Pipcrawler

Good morning! It looks like a plan from European leaders to contain the debt markets has squashed the massive fear moves, propelling traders to move out of their Dollar and Yen positions. As you may have guess, this was no good for my GBP/USD short…check it!

Good morning fellow forex fanatics! And what a fanatical day it’s been in for forex over the past 24 hours. I tried getting into that super risk off move after the FOMC announcement, but it looks like that train wasn’t waiting for no one. Check it!

Good afternoon! This market is full of surprises lately, and today was no different as rumors of another Swiss National Bank intervention kicked off some nice volatility. All is quiet now, so I decided to close my trade for a small profit. Check it!

It looks like the signals were right on as the pair quickly fell, but unfortunately, the signal and entry is probably the least important part of trading. How you manage the trade after you’re in it is what matters the most, and this time I didn’t do so well. Check out my review and see what lessons we can learn…

Hello forex friends! Here is the review on my USD/JPY short from yesterday. The pair did rally into the US session and the Fib area did hold as resistance, but there wasn’t much action from that point on. Check it!

Well that was fast! As expected, traders took the spike higher as another opportunity to sell off some euros during today’s trade. Check out how it all played out!

Good morning! EUR/USD took a dive without hitting my short orders at 1.4500. With the US GDP data coming up, along with the weekend, I have decided to close my open orders on this trade idea.

I got what I expected from UK data yesterday, unfortunately it wasn’t the market driver I had hoped it would be as traders turned strong US Dollar bearish throughout the European and US trading sessions. Not so good for short Cable trade.

So, how bout them markets? It was a wild one today and on top of the extreme volatility, it wasn’t a good day for me as I let what could have been a great trade turn into a sour one.

Well that was quick! The Swiss National Bank came out with a statement basically saying that the Swiss Franc is “massively overvalued” and won’t take it anymore! Needless to say, that is Swissy bearish in a big way. Check out how my day trade played out!