Trade Ideas

And that’s two in a row! Yep, that’s right. I took profit on my EUR/USD trade yesterday and boy am I feeling giddy!

Remember when I had parity trade ideas on BOTH the Aussie and the Loonie? Well, I managed to save at least one trade! Luckily, one good decision was all it took to avoid losing pips on this trade.

Good morning! It looks like a plan from European leaders to contain the debt markets has squashed the massive fear moves, propelling traders to move out of their Dollar and Yen positions. As you may have guess, this was no good for my GBP/USD short…check it!

Support at parity? NOPE. For the gazollionth time, my perfectly valid setup on AUD/USD got foiled again! Here’s what happened to my trade idea.

Sometimes momentum is just too strong, and that’s exactly what happened last week! I missed out on my GBP/JPY entry as risk aversion kept the pair from making a substantial pullback.

Good morning, guys! Need an inspiration for catching pips this week? Here’s a 21:1 reward-to-risk setup that I found on AUD/USD’s price action last week! Oh, and have you met my newest BFF?

Darn, I never got the pullback I wanted on GBP/JPY! As it turns out, I should have paid a little more attention to EUR/GBP, which produced two really easy short opportunities.

Talk about a good week! Aside from winning my GBP/USD trade, my HLHB Trend Catcher system also did pretty well (again). Ah, I can tell that I’m gonna enjoy my weekend.

Good morning fellow forex fanatics! And what a fanatical day it’s been in for forex over the past 24 hours. I tried getting into that super risk off move after the FOMC announcement, but it looks like that train wasn’t waiting for no one. Check it!

Success! After hitting my first profit target early in the London trading session yesterday, I decided to finally close my entire position for a huge 325-pip profit! Who’s the… uhh, woman?!?

Good afternoon! This market is full of surprises lately, and today was no different as rumors of another Swiss National Bank intervention kicked off some nice volatility. All is quiet now, so I decided to close my trade for a small profit. Check it!

The 60-minute chart has corrected the intraday downtrend and triggered a swing short. This is an overall trend following trade because the daily time frame is heading lower with a bearish Directional Bias.

Remember that possible parity play I was looking at last week? Well, it turns out I was watching the wrong pair. I planned to buy AUD/USD at 1.0000 when I should’ve been looking at USD/CAD instead!

GBP/JPY may be nicknamed after a small fish, but if you had been paying attention to it last week, you would’ve been able to land a big catch! I’m talking about a reward-to-risk ratio of 3:1, son!

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!