Trade Ideas

With the US Employment data and the holiday weekend approaching in the US, I have decided to close my open orders in AUD/USD….

EUR/USD rose and then fell below 1.58 throughout the morning European trading session, but with private US employment data coming out worse than expected, reporting a loss of

EUR/CHF made another attempt at 1.61 before falling and triggering our long orders at 1.6050. It looks like the play today is risk aversion as

Not much for today’s trade idea other than to continue to play the rising EUR/USD trend as traders continue to take bets off that the Fed will hike rates soon.

It looks like our entry orders missed the market by a few pips as the pair made a high of about 1.6238 before falling during the morning European trading session.

It looks like my trade idea was good, but I made a mistake in execution with incorrect stop placement as USD/JPY barely touched 108.20 and

Our trade was closed today as the US Dollar sold off as traders feel we may see the Fed hike rates later than first thought.

Our long trade in AUD/USD didn’t get a chance to execute as the lowest the pair got since the trade idea was about .9405. With the pair back at the top of the channel, I have decided to

I have decided to close this trade out today as price action suggests that the market will continue to the push the pair lower. I suspect this is as

The Greenback continued to rally throughout the Asia and European trading sessions, bringing EUR/USD down to 1.5300 before the pair found buyers to stall the rally.

The Greenback continued to push higher on a broad base through the Asian and European session with no retracement.

Our trade was triggered and stopped out this morning as US Dollar strength continues to grow after.

The Bank of Canada crushed expectations today as they hold rates at 3.00% on inflation concerns. Unfortunately, expectations of a cut pushed the pair higher and

Nice way to start off the week as our trade closes shortly after trading begins in Asia as our short position hits our second profit target.

I have closed my open orders today as the Euro rallied higher on Trichet’s comments that a rate hike may be in the cards for the next meeting to stabilize prices.

Looks like I’m going to have to shut this trade down as Bernanke’s comments has signaled an end to the rate cuts and the Fed’s focus on the US Dollar weakness.

EUR/JPY hit 162.00 during the afternoon Asia trading session. We moved our stop down to 163.00 to lock in profits and in hopes to catch a further move, but

Our short trade was just triggered on comments from Fed Chairman Bernanke, but I would like to close it out now as those comments may

As hoped, EUR/USD rallied a bit higher to the 38% Fibonacci retracement level, and after hanging out just a bit above 1.56, the pair dropped as the US Dollar rallied on

EUR/USD was not able to make it above the 38% Fibonacci retracement level before falling further to its current levels around 1.55.