« February 2007 | Main | May 2007 »

March 29, 2007

EURUSD Trade Idea - 1 hour

A break above the green dashed line should carry the EURUSD to the 1.3400 mark. A break below the blue trendline should carry the pair to the red dashed level at 1.3260.

Remember, you're the master of your own trading fate. Do your planning. Manage your risk. Keep your account. Never get a margin call.

GBPUSD Trade Idea


It's time for another trade idea. I am particularly interested in a buy trade -- for at least 30 pips and as many as 50 -- if the pair falls and hits the 1.9200 mark. A 50 pip stop should be adequate. Here's the chart.

Remember all that business about you being responsible for your own trades. Never risk more than 1% on any single trade.

March 07, 2007

USD/CAD Short Profits



The chart above shows that the USD/CAD rose to 1.1800 and almost immediately pulled backwards to 1.1730. That was easily enough of a pullback to give us 30 pips. I hope that you got a chance to take the trade.