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Getting into the Japanese Yen Selloff

posted by Avatar fxhottie 417 days ago in USD, JPY, Technical

The Japanese Yen has been getting beat like as rented mule on sentiment it'll be the last to exit out of stimulus. With divergence signals indicating a pullback may be around the corner, will there be another chance to jump in the trend? read more
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5 Reasons Why a Double-Dip Recession is Possible

posted by Avatar fxhottie 417 days ago in USD, Fundamental, Daily made popular 417 days ago

As positive as last Friday's NFP report was, a few market bees are buzzing that other economic factors are actually pointing to a double-dip recession in the U.S. Here are five reasons why the possibility of a double-dip recession in the U.S. is read more
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Stress Tests and the Irish Banking Mess

posted by Avatar fxhottie 419 days ago in EUR, Fundamental, Daily made popular 419 days ago

Too big to fail, you say? Judging from the results of the recent stress tests, Irish banks seem to crossing over to the dark side and becoming too big to SAVE. read more
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Intraday Short Idea on EUR/USD

posted by Avatar fxhottie 430 days ago in USD, EUR, Technical

Good morning FX fanatics! It looks like we've got short term weakness in EUR/USD after a series of not-so-favorable news reports. Imma see if I can jump into that trend if there's a retracement. Check it out! read more
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Portugal Downgrade to Spark a Down Day for EUR/USD?

posted by Avatar fxhottie 437 days ago in USD, EUR, Technical

Good morning Forex fanatics! Going through the Euro section of FreshPips.com, I saw that Moody's just cut Portugal's credit rating down two steps. Time for an intraday short play on EUR/USD? read more
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Euro Weakens as Moody's Cuts Portugal's Credit Rating

posted by Avatar fxhottie 437 days ago in EUR, Fundamental, Daily

The euro halted three days of gains versus the dollar after Moody’s Investors Service downgraded Portugal’s credit rating, reviving concern about Europe’s ability to solve its debt crisis. read more
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The Super Basics of Forex Trading and Taxes

posted by Avatar fxhottie 440 days ago in Weekly made popular 440 days ago

People say only two things in the world are constant: death and taxes. In the Forex market, I guess you could say the same thing, except that death comes in the form of losses and taxes are...well, still taxes. read more
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EU Summit Clash Looms as Irish PM Rejects Merkel Terms

posted by Avatar fxhottie 441 days ago in EUR, Fundamental, Daily made popular 440 days ago

Irish Prime Minister Enda Kenny rebuffed German Chancellor Angela Merkel’s conditions on easing bailout terms, setting up a clash as European Union leaders struggle to break a deadlock on tackling the debt crisis. read more
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Will Cable Return to an Uptrend?

posted by Avatar fxhottie 446 days ago in USD, GBP, Technical made popular 446 days ago

Good evening Forex fanatics! I thought I'd start off the week with a swing trade idea on Cable. After re-testing the strong resistance at last week's PWH and failing, the pair seems like it's on its way to test a potential support area created by read more
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The Basics of the Olsen Scale

posted by Avatar fxhottie 448 days ago in Technical, Weekly made popular 447 days ago

And I'm back to exposing forex industry secrets! This week I give you the lowdown on what the Olsen Scale is, and why it's helping a lot of traders gain more pips... read more
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Keeping Score

posted by Avatar fxhottie 449 days ago in Weekly, Trading Psychology made popular 449 days ago

When keeping a journal, it ain't enough to just scribble your trade ideas and record the results of those trades. You also need to know what to do with the data that you have and how to interpret it to help you improve as a trader. read more
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Potential Resistance Play Setup on Cable?

posted by Avatar fxhottie 452 days ago in GBP, Technical, Fundamental made popular 452 days ago

Good evening! It's been a hot minute since I've posted as Forexgump called me away back to Piptropolis for an emergency...he didn't know to set his DVR to record the Oscars! WTH! So, I'm back with a day trade idea to play upcoming UK data. Check read more