August 2015 Monthly Archive

Forex Weekly Watch: Aug. 31 – Sept. 4, 2015

Forex volatility jumped and price action was choppy, but trend setups remain intact in EUR/JPY, EUR/GBP, and GBP/JPY. Check it out! Read more

Forex Trade Idea: CAD/JPY Short

Forex volatility is finally back and in CAD/JPY, I see an opportunity to play the momentum in the current broad risk-off sentiment environment. Read more

Forex Weekly Watch: Aug. 24 – 28, 2015

Last week’s big pop in forex volatility has definitely changed the charts on the currency crosses. See what I’ve got lined up on EUR/JPY, EUR/GBP & GBP/JPY. Read more

Forex Trade Reviews: AUD/JPY & AUD/NZD Short

Both of my AUD short positions saw another boost in forex volatility in my favor, & with both stalling at support, decided to take profits into the weekend. Read more

Forex Adjustment: AUD/JPY Short

With the choppy forex market we’ve seen all summer, I’ve decided to lock in a little bit of profit on my short AUD/JPY by trailing my stop. Here are my adjustments. Read more

Forex Trade Idea: AUD/NZD Short

Spotted a simple channel setup on AUD/NZD that makes sense with the forex market being in the doldrums of summer. After bouncing off of the top, will the pair make its way to the bottom? Read more

Forex Weekly Watch: Aug. 17 – 21, 2015

The EUR/JPY range breaks, GBP/JPY gets tighter, and EUR/GBP retests a potential resistance area in this week’s currency-cross weekly forex watch! Read more

Forex Trade Review: EUR/GBP Short

My textbook technical setup on EUR/GBP didn’t play out, likely due to weak U.K. sentiment and broad risk aversion due to China. Here’s a quick forex trade review. Read more

Forex Trade Idea: AUD/JPY Short

China devalued the yuan today, bringing on a round of risk aversion. I think AUD/JPY is a great way to play this potential forex sentiment change. Read more

Forex Weekly Watch: Aug. 10 – 14, 2015

Plain ranges and a slowly forming descending triangle makes for interesting setups in this week’s currency-cross forex watch! Read more

Forex Trade Idea: EUR/GBP Short

EUR/GBP is higher after a not-so-hawkish BOE event today. With the market testing potential forex resistance arguments, is this another opportunity to short? Read more

Forex Trade Review: NZD/CAD Long

With the technical picture changing, I decided to close my NZD/CAD trade long position as the uptrend shifts into consolidation. Here’s a quick forex review. Read more

Forex Weekly Watch: Aug. 3 – 7, 2015

New pictures have formed and with a busy forex week ahead, new opportunities seem to be forming on EUR/JPY, GBP/JPY, and EUR/GBP! Read more