Trade Ideas

And my best comdoll trade setup of the week goes to… AUD/USD! Here’s how we could’ve turned a bullish divergence and a psychological level support into a 450-pip opportunity. Oh, if only I spotted this setup early into my trade!

Good morning! We saw USD/JPY spike lower after another earthquake hit Japan yesterday morning. The pair dropped enough to trigger my long trade and then we saw the market rally back higher within the same hour. As the weekend was quickly coming to a close, I decided to close my trade to avoid weekend risk.

I know how y’all love to look at trading performance and track records, so I decided to put together a nice little post showing how much I earned (or lost) on my discretionary trading system for the first quarter of 2011. I hope you like it!

WHOA! I guess Lady Luck had my back this time! It looks like the spread actually saved my trade this time around! I’m still in this thing!

This trade sure did a number on my account! Find out what happened to the broken trendline that I spotted, and why this trade reminded me of a very important trading lesson that traders should never forget.

The downtrend and bearish Directional Bias on the daily USD/CHF has completed a transition into a sideways, consolidation phase…but bears don’t lose faith and bulls, don’t get too excited; There is still downtrend line resistance and 0.9300 to contend with.

“If foreign exchange is the “wild west” of trading, then forex traders are the cowboys. Forex traders are typically comfortable with a high degree of risk, lots of sleepless nights, caffeine, and constantly-blinking computer screens – but what other substantive qualities do they have in common?”

The idea of seven keys that I consider as well as a “triage” process are part of my every day trading thought process.The following video explains how and why I use these keys and how they can help you make more informed trading decision too.

Whew! I finally broke my string of losses! Too bad I only earned enough money to buy me a few cool phone apps! Read on to find out how I played this day trade, and how I could’ve done so much better

Whattup dawgs! Cyclopip here with another Weekly Winner! Even though EUR/JPY treated me well last week, I gotta give the Weekly Winner to GBP/JPY since it had a sounder setup. Come check out the big winner on Guppy!

If you’re happy and you know it clap your hands! Clap, clap! Thanks to rate hike speculations and a very positive Nationwide house price index, GBP/USD broke of its range and rallied strongly. I was able to hit my profit target and walk away with a respectable 0.86% profit!

Howdy, folks! It’s time for me to share with y’all the best comdoll setup for the past week. Check out this awesome 100-pip drop by USD/CAD!

…chart patterns develop and even trigger entries that are not necessarily appropriate/valid for the market trend for that the chart.

March is already over but I still haven’t gotten any signal from my HLHB system! As much as I appreciate my newfound patience in trading, I think I have to put my foot down and make some changes. Heck! If Tyra Banks just sat and waited to be discovered, she probably wouldn’t be where she is today.

Aww yeah, let the good times roll! EUR/JPY went on a tear again yesterday, and now this trade is up about 235 pips! I think it’s time to press my advantage and add to my position!

Ha! So much for “not breaking out anytime soon!” Thanks to some rather unexpected news, I took a hit on my short EUR/JPY position that I took yesterday.

I found this beautiful setup on Cable but I don’t know which side to take! Oh my gosh! I feel like I have to choose which is the better lipstick between MAC Ruby Woo and NYC Red Flame! So I’m just gonna let the market decide and save myself the headache.

Boomshakalaka! We’ve got the Final Four coming up next weekend, but it’s still Monday and y’all know what that means – it’s time for my Weekly Winner! I’ve got a sweet-looking setup on EUR/JPY that in hindsight, I should have tried my luck on!

The 1.4200 psychological handle proved to be too much for the euro to handle. You may find this funny, but I actually dreamed the on Thursday that my trade had already hit my profit target at 1.4250. Sadly, it was only a dream. 🙁

After giving you a lowdown on what moved the comdolls for the past couple of days, I now give you my BEST COMDOLL SETUP OF THE WEEK! Can you guess why I gave it to AUD/USD?