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Good afternoon forex friends! It looks like potential support area was tested and held during the European trading session, but with the weekend quickly approaching I’ve decided to close up shop for the week. See how the day played out…
Read MoreGood afternoon! As I expected, we did see a good amount of volatility after a very slow Monday trading session. But it wasn’t only UK data that moved the markets, China and Spanish bond sales played a nice role too. Check it!
Read MoreIt’s Friday the 13th, and while the Eurozone’s luck may have run out with S&P today, it was all good for my short trade EUR/USD. Check out how it all went down!
Read MoreGood evening! Thanks to Fitch and weak German data, it was big moves for EUR/USD today, but unfortunately my entry orders were missed by like two pips! Check it out…
Read MoreGood morning forex friends! With 2011 quickly winding down and trading pretty much a wrap for the year, it’s time to do the most beloved (or hated) of trading tasks: reflecting on your trading performance. I’ll share with you an example of how I reflect in hopes that it will help you do your own. Check it!
Read MoreGood morning forex friends! No luck on my day trade today as we saw strong euro buying and risk-on sentiment at the European session open. It looks like euro bears never stood a chance, and neither did my day trade. Check it!
Read MoreGood afternoon! It looks like Cable’s behavioral tendencies that I mentioned yesterday played out like clockwork. Unfortunately, the market didn’t pop high enough after the UK data to trigger my shorts. Grrrrrr! Check out Cable’s price action today…
Read MoreAs expected, we had a range bound day in EUR/USD, but with economic updates and major news reports, there was enough price action to trigger one of my trade setups and close it out.
Read MoreGood morning forex friends! And it’s definitely a good morning for risk-on players as we saw a surprising string of catalysts, most notably the monster news of a coordinated central bank effort to provide liquidity to European banks. Unfortunately, this was not good for the Greenback…
Read MoreGood evening forex friends! It looks like volatility is slowing down a bit as we head into the holiday season, and EUR/USD is shaping up to be the best market to play a range if it is. Check it out!
Read MoreHard work beats talent when talent doesn’t work hard.Tim Notke