Trade Ideas

Our trade was closed today at our adjust profit targets as Cable saw selling pressure that brought it as low as 1.9450. We exited our trade for a profit as we

Our trade was closed during the morning European trading session as EUR/JPY took a breather from selling off and the pair hit our adjusted stop on a retracement.

With the end of the trading day and week for most of the globe, I’ve decided to close all open orders. No trades today as our short trade entry was missed by

The remaining portion of our trade has closed as AUD/USD found support at .8750 and rallied from there to our adjust stop at .8805.

Our trade was triggered and closed shortly after UK CPI came out slightly above expectations at 2.1% headline. Let’s take a closer look at the review chart as an important point about support and resistance can be learned.

Good evening! It’s the end of the week and I think we have a chance to jump into the EUR/USD rally at a better price.

Our trade was closed this morning as the Swiss Franc continues to gain ground on the majors.

As I commented below, Cable sold off as soon as the European trading session opened. The rally to the top of the consolidation range didn’t materialize; instead the pair

Our orders were not triggered yet and with data coming out in a few minutes I would like to get out of the way of event risk by closing our open orders.

We saw a break out to the upside on USD/CAD after Friday’s US Jobs data and our long position was entered at 1.0030. Unfortunately, the pair retraced

Our trade closed as EUR/CHF dropped, after a quick pull back, to our adjusted profit target at 1.6350. Markets saw a return to risk aversion after

We closed out the day with a small profit on our initial trade. No other trade ideas at the moment as we are approaching the end of the week.

It looks like we ended the month on a positive note as the Greenback continued to sell off, pushing USD/CHF to our second profit target and close out our trade.

Our reverse trade was stopped out as the Aussie found plenty of support and buyers at the .8600 handle. It was almost expected, as we are in the

Good Evening! For the last “Pick” of the week will take a look at EUR/USD for a possible resistance play on the horizon.

As expected, we saw a bit of volatility from this morning’s economic reports. Our short entry orders were triggered late in the morning European trading session and fell just enough to

The FOMC decided to cut rates by 25 basis points today and it looks like the “buy the rumor, sell the news” scenario played out as riskier plays sold off right after the report.

EUR/USD fall as hoped on the backs of weak Eurozone retail sales data and a upside surprise in the ADP Nonfarm payroll report. Unfortunately, our orders were not triggered before the move.

Cable retraced during the morning European session and triggered our short position at 2.0650. There was enough volatility to take us down to 2.0600 – our first profit target. Unfortunately..

There was no retracement back to the bottom of the channel before USD/CAD took off higher after a surprise rate cut from the Bank of Canada this morning.