Trade Ideas

Good morning! USD/JPY played out in my favor as the pair retested the previous resistance areas and held. With technicals signaling short term minor support–and the BOJ decision coming soon–I decided to close out my trade.

Can you believe that we’re already in the middle of the week?! Let’s take a look at the major themes that have been driving the currencies so far this week.

AUD/JPY broke out late last week, but unfortunately, it turned out to be a fake out! Doh!

Awesome, awesome week for the HLHB Trend-Catcher! Thanks to the trending EUR/USD, the system was able to bag a net total of 297 pips! Want to know the trades it took? Check out my HLHB Weekly Update!

How about a shoutout to Michael Phelps, Usain Bolt, and Andy Murray! Hopefully, with the help of this edition of the Weekly Watch, we’ll all be winners in the forex market this week as well!

After NFP, is risk appetite done? Some near-term follow-through is expected, but with both the dollar and the Dow in sideways choppy market trends, how long ’til the pessimism and selling pressure come back in?

I guess I can’t say thanks to Draghi for the second time in a row! As good as this trade idea looked, USD/CAD didn’t reach my orders at all. But look at how close price action was! Here’s what I’m planning to do now.

Good evening forex fans! After sitting on my position for a few days, it looks like it worked out well thanks to the two most powerful figures in the markets holding back from taking action this week.

I’ve been wrong a lot lately, so this time I’m gonna play it safe. I plan on buying GBP/USD but not until I see signs of confirmation!

How are the comdolls faring this week and which market themes are dominating price action? Take a look at my midweek market analysis to find out!

So much for Lady Luck! EUR/AUD began to range over the latter part of last week, and unfortunately, I finally got stopped out on Friday. All those pips down the drain! Darn it!

My HLHB Trend-Catcher System’s performance last week was as action-packed as the Olympics! Although there were no big trends on EUR/USD, it still closed with a 150-pip gain!

It’s an exciting time for sports fans all over the world as the London 2012 Olympics are well underway! And it seems that the forex markets are joining in on the hype as well – they’ve been really active as of late!

I am looking at three pairs as I expect some risk to come off the table, despite Friday’s risk on. It’s a number of pullbacks and wicks that I’m thinking could be interesting.

Woohoo! Just when we thought that the “relief rally” has run out, ECB’s Draghi fueled the Aussie bulls’ fire! Here’s what happened to my AUD/USD swing trade.

Good morning, traders! Time to take a snapshot of the market and determine the top headlines that are dominating price action so far this week! Check out my top three economic themes for this week.

I love retracement trades! I feel that they are just so safe, as I already know the overall trend. I also get to use Fibonacci retracement levels, which is my favorite trading tool. Check out my short EUR/USD trade idea!

Good morning forex friends! I stepped away from the markets for a quick break, and during that time is looks like my EUR/USD short worked out thanks to technical resistance and last weekend’s Spanish bank bailout plan.

So this week, I’m hoping to replicate Ernie Els’ consistent performance and grab a winner or two, not in golf, but in forex! Hopefully, these charts will help me out:

How was my trading last week? Well, let’s just say I’ve had better. While the HLHB Trend-Catcher ended with a net win, both my GBP/USD and USD/CHF trades closed as losers. Boo!