Pipcrawler

Pick of the Day

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

Trade Idea: USD/CHF Bearish Momentum

Weak U.S. data this week continues to dampen Fed rate hike hopes so I’m gonna join the short USD bandwagon with this USD/CHF setup. Check it out! Read more

Trade Idea: Catching Guppy’s Uptrend

I’m seeing bullish signals for Guppy on both the short-term and long-term time frames so I’m hopping in to catch this ongoing uptrend. Here are my long entry levels. Read more

Forex Watchlist: USD/JPY Testing Area of Interest

It’s NFP Friday so I’ve got my eyes on USD/JPY again, waiting for a bounce or a break from this area of interest. Which way do you think will this pair go? Read more

Orders Canceled: Quick Pullback on USD/JPY

Well that pullback was way quicker than I imagined! USD/JPY barely looked back before climbing higher, failing to reach my entry area around the Fibs. Read more

Trade Idea: Quick Pullback on USD/JPY

Diverging monetary policy biases from the Fed and the BOJ could be enough to keep USD/JPY on an uptrend so I’m waiting to hop in on a short-term correction. Read more

Trade Canceled: GBP/USD Pullback Play

I changed my mind about setting short orders on Cable since price blew past the Fibs and nearby resistance without even looking back. Read more

Trade Idea: GBP/USD Pullback Play

I may have left some pips on the table with my previous Cable short, but I’m convinced that the downtrend could resume at some point. Here’s the pullback play I’m looking at. Read more

Trade Review: GBP/USD Short-Term Retracement

I’ve decided to finally book profits on this short Cable position to avoid potential losses during the U.S. retail sales release. Here’s how it turned out. Read more

Trade Review: NZD/JPY Short-Term Downtrend

I probably should’ve been quicker about locking my gains on this one because price started climbing even before the RBNZ made its decision! Read more

Trade Idea: Short-Term NZD/JPY Downtrend

The RBNZ is widely expected to cut interest rates in their monetary policy statement this week so I’m gonna try to catch a short Kiwi trade. Here’s what I’m seeing on NZD/JPY.

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Trade Updates: Short GBP/USD and Long USD/CAD

I’ve made a few adjustments in my open trades to account for additional volatility and upcoming catalysts. Here’s what I have on GBP/USD and USD/CAD. Read more