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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…

0 comments

Read more | Posted at 13:50 on Wed, 10 Mar 2010 | 2 views | 0 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… 

Pending

Entry Price 133.75

Stop Loss 134.10

Profit Target 132.55

Closing price

Read more | Posted at 10:02 on Wed, 10 Mar 2010 | 4 views | 2 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 09:17 on Wed, 10 Mar 2010 | 6 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…

0 comments

Read more | Posted at 02:25 on Wed, 10 Mar 2010 | 13 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 16:16 on Tue, 09 Mar 2010 | 8 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 03:48 on Tue, 09 Mar 2010 | 15 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 03:35 on Tue, 09 Mar 2010 | 12 views | 0 comments

Missed Trade: Fiber Retest (03/04/10)

I had quite a full day yesterday so I wasn't able to spend enough time studying the charts during the start of the London session. By the time I tuned i…

1 comment

Read more | Posted at 01:47 on Fri, 05 Mar 2010 | 13 views | 1 comment

Sell
USD / CAD
The Canadian economy has been performing really well lately, even holding a candle to the US and Australia's strong fundamentals. The USDCAD is on a str… 

Closed

Entry Price Ø 1.0290

Stop Loss Ø 1.0340

Profit Target Ø 1.0230

Closing price Ø 1.0320

−30 pips

Good

Read more | Closed at 04:55 on Thu, 04 Mar 2010 | 8 views | 0 comments

Missed Trade: Swissy Breakdown

There was an ascending channel on the USDCHF 1-hour and 4-hour chart and I couldn't decide whether I would play the break or the range... So I decided t…

0 comments

Read more | Posted at 03:02 on Thu, 04 Mar 2010 | 15 views | 0 comments

−25 pips

max
+25
min
−45

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