss of
Read MoreNot much for today’s trade idea other than to continue to play the rising EUR/USD trend as traders continue to take bets off that the Fed will hike rates soon.
Read MoreIt looks like my trade idea was good, but I made a mistake in execution with incorrect stop placement as USD/JPY barely touched 108.20 and
Read MoreOur trade was closed today as the US Dollar sold off as traders feel we may see the Fed hike rates later than first thought.
Read MoreChange your thoughts, change your life.James Allen