Forex Trading Blog Updates

Big Pippin

Daily Chart Art - May 4, 2016

I got sweet forex setups for major, comdoll, and currency cross traders alike! Check out these charts on GBP/USD, USD/CAD, and EUR/GBP.
Pip Diddy

U.S. Session Forex Recap - May 4, 2016

With no major U.S. reports on deck, the Greenback grabbed the opportunity to regain a bit of lost ground against its forex counterparts, especially the commodity currencies.
Pip Surfer

Cowabunga System Daily Update: Tuesday, 05/03/2016

It was an awesome day for me as I was able to grab +45 pips off of one trade! See how it all went down in today's Cowabunga Surf Report.

Trade Updates: GBP/USD Range & GBP/AUD Long

Both my GBP/USD & GBP/AUD ideas didn't work out as I hoped, so it's time to see what kind of lessons I can learn (or re-learn) from these forex trades.
Big Pippin

Intraday Forex Charts Update – May 3, 2016

I'm serving up a forex chart pattern special for today's intraday forex charts update, with a triangle for EUR/JPY, a rectangle for EUR/CHF, and a flag for GBP/AUD.
Pip Diddy

London Session Forex Recap – May 3, 2016

Risk aversion was the name of the game during today's morning London session, so the safe-havens curb-stomped the higher-yielders, especially the comdolls. The pound, meanwhile, was kicked lower because of a very poor manufacturing PMI reading.
Forex Gump

What You Need to Know About the May RBA Decision

Now here's a central bank that walks the talk! Here's why the Reserve Bank of Australia decided to cut interest rates from 2.00% to 1.75% this time.
Pip Diddy

Asian Session Forex Recap – May 3, 2016

Japan’s markets may be out on a holiday, but the RBA provided the opportunity for forex traders to see some volatility during the Asian session.
Forex Ninja

Weekly CFTC COT Forex Positioning: Another Round of Greenback Weakness

The latest COT forex positioning report from the CFTC shows that the Greenback lost ground to all its forex rivals, but managed to take some ground from the yen.

Trade Idea: GBP/CHF Correction Play

I've spotted another neat break-and-retest setup on a pound pair! What do you guys think of this correction play on GBP/CHF?
Happy Pip

Trade Idea: NZD/CAD Descending Channel

With the RBNZ keeping the door open for rate cuts and with crude oil prices on the rise, I'm looking at this simple NZD/CAD trend play for my trade this week.
Big Pippin

Daily Chart Art - May 3, 2016

We're looking at the comdolls today, brothas! Check out the forex setups that I spotted on NZD/USD, AUD/JPY, and EUR/CAD!
Pip Diddy

U.S. Session Forex Recap - May 3, 2016

The weaker than expected ISM manufacturing PMI reading weighed on the dollar's performance even though several components showed improvements. Here's what you need to know.
Jack the Pipper

Will The Reserve Bank of Australia Cut Rates Tomorrow?

According to Reuters, “The Reserve Bank of Australia (RBA) is expected to keep its cash rate unchanged at a record low of 2.0 percent at a policy review on May 3, though a growing number of economists expect a cut, an updated Reuters poll released on Monday showed.
Dr. Pipslow

3 Ways to Overcome Forex Trading Boredom

When volatility is down and there aren't much catalysts around, one can be prone to boredom, which is one of the three most overlooked risks in forex trading.

Forex Trade Idea: CAD/JPY Rising Wedge

For this week, I'm going with another simple downtrend-pullback setup, with a little backup from the rising wedge pattern on CAD/JPY. Are there still sellers lurking around?
Big Pippin

Intraday Forex Charts Update – May 2, 2016

I'll jumpstart this week's intraday forex charts update with a Kiwi special. I've got a bunch of break-and-retest setups for NZD/CAD, GBP/NZD, and AUD/NZD.
Pip Diddy

London Session Forex Recap – May 2, 2016

Today may be a Monday, but there was plenty of action during today's morning London session, as forex traders turned mainly to risk sentiment and commodities for direction.
Forex Gump

Forex Trading Guide: RBA’s Interest Rate Decision

Will the RBA cut its rates this week? Here’s a neat trading guide for forex traders who are looking to make some pips from the event.
Pip Diddy

Asian Session Forex Recap – May 2, 2016

Trading volatility was as tight as Captain America’s shirtsleeves during the Asian session, as a lack of fresh catalysts kept most forex traders in the sidelines.