Some better than expected data overnight has helped to re-infuse risk inclination  with currencies showing bid on the day thus far. UK CPI surprised to the upside, holding steady at 1.8% after analysts had been looking for a drop to 1.5%, while German and Eurozone ZEW came in stronger than consensus estimates. Looking to sell the Euro on an intrad...

The dollar will probably strengthen to test $1.4070 against the euro next week as it approaches the lower bound of the 16 nation currency’s upward trend and the 50  day moving average.  “The big level where we could see real damage transpire is on a move through $1.4070,” said MacNeil Curry, a technical analyst at Barclays in New York. “...

I made a hedged trade today on the EUR/USD currency pair. I was able to get 60 Pips Long, which was a $1200 profit at 2 lots. The Short trade ended up -42 Pips for a $840 Loss. So the net result was a $360 Profit. The great thing about the Hedging Strategy from the Simple Forex Trading Course is that it really reduces risk. You also do not have to ...

On this trade I made 18 Pips for a total $538.92. I jumped the gun a bit and got out earlier then I should have. It was a Friday, it was getting late, and I wanted to get out to dinner early. I was just not as focused as I should have been. Not long after getting out of my position price rallied in the direction of my trade 20 pips. While I did lea...

Today I made 22 Pips or $220 on a trade with the AUD/JPY Currency Pair. The trade did not take too long to realize a profit and we were able to get out before the rollover time where we would have had to pay an interest swap. ...

I got a sold trade signal from one of our indicators and scaled in at 4 Lots. The trade quickly moved in my favor, I took 20 Pips for a profit of $800. I could have stayed in longer or taken some other opportunities that formed up after closing the trade, but I remembered not to try to over trade or force an opportunity that may not be there. Hinds...

Sometimes when trading Forex, an opportunity will show up that is just so obvious that you have no doubt that it will be a quick and profitable trade. This was one of those situations. We got into the position with 3 lots and made a profit of $495.14 in an hour. I spent the rest of the day doing some fall maintenance on my house and visited a local...