Weekly Watch: August 20 to 24, 2012
Will the yen pairs continue to rise? Check out my Weekly Watch for all the hot levels to keep an eye on for EUR/JPY, GBP/JPY, and EUR/GBP!
Read MoreWill the yen pairs continue to rise? Check out my Weekly Watch for all the hot levels to keep an eye on for EUR/JPY, GBP/JPY, and EUR/GBP!
Read MorePhew! That was a nail-biter, that one! Although it seemed that the odds were against my trade, I managed to escape with only a scratch!
Read MoreGood morning! Price action was a snoozer this week, but it did go my way just enough to get me into my long USD/CHF position and into profit. Unfortunately, today’s mixed US data changed that pretty quickly.
Read MoreThanks to some unexpectedly positive data, Guppy found solid support yesterday and advanced up the charts. Unfortunately, GBP/JPY didn’t dip enough to trigger me at 123.00 and I missed the move. So much for catching a retracement!
Read MoreAlthough my swing trade on EUR/USD didn’t turn out as well as I hoped it would, that’s not keeping me from considering another swing trade. This time though, I’m looking at GBP/USD.
Read MoreQuite a crazy week, eh? Before taking any comdoll trades, I’d like to take quick look at the movers and shakers for the past few days.
Read MoreCompared to the past few weeks, last week wasn’t all that bad. I might even say that it was good!
Read MoreMonday morning means it’s time to take a look at this week’s critical levels on EUR/JPY, GBP/JPY, and EUR/GBP! Check out my charts, fellas!
Read MoreBoo hoo! So much for a day trade! Despite an upbeat RBA statement and upgraded Australian growth forecasts, AUD/USD gave in to risk aversion yesterday and gave my account a huge dent. How could I have played this better?
Read MoreWhile all the technical signals lined up nicely, fundamentals had other plans for me, and my EUR/GBP position got stopped out.
Read MoreAfter three days of waiting, the confirmation to go short on EUR/USD finally materialized! What the heck am I talking about? Find out all about it in my latest blog!
Read MoreGood 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.
Read MoreCan 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.
Read MoreAUD/JPY broke out late last week, but unfortunately, it turned out to be a fake out! Doh!
Read MoreAwesome, 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!
Read MoreHow 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!
Read MoreAfter 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?
Read MoreI 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.
Read MoreGood 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.
Read MoreI’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!
Read MoreFailure will never overtake me if my determination to succeed is strong enoughOg Mandino