Thanks Ody

EURUSD

How I see the eur/usd possibly panning out — As far as the Euro goes. I wanted to point out a few things as we see a potential head and shoulders pattern on the 4 hour chart with the neckline at about 1.38 targeting 1.34-35. So even though I ...

EURUSD

Interesting things taking shape. — So today we heard from Bank of Canada's Governor Carney who actually caused a huge pullback on the usd/cad after increased risk sentiment and rising crude oil prices pulled the USD/CAD down to its support ...

Maxsmarts Trading Journal and Discussion

USD/CAD down in trading because of trade balance — So Despite oil prices dramatically increasing over the last few days, the CAD has not been able to gain much ground against the dollar. In addition, we received a negative trade balance from ...

Maxsmarts Trading Journal and Discussion

Finally making some headway — Still long from 130 and targeting 145. As you can see we finally made some headway as we broke through the flag pattern on the weekly chart to the upside. We are getting a bit of a pull back this week; however, ...

Eur/JPY 1,500 pip prediction

Charts will be up soon still wating on ac adapter. — Still waiting on my ac adapter for my laptop. But if you take a look at the other charts and posts it shows why i entered long mode for the medium term on the eur/usd on the break f the ...

Maxsmarts Trading Journal and Discussion

This is a get rich quick game IMO. Maybe not one year but... — I dunno. I agree that you shouldn't risk very much. But I also think that you forex can be a get rich scheme for me. About 4 years ago, I started Forex with a $250 mini-account. ...

Your Account Stories

Option expired — The option I sold expired out of the money on the Eur/USD. I get to keep the entire premium. Profit made: $1,080

Maxsmarts Trading Journal and Discussion

Long Eur/usd early here at 1.3865 — long here targeting 1.4180. Stop at 1.36

Maxsmarts Trading Journal and Discussion

1.4180 — 1.4180 is also the 50% retracement from the dollars rally from 1.60. In addition, 1.42 is the target projection from the breakout of the flag pattern on the daily chart back on april 29th. Therefore, 1.42 is my profit target. Though ...

EURUSD

Long GBP/JPY on Ostensible breakout of 150 — Long spot market GBP/JPY here at 152.50. Targeting 165. Stop loss: significant close on the daily chart below 150

Maxsmarts Trading Journal and Discussion

Planning to re-enter long eur/usd at 1.38 — Limit buy @ 1.38 for eur/usd in the spot market. stop loss @ 1.36 and profit target @ 1.4180.

Maxsmarts Trading Journal and Discussion

Bought 2 lot put on USD/CAD — I bought a 2 lot put on the USD/CAD at 1.1250. Premium payed: $3,360 or 189 pips. Option expires Jun. 18th. Targeting 1.0650.

Maxsmarts Trading Journal and Discussion

So about 2 months have gone by since my prediction.. — So its been about 2 months since I made the 1,500 pip prediction on the EUR/JPY. Taking a look at the weekly chart you can see that we are in a consolidation phase below 135 in a ...

Eur/JPY 1,500 pip prediction

USD/CAD Weekly breakout — Here is a post of the weekly chart for the USD/CAD showing the breakout below the 1.1450-1.15 region. We had a strong close below this region and as you can see the next support level is not until the 1.0650 level. ...

Maxsmarts Trading Journal and Discussion

We have a breakout on the USD/CAD — On the daily chart we had a breakout on the USD/CAD a while ago through the 1.15 support level. The weekly charts next support level is 1.07 and then 1.05. I'll be looking to buy a put next week and I will ...

Maxsmarts Trading Journal and Discussion

Wow I got out of that call way to early on the pound. — I got out way to early on the call at 1.50 on the GBP. Its all the way up at 1.59. The SP downgraded its prediction on the Uk economy to negative but that has done very little to slow ...

Maxsmarts Trading Journal and Discussion

Exiting eur/usd here at 1.40 before weekend — Out of long eur/usd trad ahead on the weekend at 1.40. Profit made 228 pips after pip spread or $2,280.

Maxsmarts Trading Journal and Discussion

Equites and the direction of the USD diverge — Treasurys are up, equites are down, and the USD is still taking a beating. From a technical perspective still targeting 1.40 initially and then 1.42.

Maxsmarts Trading Journal and Discussion

or you could do the opposite — Thats a nice statement. But technically since, 95% of forex traders don't make money. You could take the common consensus of this forum and do the opposite of it. lol

EURUSD