November 2013 Monthly Archive

Another Shot at GBP/JPY Uptrend? – Adjustment

My trade has been triggered and the market has nicely rolled higher. After finally getting a decent pullback on the move, I’ve decided to pump up my position a little bit but tighten up before the week’s close. Read more

GBP/NZD: Long-Term Range Reversal? – Closed

Well, that was the shortest long-term trade setup ever! The no-mercy beatdown of comdolls plus Sterling strength means no resistance at the top of the range! Read more

Weekly Watch: Nov. 25 – 29, 2013

As expected, last week packed a volatile punch for forex traders, but this week looks to be a bit more calmer. See how we could play this change in behavior by checking out this week’s levels to watch! Read more

Fibonacci Retracement on GBP/JPY – Closed Orders

The pullback on GBP/JPY was a shallow one as traders went back into bull mode during Wednesday’s US trading session. Unfortunately, the pullback wasn’t deep enough to trigger my entry order. Read more

Fading Into the Downtrend on EUR/GBP – Closed

It’s been a slow week for EUR/GBP and with the BOE meeting minutes coming up tomorrow, I decided to close up the trade and take profits. Read more

Weekly Watch: Nov. 18 – 22, 2013

Lots of potential volatility this week thanks to upcoming central bank events, so here are this week’s must-watch levels on EUR/JPY, GBP/JPY, and EUR/GBP to get in the forex trading groove! Read more

Weekly Watch: Nov. 11 – 15, 2013

The week looks to be much quieter in terms of economic data releases, so here are this week’s must-watch levels on EUR/JPY, GBP/JPY, and EUR/GBP to develop some consolidation and range plays! Read more

Weekly Watch: Nov. 4 – 8, 2013

The FOMC and weak European data caused quite a ruckus last week, creating some strong moves and new opportunities. This week is set to be an action packed one a calendar full of top economic events, so here are this week’s must-watch levels on EUR/JPY, GBP/JPY, and EUR/GBP! Read more