Forex Trading Blog Updates

Forex Gump

Economic Snapshot: Canada

Howdy, forex buddies! Another BOC statement is coming our way this Wednesday. So if you wanna get up to speed on Canada's overall economic situation, or maybe you're just wondering how Canada's economy has been faring lately, then today's Economic Snapshot is just for you.
Pip Diddy

Top Forex Market Movers of the Week (Feb. 20-24, 2017)

Another week of yen domination was the main theme this week. Aside from that, broad-based euro weakness was also a major theme. So, what was driving forex price action on these currencies? And how did the other currencies perform this week?
Dr. Pipslow

4 Enemies of Deliberate Practice

We here at have always stressed the importance of deliberate practice to improve your forex skills. Let’s take a look at 4 possible factors that could sabotage your process.
Big Pippin

Intraday Forex Charts Update – Feb. 24, 2017

Let's close out this weeks's final intraday charts update with a couple of fresh setups for the euro. Specifically, I've got a couple of fresh triangles for EUR/CAD and EUR/NZD that y'all may wanna check out.
Pip Diddy

London Session Forex Recap – Feb. 24, 2017

Forex traders were apparently taking cues from the risk-off vibes during today's morning London session, since the higher-yielding Aussie and Kiwi got torpedoed. Meanwhile, the safe-haven yen and Swissy were in high demand.
Forex Gump

Will Brexit Encourage Another Scottish Referendum?

Back in 2014, Scotland has voted “remain” in a U.K. referendum. Has Brexit changed the Scots’ minds? More importantly, will it lead to another Scottish referendum anytime soon?
Pip Diddy

Asian Session Forex Recap - Feb. 24, 2017

Ho hum. It was a directionless trading session for forex traders, as a lack of fresh catalysts inspired market players to cherry pick their positions.

Forex System Update: Inside Bar Momentum Strategy (Feb. 17-24, 2017)

Hey forex folks, I'm pleased to announce that the Inside Bar Momentum Strategy caught a couple of winning trades in the past few days! If this is the first time you're reading about this, I suggest you take a look at the system rules first.
Happy Pip

Trade Idea: AUD/NZD Simple Range Setup

I'm keeping it simple with this AUD/NZD long-term range resistance bounce off 1.0700. Think it's got enough bearish momentum to head back to the bottom?
Pip Diddy

U.S. Session Forex Recap - Feb. 24, 2017

Dollar bears were at it again as the "Trumphoria" started to fade on U.S. Treasury Secretary Mnuchin's remarks. Pound bulls, on the other hand, continued to charge.
Big Pippin

Daily Chart Art - Feb. 24, 2017

Welcome to the last trading day of the week, brothas! End the week strong with these hot forex trade setups on EUR/USD and AUD/CAD. Check it!

Trade Review: GBP/NZD Falling Trendline Retest

Since putting on my short position in GBP/NZD, my fundamental bias & the technicals have changed enough to close out. Here's a quick forex trade review.
Big Pippin

Intraday Forex Charts Update – Feb. 23, 2017

Yo! It's all about the Swissy in today's intraday charts update, since we'll be checking up on how our old setups for CAD/CHF and GBP/CHF fared. We'll then try to see if we can find fresh plays for today.
Pip Diddy

London Session Forex Recap – Feb. 23, 2017

Price action was rather choppy during the session, with many pairs milling about in tight ranges. The Greenback did get kicked broadly lower late into the session, though. The safe-haven yen, meanwhile, was well-supported throughout the session.
Forex Gump

3 Highlights from the February FOMC Minutes

Hello, forex friends! The minutes of the Fed's February huddle got released yesterday. And if you somehow missed it, then here are the key highlights from the meeting minutes that you need to know about, as well as the Greenback's reaction.
Pip Diddy

Asian Session Forex Recap - Feb. 23, 2017

A lack of economic catalysts turned forex players' attention to Australia's CAPEX report and the Fed's latest meeting minutes. Which currency do you think was the biggest mover during the session?

Trade Idea: EUR/JPY Bearish Momentum

With all the political and financial uncertainty in the euro zone these days, I can't help but look at another potential short EUR position. Here's a neat technical setup I'm seeing on EUR/JPY.
Big Pippin

Daily Chart Art - Feb. 23, 2017

Who's up for a couple of short-term trends today? I hope you are, because I've got hot forex trade opportunities on USD/CHF and AUD/USD that you wouldn't want to miss!
Pip Diddy

U.S. Session Forex Recap - Feb. 23, 2017

Rally and reverse! The U.S. dollar was off to a good start but was unable to hold on to its lead when the FOMC minutes didn't seem all that hawkish.
Dr. Pipslow

Being Successful at Forex Trading Requires Dedication

Whether it’s in sports, a career, or life in general, I think very few people understand the amount of dedication that successful people have to achieve what they accomplished.