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Forex Trading Blog Updates
Greetings, earthlings! I've just finished crunching the numbers on the Triple SMA Crossover system and I gotta say, this forex mechanical system could use a bit of improvement.
It's not what you may already have heard. It's not common, and it's certainly a road less taken...I think that's why it's worked.
To get back in the forex markets, I'm going with a pure technical setup on GBP/CAD. Is that a bearish divergence that I see on the daily charts?
Oscillators have turned down on 360-min and daily basis. Looking at this morning’s high as minor Wave 2 completion; setting the stage for Wave 3 down with scope to test the recent swing low at 1.2499 (labeled Wave III).
It's been a while since I last gave y'all a set of updates on the bitcoin so here's a new one for the forex traders out there who are also into cryptocurrency trading.
For the new forex trading week, I'm starting out with a simple trend setup on USD/CAD. Will the trend be my friend this week?
Unfortunately I lost out on a couple of trades today but the good thing about this system is that when we do lose, the losses are usually small. See how it all went down in today's Cowabunga Surf Report.
Forex volatility picked up in the morning London session, mainly on expectations of European banks in their upcoming stress test.
Can't get enough of economic reports to trade? There's another big one comin' right up this week so let's put our heads together and figure out how we can make pips off the U.K. GDP release.
Got a couple of break-and-retest forex setups on today's canvas, along with a potential reversal situation. Check out these plays on GBP/CAD, AUD/JPY, and AUD/CAD!
Do you prefer trading alone or having a forex trading team? Here are the pros and cons of each.
Since I haven't been feeling too confident with my recent Loonie forex setups, I decided to look for better ideas. Here's what I'm looking at on EUR/NZD.
The NFP week brought mixed results for the HLHB System, as it gained pips on EUR/USD but lost some to GBP/USD.