Trade Ideas

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.

Our first profit target was hit yesterday, where we closed half of our position and moved our stop to break even on our remaining position. We did not get to see a

Our trade closed out at the end of last week as the Aussie found support into the weekend. Unfortunately, we were short on the pair so we took a hit at the end of the day.

To close out the week, tonight’s chart couldn’t get any simpler. No Fibonacci, no mathematical indicators – just short at the resistance line!

It looks like volatility took EUR/JPY as high as about 162.95, just below our entry orders, before sellers jumped in and bought some Yen in early US trading.

After retracing from last week’s downtrend, it appears the move lower may resume after finding resistance at 104.00.

We held our short position over the weekend, and it looks like we came close to our second profit target, but as the European trading session open, Cable caught fire higher on

Our short position on EUR/JPY closed earlier today as the pair hit our second profit target at 160.00 during the Asia trading session.