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Missed Trade: Resistance at USDCAD's Previous High

Most pairs were range-bound yesterday, possibly because of the lack of hard-hitting data on the economic calendar. It's also probably because traders ar…

0 comments

Read more | Posted at 07:30 on Fri, 12 Mar 2010 | 13 views | 0 comments

Sell
GBP / USD
Unlike the other majors, the GBP was unable to rally against the greenback yesterday. I'm thinking this behavior would carry on today even if risk appet… 

Closed

Entry Price Ø 1.5000

Stop Loss Ø 1.5040

Profit Target Ø 1.4900

Closing price Ø 1.5040

−40 pips

Good

Read more | Closed at 16:59 on Thu, 11 Mar 2010 | 12 views | 2 comments

Buy
NZD / USD
Save for the industrial production report, economic figures from China were on the upbeat side (as usual!) with retail sales growing by an impressive 22… 

Open

Entry Price 0.6987

Stop Loss 0.6987

Profit Target 0.7100

Closing price

Read more | Updated at 14:46 on Fri, 12 Mar 2010 | 11 views | 3 comments

Sell
GBP / JPY
Here's a breakout day trade idea on the guppy. The pair has been moving lower for the past few days so I'll jump in on the trend once it breaks below th… 

Canceled

Entry Price 133.75

Stop Loss 134.10

Profit Target 132.55

Closing price

Read more | Updated at 07:36 on Thu, 11 Mar 2010 | 13 views | 3 comments

Missed Trade: Guppy Bounce (03/10/10)

I was gunning for the GBPJPY breakdown from the resistance turned support at 133.90 since I was expecting the UK manufacturing production report to come…

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Read more | Posted at 17:20 on Wed, 10 Mar 2010 | 11 views | 0 comments

Sell
USD / CHF
No top-tier economic reports are due from the US today so I'm expecting this pair to keep with its current trend. Sentiment for the euro zone could pick… 

Closed

Entry Price Ø 1.0785

Stop Loss Ø 1.0800

Profit Target Ø 1.0685

Closing price Ø 1.0765

+20 pips

Good

Read more | Closed at 12:47 on Wed, 10 Mar 2010 | 11 views | 0 comments

Missed Trade: EURJPY Retest (03/09/10)

I tried to take almost every good trade setup today to make up for the pips I missed this Monday but I still missed out on this long EURJPY trade. The p…

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Read more | Posted at 05:55 on Wed, 10 Mar 2010 | 16 views | 0 comments

Sell
USD / CAD
The lack of economic reports from the US and Canada could keep the USDCAD range-bound today. Besides, the USDCAD has been on a downtrend for quite a whi… 

Closed

Entry Price Ø 1.0300

Stop Loss Ø 1.0350

Profit Target Ø 1.0230

Closing price Ø 1.0295

+5 pips

Good

Read more | Closed at 19:46 on Tue, 09 Mar 2010 | 9 views | 8 comments

Missed Trade: Guppy Retracement

My wrist was still a little sore yesterday so I wasn't able to check out the charts and find a good trade then. Although there wasn't much volatility ye…

4 comments

Read more | Posted at 07:18 on Tue, 09 Mar 2010 | 16 views | 4 comments

Sell
EUR / JPY
Here's a simple day trade idea on the EURJPY pair. With no economic reports due from the euro zone, the pair could stay range-bound for today so I'll ju… 

Closed

Entry Price Ø 121.80

Stop Loss Ø 122.25

Profit Target Ø 121.00

Closing price Ø 122.25

−45 pips

Good

Read more | Closed at 07:05 on Tue, 09 Mar 2010 | 14 views | 0 comments

−60 pips

max
+20
min
−45

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