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Forex Trading Blog Updates
I've been waiting for a sell signal to materialize on this SMA Crossover Pullback forex mechanical system since a downward crossover took place last week. Here's what's going on so far.
Over the past 90-days, the forex markets have been some rocky terrain to navigate. This video is a frank and open conversation about that.
Looks like I couldn't carry over my Q1 success thanks to a shift in forex market themes & sentiment, as well as my inability to shift with the change.
Swiss Bank Chairman Thomas Jordan said today the Swiss franc is “considerably overvalued” and was concerned there may be a rush of funds into the franc if Greece were to leave the single currency regime.
The latest CFTC COT forex positioning report reveals that dollar bulls are still on the offensive but speculators trimmed some of their long positions. Check out the increase in bearish comdoll bets, though!
No luck so far on getting a deep pullback to jump into the NZD/CAD forex trend lower, but I think I'll dip my toes in this week with a shallow pullback.
I was out of town last week and wasn't able to trade, but today was a good day back as I was able to grab a quick +10 pips. See how it all went down in today's Cowabunga Surf Report.
Profit-taking was the name of the game in yesterday’s U.S. forex trading session, as the major currency pairs erased some of their gains/losses.
As expected, the RBA decided to keep interest rates on hold at 2.00% in this week's monetary policy announcement. Does their official statement contain any clues about potential rate cuts or the Aussie's forex price action?
What's up, forex fellas? I've got a couple of short-term setups and a potential position trade idea right here on today's canvas!
Traders that have difficulty letting winners run may miss out on big moves in fear of losing potential forex profits. Here's how you can build the confidence to press your advantage.
How's it going, comdoll buddies? As I mentioned in my NZD/JPY forex trade idea blog post last week, I'll be putting in my actual entry orders this week. Here are the details.
Taking this opportunity to catch up to my HLHB updates! Unfortunately for my mechanical forex trading system, the last week of May wasn't good for EUR/USD and GBP/USD.