Pick of the Day

Forex Retracement Play on USD/CAD?

Now that the FOMC event has passed, I think it might be time for a pullback in recent USD strength and Loonie weakness. Is there an opportunity to jump in the USD/CAD trend higher? Read more

Forex Trade Review: USD/CHF Long

Closed my USD/CHF long early as the technical setup for a long position is invalidated with the recent shift in sentiment. Here’s a quick forex trade review. Read more

Forex Trade Review: NZD/CAD Long

Decided to close my long-term NZD/CAD long as the pair retests a seemingly unbreakable psychological level. Here’s a quick forex trade review. Read more

Short-term Trend Higher in USD/CHF?

Starting off the new forex trading week with a simple technical setup on USD/CHF. With the short-term trend higher, is a pullback a good time to go long? Read more

Forex Trade Review: AUD/CAD Short

With big event risk coming I decided to lock in profits on my AUD/CAD short. Here’s a quick forex trade review & follow up thoughts after the BOC decision. Read more

Forex Trade Review: GBP/USD Short

A great start to the week for me as Cable made the extra move lower to retest strong support and my profit taking orders at 1.5600. Here’s a quick review! Read more

New Idea on AUD/CAD & Adjustments to Open Orders

The Loonie has been on a rally that I’d like to try to catch a ride on, and the charts on my latest USD ideas have changed, so it’s time to update and adjust! Read more

Swing Range Forex Short on NZD/USD

Starting out the week with a nice and easy forex range play on NZD/USD ahead of a U.S. heavy data week and potentially active New Zealand dollar. Read more

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