Mixed forex price action, but a common theme seems to be a strong Loonie and yen on today's geopolitical news, and a weaker pound despite positive retail sales data.
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Not too long ago, a downturn in inflation spurred by falling oil prices was causing a huge headache for most economies. Are we seeing a recovery these days?
Now that the end of the month and the quarter is fast approaching, I've decided to close my forex positions on EUR/NZD, AUD/CAD, and USD/CAD. Here's my review for these setups.
Let's focus on the Kiwi today with these short-term and long-term forex plays on NZD/JPY, EUR/NZD, and GBP/NZD. Check 'em out while they're hot!
In forex trading, it is very easy to get lost in the game. You get on your trading platform, try to get some pips, and in the process you usually forget the most basic risk management practices.
Unfortunately I ended up just about breakeven as I had one winning trade and one losing trade. See how it all went down in today's Cowabunga Surf Report.
Both of my only open forex trades closed earlier this week, one winner and one loser. Here's a quick review and a potential setup to keep an eye out for.
In their latest update of the MT5 platform, MetaQuotes unveiled new features catering mostly to forex expert advisor enthusiasts. Check 'em out!
Even with volatility slowing down, my trades in NZD/CAD & EUR/NZD continue to grind in my direction. So with more pips in the bag, it's time to make forex adjustments to lock up more profit.
A pretty good forex trading week for the HLHB Trend-Catcher System, as it gained pips from both EUR/USD and GBP/USD. Woohoo!
Last week, we’ve covered the if-else conditional statement and its usage in forex EA coding. This time, we’ll focus on the for statement, its proper syntax, and a few examples.
I read an interesting article on Bloomberg.com concerning the performance at PIMCO now that Bill “Captain Bligh” Gross has left the ship.
One of the common questions I get from forex traders is, "How do I follow the trend longer-term?" For me, it's a 3 step process & 2 types of profit targets.