Trade Ideas

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.

My trade closed on Friday, as the Aussie was not able to sustain a move lower. My adjusted stop at breakeven (.6440) was triggered and my trade was closed.

Good morning! My first profit target was hit during the morning European trading session and after making an adjustment to my stop on my remaining position to

Here’s a quick walk through on how to do exactly that…in the forex, futures, or stocks!

What’s up everyone! It’s the end of the week and as we see risk tolerance grow this afternoon I have decided to close my trade out to avoid weekend event risk.

AUD/USD retraced a bit higher and fell, but not enough to reach the 50% Fibonacci level where I had my orders ready to go. Since we are at the end of the trading week, I have decided to

Not too long after my post, EUR/GBP tested .8350 again and found enough buyers to push the pair all the way to .8500. It looks like that was the top as sellers pushed the pair

Good morning! My remaining position was closed last week as we saw a burst of risk buyers pushing NZD/USD up to my adjusted stop at .5735.