Pick of the Day

Forex Watchlist: AUD/NZD Testing Range Resistance

What’s up forex fiends!? I’m not seeing any new trade ideas at the moment, but this recent move higher in AUD/NZD to previous resistance makes for an interesting short play soon. Read more

Trade Idea: EUR/CAD Triangle Breakout

Been waiting a while on EUR/CAD to see if that triangle breakdown was a breakout or fakeout. Well, it looks like the bears are firmly in control so it’s time to take my shot! Read more

Trade Idea: GBP/NZD Falling Trendline Retest

Didn’t get a chance to participate in the last drop in GBP/NZD because I missed my entry by a few pips. Looks like I get another shot to play the downtrend at a great price thanks to the RBNZ. Read more

Trade Idea: Return to the Uptrend in USD/CHF?

I’m not a fan of many setups on the shorter timeframe as volatility remains relatively low, so I’ve zoomed out to the daily charts and found this potential setup to play my fundamental biases on the U.S. and Switzerland. Read more

Trade Idea: CHF/JPY Trendline Breakdown

After strong resistance holds and a rising trendline break, I’m taking a forex swing trade to play my bearish bias on CHF/JPY! Read more

Trade Watchlist: Uptrend Pullback in NZD/CHF

We’ve got a textbook trend going on in NZD/CHF, but I think the price isn’t quite right for an entry just yet. We’ve got a potentially big economic event coming up from New Zealand that just might get me there. Read more

Trade Watchlist: Consolidation Breakout on CHF/JPY?

CHF/JPY doesn’t usually make it to my watchlist, but after weeks handing around 114.00, it might be time to hop in on potential volatility coming up! Read more

Trade Idea: GBP/NZD Downtrend Bounce?

Big week ahead for GBP/NZD with potential catalysts for both Sterling and the Kiwi. Could it be enough to get me in a short positions at a better price? Read more

Trade Review: GBP/JPY Head & Shoulders Breakdown

After rolling my stop down to lock in some profits after Theresa May’s speech, Guppy jumped another leg higher to trigger my closing orders. Here’s a quick forex trade review! Read more

Trade Update: GBP/JPY Head & Shoulders Breakdown

Since hopping in short last week, Guppy made a big move lower to give me a profit, even after the broad Sterling rally after Theresa May’s speech today. So, what’s next? Read more

Trade Idea: GBP/JPY Head & Shoulders Breakdown?

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

Forex Watchlist: GBP/JPY Reversal Formation

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

Reflecting on My Q4 2016 Forex Performance

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!

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Trade Idea: Another USD/JPY Pullback?

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

Trade Idea: GBP/JPY Trend Line Test

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