It's all about the ranges on today's Chart Art, as I bring to you these potential forex plays on NZD/USD, EUR/GBP, and GBP/USD. Are any breakouts about to take place?
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Forex price action was deep in Chopsville throughout the U.S. session, as a lack of data inspired directionless trading for the major currencies.
Unfortunately I took 2 losses today as the market completely went in the opposite direction of our trades. It's still early in the week so hopefully we can make those up. See how it all went down in today's Cowabunga Surf Report.
It took a while, but I think the recent pullback higher in NZD/CAD may be coming to an end. Is the longer-term forex trend ready to resume?
While forex traders were still out enjoying the weekend, the PBoC decided to reduce its RRR by 1%. Is this a sign that their economy is in big trouble?
A mixed forex trading week for the HLHB System, as it lost pips on EUR/USD but gained a couple on GBP/USD. Here are the deets!
Thanks to RBA Governor Stevens' remarks on further rate cuts, GBP/AUD popped higher and I decided to exit my short forex trade early. Luckily, I managed to close this one at breakeven. Phew!
Enough experience in the forex market can delude some traders into believing that they can fully predict price action. Here's why you should avoid it.
It was an all-around bad week for the Greenback, which means a bad week for Cable short positions. I was taken out at my max stop for a small loss; here's a quick forex review.
As promised, I'll be providing a few examples on how to set orders using your forex expert advisor in this tutorial article. Time for a bit of practice, dear humans!
Thanks to recent developments and stronger interest in algorithmic forex trading strategies, this part of the industry has drawn scrutiny and calls for stricter regulation.
How do we move away from the stop loss mentality and start to manage the forex trade like a winner?
Let’s face facts. People love to hear bad things. We ogle at train wrecks, we gather to watch buildings on fire, and we can’t get enough of crime scene tape.