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    • dbutton1990 replied Feb 15, 2015

      NZD is up against the USD right now according to XE. If retail sales beat expectations we should be taken in via our buy limit. I anticipate a further correction against the dollar this week. After the NZD data we have JPY data. A Sunday full of ...

      Trading the news
    • dbutton1990 replied Feb 15, 2015

      From forexcrunch.com.... The US dollar was on the back foot against most currencies in the past week. Japanese GDP, German Economic Sentiment, UK employment data, the FOMC Meeting Minutes and the FOMC meeting minutes stand out. These are the main ...

      Trading the news
    • dbutton1990 replied Feb 13, 2015

      Alright here is the trade for Sunday! You will want to place these orders 5 minutes before market close on the NZD/USD Assuming cosolidation pattern holds on the 5 minute chart...Place a buy limit order at .7486 and a sell limit order at .74439. We ...

      Trading the news
    • dbutton1990 replied Feb 13, 2015

      Everything seems to be consoliating now. I will hold my positions until I can at least BE. I will also be placing limit orders on the NZD/USD before market close today in anticipation of Sunday's report. I will cover that more towards the end of ...

      Trading the news
    • dbutton1990 replied Feb 13, 2015

      This is a good idea if you don't want to take an initial risk. Remember there is almost always a pullback, the straddle method gurantees you a good entry in the market. However looking at the USDCAD, you can see that it pulled back before finally ...

      Trading the news
    • dbutton1990 replied Feb 13, 2015

      Report beat expectations! USD/CAD is breaking out to the south as I type this. I expect to be taken in. We saw USD weakness across the board yesterday. I expect that to continue today. I have a target set at 4H support at 1.2354

      Trading the news
    • dbutton1990 replied Feb 13, 2015

      Actually here is what I believe is the actual consolidation pattern....please note my buy limit at 1.2550 and my new sell limit at 1.2475. The fact that this is moving south tells me that this report might sink the USD/CAD further.

      Trading the news
    • dbutton1990 replied Feb 13, 2015

      I've identified consolidation on the one hour tf. My buy limit is at 1.2550 and my sell limit is at 1.2494. Once I get taken in, I will identify a proper exit point. Again we are trading the CAD manufacturing sales.

      Trading the news
    • dbutton1990 replied Feb 13, 2015

      I went ahead and Tpd for now...took 5 pips at 1 standard lot! Always take what you can get. If you are uncomfortable in a trade then exit. No need to squeeze every pip out of a trade. Remember, there is always another trade coming!

      Trading the news
    • dbutton1990 replied Feb 13, 2015

      I have decided to post a trade on the EUR/JPY. I see bullish consolidation on this pair so I am long. But we will trade this pair for the 4:00(Time may very depending on your time zone) Flash GDP. I have identified consolidation on the 15 minute and ...

      Trading the news