January 2017 Monthly Archive

Trade Adjustments: EUR/AUD Potential Breakdown

Did I just get faked out? The long-term range support on EUR/AUD seems to be holding again so I might need to close this one early and trim my losses. What do you think? Read more

Trade Update: EUR/NZD Long-Term Selloff

Woot woot! More pips in the bag! EUR/NZD carried on with its dive, breaking below the 1.4700 major psychological support and allowing me to roll my stop lower to lock in more gains. Read more

Weekly Watch: Jan. 30 – Feb. 3, 2017

With the BOJ and BOE set to announce their policy decisions this week, I’m on the lookout for potential breakouts on EUR/JPY, GBP/JPY, and EUR/GBP. What do you think? Read more

Trade Update: EUR/NZD Long-Term Selloff

Woohoo! Finally some strong downside momentum on this EUR/NZD short position! Because of that, I’m rolling my stop lower to lock in a few gains as planned. Read more

Forex Watchlist: EUR/CAD Double Bottom

Trump’s protectionist plans aren’t looking too good for it’s main trading partners at the moment, so I’m considering this short Loonie position against the euro. What do you think? Read more

Weekly Watch: Jan. 23 – 27, 2017

I’m seeing signs of trend continuation on EUR/JPY, GBP/JPY, and EUR/GBP these days, but it could all boil down to this week’s top-tier catalysts from the U.K. and euro zone. Read more

Trade Update: EUR/AUD Potential Breakdown

And I’m in! Fundamentals are lining up neatly for this EUR/AUD support breakdown setup so I’ve decided to hop in at market with a short position.

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Trade Idea: EUR/AUD Potential Breakdown

I’ve got my one good eye locked on another short euro setup with this EUR/AUD falling wedge formation. Think the comdolls can extend their rallies?

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Trade Watchlist: EUR/JPY Long-Term Channel

EUR/JPY looks poised to resume its long-term downtrend after price showed bearish confirmation on the 1-hour chart. Take a look at this neat setup! Read more

Weekly Watch: Jan. 16 – 20, 2017

Gaps, gaps everywhere! Euro and pound traders seem eager to get a piece of the forex action this week since there are plenty of top-tier catalysts lined up. Take a look at the setups I’m watching! Read more

Trade Update: EUR/NZD Long-Term Selloff

Aha! I’m finally seeing a breakdown on EUR/NZD as the pair validated a short-term reversal pattern, signaling further bearish momentum. Here’s what I’m talkin’ about! Read more

Trade Watchlist: EUR/GBP Ascending Channel

EUR/GBP continues to push higher, breaking past that rising wedge formation I was looking at and creating an ascending channel on its 4-hour chart. Time to hop in?

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Trade Watchlist: AUD/NZD Range Setup

I spy with my one good eye this neat range on AUD/NZD’s long-term time frames! Price just bounced off support and seems to be aiming for the top, but it could encounter a nearby ceiling.

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Weekly Watch: Jan. 9 – 13, 2017

Time for reversals or breakouts on the crosses? I’m seeing a few signs of trend exhaustion on EUR/JPY, EUR/GBP, and GBP/JPY but still waiting for market catalysts. Read more

Trade Watchlist: EUR/NZD Long-Term Selloff

Happy 2017, forex buddies! I’m kicking the year off by going with the flow on EUR/NZD since I’m seeing downtrend confirmation on the short-term charts. Read more

Weekly Watch: Jan. 2-6, 2017

Are reversals in order for the crosses at the start of this year? Take a look at these setups and inflection points I’m watching on EUR/JPY, GBP/JPY, and EUR/GBP. Read more