I nice way to end the week. Traded the CAD for the first time in long time. There was strong news that moved the pair so I waited for the setup to form and traded it back into the trend directon. Not too complicated. I watched the AUD/USD make a strong push up and the EUR/USD followed so I looked to get in the EU on the pullbacks trying to catch the push up.
Thursday, March 20, 2014
Wednesday, March 19, 2014
Monday, March 17, 2014
I typically only trade the EU. The past week I have been exploring other pairs to get more HP setups. My initial take is the Yen pairs can be too unpredictable during high volume hours. So I will be more selective about taking Yen setups and keep my focus on more stable pairs with very tight spreads.