Trade Idea: Short-term Setup on USD/CAD
USD/CAD may see a pick up in volatility pretty soon with the upcoming U.S. jobs data. Will the recent uptrend continue or is a downside break in the cards?
Read MoreUSD/CAD may see a pick up in volatility pretty soon with the upcoming U.S. jobs data. Will the recent uptrend continue or is a downside break in the cards?
Read MoreAfter a choppy couple of months for USD/JPY, my short position finally closed for a profit at my adjusted stop as the Greenback rallied last week. Here’s a quick review and a few thoughts on USD/JPY going forward.
Read MoreNZD/USD seems to be failing to break above a very strong area of interest. Is it time for the bears to take back control and resume the longer-term downtrend?
Read MoreWe’ve got potential catalysts this week for the Greenback, so I decided to adjust my USD/JPY short trade to lock in further profit.
Read MoreUSD/JPY made a strong move lower ahead of today’s FOMC monetary policy decision, and with the meeting going as expected, I decided to adjust my position to lock in some profits.
Read MoreWe’ve got a potential reversal in the works on AUD/NZD as the pair retests a strong area of previous resistance ahead of top tier events from AU and NZ.
Read MoreEvent risk from both AU & NZD prompted a strong move in AUD/NZD to break strong support & push the pair down to my max stop loss level. Doh! Here’s a quick review.
Read MoreBoth the Aussie and Loonie flipped sentiment quickly last week, so I decided to close my AUD/CAD short to avoid the max loss. Here’s a quick review.
Read MoreWe have a potential USD catalyst ahead this week, so I’m adjusting my plan to take advantage if the market plays out in my favor.
Read MoreUSD just bounced after the latest FOMC meeting minutes. Is this a real shift in sentiment or an opportunity to play recent biases like the downtrend in USD/CAD at a better price?
Read MoreTraders have to ask themselves whether they can handle being right only 30% of the time, or do they feel they have to be right day after day? It is that latter perspective that holds a lot of people back.Amrit Sall