Pick of the Day

Trade Review: GBP/CHF to Resume Uptrend?

Sterling bears came out in force after disappointing poll results, leading the market to invalidate my technical setup on GBP/CHF. Decided to close out early to limit my loss. Read more

Trade Idea: Resistance on CAD/JPY?

I’m taking another short opportunity in a longer-term downtrend, this time on CAD/JPY as it seems to have drawn in sellers at a previous swing high. Time for selling to resume? Read more

Trade Review: Upside Channel Breakout on NZD/CAD

Decided to close out my NZD/CAD for both fundamental & technical reasons. Here’s a quick review of thoughts and how the trade turned out! Read more

Forex Trade: Strong Resistance on NZD/USD?

This week, I’m keeping it simple with this textbook resistance setup on NZD/USD. Is the USD selloff overdone? Have the Kiwi bulls running out of steam? Read more

Forex Watchlist: AUD/JPY Broken Wedge Retest?

With the yen getting its mojo back and the Aussie bears shaking off the positive jobs data, I’m looking at this textbook technical setup on AUD/JPY for a potential short play. Read more

Trade Idea: GBP/CHF to Resume Uptrend?

I’m throwing up another simple setup onto the books with this drop in GBP/CHF setting a up a potential long opportunity into a recent uptrend. Will buyers come back? Read more

Recent Idea Updates: AUD/USD, GBP/NZD & NZD/CAD

With the weekend right around the corner, I thought I’d do quick updates and adjustments on my latest ideas in AUD/USD, GBP/NZD and NZD/CAD! Read more

Trade Idea: Will GBP/NZD Uptrend Continue?

GBP/NZD bulls have solidly been in control for the past few weeks but it looks like the rally has run out of steam. Just a pause before moving higher? Read more

Forex Trade: Downside Momentum in AUD/USD

Kinda kicking myself for exiting this short early in April, but I still think there’s opportunity with fresh downside momentum in AUD/USD. Check it! Read more

Forex Trade: Upside Channel Breakout on NZD/CAD

Today, I’m switching out my short CAD ideas with this simple NZD/CAD breakout setup, ahead of potentially volatile catalysts for both the Kiwi and the Loonie. Check it! Read more

Trade Idea: EUR/CAD Long on Pullback

Similar to my EUR/AUD idea, here’s a bullish euro setup that’s getting a little bit of a kicker from recent oil sentiment and Canadian data. Read more

Trade Idea: Short-term Rally in EUR/AUD

Last week, I was watching EUR/AUD to see its next move after testing the top of a falling channel, and with this weekend’s upside break, it might be time for me to make my move! Read more

Trade Review: CHF/JPY Downtrend Pullback Opportunity?

Took a calculated risk ahead of the French election and I lost on CHF/JPY. Here’s a quick review & a reminder about getting stopped out on weekend gaps. Read more

Trade Watchlist: EUR/AUD Channel Lower

It’s rare that we get so many clean technical setups as what I see in EUR/AUD on the daily timeframe, but with a major event this weekend, it’s watch mode for now. Read more

Trade Idea: CHF/JPY Downtrend Pullback Opportunity?

Momentum remains strong to the downside on CHF/JPY after a break of support around the major psychological level of 110.00. Is the latest bounce another opportunity to play the strong trend? Read more