Russian Central Bank admits defeat. Could be a lot more Ruble weakness. However, with that said, seeing as the rate makes new lows (highs USD/RUB) almost everyday and with headlines like these, I think we're very due for a bounce. Short 40.0011 ...

USD/RUB

Ordinarily, a Trade Balance that far exceeds the forecast is bullish for a currency, but since the NZD value is so high right now, and their Exports far exceed their Imports, I don't see how this can benefit the NZD. A much weaker NZD would seem to ...

NZD/USD

Update from my post on the weekend: Well that certainly paid off! lol Had to cash out after a day like this... Gold pulled back nice to, but missed my 1245 entry by a hair as it only climbed to 1242 earlier this week. Did anyone notice the GPB/AUD ...

Weekly COT report Analysis + Trade Ideas

My post summer outlook: Hey everyone, hope some of you caught some nice gains on the Euro shorts last week... I missed a lot of that ride down (happened way sooner than I thought, but I did have a pretty profitable week playing other pairs)... ...

Weekly COT report Analysis + Trade Ideas

My post summer outlook: Hey everyone, hope some of you caught some nice gains on the Euro shorts last week... I missed a lot of that ride down (happened way sooner than I thought, but I did have a pretty profitable week playing other pairs)... ...

Nearly Naked (Simple Trades)

Ya, I was hoping for an opportunity to start loading some more EUR shorts.

Nearly Naked (Simple Trades)

Especially on the EUR/JPY! over 119.00

Nearly Naked (Simple Trades)

Ya, it could go either way tomorrow... I'm going to be safe and close all the longs added under 90.00 since it's up around 90.50 now; better to be safe than sorry... I'm still holding the others for 97-100... this can take a long, long time though.

Weekly COT report Analysis + Trade Ideas

I gotta say, even though I'm a medium-term USD bull, I'm buying some AUD and CAD after today! I can't believe my AUD short got covered at 0.8800... and to think I could've almost gotten 0.8700 out of it; absolutely amazing!

Nearly Naked (Simple Trades)

Holy moly, my short got covered at 0.8800 while I was at work... was hoping to get that some time next week! lol

AUD/USD

That was unreal! Especially the crosses, with the EUR/JPY dropping 1000 pips since last night! As far as USD/JPY goes, I can't believe all my shorts got closed (was hedging this pair on MT4) while I was at work and some longs got triggered that I ...

Weekly COT report Analysis + Trade Ideas

What's your TP? I was thinking of shorting around 1200; but I still think it test 1220 again, not saying it won't get a nice retrace after 1200 first though. Had a small long position earlier from 1177-1190 that I cashed out and am sitting tight ...

Weekly COT report Analysis + Trade Ideas

Always better to be safe than sorry and set the stops to BE; the dollar has been a rocket ship lately and the market's are finally getting their long due correction... been waiting a long time for this.

Nearly Naked (Simple Trades)

Hope some of you guys banked on the USD/CHF short; it came swift and quick this morning... here was my reasoning yesterday (posed on the Euro forum) about shorting the USD/CHF over going long the EUR/USD. url image May 5, 2010 3:00pm (16 hr ago) ...

Nearly Naked (Simple Trades)

Sometimes you just gotta go with the gut... hope some of you shorted the USD/CHF as a safer play than going long EUR/USD.

EURUSD

I have a daily RSI reading just shy of 20.

Nearly Naked (Simple Trades)

Check out AUD/NZD guys; it's extremely oversold... I've mentioned this trade being long in the tooth a while ago and rode it down several hundred pips... I'm completely reversing my position now while it's under 1.2500... targeting 1.2595 to be safe ...

Nearly Naked (Simple Trades)

I'm in, 1.1190 looked too good to pass up pulling up a daily chart... targeting 1.1000

Nearly Naked (Simple Trades)

I have a feeling the SNB will just throw in the towel soon and quit trying to mimic the EURO and instead allow the CHF to freely appreciate against it for now... but only to catch people off guard; then they'll likely flush out a bunch of traders ...

EURUSD

Is it just me, or does the EURO seem like a pretty safe bet to get at least 1.30 out of it on the long side... not sure how high it'll go over... but it seems a given... look at the GBP when it lost 1.50, the USD/CAD when it lost 1.0000.... these ...

Nearly Naked (Simple Trades)