Trade Ideas

After watching Jeremy Lin lead the Knicks to 5 straight wins, I’m Lin-spired to aim for a winning streak of my own! Let’s see if we can score a Lin… err, I mean a WIN this week with these must-watch levels on EUR/JPY, GBP/JPY, and EUR/GBP!

I guess it’s true what they say, “All good things come to an end.” My winning streak on my HLHB Trend Catcher 3.0 has finally come to a halt this week. Boo!

My decision to crank up my euro long positions paid off! EUR/JPY popped up yesterday and I pocketed myself a pretty penny. Check it out!

Round 5… Fight! For my fifth trade idea this year, I’m going to trade EUR/USD. The pair just broke out of its consolidation and is looking like it is poised to go higher!

It was the combination of events from both Europe and the US to finally push traders to finally break the 1.3200 level.

Phew! Saved myself from a heartache on this one! Here’s why I decided to close my open orders on AUD/USD and what I learned from this trade setup.

And the losing streak comes to an end! Finally, after weeks of being on the red, I tasted my first win for the year with my EUR/USD trade.

As we prepare ourselves for a brand-new trading week, let’s take a quick look at what happened to the comdolls for the past few days and which pair had the best setup for the week. All that’s right here in my comdoll trading kit!

Now that the Super Bowl is done (congrats Giants fans!), it’s time for us to hit the field running and rack up some rushing and passing pips! Here are some key levels to keep an eye on this week for my favorite cross-currency pairs, EUR/JPY, GBP/JPY, and EUR/GBP!

Ho, ho, ho! It looks like the Trend-Catcher 3.0 has another winning week! This system is kickin’ butt! Here’s a summary of the signals it generated this week:

Good afternoon! Both of my short positions triggered during the European trading session, and I was lucky enough to get the price action I had hoped for. But did I execute well?

Aww geez, this isn’t exactly how I wanted my first trade of the year to turn out! I should’ve exited this trade when I had the chance, but here’s how it all panned out instead…

Since I placed my sell orders, EUR/JPY has fallen about 200 pips, just as I had hoped! There’s just one little problem…

I see the EUR/USD in a state of transition and not to be left out…I see the U.S. Dollar Index in the same transition. While the EUR/USD is moving sideways at the BOTTOM of its range, the greenback is doing it at the TOP of its uptrend.

Comdoll events and weekly levels are up, folks! Make sure you check ’em out before you take any comdoll trades this week. Good luck!

Though I’m still extremely pumped from watching the epic Djokovic-Nadal Australian Open finals, I took the time to label my charts to show you the levels I’ll be looking at this week. Hopefully, we’ll get some EPIC trades out of ’em!

The Trend-Catcher 3.0 comes out with another winning week! There were a couple of losses, but a few wins more than made up for it.

While we didn’t see much follow through in price action during the Asia session, the European session traders were ready to jump in the momentum sparked by the Fed yesterday. Unfortunately there was no pull back higher for USD/CHF and no trade for me.

Being down 3 trades ain’t fun! However, I’m not gonna be rash and just jump in on the first trade setup I see. I believe patience is key to getting pips. So I’m gonna wait for EUR/USD to break out first before I pull the trigger. Check out my trade idea.

The EUR/USD has a number of hurdles to overcome before a ceiling it established. I am looking for a ceiling – for now – since the market trend has transitioned into a sideways range. IT IS early in the transition but a “V” bottom is unlikely here with the underlying fundamental picture and the 1.3050 to 1.3200 area is a thick layer of resistance.