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Forex traders flipped back to taking risk in recent sessions, sending the comdolls back on the upswing, which was not great for my short CAD position.
Read MoreTight forex ranges in the crosses last week, which means both range & trend breakout setups are in the works. Check out the latest on EUR/JPY, EUR/GBP & GBP/JPY!
Read MoreMy decision to stop-&-reverse on GBP/NZD worked out nicely, but it looks like 2.35 continues to be strong support. With NFP & the weekend coming up, decided to close & take profits.
Read MoreThe rising trendline continues to be strong in EUR/CAD, so why not take a shot at it as it’s about to be retested? Will a retest draw in forex buyers again?
Read MoreLots of potential this week as the range in EUR/GBP is still in play, while the charts on EUR/JPY & GBP/JPY looks like we’re about to see another down move.
Read MoreThe British pound was hated on big time this week, and with two Sterling positions open, it was time to adjust to limit losses and hop on this new shift in forex sentiment.
Read MoreEUR/GBP seems to be breaking out of its recent range and we saw a bounce off of the .7200 handle soon after. Is a break-and-retest forex setup in the works?
Read MoreIt was all about ranges last week, but the longer-term forex patterns remain the same with Fib setups on EUR/JPY & GBP/JPY, & a range in EUR/GBP. Check it!
Read MoreGoing with a very simple forex technical setup on GBP/NZD, riding higher in a channel pattern that may look to retest the bottom very soon.
Read MoreMixed price action among my usual currency-cross watchlist last week, creating a couple of textbook setups I’m likely to take this potentially action packed week.
Read MoreUse what talent you possess: the woods would be very silent if no birds sang except those that sang best. Van Dyke Henry