Trade Ideas

Beginning with the overall look on my quad view offers me the analysis across my favorite tools. I can see where — for example — Pivot support coincides with Wave support and maybe the pressure of a candlestick sell pattern. Notice I also compare each tool on the same time frame.

Good afternoon! My trade was triggered during the morning Asia trading session as EUR/JPY made a low around 131.72 and hitting my orders at 131.80. The pair rallied from there into

Short term intraday patterns can not only be beneficial as set up on their own but they can also indicate where the market cycle of larger time frames is going next.

Good afternoon! After waiting a few days of waiting, my short position was triggered as EUR/USD rallied after today’s US employment data. Unfortunately, 1.35 did not hold for very long as

The idea of knowing how to measure a correction versus a reversal sounds easy in theory but without some understanding of the underlying trend of the time frame you are watching and without tool to measure this with it can be very difficult and thus has been relegated to trendlines (lagging) and guess-work (ineffective).

Today’s events was what I was waiting for: the ECB cuts rates from 1.25% to 1.00% and announced purchases of up to EU60 billion in euro-denominated covered bonds. So, an interest rate cut and

Boo Hoo! Well, it didn’t take long for the market to prove my technical signals wrong as NZD/USD continued to rally.

As I continue the series on how I scan and set up trades, there is one issue that you, I, and everyone will deal with and that’s multiple set ups. How do we pick from the available set ups? Which is best? Which is a risk/reward that we can manage?

Good afternoon! It’s the end of the trading week, so it’s time to close up shop to avoid any weekend risk. EUR/USD failed to move anywhere after I entered short a couple of days ago as

What a bummer as EUR/GBP continued to rally higher beyond my entry price and hit my stop at .9050. The bummer part was that the pair made a high of around .9080 pips before dropping all the way down below .8900!

Good morning! AUD/USD continued to rise today from the open of the European trading session and into the US session on broad US Dollar weakness. The pair violated the

What’s up! It’s another great afternoon, especially as GBP/USD falls today on news that the UK Treasury plans on selling a record number of gilts in an attempt to lift the economy out of recession.

I think it’s a philosophy and not a formula. In this video I share how to approach trade management (which includes risk management as well). The video runs about 20 minutes.

Geez! Well risk aversion came back in a big way at the open of trading this week as the Greenback rallied against the Loonie over 200 pips in a single day of trading. A fall in equities is at the root of

Good afternoon! Since my trade idea, USD/JPY has pretty much stayed put. Recent economic reports have brought a bit of action to the markets, but no

Shortly after I posted my idea, EUR/JPY made a double bottom on an intraday basis and buyers were ready to push the pair higher. My first profit target was hit, but with potentially volatile US data coming up, I have decided to close out my position.

Pip Movement Ranges guide your trade expectations and risk management… and of course can offer insight to trading volatility.

Good evening! The Greenback sold off against most of the majors at the beginning of trading this week on general risk tolerance growth. This pushed EUR/USD up a couple of handles and

Boo Hoo! My trade was stopped out at the open of trading this week as risk taking sentiment takes center stage once again. My short AUD/USD was stopped out as .7200 was unable to

I will be back to our regular updates next week (at last!!!) so in the meanwhile let’s look at the cable together.