Trading Insights

Sure, keeping score of your stats is awesome. But numbers are just gonna be numbers; they don’t really tell the whole story. If you’ve already caught yourself thinking that you’re doing “something” wrong over and over again but you don’t know what it is, maybe it’s time you start a psychological journal too!

I may not be Britanni Kline, America’s Next Top Model Cycle 16 winner, but I feel like I’m on top of the world with my win on EUR/USD! Although my HLHB system didn’t do so well this week, I still think I’m ending May on a good note!

Good evening! It was fast and furious price action during Thursday’s US trading session as the markets flipped around on weak US data. My trade was triggered, and after a few quick decisions to adjust to price action, my trade was closed. Check out my review after the jump!

Last Friday of the month to make some pips ladies and gents! Before you hit the club and groove to the beats of Far East Movement, make sure you check out my chart art!

It was pretty much a breakeven day as I lost one and won one. See how it all went down in this topsy turvy day in today’s Cowabunga Surf Report.

Waaah! I got faked out on AUD/USD’s descending triangle! I’m so sad I want to eat a whole gallon of ice cream. 🙁 Here’s how I should’ve played the trade idea instead.

Because I lost a game of pop-a-shot to Cyclopip, I must now honor him by having a cross-pair special! On the charts today, sweet setups on EUR/JPY, AUD/JPY, and CAD/JPY!

The resistance along the 0.8000 level will present a particular challenge to NZD/USD bulls however a break through a “00” can attract more buying momentum and that’s partially what will be needed. What else?

It starts with the lack of acceleration through the “00”. Breaks through major psychological level – of which the “00” is the most significant – can often lead to momentum as prices find footing at the “00”. When this doesn’t happen, I have to stop and wonder why…

Well after a wipeout yesterday I was able to grab most of the pips back today with a nice solid win. See how it all went down in today’s Cowabunga Surf Report.

It’s the middle of the week, fellas! No better time to look back on the past few days and discuss what’s to come in the next few, right? Let’s make some battle plans, fellas!

I hope y’all are hungry for some pips, ’cause we’ve got a healthy mix of setups on the menu today! A major pair, a comdoll, and a cross-currency pair comin’ right up!

Yikes! Unfortunately we took a spill today but it’s just a part of the game. Good money management will keep your head above water so that you can keep scoping out the next big wave! See how it all went down in today’s Cowabunga Surf Report.

Ugh! With all these downgrades, talks of a debt contagion, and protests against austerity measures, how am I supposed to show the euro some love? That’s it! I’m rooting for the dollar.

Looks like I tried picking a top a little bit too early! As it turns out, that 117.00 handle would have been the perfect spot to short EUR/JPY!

Since Forex Gump gave us , I decided to feature it in today’s Daily Chart Art! Check out the franc setups on USD/CHF, EUR/CHF, and GBP/CHF!

It was a good start to the week as I was able to grab a cool 18 pips. See how it all went down in today’s Cowabunga Surf Report.

Lovely Monday morning, friends! For my best comdoll pair this week, I spotted a setup that could’ve given me as much as 500 pips! It’s not an easy setup to spot though. Did anyone else see this one?

After a couple of missed trades, I finally caught a break on Friday as European debt issues returned to the spot light and pushed the euro down before trading closed for the weekend. With the pair now testing strong support, I’ve decided to close my trade out.

Let’s start this week off with a bang with these setups on your favorite majors! GBP/USD, USD/JPY, and EUR/USD, comin’ right at you!