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EURUSD broke to a new 6-month high 20 Aug 2013 | 07:33 pm
The Eur/Usd forex pair saw a maxium of 1.3441 so far today. It’s holding well above temporary support at 1.3415r. I expect the pair to keep going up to above 1.36. Saw I opened a small long at 1.3430
Sluggish summer trading 16 Aug 2013 | 07:11 pm
These days forex trading presents the challenge of not overstressing yourself but rather the opposite – you will be yawning all day if you sit on front of your trading platform. Not much is happening ...
This site is for sale 17 Jul 2013 | 06:42 pm
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The best trade for this week was a long USD/JPY 22 Jun 2013 | 03:02 pm
The last few days saw a gradual increase in dollar longs. The Fed’s chairman Bernanka hinted at tapering again, and every man and his dog climbed up on the bandwagon. It looks like the USD/JPY long tr...
Forex trade #160: Adding some at 1.2509 22 Aug 2012 | 11:13 pm
It’s 19:09 London time. I just made an addition to my EUR/USD short. Things are going really slow in the forex market these summer days, but a storm is imminent. My target: 1.00
Forex Trade #160: About 1,200 pips in profits 12 Jul 2012 | 08:02 pm
The EUR/USD forex pair is trading at around 1.2180 as of writing this rather short note. This means my position is making me about 1,200 pips (in addition to that, I also doubled at 1.2577, remember?)...
Forex Trade #160: About 1,000 pips in profits 6 Jul 2012 | 04:42 pm
Not bad for a forex fan (as opposed to a forex “pro”). EUR/USD is currently sitting at 1.2390 awaiting the NFP report coming at 13:30 London time.
Forex Trade #160: I am doubling my short @1.2577 29 Jun 2012 | 06:03 pm
Hello guys and gals, I just doubled my short EUR/USD position at the level of 1.2577 I repeat my target: parity (1.00) I couldn’t help it after seeing the spike up that happened during the Asian sessi...
Forex Trade #160: Short-lived euro euphoria 11 Jun 2012 | 10:42 pm
The forex market for EUR/USD opened with a gap up, but the short squeeze was short-lived and the gap was filled by soberer forex traders within the day. The market pushed the euro even lower than just...
Forex Trade #160: Hurray, hurray, Spain goes the Greek way. 11 Jun 2012 | 02:04 am
Spain has been provided a 100 billion euros in bailout money. They were basically made to take it, it seems from all the reports. The lender looks more desperate than the borrower. Sounds like Europe ...