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Pick of the Day
The head and shoulders pattern I pointed out last week on GBP/JPY finally saw a down break, so it’s time to hop in and see where the market takes me! Read more
The tide seems to be turning against Guppy these days, as the pair broke below a short-term rising trend line and is forming a reversal chart pattern. Read more
I’ve spent a good part of the holidays sneaking off to crunch the numbers on my trading performance for Q4 2016 and to figure out what I can still improve on. Here’s what I got!
With the BOJ statement coming up in a few, I’m keeping close tabs on USD/JPY’s uptrend today. Will I get the chance to hop in another pullback play? Read more
Guppy looks ready to make a test of its short-term rising trend line on the 1-hour time frame so I’m thinking of joining the pound bulls right here. Take a look! Read more
I’m all about pairing a strong versus a weak currency this time so I’m looking at this breakdown and pullback setup on EUR/CAD. Check it out! Read more
Cable has been trending higher these days as Brexit fears are abating and U.K. data has been improving. I’m looking to go long on a pullback to the rising channel support.
Has EUR/USD finally bottomed out? Its long-term range support was able to keep losses in check with a reversal candlestick to boot! Think I should go long?
I was in and out of this USD/JPY trade real quick, and fortunately I was able to score pips! Here’s how my short-term position turned out. Read more
I’m seeing a pretty decent pullback on USD/JPY, and I think this is my chance to hop in the ongoing uptrend. Take a look at this setup! Read more
I’m a bit bummed out about closing my previous long USD/JPY position too early but I’m still hoping to catch this uptrend on a larger pullback. Here are the levels I’m watching. Read more
USD/JPY has made quite the run this week so I think it’s time for me to book profits for now while staying on the lookout for a chance to buy again on dips. Read more
Now that USD/JPY has covered quite a bit of ground, it’s time for me to make some risk adjustments to protect my profits. Here’s a quick update on my long position.
I’ve been patiently watching this USD/JPY long-term break-and-retest setup for quite some time, and I think I’m getting enough confirmation to take a long position. Read more