Pick of the Day

Technical Long on USD/CAD

I’m laying out orders to go long a small position in USD/CAD, mainly on the trend higher and the pair hitting strong arguments for technical support. Read more

Another Technical Short on Cable

In my GBP/USD short forex trade review last Friday, I mentioned that I’m still short bias on the pair. With a similar pattern forming, I just may take another shot! Read more

Forex Trade Review: GBP/USD Short

Didn’t get the pullback higher to get bigger in this trade, but the alternative wasn’t so bad: a drop to my profit target in GBP/USD! Here’s a quick forex trade review. Read more

Adjustment for Same Risk, but Bigger Profit on GBP/USD

With sellers back in control and the downtrend still intact, here are some adjustments to maximize my potential gain while keeping the same max risk. Read more

Shorting GBP/USD Ahead of U.K. Data

I’m laying out a small short position ahead of potentially economic releases that could have forex traders pushing the British pound lower. Read more

Forex Trade Review: USD/CHF

After adjusting my stop once again ahead of the Non-Farm payrolls number, the USD pulled back to hit after a lower than expected read. Here’s a quick forex trade review. Read more

Forex Adjustment to USD/CHF Long

Dollar bulls continue to be in control after the Fed ended QE last week, so it’s time to adjust my forex trade to reduce risk & maximize my potential reward. Read more

Long USD/CHF after FOMC

The Fed ends QE as expected, but there were positive comments from the FOMC that has forex traders still optimistic of a rate hike–and me bullish on USD. Read more

Forex Adjustments Ahead of the FOMC

With a potentially volatile event coming up this week, I’ve decided to adjust my trades to lock in small profits and avoid event risk. Read more

Forex Trend Higher in USD/CAD?

For the new forex trading week, I’m starting out with a simple trend setup on USD/CAD. Will the trend be my friend this week? Read more

Shorting Back into the EUR/USD Downtrend

With a big pop today in EUR/USD and forex volatility, I’m jumping in to play the longer-term downtrend at a potential resistance area. Read more

Simple Technical Short on GBP/USD

I don’t know if it’s overdone, but I’m looking to play the bullish dollar sentiment that’s dominated lately, with the help of U.K. data this week. Read more

Long-Term Long on NZD/CAD

The Kiwi has been getting beaten down for months, which makes it an attractive buy on a good looking technical setup in NZD/CAD. Read more

Forex Review: Reflecting on My Q3 2014 Performance

It’s time to reflect on the market opportunities, as well as both the good and bad decisions I made. Here’s my reflection on my Q3 forex performance. Read more

Forex Trade Review: USD/JPY

Risk aversion took over this week, which typically means broad gains for the Japanese yen. The risk-off move was so strong though that I had to get out of my forex trade. Read more