Pick of the Day: USD/JPY – Cancel Open Orders
USD/JPY pushed higher and found resistance at 117.50 before dropping lower, then settling in the middle of today’s range. No trade was triggered, and I have decided to
Read MoreUSD/JPY pushed higher and found resistance at 117.50 before dropping lower, then settling in the middle of today’s range. No trade was triggered, and I have decided to
Read MoreOur position closed this morning at our adjusted stop loss as we saw a broad based USD selloff and a return to risk as equities rally in the US.
Read MoreOur trade unfortunately stopped out as the pair continued to rise on Pound strength and a return to carry trades.
Read MoreOur short position on EUR/USD closed yesterday as the Dollar rallied on surprise strength from the ISM Non-Manufacturing data….
Read MoreWe will close all open orders to short as Cable did not make the move lower as hoped.
Read MoreSince we opened our short position on Cable, the pair has been on a roller coaster ride as it dropped down to 2.01, and then
Read MoreWe will close all open trade orders as the pair continued south without a retracement.
Read MoreOur trade is closed as the pair rallied back up to breakeven at .7000 and stopped out. So, we managed to lock in
Read MoreGood morning! I’m looking to short Cable tonight as the pair bounces lower from the 240 MA’s. The pair moved lower after the rally, sparked by the interest rate cut yesterday, seems to have
Read MoreOur trade was closed out prematurely as USD/CAD experienced whipsaw action after the slightly disappointing inflation data for the Loonie…
Read MoreLooks like we missed out on our trade as EUR/USD came within 6 – 7 pips of our buy order before rallying up….
Read MoreEUR/CAD has managed to make its way to the bottom of the range on the back of a strong Loonie. The pair hit a low near 1.42 and hitting our max profit target at 1.4250 along the way.
Read MoreThe Dollar continued to selloff during the Asian/European trading session against the majors, except the Yen. It looks like Japan economic weakness won out against…
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 MoreOur greatest joy is not in ever falling, but in rising every time we fall.Confucius