October 2016 Monthly Archive

Weekly Watch: Oct. 31-Nov. 3, 2016

I’m seeing a couple of reversal setups on EUR/JPY and EUR/GBP, along with a potential breakout for GBP/JPY with this week’s BOE statement. Read more

Trade Update: EUR/NZD Long-Term Floor

Got the upside breakout I was hoping for so I sat tight and waited for this quick pullback. Here’s a quick update on my EUR/NZD idea. Read more

Forex Watchlist: EUR/NZD Long-Term Floor

I spy with my one good eye a reversal candlestick right on the long-term support of EUR/NZD. Will the bottom of this daily range hold? Read more

Trade Review: EUR/AUD Triangle Breakdown

It looks like EUR/AUD is hesitating to head further south so I’m booking my profits right here while staying on the lookout for another break lower. Read more

Weekly Watch: Oct. 24-28, 2016

It’s all about trends and breakouts for EUR/JPY, GBP/JPY, and EUR/GBP. Check out these short-term setups I’m watching this week! Read more

Q3 2016 Forex Blog Review

We’re down to the last few months of the year, and I’m hoping to up my forex game by first reviewing my performance for the third quarter. Here are the setups I had then.

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Trade Idea: EUR/AUD Triangle Breakdown

Breakout alert! EUR/AUD is finally busting out of that descending triangle formation visible on its daily time frame. Is it in for a longer-term drop? Read more

Weekly Watch: Oct. 17-21, 2016

I’m seeing a new trend for EUR/JPY and potential breakouts for the pound pairs ahead of the top-tier market catalysts from the U.K. this week. Read more

Trade Review: GBP/AUD Short-Term Pullback

Well, that was quick! The fundamental situation changed for GBP/AUD just a few hours after I shorted so I’m gonna jump out of this trade while it’s still in the green.

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Trade Idea: GBP/AUD Short-Term Pullback

It’s about time I hopped in this pound selloff! I’m seeing a quick pullback on the 1-hour chart of GBP/AUD so I entered a small position at market. Read more

Weekly Watch: Oct. 10-14, 2016

Talk about volatility! Sterling’s flash crash yielded big moves for EUR/GBP and GBP/JPY while EUR/JPY seems to be stuck in a range. Read more

Trade Closed: GBP/CHF Triangle Bounce

So much for counting on a triangle bounce! I decided to close this long GBP/CHF position early when price started to break below the support at 1.2500. Read more

Weekly Watch: Oct. 3-7, 2016

Brexit updates and Deutsche Bank jitters have been pushing the European currencies around while yen weakness still seems to be in play. Here’s what I’m seeing on EUR/JPY, GBP/JPY, and EUR/GBP. Read more