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Recent Posts
- Daily Forex Market Commentary EUR/USD, GBP/USD, EUR/JPY May 17,2012
- FX EUR/USD, GBP/USD, USD/JPY Daily Commentary May 16, 2012
- Forex Daily Market EUR/USD, GBP/USD, EUR/JPY Commentary May 15, 2012
- Forex Market Commentary EUR/USD, GBP/USD, EUR,JPY May 14, 2012
- Daily Forex EUR/USD, GBP/USD, EUR/GBP Commentary May 11, 2012
- EUR/GBP London Session Live Room Trade May 10, 2012
- Forex Market Daily Commentary EUR/USD, GBP/USD May 10, 2012
- Asian Range Stop Run Day Trade EUR/GBP May 9, 2012
- GBP/USD NY Reversal Trade Setup: May 7th 2012
- Forex Commentary EUR/USD, GBP/USD May 9, 2012
- FX Daily EUR/USD, GBP/USD, Commentary May 8, 2012
- Daily Forex EUR/USD, GBP/USD Commentary May 7, 2012
- Protecting Your Financial Future – Lesson’s From 1929
- EUR/USD, GBP/USD, EUR/JPY Daily Forex Commentary May 4, 2012
- FX Daily EUR/USD, GBP/USD Commentary May 3, 2012
- Daily Forex Commentary EUR/USD, GBP/USD, EUR/JPY, GBP/JPY May 2, 2012
- Forex Daily Commentary EUR/USD, GBP/USD, EUR/JPY May 1, 2012
- Daily Forex EUR/USD, GBP/USD, EUR/JPY Commentary April 30, 2012
- BOJ Monetary Policy Stop Run April 27th, 2012
- Forex Commentary EUR/USD, GBP/USD, GBP/JPY April 27, 2012
Archives
Monthly Archives: February 2012
EUR/USD Fx Commentary February 28, 2012
The EUR/USD is going to be interesting to trade over the next couple days. With the S&P downgrading Greece to Selective Default and the German parliament voting overwhelmingly to give Greece the next bail out things are only going to get more … Continue reading
Fx Commentary EUR/USD February 27, 2012
Its not very often I add a news source to my long list of providers. With Bloomberg, Reuters, FT, Forex factory and most often Zero Hedge I have plenty of places to keep me up to speed on the news. … Continue reading
Forex EUR/USD Commentary February 24, 2012
So all is good in the world as of yesterday. The EUR/USD rallied well above 1.3300 and will most likely challenge 1.3400 today. US unemployment claims were outstanding and the US 7yr treasury auction went off without a hitch. Even … Continue reading
GBP/USD and GBP/JPY trades February 21, 2012
Today was a great trading day. Of course I did the same thing as always and waited for the SM to show the trap move after the accumulation and got short the GBP/USD from 1.5854. It even came back and … Continue reading
GBP/USD Forex Trade February 20, 2012
Trading the GBP/USD was the wrong choice for today given the fact that the EUR/USD made a nice 70+ pip move while the Cable just meandered around but thats forex trading for you. Facing the fact your not going to … Continue reading
Fx Commentary EUR/USD and GBP/USD February 23, 2012
Today I want to give everybody a break on the Greek ordeal other than to say Fitch came out and downgraded them yesterday. It seems they are most often late to the party. Oh well at least they still get … Continue reading
Day Trade EUR/USD February 17, 2012
This EUR/USD trade was a great level 2 trade even though I missed the first entry. I should have made over 60 pips which would have been 3 t0 1 on my 20 pip risk but I did manage to … Continue reading
EUR/USD Day Trades February 16, 2012
Here are my EUR/USD day trades from Thursday Feb 16th. We feel its just as important to post the losers as well as winners and this day I took 2 trades and lost a total of 25 pips for the … Continue reading
Forex Commentary EUR/USD February 22, 2012
In todays commentary I wont mention that we have the Greek deal. Mainly because even though its made muster with the EZ finance ministers there are still some road blocks ahead check out these two articles from Zero Hedge. One … Continue reading
EUR/USD Forex Commentary February 21, 2012
As I mentioned in yesterdays forex commentary the IMF had began working on the estimates for the Greek debt to GDP and had come out with a preliminary estimate of 129% by 2020. ( I was off by 6% but does … Continue reading
Fx EUR/USD Commentary February 20, 2012
As I was talking to one of our students over the weekend he asked me what I thought the Euro would do this week. I told him I expected a gap up and a push considering what I just saw. I … Continue reading
Forex EUR/USD Commentary February 17, 2012
So now all is good in the world and the rally is back. Well not so fast. Of course we had the direction of the market right yesterday as we tracked the Smart Money but they had a bit more … Continue reading
EUR/USD Day Trade February 15, 2012
The trading day didn’t start off so well with an aggressive entry and a -15 pip hit. However it ended great with 2 positions. One getting stopped by a couple pips at +58 pips and the other I closed manually when I … Continue reading
EUR/USD Fx Commentary February 16, 2012
I cant help but notice all the BS that has been floating around the markets yesterday. All of a sudden again China is going to help the EZ by investing in the EFSF. At the same time the Chinese say … Continue reading
Fx Commentary EUR/USD February 15, 2012
Well guys Greece is not out of the woods yet. They are seemingly falling off the radar but still being watched. Yesterday the leader of the EZ finance ministers Jean-Claude Junker said Greece hasnt yet met all the conditions to get the … Continue reading
Recent Trade February 13, 2012 EUR/USD
This turned out to be a beautiful trade but took for ever to show me the money. The first entry was taken after the 2 pins to the high of the day but was a bit aggressive and I did … Continue reading
Recent Trade February 8, 2012 EUR/USD And GBP/USD
These 2 trades turned out very well. Looking at the Euro chart first it had made a 3 level rise from the lows of Asia. (notice there are no red candles but 2 hesitations where the SM was absorbing stops) The … Continue reading
Posted in Recent Day Trades - Forex Trade Setups
Tagged day trade, Day Trading, eurusd, forex education, gbpusd, trading strategy
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Forex Commentary EUR/USD February 14, 2012
First off I should apologize for skipping yesterdays commentary. I thought since I put out a weekly wrap up that I would give Greece a break and you guys for that matter. I received a lot of emails asking what happened so I am … Continue reading
EUR/USD Commentary Weekly Review February 11, 2012
I usually dont do a weekly review for the forex market commentary unless its warranted and this week it is. I had to laugh when Steve commented on yesterdays commentary when he said “Greek deal? Yea riiiiight” I have really … Continue reading
EUR/USD Forex Commentary February 10, 2012
So now we have a debt deal for Greece. Yee Haw! Or do we have a deal? Something in my gut tells me it has more prospect to be a deal in words only but lets enjoy the fact that … Continue reading
Non-Farm Payroll – Should You Trade Forex News?
The debate over trading forex news is something that has been around for a while, and now a days it gets a bit more attention. Many say that the markets reaction to economic data has become unpredictable and therefore you … Continue reading
Fx Commentary EUR/USD February 9, 2012
In todays commentary Im going to give you all a break on Greece and we are going to discuss France where they have a presidential election coming up. Its sure looking as tho Sarkozy is going to lose. After being … Continue reading
Fx EUR/USD commentary February 8, 2012
All seems well in the world judging by the 150+ pip rise in the Eur/Usd yesterday. However as I go through all my news feeds I really dont see that much has changed. The Greek deal still hasnt been finalized … Continue reading
EUR/USD Fx commentary February 7, 2012
The Euro yesterday was plagued with rumors about rumors on the Greek fiasco. First the politicians are blowing past the deadline. Then they say there was no deadline LOL. They are holding steadfast on not implementing wage and bonus reforms. Then they are giving in. … Continue reading
Forex commentary EUR/USD February 6, 2012
With Fridays Non Farm payroll numbers in the past its back to trading as usual . However there are many questions to be answered considering the much better than expected numbers. The fact is the Bureau of Labor Statistics did change … Continue reading
Forex EUR/USD commentary February 3, 2012
Happy NFP day everyone. Pretty much as I expected yesterday was fairly muted and the Euro was in a 50 pip range until the Chinese stepped in and said they are looking at dumping cash into the ESM and EFSM … Continue reading
Fx commentary EUR/USD February 1, 2012
Again the Eur/Usd commentary is started with Greece in the cross hairs. I know it seems to be beating a dead horse but we simply cant ignore what is going on since the abrupt changes are happening left and right. Yesterday the Greek … Continue reading
Forex Commentary EUR/USD February 29, 2012
The EUR/USD did not act quite as expected yesterday although my short did run 60 pips before it came back to hit me break even. I expect this V bottom on the 15 minute chart during the US session was … Continue reading →