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Good evening! My trade was triggered during yesterday’s European trading session and it looked like sellers jumped in by the bunches after the market hit 1.4000. It was pretty much downhill from there for the euro, and with some nice profits and major news coming up, I have decided to
Read MoreGood morning! I’ve been holding on this short USDJPY for while, but I’ve failed to get the break and follow through that I have been hoping for. With the NFP data coming out this week, and the continued uncertainty of the current market/political environment, I have decided to close this trade down for now.
Read MoreI had two ideas on EURUSD short, and it looks like I focused on the wrong one this time as EURUSD didn’t make its way much higher before “dropping like it’s hot!”
Read MoreGood Day Mates! I hope everyone had a wonderful holiday season, but it’s time to get back on the Forex trading grind! After reviewing my trades in 2009, I have decided to refresh my trading rules and share them with you all. Let’s start 2010 fresh by getting back to basics!
Read MoreYikes! Eurozone data came out a bit weaker as expected, but what wasn’t expected was the market reaction and EURUSD dropping it’s entire average daily range on the pair!
Read MoreHappy Jobs Friday to all! Well, I’ve been sitting on this EURUSD range for a whole week and it looks like it took the US jobs data to get it out of its funk! Surprisingly, positive headline numbers and revisions has given my EURUSD position a nice boost!
Read MoreGood morning! It looks like the resistance that has been working for the past couple of weeks couldn’t hold in today’s session on negative US Dollar comments from the FOMC Meeting Minutes.
Read MoreGood evening! I thought I’d end the week by throwing out a trade idea on GBPUSD. The US Dollar rallied on Thursday as a drop in global equities caused a run to the Greenback. Will we see more risk aversion trades into the weekend?
Read MoreGood morning! Not much movements in the markets since I dropped in orders to go long EURUSD, but we did see the pair dip a bit lower to the 38% Fib area and rally up to the
Read MoreGood morning Forex fanatics! It looks like I was a bit too conservative in my entry order as traders didn’t want to wait until the market hit the 50% Fib before dropping some sell orders on USDJPY.
Read MoreIf you can imagine it, you can achieve it. If you can dream it, you can become it.William Ward