Trading Insights

Unfortunately I took a small hit today, but it’s no reason to get down when you still have a whole week of trading left! See how it all went down in today’s Cowabunga Surf Report.

Not all things end happily ever after. What started out as a great trade took a turn for the worst when price action reversed on me. While my first and second positions won, the third position lost.

Whether you’re a long-term trader, a breakout trader, or a trend trader, I’ve got something for you on my Daily Chart Art. Check these dope setups out!

What a week, eh? Fed Reserve Chairman Ben Bernanke finally confirmed market speculations about the Fed dialing its asset purchases. With that said, I’ve formulated this game plan for the upcoming week!

It’s the last trading week of the month fellas, so we can’t get complacent and lazy! Get off your butts and start working on those pre-market routines!

Are you looking to trade the dollar? If you are, you’re in luck! For today’s Chart Art, I’ve featured amazing setups on three USD pairs!

When you are trading forex, how valuable is it for you to be right? Out of ten trades, if you were right eight times, would that make you happy? How about only half the time, is that still okay? How about twice? What’s your limit?

I wasn’t expecting positive euro data this week, but that’s what we got when the German Ifo Business Climate data printed a better-than-expected number earlier today. This was great for the euro, so I decided to close out my position manually.

With all the wild moves that we saw on dollar pairs yesterday, some pretty slick setups have materialized! Check ’em out, homies!

Just when I thought AUD/JPY could keep its head above the 100.00 major psychological support, Australia prints weaker than expected data and pushes this pair below the trend line. Here’s the damage on my account.

Just when I thought I was gonna head home with a win, a sudden turn of momentum wiped out my GBP/JPY trade. Here’s the 411 on what happened to my trade.

I hope you like going with the trend, homies, because I got fantastic trend plays on USD/JPY, EUR/GBP, and AUD/JPY lined up for ya!

This week’s featured trade is using a possible break in USD/CAD’s rising trend line on the lower time frames. Check out his setup!

A lot of signals materialized last week. That means only one thing… A lot of fakeouts! I’m thankful that the HLHB Trend-Catcher 3.0 was able to minimize losses and only end up with a 17 pip loss.

There goes the trend line on EUR/GBP! But no harm was done – I was able to exit relatively unscathed.

Hold on to your seats, boys and girls! We’re featuring some crazy setups on the dollar pairs today!

Unfortunately with a trend change happening right in the middle of our session we didn’t get any signals today. See how it all went down in today’s Cowabunga Surf Report.

The results are in! Take a look at how ilzalma’s Trend Runner system, the winner for April’s Best Forex Trading System contest, fared under my testing framework for mechanical systems.

Who’s up for a comdoll special? It’s all about retracements and ranges on today’s canvas as I bring to you these potential plays on AUD/USD, USD/CAD, and NZD/USD!

It was an amazing week to buy the dollar. The Greenback dominated last week’s trading on the heels of positive data from the U.S., further fueling speculations that the Fed would soon start to taper off its asset purchases.