Pipcrawler

Got the pullback I was looking for to play my idea that we’d see risk-off flows thanks to geopolitical risk, but there wasn’t much direction or volatility after I was triggered. With the new European session coming up quick, it’s time to close my day trade and look for other opportunities.

While it wasn’t a huge market mover, yesterday’s FOMC meeting minutes showed how the members were comfortable with trimming stimulus this year. This was very USD bullish as the Greenback fell against the majors.

Good evening forex friends! No luck in catching that USD rally on an retracement as USD/CHF powered higher during the Wednesday Asia and European session. Time to close orders with bearish bars forming with a new start to the day.

Action was what I was looking for and that’s what I got…but not in a good way! The strong resistance at 1.5400 wasn’t able to hold for long, giving way to buyers and taking me out of my trade.

It looked like the falling trendline and minor psychological area would hold out, but alas, it was not meant to be as the bulls won out and push the pair above the 1.67 handle and took me out. Grrr!!

Bah! I had internet and equipment trouble just ahead of the UK GDP release, so I wasn’t able to put up my straddle on GBP/USD.

After a couple of weeks, it looks like EUR/USD traders finally made a decision on where to go next as the pair seems to be sustaining above the 1.3200 handle. Not so good for my trade as the market took me out of my short position.

Good afternoon forex friends! I decided that closing out the position at these levels and getting back on the side lines would be the best idea ahead of some top tier events and as the market currently tests major support.

Good afternoon forex friends! School is out, the weather is blazing hot, and grills are firing up for some delicious barbecue action…you know what that means, right? Yup, it’s time to do my Q2 performance review!

Good morning forex friends! It was a pretty quiet week relative to the past weeks, but thankfully it was a positive one for USD/JPY bulls. And with the weekend quickly approaching, it’s time to adjust to avoid weekend risk.