April 2014 Monthly Archive

Waiting for a Triangle Break on Guppy

It’s NFP week, which means I’m in watch mode to avoid event risk, but for now, I’ve still got my eye on Guppy for a longer-term position. Read more

Forex Weekly Watch: Apr. 28 – May 2, 2014

Last week’s price action ended up being a big snoozer, which setups up the potential for breakout plays with the right catalyst. Read more

GBP/JPY Forex Trade Review

Guppy took a fall during the Wednesday forex trading session thanks to a mix of broad risk aversion and sterling weakness. Read more

GBP/JPY Stop Adjustment

GBP/JPY moved up another hundred pips or so but there are signs the move may be slowing. Time to adjust to lock in more profits! Read more

Forex Weekly Watch: Apr. 21 – 25, 2014

Mixed behavior coming from the currency-crosses last week. Check out what kind of forex setups I’m seeing on EUR/JPY, EUR/GBP, and GBP/JPY! Read more

GBP/JPY Trade Adjustment

My Guppy trade is playing out much better than I anticipated thanks to positive risk sentiment and a very big, bullish surprise from the U.K. unemployment data. Read more

Rising Trendline Play on Guppy

In this week’s Weekly Watch, I mentioned that GBP/JPY is retesting a potentially strong inflection point around 170.00. Will it hold or fold? Read more

Forex Weekly Watch: Apr. 14 – 18, 2014

We’ve got solid forex trade setups forming on the cross-currencies this week. See if you agree with how I see price action in EUR/JPY, GBP/JPY and EUR/GBP! Read more

Forex Trade Review: EUR/NZD

EUR/NZD rocketed higher on Thursday thanks to a combination of broad Kiwi selling and risk-off behavior against the euro finding a bid. Read more

Forex Trade Update: EUR/NZD

After a bit of dizzying volatility for EUR/NZD around the ECB monetary policy meeting last week, forex traders are back to pushing this market lower. Read more

Forex Weekly Watch: Apr. 7 – 11, 2014

Once again, breakouts, retracements, and reversals are all valid forex trading setups in the cross currencies this week. Check’em out! Read more

Q1 2014 Forex Blog Review

As I let my EUR/NZD short trade marinate, I thought I’d take a moment to reflect on the how my blog trades did in the first quarter of 2014. Read more

EUR/NZD Breaking Major Support at 1.6000?

I thought I’d step away from the three Forex pairs I regularly keep track of in my Weekly Watch for a very interesting setup on EUR/NZD. Read more