Wow what a great summer it’s been!!!
Alright folks,, it is now September and we are back in business. It has been a great lazy August. We spent the month of August enjoying the fruits of our labor. We Just have a few more days before labor day, which is the official end of summer. After that everyone will be back on [...]
EUR/YEN Trade this morning…
The EUR/YEN gave us some beautiful pips this morning. The Euro showed a lot of weakness against both the yen and the greenback. I personally opted to take the EUR/YEN, but you could have taken both. Below is the the chart from todays trad….enjoy!
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Sometimes repetiton pays…
This is an excerpt from a post written back in March when everyone was just a little or should I say very scared about the future. Now that the sun is shining and the indices are showing some strong gains, individuals may tend to get a little lax. So this is just a reminder for [...]
Great way to end the week folks…
We took this 34+ pip winner and closed out the week in the solid green. Some FXPOWER! traders held on longer and took a few more pips out of the breakout. This is a perfect example of how traders that know what what to look for and don’t get sidetracked by market conditions. Don’t get [...]
GBP/USD Short Trade…
Colecting pips is easy when you know what to look for. This was a solid 55pip winner. In my humble opinion, I think we have a real cash cow on our hands.
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Trading the EUR/USD this morning…
So here we go again with another winner. Just follow the momentum folks. No need to try to catch tops and bottoms. We entered this trade at 17:00 gmt and took 50 pips out of this move.
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Looking for a play…?
As the spring and summer continue on, many traders and investors have very different out look for the majors. I think the only pairs that the masses seem to agree on are the commodity currencies such as the AUD/USD which have had a fantastic run.
I personally feel that the luster maybe coming off of the [...]
San Diego vacation…
Well guys we are on Vacation in what supposed to be sunny San Diego, but it has been for the most part cloudy. We are still enjoying the city very much. If you ever get a chance to visit, go for it. even though we are on vacation, the markets are still on our mind. [...]
Insightful commentary as always…
From our friends at SaxoBank:
Market Comment:
The UK’s RICS House Price Balance continues to show improvement, with only 44% more estate agents seeing falling rather than rising prices vs. the low of worse than 90%. This improvement will begin to show up in the lagging housing surveys like the DCLG survey out this morning. Still, negative [...]
See how we make a killing every trading day!!!
