Trade Ideas

My last trade on GBP/USD didn’t work out so well but I’m not going to let it stop me from taking another shot in trading the pair. Let me tell you why!

Only a couple of days left before NFP Friday! If you’re planning on trading before then, these market themes might help you get a feel of what’s been going on in the forex scene this week.

Just my luck… After barely missing my entry on four would-be winners, I finally decide to jump in at market and it ends up biting me in the bum!

I’m happy to report that my HLHB Trend-Catcher system finished last week’s trading with a triple-digit win. Sadly though, I can’t say I’m happy about how my GBP/USD trade fared.

First week of December, folks! Make sure y’all start the last month of the year on a solid note by hookin’ up your charts with these hot levels on EUR/JPY, GBP/JPY, and EUR/GBP!

Good morning! Well, not so good for my trade as the euro crept up higher during Asia and European sessions. While I feel it was a good trade, I did make one small mistake…

Got any trades this week? Or are you still looking for one just like I am? Make sure you take a peek at my midweek market analysis to see which themes are moving the markets these days!

So much for getting bargains! Thanks to risk appetite and strong Canadian data, USD/CAD broke below the channel that we spotted last week. Here’s what happened to my trade.

Bulls, you better ready your guns because there’s a nice bullish flag on the Cable’s 4-hour chart!

If I were to describe last week in one word, it would be AWESOME. Not only did my HLHB Trend-Catcher finally get a break, my discretionary trade closed out with a huge win too!

We’ve got lots of clear support and resistance areas on our favorite crosses this week. Without further ado, I give you this week’s charts on EUR/JPY, GBP/JPY, and EUR/GBP!

Learning what makes a pair less desirable to trade is a skill that every trader must know and with that in mind here’s a video I recorded today on that very topic.

Here we go again… I missed another would-be winner! Drats! What a time for the euro zone to come up with good news!

I haven’t gotten in on any action in the forex market for the past few weeks. But finally, I think I’ve found the setup I’m willing to take a risk in. I’m ready!

Are you ready to sneak in a few pips before the Thanksgiving holidays? I know I am! Here are the major economic themes so far this week.

Not again!!! I missed another big winner, this time a potential 4:1 trade! That’s three in a row now – can’t a monster catch a break??

Talk about having a bad week! The Trend-Catcher missed a couple of coulda-been-winners. Argh! To make matters worse, it finished last week’s trading in the red!

Now that the weekend is over, it’s time to put away the remote and get back to work! Once again, here’s my weekly post on the hot levels to mark out on EUR/JPY, GBP/JPY, and EUR/GBP!

I don’t know about you, but I think EUR/USD is severely oversold on the longer time frame and it’s about to pullback soon. That being said, I’m thinking of buying the pair once price gets to the level that I want.

After AUD/USD hit the 1.0450 resistance level, the pair dropped like a rock yesterday! What caused this drop and how did it affect my long trade?