Weekly Watch: November 26 to 30, 2012
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!
Read MoreWe’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!
Read MoreLearning 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.
Read MoreHere we go again… I missed another would-be winner! Drats! What a time for the euro zone to come up with good news!
Read MoreI 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!
Read MoreAre 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.
Read MoreNot 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??
Read MoreTalk 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!
Read MoreNow 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!
Read MoreI 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.
Read MoreAfter 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?
Read MoreGood afternoon traders! Thanks to high-than-expected UK CPI data, and maybe some profit taking, Cable did pull back to the 1.5900 area where sellers jumped right back in. Unfortunately, the retest wasn’t long enough to trigger my orders. Doh!
Read MoreWhat’s been moving the markets these days? And how are the comdolls faring? You’ll find the answers to these questions and more in my midweek market review!
Read MoreThe HLHB Trend-Catcher’s performance last week was mixed. While the signals it caught were mostly fake outs, the trade that was left open the week prior closed out with a huge gain!
Read MoreNew week, clean slate! I’ve got my charts on EUR/JPY, GBP/JPY, and EUR/GBP all set so I don’t miss another big winner!
Read MoreGood morning! Despite weakening Japanese data, the Yen rallied over the past few sessions on risk-off sentiment thanks to weakening global economic data. This was not good for my technical long.
Read MoreI think I’m having a déjà vu! I spotted a setup on EUR/USD similar to the one I took last week. The question is, will it have the same outcome?
Read MoreFor the second week in a row, I let a big winner slip through my fingers. Dang! Can’t a monster catch a break???
Read MoreCan you believe we’re in the middle of the week already? Let’s look at the market themes dominating price action this week and see if they can help us find good trade ideas!
Read MoreDrats! I set my entry too high and missed the 70-pip treat that EUR/GBP gave out to euro sellers. Total bummer, man!
Read MoreGood afternoon forex friends! There’s a technical setup forming on USD/JPY that looks very promising to work out, but with the US elections coming up tomorrow I’ll be in “watching” mode for now.
Read MoreThe successful man will profit from his mistakes and try again in a different way.Dale Carnegie