Category Archives: Forex

I just entered a sell short in EURJPY on the 4 hour chart.  Usually I make sure the 4 hour time frame is overbought but since I started drawing my channels along with Fib lines I thought this setup was … Continue reading →

Since my last post, My last chart showed that I had put my net out again at the same location of my winning trade to short GBPUSD.  Here is that chart again, click on chart to enlarge… Same trade on … Continue reading →

I have to be honest, today was a scratch day for me in Equities, I had 3 attempts but nothing I felt confident about to risk my capital on today, so I kept my stops tight.  I had two other … Continue reading →

Well, I just had a gift hit my trade in USDCAD which almost got me about even.  Overall I’m down about 1/3 of a “R”isk unit which is a very small loss compared to what may have happened a full … Continue reading →

Price has now moved into major resistance and has triggered two more short lots. Having the 2 extra lots, 3 total lots short is great, but I’m running out of time because I have to be flat going into the … Continue reading →

Well, my major support play never triggered as price went sideways during the early morning but by the afternoon of yesterday, price broke down so I decide to play the retracement back into the bottom of the sideways consolidation.  So … Continue reading →

I’m hoping for one more bounce before USDCAD fully rolls back over.  I have my fishing polls out, hopefully I’ll get a bite this evening sometime.  Cable players should beware, bank holiday tomorrow could be a bit more volatile than … Continue reading →

Since my last post mentioned Tuesday’s play in EURGBP, I just notice that I had not posted the play, so here it is… 08202013 H1 08202013 H4 update 08212013

After my 50 pip play short in the EURGBP yesterday, I noticed that the pattern was an excellent long, so I throw my net out again but this time in the long direction.  Here is the initial setup… EURGBP intial … Continue reading →

My Forex trades are generally my most profitable trades and I need to share them more often.  I find my Forex method most fascinating because it is a counter trend style of trading unlike my Equity trades.  So far my … Continue reading →