My ideas in both EUR/JPY & GBP/AUD have been on the move, so it's time to do a quick assessment and update ahead of the weekend!
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Forex traders are in the business of trying to be consistent and making money in a seemingly random work environment. The key is to think in terms of probabilities.
Despite a lack of economic data & currency news, forex traders still had a bit of volatility & direction to play with in the morning's London session.
BOE Governor Carney and his men sure know a thing or two about giving mixed forex signals! Why did a couple of MPC members vote to hike rates?
Greetings, earthlings! I'm back with these forward test results for the Amazing Crossover System (Version 2.0). Check 'em out!
Y'all know how I dig break-and-retest forex plays, right? I've got three of these on EUR/USD, NZD/USD, and USD/CHF!
A pretty good forex week for the HLHB System, with EUR/USD contributing 22 pips and GBP/USD giving 36 pips near the start of the month. Here are the details!
Everyone having a good forex trading week so far? Well, I hope you're having a better run than I am, as my setups aren't looking too great for now. Got any suggestions?
Several forex trading firms have adopted to what's trending these days and found opportunities in social media integration. While some have made good progress, others have failed to take off.
Russia and Ukraine: Can we stomach more lies from the US media and more hubris from US foreign policy?
The US mainstream media continues to out due itself in its blatant bias and outright lies about the situation in Ukraine (as they have done with Israel), whose complexities and historical context is way above my pay scale admittedly.
Looks like I lucked out this time with EUR/AUD bears taking back control, but with strong support ahead, it was time to adjust.
"There will be other opportunities after this one." It almost always follows a missed trade or a significant move, but there will be another!
Unfortunately, as eager as I was to trade, I didn't get any valid signals. See how it all went down in today's Cowabunga Surf Report.