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Buy
AUD / JPY
The AUDJPY pair has been on an uptrend since last week. It even reached a high of 83.34 yesterday due to a resurgence of risk appetite following the new… 

Open

Entry Price 82.50

Stop Loss 82.00

Profit Target 83.00

Closing price

Read more | Updated at 18:30 on Thu, 11 Mar 2010 | 2 views | 0 comments

Missed Trade - March 11, 2010

It was quite unfortunate and a bit *stupid* in my case that I missed a chance to short the Kiwi earlier today. Yesterday, I was already planning to sell…

2 comments

Read more | Posted at 18:17 on Thu, 11 Mar 2010 | 8 views | 2 comments

Sell
EUR / USD
The EURUSD has been consolidating around the 38.2% Fibonacci retracement level that I drew (see chart above). This level magically falls in line with th… 

Closed

Entry Price Ø 1.3600

Stop Loss Ø 1.3650

Profit Target Ø 1.3550

Closing price Ø 1.3550

+50 pips

Good

Read more | Closed at 10:29 on Thu, 11 Mar 2010 | 9 views | 2 comments

Missed Trade - March 10, 2010

I missed a simple technical trade on the GBPUSD pair. As you can see from the chart above, the pair rose back to test the resistance at 1.5000 after fal…

0 comments

Read more | Posted at 09:00 on Thu, 11 Mar 2010 | 7 views | 0 comments

Missed Trade - March 9, 2010

It has been a disappointing week for me as I've lost all of the trades that I placed so far. I shorted the USDCAD at 1.0300 in my last trade. The price …

2 comments

Read more | Posted at 08:37 on Wed, 10 Mar 2010 | 13 views | 2 comments

Sell
USD / CAD
The USDCAD pair has been slowly trending downward during the past several days. Looking at the chart above, you can see that the pair is approaching its… 

Closed

Entry Price Ø 1.0300

Stop Loss Ø 1.0350

Profit Target Ø 1.0250

Closing price Ø 1.0307

−7 pips

Good

Read more | Closed at 20:51 on Tue, 09 Mar 2010 | 5 views | 0 comments

Buy
AUD / JPY
Good day forex friends! A hidden bullish divergence (prices registering higher highs and stochs logging in lower lows) can be seen in the 1-hour time fr… 

Closed

Entry Price Ø 82.00

Stop Loss Ø 81.50

Profit Target Ø 82.50

Closing price Ø 81.50

−50 pips

Good

Read more | Closed at 17:39 on Tue, 09 Mar 2010 | 4 views | 0 comments

Update on New Big Strategy

So far things were looking good but when I reviewed the data I saw that this was not really a daily range strategy it just had two big days due to big m…

3 comments

Read more | Posted at 13:30 on Tue, 09 Mar 2010 | 71 views | 3 comments

Missed Trade - March 8, 2010

The EURUSD fell back to 1.3650 after hitting a resistance at the 1.3700 handle. The pair rallied all the way up there last Friday after touching a low o…

0 comments

Read more | Posted at 20:04 on Mon, 08 Mar 2010 | 10 views | 0 comments

A Positive Week

The market's sentiment for the month of February was very much negative because of the issues plaguing Europe. Both the UK and Greece and some other cou…

0 comments

Read more | Posted at 20:48 on Sun, 07 Mar 2010 | 18 views | 0 comments

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