Trade Ideas

My trade was closed at the end of the US trading session yesterday as EUR/JPY continued to rally and hit my adjusted stop at break even.

Here comes the chop…Both the dollar-canada and crude oil are going into a distribution cycle on their respective daily charts. The USD/CAD has formed a triangle chart pattern and as it bounces around the market cycle has transitioned

Trading forex is a big picture game. Understanding how the dollar moves and moreso, what moves it is all part of that bigger picture. When you understand the relationships you are less likely to be blindsided by price movement and

It’s a new week, and for a second it looks like the markets were back to Euro selling as EUR/USD markets opened up and fell back below 1.29. However, it didn’t manage to hold as

“Grab” charts are a visual cue to let you know at a glance whether prices are trading within, above, or below the Wave. My plug-in works on the MT4 platform and as far as I can tell any version. This is nothing more than the same color coding that has been a part of my …

Hello! I’ve been in this trade for over a week, and it looks like the current leg of the downtrend is running out of steam, especially as it finds support around .6500.

There are two “market pulse” charts to watch for secondary confirmation when trading the USD/JPY, the dollar and dow. However, the USD/JPY has a unique and strong correlation to the Dow and this is one sympathetic relationship that is commonly overlooked.

With yesterday’s Martin Luther King Jr. holiday and today’s Presidential Inauguration there are plenty of reasons to think that the week will not officially begin normal trading until tomorrow, January 21st. The Dow heads lower about 3/4 quarters of the time on Inauguration day and with President Obama 80%-plus approval rate behind him there is …

A futures trading background helped me realize that not all forex traders are aware of the future-forex correlation or how to use them properly.

It’s been a bumpy ride for my trade as the pair rallied after my original post, only to find resistance around 119.60. Since then, EUR/JPY has fallen back to previous support levels around

What is up my peoples! It looks like the move lower has run out of juice as USD/JPY stalls at previous support. I have decided to close my short position for now on the possibility we

Greetings! Before I go off to celebrate and usher in 2009, I thought I’d end 2008 on a positive note by closing my short EUR/CHF position down and locking in a nice profit.

My trade was closed today as the Euro rallied against the Greenback, reaching highs around 1.4350 and hitting my adjusted stop at break even along the way.

My long EUR/CHF trade was triggered at the beginning of the European trading session, but better than expected Swiss Trade Balance and Retail Sales data boosted the Swiss Franc higher.

Wowzers! Looks like I underestimated that US Dollar sell off as the Greenback got beat like it stole something this morning! EUR/USD moved well beyond its daily range (around 260 pips) to

Good morning! Looks like a great start to my week as my short position in USD/CAD reached full profitability this morning after a few tests of 1.2500 last week.

It looks like 1.3000 was unable to hold the Euro bulls down as the pair broke past and hit my stop loss level.

Zzzzzzzzz…Yup, that’s about how exciting the EUR/CHF market has been for the past two days. To be fair to the pair, there has been little news to spark moves in the markets other than

My trade was closed at the end of day on Friday as USD/JPY rallied back up to my adjusted stop at 92.60.

My trade closed yesterday as EUR/CHF rallied back up to my entry price at 1.5450.