Trade Ideas

Hello 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.

Cable rallied ahead of the European open to 2.06 before dropping 100 pips as the Greenback rallied against the majors.

After hitting our first profit target this morning, USD/CHF found support and rallied back up to our entry level where we adjusted our stop.

Well, 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

Well, 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

Well, it looks like it’s all about Cable once again! We have UK Retail Sales as the big event for the European trading session.

Good Morning! Just a quick review of our short on USD/CAD.

Our 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

Good 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.

Well, the market was expecting weak UK CPI data and what did we get? Strong data of course!

Well, 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.

Greetings 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.

Greetings! 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.

Looks like no trade today. We did see volatility in USD/CAD after the Bank of Canada decision to hike rates to 4.5% and hinted at one more hike in 2007 as a possibilty. Unfortunately, it wasn’t enough for

And we are once again short EUR/GBP at the new entry price of .6760. The pair did make a run up towards .6780 before turning lower and trading below our entry price

We will close our open position in USD/CHF and we will not enter any new trade orders ahead of the Non-Farm Payrolls report which is due out at 8:30 am EDT later today. The ADP Non-Farm Payrolls data has been

Hello friends 🙂 We only managed to get in only one trade last month as all of our entries were narrowly missed before they went our way. It looks like I may need to

Pip count for June…

Our trade stopped out ahead of the FOMC statement as market players bought USD and sold Euros. USD buying continued as the Fed held rates at 5.25% and as their statement indicates

The Aussie continued to drop during the morning Euro trading session as risk aversion and profit taking continued on higher yielding currencies. Gold is also taking a hit as