Short AUD/USD – Trade Closed
Our trade closed yesterday as the Dollar selloff continued and the Aussie rallied on a stronger demand for gold as a safe haven.
Read MoreOur trade closed yesterday as the Dollar selloff continued and the Aussie rallied on a stronger demand for gold as a safe haven.
Read MoreYesterday, USD/JPY made a move lower beyond 113.00 to hit around 112.60. This movement was enough to move our stop down to 113.75 as planned in the last update. After finding a short term bottom at 112.60 the pair
Read MoreAfter making a low of about 2.0140 in the morning US trading session, Cable rallied up 120 points – hitting our stop at breakeven along the way.
Read MoreIt looks like EUR/CAD didn’t quite make it to our buy level at 1.4250 before rallying up to 1.4350…
Read MoreBoth of last night’s major Australian economic reports came out positive as Retail Sales came in with a read at 0.9% and the Trade Balance deficit was lower at 760M.
Read MoreOur trade closed at a loss as the pair rallied hitting our adjusted stop. This trade was a little frustrating as we were up over 50 pips at one point. In hindsight, our
Read MoreIt has been a wild ride for the financial markets for the past few weeks, and yesterday was no different as EUR/CHF rallied back up to our entry point to
Read MoreWith the lack of any major events within the next 12 to 24 hours, I don’t see much movement for tomorrow. We will probably see more
Read MoreMy short bias on EUR/USD proved to be correct as the pair drops below 1.36, but not before price action whipsaws an entry to the long side and stopping me out…doh!
Read MoreAfter our trade adjustment on Friday, USD/CHF shot up back to our entry level and closed out our remaining position at break even.
Read MoreWell, it looks like a return to risk as higher yielding assets rallied against low yielding assets during the morning European trading session
Read MoreAfter the strong rally in last nights Asia trading session, it looks like the momentum has changed to the downside, so we will manually close our trade to lock in remaining profits.
Read MoreGood evening! The Loonie has been on a tear a against the Greenback and we may see more to come with Canadian CPI and Retail Sales later today.
Read MoreOur trade reached full profitability as Yen strengthens on further carry trade unwinds.
Read MoreOur trade reaches the second profit target as the Dollar marches on…
Read MoreRisk appetites rise today as the British Pound rallies against the Euro and closes out our trade at our adjusted stop price….
Read MoreIt looks like risk aversion took over the markets once again as equity markets sell off, carry trades unwind, and traders flock to the Dollar…
Read MoreAfter locking in profit on the first half of our position on Friday, the Greenback rallied against the Swissy to close out the remainder of our position at breakeven.
Read MoreJust a quick review of our trade which closed in yesterday’s trading session.
Read MoreThe Bank of England released their Inflation Report earlier this morning showing further inflation concerns and signaling that more rate increases may be necessary.
Read MoreIt is only when we realize that life is taking us nowhere that it begins to have meaning.P.D. Ouspensky