Posts Tagged ‘currency’

Saturday, December 13th, 2008

USDJPY – Short rally covering

Morning All Fellow Traders,
Had a great trade Friday – traded the short covering of the USDJPY. During the Tokyo session we saw the USDJPY fall to a low of 88.58 and start pulling up. Looking at the daily chart, this pair has been on a downtrend since June

Wednesday, December 10th, 2008

EURUSD – great long trade in the US session

Hi Again,
Another great trade during the US session was the EURUSD. Like most currency pairs during the London session, this pair was oscillating, it then took out the swing high with momentum (big bar) and MACD came above the midline. I took my first entry at 1.29559, placing my stop at 1.29379. Went in again [...]

Wednesday, December 10th, 2008

USDCHF – great short trade during US session

Hi Everyone,
Yesterday the USDCHF paid me, and it paid me again today! After an oscillating London session, I got some great signals in the US session (which starts at 8a NY time/ 1pm London time). Took my first entry at 1.2046, when the momentum low was taken out, placing my stop just above the high [...]

Tuesday, December 9th, 2008

USDCHF – good short

Hi Everyone,
I traded the US session today, and as always am pretty careful with new item – today at 3pm (London time) the home sales data for the US was out, as always I wait a good 15min after the news item to see how the market would react. The news was good, decline in [...]

Wednesday, October 15th, 2008

EurCad Hitting HUGE Resistance, is there are short ready?

Traders, the economic landscape is going to change forever. We are all living in a new day and there is NO guru that has this right, so I suggest you look at the in’s and outs. Today I shorted the AudJpy and gained 250 pips in an hour. This trade is [...]

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