Trading Insights

What’s up forex homies? I decided to mix things up a bit and throw in a comdoll, a yen pair, and a cross pair for today’s chart art. Go ahead and check ’em out!

Sure, having a mechanical system can eliminate some of the emotions involved in trading, but the difficulties lie in trusting the indicators and sticking to your set of rules no matter what. Picking the type of mechanical system that’s best suited to your own personality could make it easier.

It looks like a new low wasn’t meant to be! EUR/CAD has moved up higher, which pretty much invalidates my trade idea.

NOOOOO! Why, oh why, did I get burned from my HLHB mechanical system this week? To think I was feeling giddy when I saw that upward EMA crossover while the stochastic was still climbing!

TGIF! It’s the last trading day of the week, so better make it good. Check out my daily chart art to find out the latest technical developments in the forex market!

Unfortunately we weren’t able to get any pips today as the Cowabunga system did not produce any signals. See how it all went down in today’s Cowabunga Surf Report.

Yipee! NZD/USD finally dropped and hit my profit target at .7420 yesterday. Thanks to good ole risk aversion, I was able to lock in a juicy 200-pip profit on this trade!

It’s that time of the year again when traders pack up, go to their favorite vacation houses, and sip 1,000-calorie eggnogs with their loved ones. But if you’re a true market junkie like me who can simultaneously ski and trade with your eyes closed, then here’s the 411 on holiday liquidity in markets!

Here’s my daily Forex AM program where I discuss my daily trading outlook as well as some helpful lessons about the way I analyze the markets and set up my trades.

Have you been riding all the big waves the dollar has been doing? If you’re haven’t, don’t worry… Big Pippin’s got your back! Let’s check out what the charts have to offer today!

It was a better day in the markets as I was able to grab 15 pips today. See how it all went down in today’s Cowabunga Surf Report.

A lot of patterns seem to be emerging from the charts today. Be sure to check them out because they’re looking pretty dope!

I discussed this point – the importance of using the daily chart’s “directional bias” – in my prior Chartology post but I wanted to share the real-world application in term of the price action we’ve seen the last two trading sessions.

Today was another topsy turvey day in the Cable but the Cowabunga system managed to keep us afloat. See how it all went down in today’s Cowabunga Surf Report.

Thank goodness I risked a smaller position size on this trade because it hit my stop. Oh well, I guess I could say I still haven’t gotten the hang of trading cross pairs just yet. Maybe I need to ask Cyclopip for help!

Dang it! Once again, my trade didn’t get triggered and price hit my desired profit target!

For those of you who love them European currencies, I’ve got some sweet looking setups on the 4-hour charts of EUR/USD, GBP/USD, and EUR/GBP for y’all today!

R.I.P. liquidity! While I did enter at a top, it seems like Cable has very little room to fall. What does this mean for my trade? You got it, I have to close early. Besides, there seems to a be a rising channel forming too.

Still have that weekend hangover from too much sake? Well, have no fear, Big Pippin is here and I’ve got the best cure for y’all! Make sure you drink two glasses of water when you have a dose of my yen special!

As a trader, you must accept that anything can happen in the markets. Without this very essential realization, you will NEVER EVER become consistently profitable.