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Long Term Trade? EURUSD
I’m in the Euro US Dollar trade again. This time I decided to try and make a long term trade. We’ll see how long that lasts, I am notorious for closing trades when I see a profit. At least I don’t...
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Daily Chart Euro Long
After the beating I got yesterday, I am surprising my self that I am back at it again. But today I decided to change things up a bit and take advantage of the London trading time. It seems like they...
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Daily Chart EURUSD Wedge and Short
What a week it’s been already! First there was a flight to save haven currencies, then the dollar was sold off. The Aussie’s been under pressure even though gold prices have been rising, the US stock...
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Daily Chart AUSUSD
Today’s daily chart set up is the opportunity presented on the AUD/USD 15 minute chart. I have a 20 period moving average set up. On this time frame chart, that means that each candlestick represents...
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Daily Chart EURUSD
Today I entered a short Euro trade. I have the daily pivot points up on the 15 minute chart. As you can see, the price is between the 200 moving average and a 20 period moving average. I believe the...
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Daily Chart EURUSD Short
Enter Short at 1.42 I entered a short trade at about 1.426 today. I am expecting further losses for the Euro. However, I have a tight stop incase the market decides to rally today. If todays daily...
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Daily Chart USDCAD Entry Orders
Today I placed double entry orders on either side expecting a sideways market. A breakout to either direction will trigger a long or short trade. Double entry orders long and short The markets are...
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Daily Chart USDCAD Long
Today I placed a trade long the US Dollar versus the Canadian Dollar. My analysis was based on the upward momentum of the exponential moving averages and the fact that the price is sitting directly on...
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Good News for the Euro?
The Euro looks like a solid play today. I missed the move overnight though. The news was released today about the German producer price index and it seems to have beat the expectations so the Euro rose...
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Is This Euro Short a No Brainer?
After getting in on the wrong side of the trade the other day on the Euro, I decided to get back in today. Monday morning is hit or miss in trading. It’s the first time that the US markets can trade...
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