Pipcrawler

Pick of the Day

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

Trade Review: Strong Resistance on AUD/USD?

After locking in more profits ahead of Aussie data this week, it was mostly President Trump that sent USD against me to take me out at my adjusted stop. . Here’s a quick review & thoughts! Read more

Trade Adjustment: Strong Resistance on AUD/USD?

My AUD/USD short is still paying off for me, but with the market testing major support & with Aussie data coming up, I thought it was time to lock in more profits. Read more

Reflecting on My Q1 2017 Forex Performance

Q1 is done! It’s time to do a quick review on whether my 2016 adjustments were done & what adjustments I need to make with the current environment. Check it out! Read more

Trade Adjustment: Strong Resistance on AUD/USD?

The major resistance area on AUD/USD held as hoped & now giving me some good pips. With NFP ahead it’s time to reduce risk & max out my potential gain. Read more

Forex Watchlist: Long-term Fib Setup on EUR/NZD

With FX volatility still snooze mode, there’s really no choice but to look at the longer-term time frames for opportunity. Fortunately, I think I found one with this simple Fib setup on EUR/NZD. Read more

Trade Review: Potential Support on NZD/CHF?

After bouncing around the .7000 handle, it looks like the bears are starting to win out the battle. With price invalidating the trade, I decided to limit my max risk by closing out manually. Read more

Trade Idea: Sell Momentum on NZD/JPY?

Momentum remains strong to the downside on NZD/JPY after a break of the strong support around 81.00. Does it still have legs in the short-term? Read more

Forex Watchlist: Potential Resistance Ahead for GBP/CAD?

With today’s pop higher in GBP/CAD, I think it’s now starting to get interesting as a potential short-term play as it approaches a prior strong consolidation area. Read more

Trade Idea: Strong Resistance on AUD/USD?

Keeping it simple once again with this textbook range setup on AUD/USD. I’m still bullish in the Greenback over the Aussie, & I’m finally getting another chance to play at a potentially great price. Read more

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

No strong rally higher for the Greenback after Friday’s better-than-expected Non-Farm Payrolls. USD actually turned lower on the session, enough to trigger my rolled up stop to close me out for a small profit. Read more