Trade Ideas

It looks like it was a one-way road for Cable as the pair continued its decent to 1.55 without the pullback I was hoping for to add to my position. With a major area of interest being tested and the G20 summit weekend coming quick, it’s time to call this swing trade quits.

These last two weeks my open trades list has been active. It’s easy to get caught up in simply managing the positions and not think about making sure that when I eventually scale out of these trades I will have others to enter and manage. That’s why it is so important to have an active RADAR.

What market themes have dominated the markets this week and which events have the potential to dictate price action over the next couple of days?

Well, that didn’t last long! With the GBP taking a hit to the mid-section during the London session, EUR/GBP soared higher and hit my stop loss! Find out more after the jump!

Shake off those weekend cobwebs and check out these hot charts on EUR/JPY, GBP/JPY, and EUR/GBP!

I know, I know. I’m off to a bad start in 2013. I still haven’t scored a winning trade YET, but that doesn’t mean I’m giving up! Here’s what I plan to do this coming week.

It seems that I jumped in the trend too late on this one as the ascending trend line that I was watching broke quickly after my trade had triggered.

Good evening! It looks like going with technicals for the Friday session didn’t pan out as Cable rallied higher on a sentiment shift of flows from the eurozone to the UK.

So much for a retracement! Thanks to yesterday’s risk aversion, AUD/USD went on its merry way south and failed to trigger my entry orders. Here’s what happened exactly.

With the ECB rate statement just around the corner, I think it’s time to make some adjustments to my EUR/CHF position.

Cable sellers weren’t messing around during Tuesday’s session as they pushed the pair lower without hesitation during the US session. It looks like my entry level is out of reach ahead of the BOE event with all this GBP bearishness, so I’m closing my open orders.

And it makes a comeback! Nope, I’m not talking about the Destiny’s Child performance at the Super Bowl. Beyonce was drop-dead amazing though! But anyway, that’s besides the point. My HLHB Trend-Catcher was finally able to finish a week in the green!

Got any comdoll trades this week? Take a look at the factors that have been driving AUD, CAD, and NZD price action so far!

I gave myself a much-needed weekend break to shake off the bad vibes from last week’s trading. Now I’m ready to take the forex market head on! Here’s what I plan to do in the coming trading days.

I ain’t gonna keep you guys waiting any longer… Here are this week’s charts on EUR/JPY, GBP/JPY, and EUR/GBP!

It looks like no luck during Thursday’s session for me to get a pullback on USD/CHF. With US NFP coming up quick in a few hours, it’s time to close down my orders to avoid event risk.

Woohoo! I locked in my profits for this NZD/USD short-term trade when the pair started to stall around the .8400 mark. Read on to find out why I decided to close my trade.

I am definitely not happy with how my Trend-Catcher system did last week. Lots and lots of signals materialized but none of them really helped the system finish in the green. Read on to find out all about it.

Why oh, why! Just when I thought that I would be able to add some moolah to my account, my trade on GBP/USD finishes in the red. Ugh!

I wanted to share my outlook on my current positions as well as what I am looking to add as the FOMC and RBNZ events approach. This is where I get ready for more volatility and deeper corrections of trends and price movement ranges on the higher levels of the hourly range.