February 2014 Monthly Archive

Forex Weekly Watch: Feb. 24 – 28, 2014

We got some consolidation patterns on the currency crosses last week, which could mean breakout plays in the forex market this week. Check out what I’m seeing on EUR/JPY, GBP/JPY, and EUR/GBP! Read more

Fibonacci Short on EUR/GBP

I’m back to my EUR/GBP shorting ways now that the pair looks like its turning lower after showing some resistance at .8250. Sellers back in control? Read more

EUR/JPY Short Trade Review

Decided to close my EUR/JPY short trade manually after the BOJ meeting today as my fear that the BOJ expands easy money efforts come to pass. Here’s a quick review. Read more

GBP/AUD Short Trade Review

Decided to close my GBP/AUD short after BOE comments & weak Aussie jobs data. Thanks to today’s RBA meeting minutes, I got out at a great price. Read more

Weekly Watch: Feb. 17 – 21, 2014

We’ve got a steady trend higher, consolidation, and a downside break from this week’s most watch currency crosses: EUR/JPY, GBP/JPY and EUR/GBP. Read more

EUR/JPY and GBP/AUD Trade Updates

Before I close out for the week, just wanted to share updates on my EUR/JPY and GBP/AUD trade ideas, both of which are alive and kicking. Read more

Swing Short on EUR/JPY

EUR/JPY has pulled back higher from its recent strong trend lower. Is it time for the sellers to take control once again? Read more

Weekly Watch: Feb. 10 – 14, 2014

We got a high bounce on yen pairs, creating nice Fibonacci setups forex traders and EUR/GBP looks to now be rangebound. Read more

Countertrend Short on GBP/AUD

I’m going with a countertrend trade on GBP/AUD as I think the fundamental drivers are starting to shift for both the U.K. and Australia. Is it reversal time for both currencies? Read more

Short EUR/GBP Trade Review

In just a few short weeks, it seems that the story for broad risk sentiment and the U.K. has changed. Since the story has changed, gotta change my position in the market. Read more

Weekly Watch: Feb. 3 – 7, 2014

Yen strength seems to be the name of the game this week, and I’m starting to see a change in behavior for one of my favorite pairs, EUR/GBP. Read more