Blogs Posts on "Trade Examples"

New Trade: Buy AUDNZD Now @ Market (Very Risky) by Daily Forex Guide on Oct 5, 2009With Aussie trade balance coming out @ 8:30pm (about 10 minutes) and the Aussie interest rate announcement @ 11:30pm this is a VERY risk trade, but I love the 1.2000 level to much to pass up. So I’m buying AUDNZD here @ 1.2030 with stops below...

Fading Double Zeros by No Brainer Trades on Jun 22, 2009Last week, we were discussing the best times to use double zeros.I argued: Not when price is making recent new highs and new lows, but rather, when price has been 'sloshing around' the zeros for a while and is already in an underlying trend. Today,...

Good Use of Double Zeros by No Brainer Trades on Jun 22, 2009Last week, we were discussing the best times to use double zeros.I argued: Not when price is making recent new highs and new lows, but rather, when price has been 'sloshing around' the zeros for a while and is already in an underlying trend. Today,...

Example: EUR/USD Short 1.2850 - Nov. 13, 2008 by No Brainer Trades on Nov 14, 2008Today we had one of the largest ranges ever on the S&P index, and its affect on EUR/USD was an initial selloff, followed by a huge spike in price. For this trade, we took a short at the high of this trend, when price hit confluence of the major diago...

Example: EUR/USD Long 1.2655-1.2640 - Nov. 6, 2008 by No Brainer Trades on Nov 6, 2008There are 2 big levels here:1.2655 (bottom of 1hr bucket)1.2640 (intersection of diagonal trendline)I went long at 1.2656 just in case 1.2640 didnt get hit. Because they were so close together, only 15 pips, it was worth risking the 15 pip drawdown j...