Browsing Archive: June, 2009

Eur/Usd: Did it make a break?

Posted by Casey Stubbs on Wednesday, June 24, 2009, In : Trade opportunities

Casey Stubbs-- Winners Edge Trading

The Euro made a huge move upwards yesterday, which created great trading opportunies for those traders that were ready when the move took place.

That is one of the most difficult points of trading which no one talks about that much and that is that the trader must be ready to pull the trigger when the trade is ready to happen. The key for me is to be in front of the charts at a certain time each day and that way I will be ready any time a trade materializes ...
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Eur/Usd Trading in a Channel

Posted by Casey Stubbs on Wednesday, June 17, 2009, In : Trade opportunities

The Eur/Usd has been in a tight trading range since yesterday the pair has challenged the 1.3930 resistance level 3 times. The pair has challenged the support level of 1.3800 twice.

Watch those levels in your trading, if the resistance level of 1.3930 gets broken look for a target of 1.4100. If the support level of 1.3800 gets broken look for a target of 1.3750.

The news to watch is the unemployment claims report coming out tomorrow. If none of these levels are broken by then that could be a g...
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Which Way Will it Go?

Posted by Casey Stubbs on Sunday, June 14, 2009, In : Trade opportunities

Casey Stubbs

Eur/ Usd

To answer my own question, I don't know. What do you think, I can see the future. No, only God can do that. However, I will give a good idea on how to trade it.

There was some recent news that supported Dollar Strength but we will see.

Right now there is a key support that has been tested several times in the last couple of days at 1.3976 and if we break that we could see a down move to 1.3900 where there is a previous support and if that continues we could see 1.3800.

On t...
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Response to my Iraqi Post

Posted by Casey Stubbs on Wednesday, June 10, 2009, In : Featured Currency

I received some good feedback from my article Iraqi Dinar Increasing However Many Challenges Ahead. I thought it would be useful to share with my readers because I learned alot. I am leaving the name of the responder private because it is not important who it is. What is important that the information is accurate.

Here is the letter I received:

Casey...
May I ask if you are a Dinar dealer... or anyway affiliated with dinar dealers?
What are your qualifications to write an article about the Dinar?...
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Risk Aversion is Over for the Dollar

Posted by Casey Stubbs on Saturday, June 6, 2009, In : Trade opportunities

Today when the US Unemployment data came out and the number was way better than any one expected the Dollar gained verses the Euro. The Dollar was up verses every currency today because of the positive report. The numbers of only - 345k non farm unemployment claims signals that the U.S. economy is doing much recovering and at a rate no one expected.

But Wait! that is good news but what the report does not tell you about the number of people that have been trying to find work and cannot. After ...
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Iraqi Dinar Increasing However Many Challenges Ahead

Posted by Casey Stubbs on Friday, June 5, 2009, In : Featured Currency

There has been an update to this post.

In 2003 the Iraq war threw the already troubled nation of Iraq into complete chaos. The government was overthrown and there was a complete shutdown of all economic activity. The nation was divided and there was fighting that began against the U.S. forces and fighting that began against each other as different factions could not agree which path the nation should take. As a result the currency was completely removed and became worthless.

Trade Currencie...

Euro Update and More News Coming

Posted by Casey Stubbs on Wednesday, June 3, 2009, In : Trade opportunities

I wrote in my last post that I was watching the resistance level 14361 which we saw the pair got to near that level and turn around. So that is a strong support level and we could be waiting some time before we go back to challenge that level. However, I will be watching that level with great interest.

I was not able to place a trade this week because when the time to enter for the Euro was a buy signal I was away from my computer and missed the trade. Thats ok I can't get all of them. I am ...
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Casey Stubbs

Casey Stubbs

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I am married to a wonderful woman Deanna we have 5 children. I am a christian serving, The Lord Jesus with all my heart. I am involved in my church and take mission trips every year. I have been trading since I was 18 when my dad taught me. I have traded stocks, options and forex. When I found forex I knew that I would never want to trade any of the others again.