February 2016 Monthly Archive

Forex Trade Update: GBP/NZD Falling Wedge

Remember that GBP/NZD falling wedge formation I showed y’all last week? Since price bounced off the support, I’m looking to enter at a forex pullback. Read more

Forex Weekly Watch: Feb. 29 – Mar. 4, 2016

With all the strong forex trends we’ve been seeing these days, I’m keeping close tabs on these retracement setups on EUR/JPY, GBP/JPY, and EUR/GBP. Read more

Forex Trade Idea: GBP/NZD Falling Wedge

With Brexit concerns still in play, I’m looking for another chance to short the British pound. Here’s what I’m looking at on GBP/NZD’s 4-hour forex chart. Read more

Forex Trade Review: EUR/GBP and GBP/CAD

EUR/GBP rallied and GBP/CAD sold off as I expected but, unfortunately, I wasn’t able to catch those moves! Here’s why. Read more

Forex Weekly Watch: Feb. 22-26, 2016

Who’s in the mood for short-term forex plays? I’ve got potential trend and breakout setups on EUR/JPY, GBP/JPY, and EUR/GBP right here. Read more

Forex Trade Idea: Short-Term GBP/CAD Retracement

Now that GBP/CAD just broke below the long-term double top neckline, I’m hoping to catch the forex downtrend with this textbook break-and-retest play! Read more

Forex Trade Idea: EUR/GBP Uptrend

I’m looking at this textbook uptrend forex play on EUR/GBP this week, but I swear I’ll be extra patient in waiting for the U.K. top-tier reports first. Read more

Forex Weekly Watch: Feb. 15-19, 2016

I spy with my one eye a bunch of potential forex trend setups for EUR/JPY, GBP/JPY, and EUR/GBP this week. Do you think we’ll see breakouts though? Read more

Forex Trade Review: EUR/JPY Descending Channel

Touchdown! Just a few hours after I posted my EUR/JPY trade update, risk aversion came charging across the forex field, pushing price to the end zone at the descending channel support. Read more

Forex Trade Update: EUR/JPY Descending Channel

Almost there! The risk-off vibes in the forex market are working in this trade’s favor, taking EUR/JPY close to the bottom of the descending channel I’m watching. Read more

Forex Trade Review: GBP/AUD Short-Term Channel

So much for that short-term channel! I should’ve been way more patient with this one instead of hopping right in. Here’s a review of my GBP/AUD forex trade. Read more

Forex Weekly Watch: Feb. 8-12, 2016

Took a quick break from watching the Super Bowl 50 to draw up these short-term forex plays on EUR/JPY, GBP/JPY, and EUR/GBP. Take a look! Read more

Forex Trade Idea: GBP/AUD Short-Term Channel

With the BOE Super Thursday coming up, I’ve been on the hunt for short pound forex setups lately. Here’s what I’m looking at on GBP/AUD. Read more

Forex Trade Update: EUR/JPY Descending Channel

Hold or fold? I’ve got this short EUR/JPY forex position open and price seems to be finding resistance at the top of the descending channel I showed y’all last week. Read more