Pick of the Day: None
With 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 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 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 MoreTrying is the first step towards failure.Homer Simpson