Trade Ideas

Good morning! It looks like another shallow pullback thwarted my dreams of my first win of the quarter…Grrrr! With the FOMC statement come and gone, and the weekend quickly approaching, it’s time to make an adjustment to my account.

Boy, am I glad I closed my trade last night. I was able to lock in some pips before the market moved against me! When the market gives you signals to exit, you exit!

Since I’m a little dry on trade ideas this week, I’m going to try out a setup pointed by the great Big Pippin. Let’s see how this trade works out!

There’s three charts I want to share with you all tonight and none of them are forex charts – hold on! – there’s a good reason why.

It’s that time of the week, folks! Let’s take a look at the market themes that have been influencing currency price action so far this week.

Great, great week! The HLHB Trend-Catcher system, despite having only three trades, ended up with a huge win! In addition, my GBP/USD breakout play worked out too!

Before I share this week’s must-watch levels, I’d like to give a shout out to Roger Federer for winning the Wimbledon Men’s Finals! Now, let’s try to win a Grand Slam of our own!

Now that we’ve completely wrapped up Q2 2012, I think it’s time to look back at the past three months and evaluate my trading performance. Let’s look at the numbers and recap my most memorable trades!

It’s time to zoom in on comdoll price action! How did AUD, CAD, and NZD fare against the dollar in the last three months?

Guess who made a comeback? I did! After a very depressing first quarter, my trading turned around in April to June and I ended the second quarter of 2012 with a 6.11% gain!

It may not be the 4th of July anymore, but I’m pretty sure we have more fireworks in store for us today! Well, at least on the charts. Is it just me? Or do you feel that we’ll see a breakout on GBP/USD too?

Good morning forex friends! Now that I have that rough second quarter behind me, I’m ready to rock out the rest of 2012! USD/CHF has to potential to get it started right on a potential retest of a major psychological level. If retested, will it hold?

It’s day two of the NFP week, folks! If you haven’t found a setup yet, then take a look at the setups that we found on AUD/USD, USD/CAD, and NZD/USD! Do you think they’re something that you can trade for this week?

Wow. Just when I thought I found a relatively safe pair, I get killed by a ridiculous weekend gap! It’s a good thing I made some adjustments, otherwise my losses would have been even bigger!

Opportunities to watch at the Dow moves lower on a trio of negative news points. 1) China manufacturing slowdown 2) record European unemployment 3) a U.S. ISM miss.

From the outside, it looked like the trading gods were all against me, but after reviewing all of my trades and reflecting on my second quarter performance this weekend, it looks like my negative tendencies from Q1 were hard to shake. Here’s how it all went down…

Definitely not a good week for me. Not only did one of my favorite Hollywood couples split, but I also lost on my GBP/USD trade and HLHB Trend-Catcher system. Boo!

Finally! After seeing all the choppiness on the yen crosses last week, we got some action last Friday! Can the bulls continue to push higher this week?

No dice for this one! Risk aversion came back with a vengeance before NZD/USD could even climb to my short entry orders. It’s time for me to cancel my open orders!

It’s been two weeks since I have had a position, so I thought it was time for me to get a little bit aggressive. Earlier today, I decided to jump in at market and buy Cable.