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Forex Trading Blog Updates
Greetings, my dear humans! Here’s an update on the forex signals made by the SMA Crossover Pullback mechanical system on the currency pairs I’m watching.
Trend traders like myself often run into wearing two hats...managing an open trade while setting up the next entry. I call it rolling with the trend.
Looks like I've milked all I can in the down move in EUR/GBP so I decided to close my short position to take profits. Here's a quick forex review.
I realize it’s not fair to pile on, but there is a certain joy one experiences when the blather from the cocky prognosticators of dollar doom and gold love are proven so utterly wrong by Mister Market.
Last year, I wrote an article about the emerging trend in combining social networking and forex trading. Here are a few interesting products taking mirror trading to the next level.
AUD/CHF has been slowly moving lower but staying within a pretty tight range recently. Looking to play the forex trend on a top of range retest.
Unfortunately the only potential signal today was right before a news event. See how it all went down in today's Cowabunga Surf Report.
The dollar’s price action was mixed, as forex traders bought the dollar against its European currencies but sold it against its low-yielding counterparts.
Will the Fed hike interest rates in September or what? Take a look at these takeaways from this week's FOMC statement to figure out what's next for the U.S. dollar's forex trends.
It's all about the short-term ranges on today's canvas, as I bring to you these sideways forex setups on GBP/CAD and NZD/JPY plus this rising range on USD/CHF.
These days, it seems that most forex pairs are just going in one particular direction and it makes no sense to go against the herd. Is it worth taking a contrarian approach?
My, my! The Greenback's lookin' fly after the FOMC statement! I've entered a small forex position at market and I'll continue to play this AUD/USD retracement setup carefully.
With the much-awaited FOMC statement only a couple of hours away, my eyes are on these two forex major pairs. What's on your watchlist?