Trade Ideas

Aaaaand I’ve broken my winning streak! Thanks to a turn in risk sentiment, my NZD/USD trade didn’t play out as well as I thought. Here’s what happened…

I know some of you are more than eager to hear my updates so I won’t make you wait any longer. I’ll tell you all the details of my EUR/USD trade, how my HLHB Trend Catcher fared last week, and what happened to the cause of my personal dilemma!

Will the yen crosses continue to break for new lows? And will EUR/GBP stay within its range? Find out which hot levels to keep an eye on for EUR/JPY, GBP/JPY, and EUR/GBP by checking out my Weekly Watch!

Good morning Forex friends! I’m back to looking at the USD/JPY as the pair has continued to make a steady move lower from its highs a few weeks ago around 84.00. I’d like to try jump in this multi-week move–if the price is right!

My last update was all about risk and the fact that as March as winding to a close, the environment which was mainly risk aversion was starting to turn. I warned of a transition. Today’s update is all about the aftermath.

Huddle up, traders! It’s time for a midweek analysis! Here are the economic themes that have been dominating the markets so far this week.

Even though my system was down last week, I still consider it a good one as my system was able to filter out a lot of bad trades. I guess it just goes to show that the Trend-Catcher’s RSI filter really is working!

If you take a look at last week’s action, I think you’ll notice a common theme — EURO WEAKNESS! Let’s see if this will continue this week! Take a look at our must-watch levels on EUR/JPY, GBP/JPY, and EUR/GBP!

After taking 7 trades in the last three months, I have managed to bag a total of 286 pips! Here are the details of all my trade ideas as well as some thoughts on what helped me keep my winning streak.

The performance of the HLHB Trend-Catcher 3.0, in a word, was AWESOME! It garnered a grand total of 1,004 pips. For a truly mechanical system, it’s amazing!

Good morning Forex friends! Time flies by when you’re having fun battling the markets, and it looks like we’re already a quarter of the way done with 2012! As the saying goes, “Pain + Reflection = Progress,” so it’s time to review how I did in the first quarter.

Overall, the first quarter of 2012 was very harsh to me. I had 10 total triggered trades for the period – four ended up as winners while the remaining six were all losers.

Can’t find a trade idea yet? Maybe you just need a recap on what market themes have been dominating markets so far this week! Here’s my list.

As promised yesterday, here’s a review of my trading performance over the past quarter, as well as some thoughts and trading lessons that I learned.

Good evening Forex friends! It looks like that bearish divergence signal was good one and both of my positions have triggered. Normally, I’d like let the market do its thing from this point on, but today’s FOMC minutes changed the game.

Well, GBP/JPY did eventually hit 133.00… but not before I got stopped out! Drats!

Thank goodness I stuck to my trade plan and avoided getting chopped up by USD/CAD’s price action last Friday. With that, I live to trade another day. Whoopee!

This week was a very bad one for the HLHB Trend-Catcher 3.0. The pair ranged, and the RSI was only able to filter out two of the many, many fakeouts. As a result, my system endured a minor loss.

Y’all ready to tackle the cross-currency pairs this week? Check out these smokin’ hot levels on EUR/JPY, GBP/JPY, and EUR/GBP to help you gear up for the trading week ahead!

Good morning forex friends! Not much action for USD/JPY this week after the big move sparked by Big Ben, and with the market trading at a potential support area ahead of the fast approaching weekend, I’ve decided to close my trade up for a small profit.