Trade Ideas

Our trade triggered on Friday, and after going our away by about 30 pips or so, buyers jumped in today around 1.02 to push the pair higher even as Canadian GDP came out higher than expected.

EUR/USD has been in consolidation mode for the last few trading sessions. We just saw a drop in the Greenback against the Euro within the last few hours to break outside of the range. Is the market ready to test 1.59 once again?

It looks like EUR/CHF started off the week with a pop to the upside, closing our position out at our adjusted stop price.

Looks like we took one to the chin today as the US Dollar rally forgot to stall around 1.0050 against the Swiss Franc, and actually took us all the way up to our

Our trade went our way throughout the Asia/Euro trading session (hitting our first profit target along the way), but after testing .9900, the pair rallied and closed out our remaining position.

Our remaining position was closed early this morning after the pair rallied on US Dollar strength.

It seems we missed the boat on today’s USD/JPY continued sell off as the pair reached a high around 101.15 before sellers took control in the morning US session.

Our remaining position closed out at breakeven as the US Dollar rallied through out the morning European trading session and after US CPI read unchanged.

Our short position reached our first profit target at 2.0500 this morning, where we closed out half of our trade. 2.05 was a strong support area as GBP/CHF immediately

We saw a broad US Dollar sell off during the morning European trading session, but it was quickly turned around at the start of the US trading session with news of the Fed’s plan to

It looks like our trade was closed out as EUR/CAD touched above the resistance area around 1.5200.

Our short US Dollar outlook continued to play out through today’s trading and hitting new lows against the Japanese Yen, but it do so without

Looks like traders decided to buy back Canadian Dollars before we could hit parity as the pair trended lower during the Europe/US overlap. The Dollar is out of favor once again today as we

Barely any action in Cable today as the pair traded in 60 pip range through out the major trading sessions. Our orders to go long at 1.9770 were not triggered and..

There wasn’t much more retracement before EUR/CHF resumed its downward momentum and it looks like it will continue lower for the time being.

Our trade closed on Friday as there was a reversion from risk, as higher risk assets fell (equities, commodities, higher yielding assets, etc.)…

EUR/CHF continued its trek lower in overnight trading without making any kind of retracement back up to 1.61. I am going to close my open orders and

Regardless of weak UK economic data, Cable rallied high on a broad based USD sell off and hawkish inflation comments from Bank of England officials. Further, buying support is evident even after

We just saw a broadbased US Dollar sell off in the currency markets, most likely on positive Euro data and inflation comments from Eurozone and BOE officials.

Our trade closed on Friday as GBP/CHF retraced and gave back most of the rally it saw after UK Retail Sales. The pair dropped back to 2.14, our adjusted stop, after almost reaching 2.16…