Start the new trading month right by checking out these short-term forex plays on EUR/USD, AUD/USD, and USD/JPY!
Blogs: Newest Posts
We had lots going on for the morning London session thanks to a slew of European data, as well as a continuation of momentum from the Asia and U.S. sessions.
Now that the FOMC has given its monetary policy statement, let's have a quick rundown of what happened and what it means for the dollar.
Last week, I mentioned that I was looking at EUR/NZD for a potential swing trade. Price is already moving inside my target entry area so I decided to figure out my trade details.
With a lot of euro-related economic events on tap, I'm looking at a possible retracement opportunity on EUR/USD. Here's my setup!
In more ways than one, the forex market is like a battlefield. Just as in warfare, the elements of risk, uncertainty, and danger in forex trading are always present.
Since my stop adjustment last week, EUR/CAD moved into an area on the chart that invalidated the trade & closed me out. Here's my forex review.
If thinking is the process of asking and answering questions to make good forex trading decisions, you better make 'em good questions, right?
Looks like sentiment is shifting for the Pound, & with the Greenback finding support, I'm switching my focus to a different forex opportunity.
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!
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?
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.