May 2016 Monthly Archive

Trade Updates: Short EUR/GBP and Short GBP/JPY

I’ve had a couple of pound setups open last week but I’ve decided to lock in some gains ahead of the weekend then just stick to one play this week. Find out which one it is! Read more

Forex Weekly Watch: May 30 – June 3, 2016

This week’s top-tier events could lead to stronger moves for EUR/JPY, GBP/JPY and EUR/GBP so make sure you look at these potential inflection points and trade setups! Read more

Trade Idea: Revisiting GBP/JPY’s Ascending Triangle

Remember that GBP/JPY ascending triangle setup I was looking at weeks ago? The one I thought I already missed? It looks like this play is still valid after all! Read more

Trade Updates: Short GBP/JPY and Short EUR/GBP

With less than a month to go before the EU referendum, Brexit fears are creeping back in and weighing on the British pound. Here’s what happened to my GBP/JPY short trade idea. Read more

Forex Weekly Watch: May 23-27, 2016

It’s all about consolidation for the yen pairs and further downside for EUR/GBP! Here are the setups and inflection points I’m looking at this week. Read more

Trade Idea: EUR/GBP Head and Shoulders

I spy with my one eye this long-term reversal pattern on EUR/GBP! And since the pound has been lifted by strong jobs data and anti-Brexit sentiment lately, I’m thinking of hopping in. Read more

Trade Idea: GBP/JPY Ascending Triangle Resistance

The British pound seems to be snubbing economic releases nowadays so I’m focusing on this technical setup on GBP/JPY. What do you guys think? Read more

Forex Weekly Watch: May 16-20, 2016

We’re seeing a bit of consolidation for EUR/JPY, GBP/JPY, and EUR/GBP but this week’s set of top-tier catalysts could spur some breakouts! Read more

Trade Idea: Super Thursday GBP/AUD Short

I’m looking forward to seeing additional volatility for pound pairs during today’s BOE Super Thursday events. Here’s what I’ve got on GBP/AUD. Read more

Trade Review: GBP/CHF Correction Play

I’m booking my profits on this one, fellas! With the BOE statement coming up, I’m not too sure if GBP/CHF can carry on with its climb for the rest of the week. Read more

Forex Weekly Watch: May 9-13, 2016

With the BOE statement and MPC minutes lined up this week, we might see additional volatility from GBP/JPY and EUR/GBP. Take a look at these setups and significant levels! Read more

Trade Update: GBP/CHF Correction Play

And I’m in! I was able to catch a quick pullback after the descending trend line breakout on GBP/CHF and my trade’s looking good so far. Read more

Trade Idea: GBP/CHF Correction Play

I’ve spotted another neat break-and-retest setup on a pound pair! What do you guys think of this correction play on GBP/CHF? Read more

Forex Weekly Watch: May 2-6, 2016

Yikes! It looks like last week’s yen rally is forcing EUR/JPY and GBP/JPY to rethink their reversals while EUR/GBP is making a correction from its recent dive. Read more