Pick of the Day: EUR/USD -Trade Closed
Our entry order to go long at 1.3745 was triggered a couple hours ahead of the Fed Interest Rate statement. After our entry, the market ranged in between 1.3740 to 1.3750 until
Read MoreOur entry order to go long at 1.3745 was triggered a couple hours ahead of the Fed Interest Rate statement. After our entry, the market ranged in between 1.3740 to 1.3750 until
Read MoreThe British Pound has fallen against the Euro in the past few trading sessions as the market prices in only one more rate hike in the UK, but two more rate hikes by the ECB.
Read MoreWith potentially market moving data coming up later today, most notably Interest Statements for the Eurozone and UK, that will be no “Pick” this evening as we may see small, limited moves ahead of time.
Read MoreWe started August with a small profit as the Greenback continued to rally against the Euro throughout the Asian/Euro trading session.
Read MoreToday’s Pick isn’t a trade idea…it’s a video! It is absolutely hilarious and shows what could potentially happen to you if a hot chick (or stud) finds out yo single self made it rich as a trader and instantly wants to marry you. Watch out fo’ them pip diggers!
Read MoreOur trade closed at full profit as the sell off momentum continued at the start of the European trading session.
Read MoreIt looks like ran into a bit of bad luck as our trade was stopped out for a small loss of -20 pips. The bad luck was that
Read MoreHello my friends 🙂 Todays Greenback rally against the Loonie has brought us a nice little opportunity to take part in the longer term downtrend of this pair.
Read MoreCable rallied ahead of the European open to 2.06 before dropping 100 pips as the Greenback rallied against the majors.
Read MoreAfter hitting our first profit target this morning, USD/CHF found support and rallied back up to our entry level where we adjusted our stop.
Read MoreWell, it looks like the Kiwi has picked up momentum once again ahead of the RBNZ interest rate decision this Wednesday. NZD/USD broke through resistance at
Read MoreWell, after a few days of no trades, we were finally triggered on our short orders as UK GDP came in slightly higher than expected at 0.8% and
Read MoreWell, it looks like it’s all about Cable once again! We have UK Retail Sales as the big event for the European trading session.
Read MoreGood Morning! Just a quick review of our short on USD/CAD.
Read MoreOur long trade was closed last night as the pair retraced back to our adjusted stop level at 168.30. The pair found support at 168.00 and will probably
Read MoreGood evening! Today’s “Pick” was a difficult one as we have this week’s biggest risk events coming later today with MPC Meeting minutes from the UK, US CPI data, and a host of others.
Read MoreWell, the market was expecting weak UK CPI data and what did we get? Strong data of course!
Read MoreWell, it looks like my “Double Feature” trades did not pan out so well as it appears I was a little early on my downtrend bias on USD/CAD.
Read MoreGreetings everyone! We’re keeping it simple tonight as USD/CHF takes a breather from its downtrend, we look for a possible retracement to jump in at a better price.
Read MoreGreetings! No “Pick of the Day” tonight. With the lack of news events we may see little volatility in the markets leaving us with low probability of any breakout trades.
Read MoreEveryone has his burden. What counts is how you carry it.Merle Miller