October 24 to 28, 2011 Weekly Winner: EUR/JPY Makes It Rain
I guess the old saying is true. Hindsight is 20/20! I should’ve been able to capitalize on this obvious setup on EUR/JPY!
Read MoreI guess the old saying is true. Hindsight is 20/20! I should’ve been able to capitalize on this obvious setup on EUR/JPY!
Read MoreGood morning! It looks like the Greek referendum was a game changer for the day as sellers jumped on the euro like gangbusters! Was I able to jump into the extended downtrend?
Read MoreWhew! Those were some wild Halloween parties, huh? The trick or treat events might be over but I’ve still got one more treat for y’all as I present to you the best setup for last week!
Read MoreThere’s not a lot to say about the USD/JPY today. Everything that had to be said I think occurred a week ago with the test of 76.00. What I did want to outline here were the clues, the price levels, and the thinking behind the buy set up and the trigger of 76.00.
Read MoreDefinitely a good week for my HLHB Trend-Catcher system! ADX kept it from jumping in on a few fakeouts, and it caught the upward move on EUR/USD! Too bad I can’t say the same for my discretionary system.
Read MoreGood afternoon! I deviated from my original plan a bit as I held onto my EUR/USD short overnight. This turned out to be a good decision as the market found a reason to continue the trendline break lower. Check it!
Read MoreSo much for that long-term resistance at 1.0500! Because of the dovish BOC statement, the Canadian dollar melted across the boards yesterday. AUD/CAD broke through the key resistance level and my position got stopped out! @#$%^&! Drats!
Read MoreGaaah! I’m torn between two setups! Both GBP/USD and EUR/USD are sporting sexy setups on the 1-hour timeframe. Which should I take?
Read MoreJust when I decided to be patient and wait for my entry to get hit, USD/CAD leaves me behind! So instead of enjoying more than 200 pips in gains, I ate my weight in ice cream while dealing with regret. Why, oh why, must this happen to me?!
Read MoreThere’s a battle occurring between near-term sentiment (risk appetite) and a longer-term (bleaker) outlook for the market and specifically the euro. But the euro refuses to obey the headlines, the doubt, and the optimism trade is still on.
Read MoreGood morning, friends! Did anyone play the 200-pip range on AUD/USD last week? If you didn’t, then you would’ve missed 4 trade setups that would’ve yielded a total of 815 PIPS!
Read MoreI missed out on my GBP/JPY trade last week, but looking back, there was another potential setup that I could have taken on the pair. Here’s a simple trade on Guppy that would have yielded a 4.4:1 reward-to-risk ratio!
Read MoreTalk about a crazy week! The HLHB Trend-Catcher system scored its first losing week since I started forward-testing it on the 1-hour time frame. Boo!
Read MoreIt would be an understatement if I said today was just one of those wacky days in the markets–it was nuts! Despite a constant stream of rumors, news and data releases, USD/CHF played out as I hoped. Check out how I closed today’s session.
Read MoreLooks like Lady Luck just isn’t on my side this week. Even after giving it an extra day, I still haven’t gotten triggered on my GBP/JPY setup! I think it’s time to take off my orders, reevaluate the markets, and look for other setups!
Read MoreI can feel butterflies fluttering in my tummy. No, I’m not in love. It just so happens that my GBP/USD trade worked out PERFECTLY. Gosh, did I miss this feeling!
Read MoreGood morning! As speculated, momentum carried over from yesterday as we saw further “risk-off” moves during the Asia and morning European sessions. Unfortunately for my trade idea, the retracement in EUR/USD was way too shallow for me to jump in. Check it out!
Read MoreEven though AUD/USD was able to make a strong rally before the week closed, I wasn’t able to bag any pips because I got stopped out early on. What could I have done better? Help me out!
Read MoreAnd AUD/USD takes the cake again! For the second week in a row, this pair trumped its comdoll buddies and made the biggest moves across the charts. Check out how my trading strategies could’ve scored a 10:1 win with this one!
Read MoreLeave it to Guppy to make it rain pips! The volatile pair delivered two awesome trade setups last week. One was good for about 200 pips while the other could’ve given you about 300 pips! Money in the bank, son!
Read MoreThe best way to predict the future is to create it.Peter Drucker