Pipcrawler

Our trade went our way throughout the Asia/Euro trading session (hitting our first profit target along the way), but after testing .9900, the pair rallied and closed out our remaining position.

It seems we missed the boat on today’s USD/JPY continued sell off as the pair reached a high around 101.15 before sellers took control in the morning US session.

We saw a broad US Dollar sell off during the morning European trading session, but it was quickly turned around at the start of the US trading session with news of the Fed’s plan to

Our short US Dollar outlook continued to play out through today’s trading and hitting new lows against the Japanese Yen, but it do so without

Barely any action in Cable today as the pair traded in 60 pip range through out the major trading sessions. Our orders to go long at 1.9770 were not triggered and..

Regardless of weak UK economic data, Cable rallied high on a broad based USD sell off and hawkish inflation comments from Bank of England officials. Further, buying support is evident even after

With a slight rise in Initial Claims and a very weak Philly Fed number, USD/JPY fell to the bottom of the range and triggered our long order at 107.60. It’s the end of the Euro/US overlap and

No “Pick” today with US coming out this morning. It is one of the very few major economic reports this week, so volatility may be a little bit more unpredictable after its release. I did want to mention our new…

It looks like buyers were not going to wait for a retracement back to the trendline before jumping in as EUR/USD found a strong bid during the Asian trading session and rallied almost…

The US trading session is almost done, and it looks like our long entry was missed a couple times by 10 pips or less. So, no trade today and we will