Category Archives: Winning Trades

27 March 2012 – 0606 EST – GBPUSD Short

The 3 minute chart presented 2 opportunities for trades this morning during the London session on the 3 minute chart.  I did not take advantage of the long trade at 0357 EST, but I did execute on the short at … Continue reading

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2 Small Scalp Trades Today in EURUSD

There was low volume this morning in the 6E at the European market open (0300 EST) so I stood aside on the early morning trades.  Just after 0700 EST, when the London and US markets start to align, I found a … Continue reading

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16 March 2012 – 0706 EST – 6E Long Scalp Setup

Today might be a tricky day to trade the FOREX futures, because the volume in the March contract has now flipped mostly, but not entirely, to the June contract.  Regardless, the image below shows the long setup in the 6E that … Continue reading

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15 March 2012 – 1022EST – EURUSD Long

I passed on this trade because some of the bars leading up to it were very…well…non-directional.  It would have been good for 8 ticks plus a decent runner with a few opportunities to exit rather profitably.

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15 March 2012 – 0628 EST and 0821 EST- EURUSD Scalp Trade

I have been using a 6E futures 450 tick chart to scalp the EURUSD FOREX currency pair.  I had a short signal on the 6E at 0628 EST this morning at 1.3049, I got in a little late at 1.3047 so I … Continue reading

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Directional Call in GBPUSD – Final

Well, a bit of news pushed the CABLE up and hit our stop at 1.5781. 59 pips to the good.

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Directional Call in GBPUSD – Update 2

Well the GBPUSD currency pair moved back down on the 4 hour chart but as you can see the Bollinger Band indicator is contracting.  When the Bollinger Band contracts, this typically signifies lower volatility. Anyway, I would be tightening my stop to … Continue reading

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14 March 2012 – Pound versus Euro

Look at the 2 charts below.  You can probably see why I like trading the GBPUSD over the EURUSD on the 3 minute chart. The Pound likes to pay credence to the 4 hour pivots much more than the Euro … Continue reading

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13 March 2012 – Choppy Market

Although some substantial moves occurred this morning in both the EURUSD and GBPUSD currency pairs, the 15 minute and 3 minute time frames were not in sync for much of the move(s), so I stood aside. I did take 1 countertrend trade … Continue reading

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12 March 2012 – 1003 EST – GBPUSD Short

I took another short at 1003 EST in the GBPUSD pair at 1.5627.  I only shorted 2 contracts, so my target options were rather limited.  I exited my first contract when price retraced back towards the 10 period EMA for … Continue reading

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