Category Archives: Forex

My long play in AUDUSD just ended with 4 lots triggering long buys, 1 of which stopped and the other 3 all went to their 40 pip take profit targets, a nicely profitable trade on somewhat of a failed transition … Continue reading →

 I called out this possible trade setup on Sunday night and I even canceled my limit orders on Tuesday but AUDUSD started to roll over at the 1.04735 area and head south in a hurry, so I put back on … Continue reading →

 I’ve got my hooks out at 1.0361 for my first lot, I’m looking for a 40 pip profit on the trade.  Not sure if I’ll get a bite this Sunday evening but I’ll play it if no other pair looks … Continue reading →

Here is the update on my AUDUSD trade, 40 pip profit taken! AUDUSD update

After USDCAD rolled over last night without triggering my short, I switched to AUDUSD which looked like it just may set up and it did overnight.  I’m in short at 1.0576 looking for 40 pips of profit below at 1.05760. … Continue reading →

Just throw my hooks out on this trade, limit orders set at .9950 and .9970 areas with a 40 pip take profit areas set as well.  I feel I should hook one overnight and both would be better…  Here is … Continue reading →

Finally first take profit area has been taken out and price is headed for the final take profit area of 1.05110.  I’ve lowered the final profit area just a bit to make the trade profitable.  As I mentioned yesterday I … Continue reading →

I lost two lots short at noon during the Fed announcement.  This is one of the few times that I had a trade going during a Fed announcement and I decide to leave it on.  To many times I kill … Continue reading →

My trade in USDCAD finally trigger late yesterday afternoon.  I let the trade run all night long and price never bounced like I expected.  The price action was just consolidating allowing the moving averages to catch up.  I let the … Continue reading →