Tag Archives: foreign exchange

5 Minute Trading – On a Roll – Aug 21

Another success. Five successes in the last six trading days. This puts the strategy in a great position – the maximum possible loss for the month is now just 15 pips. Maximum possible win? Current profit of 90 pips plus … Continue reading

Rate this:

Posted in Forex, Market, Trading | Tagged , , , , , , , | 12 Comments

5 Minute Trading – Thurs Aug 16

Stop out. Interestingly, the EUR/USD did trade higher initially before falling, however, not high enough to trigger the strategy’s sell order. Four more trading successes before the end of the month will deliver profit. Today’s levels:

Rate this:

Posted in Forex, Market, Trading | Tagged , , , , ,

5 Minute Trading – Rolling Wins – Aug 15

After a disheartening start, the strategy delivered a trading profit for the second day in a row, illustrating the importance of sticking with it and trading every day. Despite 8 losses and 2 profits, the higher win/loss ratio (3:1) means overall the … Continue reading

Rate this:

Posted in Forex, Market, Trading | Tagged , , , , , , | 4 Comments

Euro possibly set for a new step lower

One of the things that I have noted in recent weeks has been the relatively comfortable trending behaviour of the cross rates and the hugely erratic nature of the spot rates. This is not just from the last few weeks … Continue reading

Rate this:

Posted in Forex, Market, Trading | Tagged , , , , , , , , , , , , , , , | 5 Comments

AUDUSD – Key Moving Averages to Tell the Tale

The AUDUSD has been one of those slightly irritating trading pairs of late. Irritating because it has been tough to lump in with all the other currencies due to its often strong performances relative to currencies like the euro. Whilst … Continue reading

Rate this:

Posted in Forex, Market, Trading | Tagged , , , , , , , , , , , , , , , , , , , | 2 Comments

EURUSD – Short Term Pressure Signals Showing

Whilst I doubt it would be considered unique or Earth-shattering to express a bearish view of the Europe there are some notable signs that are visible in the market this morning – particularly on the hourly chart. When you look … Continue reading

Rate this:

Posted in Forex, Market, Trading | Tagged , , , , , , , , , | 1 Comment

Mean reversion and the great headline turnaround of 2012

Was it the news itself or the fact that European leaders found some common ground that drove markets higher? Whatever the case I think what we have seen in a number of markets is something of a bump on both … Continue reading

Rate this:

Posted in Forex, Market, Shares, Stocks, Trading | Tagged , , , , , , , , , , , , , , | 2 Comments

I don’t want to stir up trouble….however

I sometimes fear that we worry about the wrong things when it comes to the financial markets. There are always swags of things to think about and it can cover any timeframe that you care to name from where the … Continue reading

Rate this:

Posted in Forex, Market, Trading | Tagged , , , , , , , , , , , , , , , , , | 4 Comments

Euro Resolution in Less Than 20 Summits

Having not recovered from my headache of yesterday I have gotten ready for another 48 hours and more European back and forth to keep us all fascinated. On that note though there is a divide growing between the angst driven … Continue reading

Rate this:

Posted in Forex, Market, Trading | Tagged , , , , , , | Leave a comment

Risk vs Risk – Sell AUD/CAD

The AUD/CAD cross is always on my watch list. Both are considered risk or growth related currencies. Both are linked to a major economy – the CAD to America and the AUD to China. While US data is showing a … Continue reading

Rate this:

Posted in Forex, Trading | Tagged , , , , , | 2 Comments