Trade Ideas

My trade was closed on Thursday on a risk appetite rally. My remaining position was closed at breakeven to close out the trade.

After a quiet Asia and European trading session, EUR/USD rallied big time midway through the US session as traders pushed the market up from 1.2450 to 1.2800 – over 300 pips. This brought my

EUR/JPY missed my short entry orders by a mere four pips on Tuesday, and as it looks like the market is on its way to continue I have decided to close my open orders to

The MPC came to play today as they cut a whopping 150 basis points! That brings the interest rates in the UK down to 3.00 percent and a lot of volatility to Cable. The pair shot down shortly after

A return to risk was the name of the game today as risk takers jumped back into higher yielding currencies, like AUD/USD on a continue drop in bank borrowing costs and rally in commodities.

Greetings! With the US elections wrapping up, bringing a bit more certainty to the environment, and a continued reduction in interbank borrowing has brought a bit of risk appetite back to the markets.

Hello! My trade was triggered last night shortly after my post, and it looks like the trendline held as sellers jumped in and pushed the Aussie down over 100 pips

My trade closed at a profit yesterday as the pair rallied up to my adjusted stop at 127.00 in afternoon US trading.

The FOMC cut rates by 50 basis points yesterday, which was enough to push EUR/USD further up to my entry orders at 1.3000. Unfortunately, it pushed it up way more than that as

No trade today as AUD/USD did not make another attempt to to go lower, instead finding buyers above .6000. Risk appetite grew across the board during today’s trading session as

Cable fell as hoped, but missed my short entry orders at 1.59 before doing so. Doh! Since I missed the move on this blog, I have decided to close my entry orders to look for another opportunity.

I am closing my open orders to short EUR/CHF at 1.51 as the pair found enough sellers at 1.50 to push it down to new lows.

My short position closed yesterday as the Aussie rallied at the end of the US trading session and hit my adjusted stop at .6730.

It looks like I wasn’t able to get in the USD/JPY drop as the pair was not able to rally back up to 102.00. It just dropped like a rock making lows around

My trade closed on Friday as EUR/JPY rallied at the end of the day back to my adjusted stop at break even.

Since my post, NZD/USD made a high around .6350, then dropped and remains in a range between .6050 – .6200. It does not look like we’ll get much action from this pair right now as

USD/JPY continued to fall today on risk aversion, and after hitting 101.00 I adjusted my stop to 101.50. Unfortunately, it bounced higher and

Shortly after my post, EUR/CHF took a quick dip back below 1.54 and triggered my shorts, but it looks like the efforts by governments to pump up liquidity in the credit markets has

Good morning! With the Euro/US overlap coming to a close and my second profit target being hit, I’ve decided to pack it up for the week and bank my profits. With the G7 meeting going on this

My trade was triggered long yesterday at 1.1100 as the pair broke above upward resistance, and everything was looking great until this pesky little “coordinated global rate cut” happened. I was