Trade Ideas

We are approaching the end of the trading week and it looks like the rest of the market is already gone for the day, so I’ve decided to take the profits and run! I am going to

I have managed to make back much of the earlier loss, and with the end of the Euro/US trading session at hand, I have decided to close my trade and chill out for the weekend

It looks like we’re seeing the biggest day for the US Dollar in almost seven years. This is of course is affecting all currencies and commodities an

Well, the fundamentals was on the Fed was right and expectations of US rate hikes got kicked out of the door, but the markets decided to continue to push the Greenback higher, mostly on

Shortly after I posted my thoughts on EUR/JPY, the pair fell hard and fast without looking back. There was no retracement to hit my short orders, and with the pair now trading around

Greetings Forex Fanatics! Here are a few chart patterns happening on the longer time frames that may be take worth looking at.

The Euro gained strength across the board in the morning European trading session, bring EUR/GBP up to our adjusted stop and closing our position at .7880 for a profit

It looks like the major trendline on our chart has broken as USD momentum continues today on the back of declining commodity prices and a positive ADP report out of the US.

A little bit of volatility at the open of trading this week momentarily popped up USD/JPY above 108.00 and took us out at our stop.

Grrrrrrr!! After nearly hitting our first profit target, EUR/CHF rallied this morning as global risk appetite grew on , oil weakness, and short covering.

Well, we’ve waited for a while, but no luck on our conservative entry point as the pair has already hit parity and bounced back higher. Market sentiment has probably changed for the short term as

With the end of the trading week quickly approaching, I have decided to close out my trade to avoid any potential event risk and take profits.

Looks like our adjusted stop was triggered as volatility in EUR/USD seemed to increase throughout the US session, moving the pair back and forth between 1.58 and 1.59 today.

Big day in global markets and we see risk aversion and anti-dollar sentiment priced in ahead of Fed Chairman Bernanke and Treasury Secretary Paulson’s testimony to the US Congress later today.

Aww shucks!! AUD/USD broke to new highs once again on a broad US Dollar sell off as traders speculate Fed Chairman Bernanke will testify that credit-market losses are hurting economic growth.

Closing open orders as USD/JPY only made a high of around 106.80 today before dropping all the way back down to current levels – just above 106.00. We missed the move on this pair and

Good morning! For a while now, we’ve been watching USD/JPY price action consolidate, but with the renewed last week, we may have finally seen a breakout

It looks like we weren’t able to get much of a retracement off of downward momentum as USD/CAD found sellers around 1.0135 and fell lower from there.

After our trade idea was posted, EUR/GBP managed to pull back a bit, but not enough to trigger our long orders as the pair found support around .7935. With the market trading just below .8000, I look to

EUR/USD retraced a bit higher as hoped, but missed our short entry orders as sellers stopped the rally around 1.5740 and pushed the pair lower.