Usd/Jpy: Missile News Impacts Pair

Last night when I posted my trade I was surprised when the Yen took a sharp drop and I got stopped out of my trade. It is not like I am the best trader and that never happens to me but I just wondered why? So I looked at Forex Factory for the news releases and no...

USD/JPY: Trade Alert Now

9:45 pm Est Casey Stubbs - Winners Edge Trading I am entering USD/JPY short at 94.64 Stop loss 30 pips Target 93.85 I have many confirming indicators to help me in this trade. This is a forex trading strategy that I learned from a forex class I took a while back and...

My Trade This Week

Casey Stubbs - Winners Edge Trading 3:30 pm Est. I only made one trade this week and that was plenty because I entered the Euro at 1.3596 and I am still in the trade at 1.4000. That is a total of 400 pips which is all I need in one week. I am going to continue to ride...

Trading Plan For The Euro This Week

Last week we saw the Euro make a correction and then push forward making new recent highs. So this could be another exciting week with more gains coming for the Euro. However due to profit taking there could be a correction in the Euro before we see any more gains....

Euro: Get Ready For A Buy

Casey Stubbs - Winners Edge Trading 4:46 Pm Est The Eur/Usd is getting ready to challenge the resistance level of 1.3740 which was hit on March 19 2009. There is an ascending triangle chart pattern forming which indicates that we could be ready to break this. This...

Euro Is On The Move

1:31 Am Est Casey Stubbs-- Winners Edge Trading The Eur has slowed it recent gains on the dollar recently. However most analysts are predicting that this is a consolidation period and that more gains could come in the near future. There could be a period of ranging...

Euro Made A Strong Move Today

6:00 pm EST Casey Stubbs-- Winners Edge Trading The Euro gained verses the Dollar in today's trading. This has been the pattern lately as the trend for the Euro has turned bullish since last week. This has been an extremely profitable week if you went long the Euro. I...

Forex Trading Can Be An Expensive Game

I read an article recently in which the author called the forex market a game. I thought to myself, How could anyone call the forex market a game? I mean seriously, this is the largest market on earth, worth trillions of dollars. The major governments and banks all...

New Trend Set For Euro, Can It Hold?

10:30 pm Est Casey Stubbs -- Winners Edge Trading The Euro has just broken the trend line in a bullish move today after positive news in for housing starts. This is an opportunity for traders to take a long position with a stop just below the trend line. The new...

3 Ways To Avoid Forex Scams

In today's heavily saturated Internet market there are more sharks and scams than reputable forex companies. Think about how easy it is to start a web site today, It takes $10 and that is all they need to lure some unsuspecting forex trader into making a bad...

Eur/Usd: The Week Ahead Trade Update

9:00 PM EST Casey Stubbs- Winners Edge Trading Last weeks trading for this pair was in a range of 300 pips. For the coming week we have two strong levels that could give an indication of which way this pair will be heading in the future. The resistance level to watch...

Eur/Usd: Trade Update

9:30 Est. Casey Stubbs-Winners Edge Trading The Euro has been been moving sideways of late - we will see if the pair moves back to challenge the earlier highs set. Here are the daily resistance and support levels. Sup 2 - 1.3113 Sup 1 - 1.3174 Spot - 1.3245 Res 1 -...

Eur/Usd: Heading Up

9:00am Est Casey Stubbs-- Winners Edge Trading The pair is rebounding off of a slight pull back and we could see the Eur/Usd move up to the 1.4000 mark this week. Click the chart to learn about our trading system.

Eur/Usd: Trade Of The Day

Casey Stubbs -- Winners Edge Trading 8:30 am Est This morning the news to watch is new home sales. If the number is better than expected we could see a move in the Euro or if the number is worse than expected I think the Dollar could move higher. This is because of...

Eur/USD: Trade Opportunities

Casey Stubbs-- Winners Edge Trading The Eur/Usd: is currently at 1.3541 and is looking to challenge the resistance level of 1.3649. The pair just challenged the support level of 1.2500 and if that lower level breaks we could see a target of 1.3423. The Euro (EUR) was...

Fed Moves Spark Refi Madness!

by Mike Larson The Federal Reserve has done it now. In poker terms, it’s gone “all in.” Specifically, the Fed said this week that it will ramp up its purchases of Fannie Mae and Freddie Mac Mortgage Backed Securities (MBS) from $500 billion to a whopping $1.25...

How China Could Use Currency as a Weapon

Posted by Bryan Rich on Saturday, March 21, 2009 Under: Currencies “The Views and opinions represented in the provided website links and resources are not controlled by the Referring Broker or the FCM. Further, the Referring Broker and the FCM are not responsible for...

Eur/Usd: The Week Ahead

Casey Stubbs-- Winners Edge Trading This past week was a wild ride for the Eur/Usd as the pair had more price action last week than we have seen for some time. This week ended with Euro gains for the third consecutive week. Will the Euro continue to move against the...

Eur/Usd: Euro Explosion Today

Casey Stubbs-- Winners Edge Trading 3:30 pm Est The Euro had a huge move today and passed several key resistance levels in a few hours. The pair was reacting to a statement by the FOMC and positive moves in the U.S. stock market. So where do we go from here? We still...

Forex Market Update

11:00 pm Est Casey Stubbs-- Winners Edge Trading Eur/Usd - currently trading at 1.2834 and there was early corrections at the beginning of the Asian session. The current support levels are at 1.2755, 1.2720 and then 1.2680 The resistance levels at 1.2898, 1.2946 and...

Eur/Usd: Challenging Resistance Levels

9:00 am Est Casey Stubbs -- Winners Edge Trading The Euro has been gaining verses the Dollar and has surpassed several resistance levels. The pair is currently challenging the 1.2824 level and if the price goes through that we could see upward target of 1.2899. If the...

Why It Could Be Curtains for the Euro

Posted by Bryan Rich on Saturday, March 7, 2009 Under: Forex Market The biggest victim of the global housing and credit bubble may be the euro — the single currency of 16 European nations. Having just celebrated its 10th birthday in a free-fall, the euro is being...

EUR/USD: Market Analysis

March 3, 2009 5:00 pm Est Casey Stubbs-- Winners Edge Trading The Eur/Usd is bearish again today with a 75 pip loss from open to close on the NY session. The current reading is currently neutral because the pair did not cross below the support of 1.2500. Watch the...

Eur/Usd: Slow Day, But Big Moves Ahead

March 2, 2009 5:17 PM Est. Casey Stubbs--Winners Edge Trading This slow moving consolidation period is just the buildup for some large moves ahead and all the indications on the technical charts say that the Dollar is getting ready to explode. First the indication is...

I Love Trading Currencies But...

Posted by Casey Sheldon on Saturday, February 28, 2009 Under: World Mission Forex trading is a way of life for me and for many other people. I take my work seriously and I put a great amount of time into my trading and I always do my best. But, I know that there is...

Eur/Usd: A Look At The Big Picture

Feb 27 2009 10:54 Est Casey Stubbs-- Winners Edge Trading Whether you are a long term trader, a swing trader, or a day trader it is a good idea to look at what the big picture. So I thought I would take a look today at the monthly Eur/Usd charts and see what we find....

Eur/Usd: Breakout Test Ahead

Feb 27 7:40 AM Est Casey Stubbs-- Winners Edge Trading The Dollar has been gaining strength in early morning trading breaking below the support of 1.2700 and the current position is showing a bear flag and the pair is approaching the support area of 1.2600 This pair...

Why's The Dollar So Strong?

Posted by By Brad Zigler on Thursday, February 26, 2009 Under: Forex Economic Data real-time Inflation Indicator (per annum): 7.5% Was anybody surprised by the Yankee dollar's wobble Monday? With a zombie stock market lurching about and the price of gold rising, you'd...

EUR/USD: Economic Uncertainty Stalls Pair

Feb,26 2009 1:30 PM Est. Casey Stubbs --Winners Edge Trading The Eur/Usd currency pair has been in a range trade from the very significant levels of 1.3000 to 1.2500. The market is unsure of which way to go given all of the bad economic news all over the world. As a...

USD/JPY: Target in sight 100.00

Wed February 25, 2009 4:18pm Est. Casey Stubbs-- Winners Edge Trading The Dollar has had an incredible run lately and the strength looks to continue. The resistance level is 100.00 which was last hit in October of 2008. There is also an earlier resistance level at...

Eur/Usd: Descending Triangle Forming

Feb 24, 2009 23:44 Est Casey Stubbs-- Winners Edge Trading The Euro/Usd has reached a point where the pair has not had any clear direction in the past few trading sessions. However now we are forming a Descending triangle which usually indicates a further move to the...

Dollar Gains Strength on News

Feb, 24 2009 10:08 Am est The Dollar gained strength after the CB Consumer Confidence news announcement came in at 25. The number expected was 35.5 so that was well below the expected estimate which indicates that the confidence of consumers is dropping extremely...

Eur/Usd: Pair Testing Key Support Level

Feb, 23 2009 3:04 PM Est. Casey Stubbs- Winners Edge Trading The Euro lost value in today's trading as investors bought the Dollar because of profit taking off of Fridays gains for the Euro. The pair is currently testing the key support level of 1.2700 if the pair...

Eur/Usd: Next Week's Trading

Feb 20, 2009 8:00 pm Est. Casey Stubbs- Winners Edge Trading The week ended with a bang with a huge move with the Euro gaining 250 pips on the day. Is this a bull move for the Euro or just a correction in the current downward trend? What caused such a move and so...

Eur/Usd: You Can Never Trust The News

Thursday Feb 19, 2009 3:36 PM Est Casey Stubbs--Winners Edge Trading Today the Euro gained against the Dollar on a larger than expected unemployment announcement this morning. In the past that would have sent the Dollar higher because of risk aversion. Today, however...

Eur/Usd: Fundamentals or Technicals?

Feb 18, 2009 1:00 PM Est Casey Stubbs- Winners Edge Trading Today we saw slight weakness in the Euro after a strong downward move yesterday. The pair has slowly moved down and now is moving in a small range with not much movement. One of the possible reasons for the...

Eur/Usd: Technical Levels To Watch For

February 17, 2009 10:35 PM Est Casey Stubbs - Winners Edge Trading The Euro weakened verses the dollar and broke key support levels. The next support level is1.2550 at which point the next target level is 1.2331 this is a key support level which the market hit back in...

Trading Alert: Break Out

Feb 17 2009 12:10 Am Est. Casey Stubbs-- Winners Edge Trading Early in the Asian Session, the Eur/Usd broke the key support of 1.2700. Other pairs such as the Usd/Chf also broke key resistance levels. So now look for a trend to develop with these pairs. Look for the...

Eur/Usd: Breakout Ahead Likely

Light activity in today's trading because of the U.S. holiday resulted on little movement in the pair in today's trading. We can see the wedge that has formed which usually indicates that the pair will break lower. Right now as I right this the pair is at 1.2767...

USD/CHF: Possible Up Move Coming

Feb 16, 2:30 Am Est Casey Stubbs--Winners Edge Trading Early Monday morning trading has seen the USD/CHF advance moving upward to the previous resistance level of 1.1783. If the pair breaks through that level, look to go long with a target of 1.1927. Click on the...

Eur/Usd: Range Trading Conditions

Tuesday Feb 10, 2009 4:17 pm Est. Casey Stubbs-- Winners Edge Trading The Eur/Usd Pair repeated yesterdays activity almost exactly by running up to the resistance level of 1.3050 forming a double top in the two days trading. In the past two days the trading of this...

Basic Forex Information by Casey Stubbs

Basic Forex Information by Casey Stubbs Posted by Casey Sheldon on Friday, January 23, 2009 Under: Forex Market Trade Forex The Forex Market is a great investment vehicle but the market is unforgiving for begining unskilled traders. So when you decide to start...

Tuesday Jan 13 Trade Setup EUR/USD

Today's Recap: I opened 3 lots at 1.3300 and all got stopped out. The pair tested the 1.3300 support and did a false break and then bounce up. I got in two early I should have waited longer before a short entry. Total For today -230 pips Tuesdays Trade. Since we saw...

Trade Setup for Jan 12, 2009 EUR/USD

Friday's Recap: OK, the news announcement of non-farm payrolls came out and completely reversed the direction of the pair. I sold Short 3 lots on Friday at 1.3585 1st lot went to my target at +55 pips 2nd lot went to target at +100 Pips 3rd lot went for +110 pips For...

Jan 10 Trade Setup EUR/USD

No trade today as the pair was range trading all day. There were some large moves, however with my system I do not range trade. I will only enter a trade when support or resistance levels are broken. So the setup tomorrow is the same as today - read my previous post...

Jan 9 2009 Trade Setup EUR/USD

Today's Recap: I finally closed the short position I opened  on Monday at 1.3820 for a profit of +211 pips. I opened three lots long at 1.3675 The first lot hit my limit at +55 Pips The second and third lots got stopped out at -75 and -100 I should of moved my stops...

Jan 7 2009 EUR/USD Trade Setup

Before I begin with tomorrows trade talk,  I will show my results from yesterday. I still have one lot open which was opened on Monday short at 1.3820. It is currently at +272 pips. I sold Short 3 lots 1.3520 1st lot I sold short and took profit at +55 pips 2nd lot I...

Jan 6, 2009 Trading EUR/USD Strategy

Yesterday the trade went exactly as planned. I entered 3 lots at 1.3800 and on the first lot I set a limit of 55 pips to get a quick profit. The price dropped right through that like a hot knife through butter. My next lot I had a limit of 100 pips the price dropped...