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Forex Trading Blog Updates
Greetings, earthlings! As promised, here are the yearly backtest results for another version of the Amazing Crossover mechanical forex trading system. Check 'em out!
Each week I have to re-examine, re-investigate, and re-consider all the drivers of my forex trades and setups.
Looks like I caught a bit of luck with my AUD/CAD short forex trade as the breakout lower still had momentum. With the pair now testing a minor support area, it is time to manage the position.
Quite possibly the correction lower is complete based on a series of small three-wave moves labeled (a)-(b)-(c) or Wave II…
Looking for a little more adventure outside the spot forex market? Here's a quick introduction into CFD trading and how you can profit from it.
Took a swing on on my forex watchlist pair after today's FOMC meeting. Greenback buyers took control against the Loonie at interesting technical levels.
Unfortunately, as eager as I was to trade, I didn't get any valid signals. See how it all went down in today's Cowabunga Surf Report.
The big forex market driver of the morning is the "No" vote to keep Scotland as a part of the United Kingdom, sparking big moves across all currencies.
It looks like Scotland will be staying in the U.K. for now! Aside from this referendum result, here are some more reasons why the pound could stay afloat.
I've got a few short-term forex plays on today's canvas, as I bring to you these setups on USD/JPY, EUR/USD, and USD/CAD!
Deliberate practice becomes easier when you expand your knowledge of forex trading. Here are more ways to improve your deliberate practice.
With the economic outlook looking a little brighter for the U.K. and less upbeat for the comdolls, I've got my eyes locked on this potential long GBP/NZD trade. What do you think of this forex setup?