Pick of the Day

Reflecting on My Q3 2016 Forex Performance

Time really does fly when your catching pips, huh? Here’s a quick rundown of the setups I’ve taken in the previous quarter and my takeaways.

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Trade Review: GBP/NZD Triangle Support Break

Pound bears seem to be getting exhausted so I’m taking my profits with my GBP/NZD short position. Here’s how it turned out. Read more

Trade Review: AUD/JPY Symmetrical Triangle

I’m outta here! Weaker than expected Australian jobs data might keep AUD/JPY below its long-term ceiling for now so I’m booking my profits pronto. Read more

Trade Updates: GBP/NZD and AUD/JPY

I’m locking in more profits on these positions as momentum keeps going in my favor. Here’s how my GBP/NZD and AUD/JPY trades are looking so far. Read more

Trade Idea: USD/CHF Triangle Breakout Correction

With the Fed likely to stay on track towards hiking interest rates before the end of the year, I’m looking to buy the Greenback on dips. Here’s what I’m seeing on USD/CHF. Read more

Trade Updates: GBP/NZD and AUD/JPY

So far so good on my GBP/NZD and AUD/JPY trades! With this pickup in momentum for both pairs, I’ve decided to add to my positions. Read more

Trade Updates: GBP/NZD and AUD/JPY

Pound and yen weakness seem to be the main market themes these days so I’m making my moves in these GBP/NZD and AUD/JPY setups. Take a look! Read more

Trade Closed: USD/CHF Bearish Momentum

Dollar bulls have been charging lately and I have reason to believe that they would continue to do so, which means it’s time for me to cut losses on this USD/CHF short. Read more

Trade Idea: GBP/NZD Triangle Support Break

Pound weakness has been a big theme in the markets these days, thanks to resurfacing concerns about the Brexit. Here’s why I jumped in this GBP/NZD short trade. Read more

Forex Watchlist: AUD/JPY Symmetrical Triangle

Yen pairs look ready to break out of their consolidation patterns these days, and I’m favoring this AUD/JPY setup in case an upside move happens. Read more

Trade Review: CAD/JPY Descending Triangle

Looks like I caught the wrong side on this one so I’ve cut my losses quickly with this CAD/JPY setup. Think I should hop in the opposite position? Read more

Trade Idea: CHF/JPY Long-Term Selloff

Yen bulls are still charging even after the BOJ announced some policy changes so I’m going with the flow on this CHF/JPY downtrend.

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Trade Idea: CAD/JPY Descending Triangle

I’ve been looking for a potential yen play for the upcoming BOJ statement and I’m liking this one on CAD/JPY. Take a look! Read more

Trade Update: USD/CHF Bearish Momentum

Looks like USD/CHF is still stuck in consolidation since dollar traders are holding out for more clues on what the FOMC might do next. Here are some adjustments I’m making. Read more

Trade Closed: Catching Guppy’s Uptrend

Guppy already broke below that short-term rising trend line I was looking at so I think it’s time to close this trade for now then just consider reentering later on. Read more