Pick of the Day: USDCHF – Close Open Orders
Yo Yo! Man, it looks like my trade never materialized as USDCHF barely missed the 1.0950 level before dropping down to 1.0800 and beyond. Doh! It’s the end of the week and
Read MoreYo Yo! Man, it looks like my trade never materialized as USDCHF barely missed the 1.0950 level before dropping down to 1.0800 and beyond. Doh! It’s the end of the week and
Read MoreGood evening! It looks like I couldn’t get into any positions this week as USDJPY did rise towards 97.00, but not enough as the pair did not trigger. With a possibly wild economic day coming up, I have decided to avoid event risk and close my trades orders out.
Read MoreGood morning! It looks like I am short some EURUSD as the pair moved up yesterday to my entry point at 1.4000. It looks like sellers were waiting to jump in at
Read MoreAnd yet another cruel day in the Forex markets…haha! Since I posted my trade idea, USDJPY did fall enough to trigger my long trade at 97.75. Unfortunately, today the pair went
Read MoreGood evening! It looks like USDJPY did not go my way as the pair broke out to the upside. I have decided to close my entry orders, especially as we head into US jobs data.
Read MoreGood morning! Last night, a report from Japan shows demand grew for overseas assets among Japanese investors, adding to the growing sentiment that the recession is abating. This sparked a
Read MoreGood morning! My short trade idea in USD/JPY was triggered at 96.50, where it had quickly found resistance and sellers to push the pair down as low as 95.50. With the FOMC meeting minutes coming up this afternoon, I have decided to
Read MoreGood morning! I was able to catch some pips yesterday for a small gain as Cable rallied higher to hit my entry orders at 1.5180. Luckily, the pair dropped far enough to hit my first profit target, where I
Read MoreGood afternoon! After waiting a few days of waiting, my short position was triggered as EUR/USD rallied after today’s US employment data. Unfortunately, 1.35 did not hold for very long as
Read MoreGood afternoon! It’s the end of the trading week, so it’s time to close up shop to avoid any weekend risk. EUR/USD failed to move anywhere after I entered short a couple of days ago as
Read MoreGreat works are performed not by strength but by perseverance.Samuel Johnson