Trade Ideas

My stopped out at a loss in a frustrating manner as EUR/GBP made a high right at my stop before turning lower and falling below .7900. Doh!!!

My trade closed as USD/JPY rose to my adjusted stop during the morning US trading session.

What a day! Traders around the globe sold off carry trades as affects of the credit crisis continues to spread across the globe. EUR/JPY made a low around 135.00 before rallying higher on profit taking.

Non-Farm Payrolls came out weaker than expected (-159K), immediately pushing down USD/JPY past 105.00. Unfortunately for my position, the pair quickly found buyers around 104.50 and

Yesterday was a wacky day in the markets with normal correlations thrown out the window as equities and commodities rallied, but the US Dollar rallied as well against most of the other majors, too.

The , leading to risk aversion and a sell off in USD/JPY. It’s highly improbable that we will see my short orders at 107.50 as the outlook for the

I held my open orders to short EUR/CHF for almost a week now, but with the pair falling on Euro weakness, it looks like I won’t be able to get a more favorable price to

The US just released economic data this morning with much weaker than expected results in jobless claims and durable goods orders. This poses to be US Dollar negative and now with reports that

A nice end to the week as my long entry orders were triggered and full profit was attained as risk appetites grew after US Government put together plans to halt the credit-market freeze.

The US Dollar rallied against the Canadian Dollar yesterday, taking the pair all the way up to 1.0800, where it briefly broke above. Unfortunately, it the pair couldn’t quite reach my short entry orders at

My remaining position closed yesterday at break even, shortly after the adjustment as we witnessed wild swings during yesterday’s trading session.

Looks like my trade caught a bit of bad luck as the Federal Reserve unexpected bails out AIG shortly after I posted my trade idea. Risk tolerance grew and carry trades rallied, pushing up

My trade was closed at the end of the US trading session as USD/JPY rallied throughout the day. The pair hit its low of the day just above 106.00 before buyers bought back in on speculation on a possible

EUR/CHF continued to declined through yesterday’s Asia and European trading sessions, hitting a low around 1.5840 and closing my remaining position at the adjusted second profit target of 1.5850.

Hello! Oil continues to drop on various factors including a rise in supplies, OPEC trimming output, and a Hurricane steering away from gulf refineries. USD/CAD has had trouble moving lower as

We saw a nice run down in USD/JPY today as the pair took a hit on risk aversion and weak initial claims numbers. The pair seems to find support just above 107.00, and with the close of the US session approach, it looks like

It looks like we couldn’t catch the move lower today as sellers topped off the Aussie rally just below my entry level during the morning European trading session. It’s been an interesting mix of data this morning with

The Sterling continued to take a pounding this week as EUR/GBP opened up rallying to .8100 and above. My short trade was triggered and

Hello! After a bit of rollercoaster action throughout the Asia and Euro trading session, the Greenback found a bid on positive manufacturing and consumer sentiment data out of the US.

Tonight’s trade idea is on Cable, and it’s not for the faint of heart. My question is, “who’s ready to catch a falling knife?” I am!