Daily Forex Guide

Trade Update EURUSD

AD — Tue, 04 May 2010 12:48:21 +0000

I’m closing the long EURUSD now @ market (1.3098) for +18 pips.

New Trade EURUSD

AD — Tue, 04 May 2010 12:20:14 +0000

We’ve seen continued EURUSD weakness overnight but we should find good bids here below 1.3100, so we’re buying @ market (1.3080)

Trade Update USDJPY

AD — Tue, 04 May 2010 11:42:42 +0000

Our short trades isn’t working out as planned so we’ll take this oppotunity to close it for a minimal loss @ market (94.50) for -25 pips.

New Trade USDJPY

AD — Mon, 03 May 2010 11:44:47 +0000

Hey everyone, we’re starting a new month after a great April and I expect a lot of action this week. We’ll definitely be watching the elections in the UK as well as Non-Farm Payroll on Friday. I’m starting out the week by selling USDJPY here at the market (94.25).

Trade Update EURGBP

AD — Wed, 28 Apr 2010 11:09:45 +0000

I’m closing the long EURGBP now @ market (.8694) for +24 pips. Staying flat for now.

Trade Update EURJPY

AD — Tue, 27 Apr 2010 23:28:03 +0000

I’m closing the long EURJPY now @ market (122.87) for +47 pips. I’ll look to re-establish a mid-term long position around the 122.20 level.

New Trade EURJPY

AD — Tue, 27 Apr 2010 21:39:04 +0000

We’re buying EURJPY @ market (122.40) off this huge move lower today. There should be good bids down around this level.

Trade Update USDJPY

AD — Tue, 27 Apr 2010 18:09:30 +0000

I’m closing USDJPY now @ market (93.20) for +30 pips.

New Trade USDJPY

AD — Tue, 27 Apr 2010 16:06:12 +0000

There’s been a lot going on today with the Goldman Sachs Senate hearing, dowgrades in the EU and talk from Trichet, huge moves specifically negative for EURUSD. USDJPY has formed a base and has good protection down there so we’re going long USDJPY @ market (92.90).

Trade Update

AD — Tue, 27 Apr 2010 14:36:57 +0000

Closing long EURUSD and short USDCHF now @ market (1.3325 & 1.0772) for +40 and +23 pips. Staying long EURGBP for now.