Trade Ideas

Another awesome weekend, another couple days full of sporting events! Could this be an omen that we’re in for an action-packed week for the cross-currency pairs?

Remember that last signal that formed on my HLHB Trend Catcher last week? Well, it closed with a nice 113-pip win! It also allowed my system to remain in the green despite incurring a couple of fakeouts.

Good morning forex friends! This past weekend, it looks like Spain will get a little bit of cash, ok maybe a lot of cash, to shore up it’s banking sector. As expected, this caused a big ol’ gap higher in EUR/USD, but will it last?

Weee! Our AUD/USD descending triangle setup worked like a charm! After breaking above parity though, I think it’s wise not to push my luck. Here’s why I closed my position with a 68-pip win.

Drats! Just when I thought I had another perfect entry, my fortunes changed quickly and Guppy broke the rising trend line!

I see that an ascending triangle has formed on the hourly chart of Cable. This pattern is normally considered bullish, but not all the time. Given the current market environment and the overall long-term trend, I think it’s actually going to break to the downside!

With barely any report coming from major economies, what market themes have been getting the investors’ attention so far this week? I got it right here on my midweek market analysis!

It was another awesome week for me as both my HLHB Trend-Catcher account and live account clocked in gains. It was 50-pips for the HLHB Trend-Catcher and 130 pips for my EUR/USD discretionary trade!

It’s hard to imagine this week living up to last week’s hype, but I took a look at the charts of our favorite crosses (EUR/JPY, GBP/JPY, and EUR/GBP), and I sense a lot of potential!

I caught a bit of luck on my AUD/JPY and both my profit targets were hit! Boomshakalaka! Read on to find out how it all went down!

Good morning! The BOE’S Monetary Policy committee came out as expected with no changes to the interest rate or their asset purchase program. But it was the surprise rate cut from China that kick started the markets into risk-on mode, and me into exiting my trade early.

I’m hoping to extend my winning streak by going long on EUR/USD. Are you with me?

Can you believe that we’re already halfway into the trading week? Let’s list down the market themes that have been dominating price action so far this week!

Finally! I guess this is what they mean when they say patience pays! After two weeks of waiting for some action, EUR/GBP finally popped higher and my profit target was hit!

Guess I was wrong about a new trend forming on EUR/AUD! The pair didn’t stay below 1.2800 for long, and it eventually broke above the 38.2% Fib level. Drats!

Winner, winner, I got me a trip to the jeweler! Well, I didn’t really get myself any bling-bling. I just wanted to make it rhyme. However, I think I could have if I wanted to after a winning week!

The Spurs’ 20-game winning streak and Victoria Azarenka’s run at another Grand Slam title may have come to an end, but the yen’s rally on the charts lives on! Will the yen crosses continue to sink or are they about to bottom out?

Yipee! Even if I’m a little disappointed that my second entry order didn’t get triggered, I’m still giddy over my recent win. Not bad for a day trade, huh?

It seems to be the story of my Q2 performance as the market went my way without the pullback I was looking for. Check out how USD/CHF played out during this week’s risk-off bonanza! Check it!

Well, well, well… What do we have here? It looks like Cable just broke a very significant support level!