Trade Ideas

Yesterday, I said that I had a feeling that the euro would trade higher. What I didn’t expect was for it to go all the way to 1.3900! Sadly, my trigger was too conservative, making me miss the move. Fortunately, the HLHB Trend-Catcher System generated another winning trade!

It looks like the signals were right on as the pair quickly fell, but unfortunately, the signal and entry is probably the least important part of trading. How you manage the trade after you’re in it is what matters the most, and this time I didn’t do so well. Check out my review and see what lessons we can learn…

Drats! That retracement play on EUR/AUD wasn’t so sweet after all! With the Australian dollar tanking across the board and the euro remaining steady, EUR/AUD zoomed up the charts and my trade got stopped out!

Hello my lovely readers! Today, I have a nice, quick day trade setup I’d like to share with all of you. I think the huge drop in EUR/USD we saw last week has come to an end, and we’ll see the pair retrace a bit more.

How much longer until yen bulls feel emboldened to buy the yen again? It all depends on how long the BOJ intervention threat is weighing on trader’s minds. A resumption of the U.S. equities downtrend could put a lot of pressure on the USD/JPY.

Hello forex friends! Here is the review on my USD/JPY short from yesterday. The pair did rally into the US session and the Fib area did hold as resistance, but there wasn’t much action from that point on. Check it!

Despite watching TWO comdoll pairs last week, I somehow managed to miss this 9:1 setup on USD/CAD! Here’s how we could’ve gained a total of 450 pips on this pair.

Aside from that crazy drop on EUR/GBP (which I wasn’t able to take full advantage of #%$@$#!!!), there was also an opportunity to capitalize on the euro’s weakness on EUR/JPY. The reward-to-risk ratio? A solid 9:1!

Boy, where do I begin?! EUR/GBP dropped like a rock, falling over 130 pips without so much as looking back! Great news, right? Well…

While I missed the move on GBP/USD, my HLHB Trend-Catcher System generated yet another winning EUR/USD trade this week. So I guess I shouldn’t be that sad, right?

One down, one more to go! After closing my NZD/USD trade, should I trade AUD/USD next? Here’s what happened to my setup so far…

This morning I hosted a 30-minute forex webinar and the topics were basically chosen by the participants who were their and the topics can be eclectic and that’s part of the fun. I DO try to keep some cohesion and I think today’s talk had a nice flow.

I’m going to take a page out of Pipcrawler’s book and try to trade a retracement. My trade isn’t on EUR/USD though, but on GBP/USD! I hope it ends up with a huge win too!

Well that was fast! As expected, traders took the spike higher as another opportunity to sell off some euros during today’s trade. Check out how it all played out!

Well that didn’t work out well! Unlike my previous EUR/JPY day trade, this range-play didn’t pay off! Read up on how this would-be moneymaker turned against me.

All three comdolls made 100-pip moves last week but the best setup of the week goes to NZD/USD! Read my comdoll weekly replay to find out why. Oh, and meet my latest BFF too!

Well darn my luck! Remember that range on the 4-hour chart of EUR/GBP that I had spotted about two weeks ago? Well, it held again last week, and boy did it deal out pips!

Oh no, not again! My trade was going so well until AUD/USD encountered a strong resistance level. Here’s what happened to my trade.

You could say this week was a “fair” one. While I did lose on my EUR/USD trade yesterday, the HLHB Trend-Catcher on the hourly time frame is off to a promising start! Not only did it generate a valid signal, the trade turned out to be a winner too!

Phew, after days of searching, I have finally found a nice trade setup. If you look at the 4-hour chart of EUR/USD, you will see that the pair just formed two spinning tops at the bottom of its trading range and is currently exhibiting a bullish divergence. Time to go long?