12-6-09
5:14a GMT – Lots of action on Friday! I took a small loss on my long which got about 15 pips in the profit before turning south and hitting my tightened stop. The markets themselves became extremely volatile – dropping over 200 pips in just a few hours – as the US jobless [...]
8-25-09
18:12 GMT – Although my forex signals are 95% technically-based, like any good trader I also keep an eye on the underlying fundamentals as well. My philosophy is that the fundamentals will provide the trade direction while technical analysis will give you the specific entry and exit points. To that effect, I’ve talked [...]
I’ve added a brand new Forex Discussion Group to PipHut to further open up communication between us traders.
The idea behind it is simple – so that you, me and other traders can discuss the various signals and technical analysis that comes out of piphut.com. That is, your thoughts on the signals, results, etc. [...]
6-6-08
16:27 GMT – USD dropped sharply across the board as unemployment rose to 5.5% and payrolls shrunk for the 5th straight month, adding fuel to the argument that the US is already in a recession. The deeps setbacks in the dollar blew out many dollar bull’s stops and a rebound looks limited.
The [...]
6-5-08
18:35p GMT – After the ECB’s announcement that the European Central Bank may actual raise rates by the end of the month the markets are looking for direction. It seems a shift is coming but theories abound as to which way that shift will go. The US signaled it will raise rates by [...]
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