Trade Watchlist: Waiting for Momentum on GBP/AUD
So far so good on my short-term EUR/AUD pullback play, and I’m seeing a similar setup materializing on GBP/AUD. This time, though, I’m gonna hold out for more confirmation before going long.
Read MoreSo far so good on my short-term EUR/AUD pullback play, and I’m seeing a similar setup materializing on GBP/AUD. This time, though, I’m gonna hold out for more confirmation before going long.
Read MoreI spy with my one good eye a couple of break-and-retest plays and a potential consolidation break. Think pound bears could extend their stay for another week?
Read MoreI’m setting my entry levels, fellas! EUR/AUD has pulled back to that area of interest I’m watching so I’ll go for a long position once bullish momentum returns.
Read MoreUpbeat expectations for the BOE Super Thursday were enough to take GBP/JPY all the way up to my profit target. This was a good short-term play in my book!
Read MoreAussie weakness has been in play as iron ore prices tumbled last week while euro rallies could resume now that the focus is shifting back to fundamentals. I’ve got my one good eye on this quick EUR/AUD pullback!
Read MoreCan European currencies extend their rallies for yet another week? I’m zooming in to the 1-hour charts of EUR/JPY, GBP/JPY, and EUR/GBP to find out!
Read MoreSterling ain’t looking back from its rallies these days so I decided to hop in with a long position at market to catch GBP/JPY’s climb. Think I made the right decision?
Read MoreSterling has been on a tear for the past few weeks but I’m seeing a chance to catch a pullback on GBP/AUD this week. Think I should hop in at market or wait for a larger correction?
Read MoreAnother round of rallies for the European currencies? Here’s how the charts of EUR/JPY, EUR/GBP, and GBP/JPY looking at the start of this brand-new month.
Read MoreYen bears seem to be on top of their game these days so I’m cutting losses on this AUD/JPY short trade before it hits my stop. Here’s what I learned from this setup.
Read MoreOur life is what our thoughts make it.Marcus Aurelius