Currency Cross-Eyed

Forex Trade Review: GBP/CAD Short

A bit of a surprise from today’s BOE meeting minutes that had forex traders lighten up on pound shorts. GBP/CAD popped higher to hit my adjusted stop. Here’s a quick trade review! Read more

Forex Adjustments: EUR/JPY & GBP/CAD

EUR/JPY broke a key technical level to the upside & GBP/CAD continues its downtrend lower, both of which had me making forex adjustments early in the week. Here’s a quick update. Read more

Forex Weekly Watch: Nov. 17 – 21, 2014

The story is changing for the British pound, changing up the forex charts and setup up potential range, trends and breakout plays on the crosses! Read more

Trailing Stop on GBP/CAD Short

Got myself a nice drop on GBP/CAD, enough to possibly break the strong support around 1.7900. Don’t know what’s next so it’s time to lock in profits and maximize gains. Read more

Taking the SNB Trade on EUR/CHF

Who better to coattail on forex trades than one of the world’s major central banks? No one! So, I’m looking to take a position on EUR/CHF with the SNB to defend the franc. Read more

Forex Weekly Watch: Nov. 10 – 14, 2014

The picture has changed once again for the yen cross pairs, while EUR/GBP is still humming along its downtrend lower creating simple forex setups. Read more

Forex Trade Review: EUR/AUD

The Aussie gets slammed in today’s forex trade thanks to the strong Greenback & falling gold prices. The move was enough to push EUR/AUD to my stop & take me out. Time to do a quick review. Read more

Looking at Major Resistance on EUR/JPY

I’m pretty sure I can’t get burned twice by the BOJ, so I’m looking at shorting EUR/JPY again ahead of a potentially volatile ECB monetary policy meeting. Read more

Forex Weekly Watch: Nov. 3 – 7, 2014

Big moves from the currency crosses last week, giving us clarity on current forex sentiment. Check out what I’m seeing next for EUR/JPY, EUR/GBP, & GBP/JPY! Read more

Forex Trade Review on EUR/JPY & Updates

With big moves thanks to the BOJ and the weekend approaching, it was time to do a quick review and update on my forex trades. Read more

Support Break Forex Trade on EUR/AUD

This week I’m going with a short EUR/AUD position on a simple support break. Will this break draw more forex traders into the downtrend? Read more

Forex Weekly Watch: Oct. 27 – 31, 2014

It was another choppy and volatile week for the crosses, which means we gotta stay on our toes for both trending and range plays this week in forex trading. Read more

Short EUR/JPY on Pullback?

I’m going with another simple technical trend setup, this time on EUR/JPY. Is the recent bounce higher an opportunity play the longer-term move lower? Read more

Bearish Divergence on GBP/CAD?

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? Read more

Forex Weekly Watch: Oct. 20 – 24, 2014

Forex volatility spiked up some of the highest levels of the year last week, which may continue this week, creating more opportunities in the crosses. Read more