April 2016 Monthly Archive

Trade Idea: GBP/NZD Breakout Pullback

With all these breakouts on GBP pairs these days, I’ve decided to switch to a bullish pound bias with this long GBP/NZD trade idea. Check it out and tell me what you think! Read more

Trade Reviews: EUR/GBP and GBP/JPY

So much for my bearish pound bias! It looks like the anti-Brexit sentiment is gaining support these days so I’m out of my long EUR/GBP and short GBP/JPY trades. Read more

Forex Weekly Watch: Apr. 25-29, 2016

Reversals… reversals everywhere! Do these breakouts mean the end of the long-term trends on EUR/JPY, GBP/JPY, and EUR/GBP? Read more

Trade Idea: GBP/JPY Support Turned Resistance

Now that we’ve seen a couple of downbeat U.K. reports this week, I’ve got another short pound trade idea with this support turned resistance play on GBP/JPY. Read more

Trade Update: EUR/GBP Trend Line Pullback

My second entry order just got triggered! Do you think I should hold on to this EUR/GBP long position ahead of today’s U.K. jobs release? Read more

Forex Weekly Watch: Apr. 18-22, 2016

The ECB statement, U.K. jobs release, and U.K. retail sales report should provide more volatility for EUR/JPY, GBP/JPY, and EUR/GBP this week. Take a look at these setups! Read more

Trade Idea: EUR/GBP Trend Line Pullback

I’m gonna try to play the U.K. top-tier events this time with this EUR/GBP correction play ahead of the BOE statement. What do you guys think? Read more

Trade Review: EUR/JPY Fibonacci Pullback

To avoid weekend risk, I’ve decided to close this EUR/JPY short position last Friday but I’m still open to re-entering. Here’s how the trade turned out. Read more

Forex Weekly Watch: Apr. 11-15, 2016

With risk aversion still in play and a couple of top-tier U.K. events lined up, I’m looking at these trend setups on EUR/JPY, GBP/JPY, and EUR/GBP. Read more

Forex Trade Update: EUR/JPY Fibonacci Pullback

So far, so good on this EUR/JPY short forex position! Even though price missed my second short order on a larger pullback, I was able to add and press my advantage. Read more

Q1 2016 Forex Blog Review

Before I move on to my first few forex setups for this quarter, lemme take a quick walk down memory lane by reviewing my trades for Q1 2016 and the lessons I’ve learned from these. Read more

Forex Weekly Watch: Apr. 4-8, 2016

Pound weakness and euro strength have been in play last week so let’s take a look at these forex setups to see if the trends might continue in the next few days. Read more

Forex Trade Review: GBP/NZD Falling Wedge

Boo yeah! Another winning trade! Just a few hours after I posted my earlier update, GBP/NZD dipped all the way down to my profit target. Read more