Time to Sell EUR/USD at 1.4500? – Trade Closed
Good morning FX friends! With the weekend quickly approaching and the first look at Q2 US GDP around the corner, I have decided to close out my trade. Let’s see how EUR/USD moved this week.
Read MoreGood morning FX friends! With the weekend quickly approaching and the first look at Q2 US GDP around the corner, I have decided to close out my trade. Let’s see how EUR/USD moved this week.
Read MoreNo trade for me this week as my short orders at the 61% Fib were narrowly missed–by 1 pip! With the market already dropping 100+ pips and the week coming to close, it’s time to shut down and review.
Read Moret was a quick and very eventful trade for me as UK employment surprised and Fed Chairman Ben Bernanke’s testimony to Congress rocked the markets.
Read MoreGood morning! There has been pretty good movement in Cable since I opened my trade yesterday, but it looks like I could only pull a very small winner on today’s volatility. Check out my step-by-step moves.
Read MoreAs expected, Canadian CPI took USD/CAD down to my entry levels, but unfortunately it took the market way beyond that as well! My trade was quickly invalidated as traders went loony for the Loonie on renewed speculation of rate hikes in Canada…doh!
Read MoreNice price action in Cable during the Wednesday session and the good news is that it looks like my gut was somewhat right on how the market played out. The bad news is that I may have been TOO conservative on my entry…doh!
Read MoreUSD/JPY failed to make any moves lower during Thursday’s session, so it’s no trade for me as I closed my orders and the end of US trading.
Read MoreWell, that was quick! We did see volatility in EUR/JPY during the afternoon Asia session, enough to push the pair higher, but not enough to trigger my short orders before dropping…doh! Since the pair didn’t play out exactly as I hoped, I closed my open orders.
Read MoreI decided to close out my short USD/CAD trade before we head into a slew of major economic events. With global data and market reactions trending towards “negativeville,” I feel like if I held on to a Dollar short position I’ll get burned. Check it out!
Read MoreGood evening forex friends! Here is my trade review of my short Cable trade after closing my position down ahead of the Friday Non-Farm Payrolls report. Check out how my trade worked out!
Read MoreIf you don’t know the odds, you can’t make an intelligent bet.Larry Hite