Hello everyone,

One of the most important factors as a serious Forex trader is to know when things are turning sour and your better shut down your trading station. Today was a fine example indeed!

I had five setups lined up on my Watch List ready to get some action. However, within the first half of the London session, all their respective trade plans had already been violated. I was basically looking to trade breakouts in the direction of the trend whereas the actual breakout took place in the other direction.

At that time, barely around noon London time, I did shut down the station and called it a day. You know what the say: you must live to fight another day…



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Hello everyone,

I hope you all enjoyed your weekend!

Today I was following two setups on the Forex markets:

• AUDNZD 4H: I was searching for a short entry on this beautiful downtrend below the 1.1300 level, but price broke through like a juggernaut without hesitation so the whole thing was pretty much void early in the morning
• GBPAUD 1H: I was liking a long entry upon the breakout of the 2.3450-to-2.3500 range. Unfortunately the breakout took place right as the London session was coming to an end and I decided it was too late for me to trigger an intraday entry. Now looking at it in hindsight I sure would have loved to grab than breakout: 100-pip straight through CHOOO CHOOOO!!!

Look at GBPAUD now…

Hello everyone,

Sorry for not having updated the blog over the last few days but the truth is that there’s been little to update on. I didn’t take any trade on the last Thursday or Friday so I’ve been basically enjoying a long weekend with my family. Quite frankly, the charts have been rather ugly as per my system over the last few days and as you guys know I am a shameless chicken when it comes to trading: either the charts look candy-pretty or I hug my money tight and sit it out until sweeter times come by.

This upcoming week is going to be my last trading week for the year before the Christmas break, so let’s hope we can make some pips before jumping into our Santa Klaus outfits :)

See you tomorrow Monday morning for some trading action!


-HECTOR-

Hello everyone,

Today I was following two currencies, the EUR and the NZD, in order to search an entry on either of those two currencies. My main bet was the recent kiwi-strength we’ve seen across the board as of lately and eventually I saw my opportunity on the EURNZD based on a 4H time frame setup upon a range breakout.

The trade moved in momentum for about +150 pips in my favor where I decided to trail my stoploss to breakeven. Unfortunately, the Forex gods figured that I had been too aggressive with my targets and price retraced back to entry levels knocking me out of the position at +0 pips. It always suck to see 150 pips slip through your fingers, doesn’t it?

Other than that, the trade I had open on NZDCAD since last Tuesday hit its final target for +165 pips, having previously exited the first half of the lot size for +62 pips. So +113 pips on average on this trade. Not too shabby.

Here below you may watch those two trades: the first video being the NZDCAD trade and the second one being the EURNZD trade.






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Hello everyone,

Finally the Interest Rates are out of the way and we can search for trades in a calmer fashion!

Today I have been sitting on my hands all day long for the Fed announcement which, as expected, went through with the 0.25% cut the market had expected. That rates cut is of course already priced in so in my opinion the status quo remains unchanged and I see no reason for the long term US$-bearish trend we’ve gone through during most of the year to end. In fact, I am myself looking for the first opportunity to hop onboard and I think both the EURUSD and USDCHF are setting themselves up to give the signal soon. I will be watching those two charts very closely over the following days hoping to ride a long-term position against the green buck.



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