With an empty calendar ahead of a big week of economic data, there wasn't much forex volatility to speak of during the morning London session.
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It's time for another edition of my economic data roundup, and this time I'll be focusing on the latest set of reports from the United Kingdom.
If you're planning on trading AUD/USD, USD/CAD, or NZD/USD, don't forget to mark these potential inflection points and forex market events.
Last week's decline in forex volatility sets up interesting range-break opportunities, but there are still trend opportunities among the crosses.
Start your trading week by taking a look at these triangle plays on USD/JPY, AUD/JPY, and AUD/USD!
Videotaping your trading can help you review and focus on both how YOU traded and how the MARKET moved.
Greetings, earthlings. I'm sure you've been waiting for the results of my forward tests on the Amazing Crossover system... and here they are!
The RBNZ signaled a pause in rate hikes, which forex traders took as a signal to sell NZD. I'm still long biased and entering with a different technique now.
I held on to this forex trade for too long! Here's how I ended up with a break-even trade instead of a decent winner from a few weeks back.
Correcting lower in minor wave (c) of 2; with scope to 1.0615, but targeting to 1.0683 (61.8% retrace).
Why did the NFA decide to prohibit the funding of forex accounts through credit cards? Should you be concerned?
These are the seven essential questions of a trade...those I need to ask and answer before I enter a new forex trade.
Unfortunately I took one loss today, but considering how choppy the market was, the Cowabunga System kept me from losing any unnecessary pips. See how it all went down in today's Cowabunga Surf Report.