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Forex Trading Blog Updates
The previous week wasn't such a good one for the SMA Crossover Pullback forex mechanical system, as it got caught up in market choppiness. Did it fare any better lately?
Are you focusing your energy and forex trades on the pairs with the most Contrast? Do you know what that means? How about HOW to find it?
Big moves from pound this week, enough to break a rising trendline in GBP/JPY. Is this a break-&-retest forex setup & is this the start of a downside move?
BEIJING—China’s exports fell in October for the fourth consecutive month, as a once-powerful engine of the country’s growth continued to sputter in the face of weak global demand.
The value of net long positions on the Greenback jumped for the fourth consecutive week. In addition, the latest COT forex positioning report from the CFTC shows that all of the Greenback’s forex rivals were in retreat, except for the defiant Kiwi.
Today's dovish comments from the BOE has sent Sterling tumbling, and with my position up over 100 pips, it's time to adjust my forex stop.
Unfortunately I had 3 close signals today but none of them fit my criteria completely so I had to sit out today. See how it all went down in today's Cowabunga Surf Report.
Just as shopaholics were busy grabbing Black Friday doorbuster deals, forex traders also took advantage of bargain prices for dollar pairs, allowing the Greenback to cap off the week with a rally.
Konnichiwa, forex friends! BOJ officials didn't offer any hints of further easing in their latest BOJ meeting minutes. So, how is Japan's economy doing lately? And are there any hints as to why BOJ officials are just shrugging off calls for more easing?
It's the last day of the month to grab some pips, forex fellas! Better take a look at these short-term plays on the dollar pairs before it's too late!
Being in sync with the forex market requires more than just technical knowledge and analysis, and mastering this art doesn't simply happen overnight.
How's it going, forex warriors? I'm steering clear of the dollar pairs ahead of the Thanksgiving holidays so I'm considering this GBP/AUD reversal setup instead.
With all the excitement over the majors lately, it's time to see if the HLHB trend-catcher system is getting any of the forex action!