Pipcrawler

Monday: +66 pips Tuesday: +80 pips Wednesday: No trade posted Thursday: No trade triggered Total: +146 pips

At the open of the euro session on Friday, US dollar buying continued, and the pair never made its way down to our sell entry point. No trade entered. Hope everyone is having is a great weekend!

At the open of the Euro trading session we saw the US dollar rally against all the majors as traders look for a safe haven from the North Korea missile situation. So, the question now is, “is this rally done?” Well, we have the US Durable Goods report coming out tomorrow morning at 8:30 am …

Well, the market was forecasting weak retail numbers out of Canada, and of course, the Canadians showed the market how wrong it was! We had a trade prepared for great numbers, and it looks like we capitalized by gaining +80 pips! Lot 1: +15 pips Lot 2: +65 pips Total: +80 pips

I’ve been reading news reports and looking at charts all day and to be honest, there really isn’t a trade jumping out at me. It’s been a range bound week for many pairs with the lack of significant economic reports and I think tomorrow is probably going to be the slowest day of the week. …

USD/CAD has made several attempts to break the 1.1250 price level on the hourly chart, but it looks like a “no go” as we’re seeing a move down in the pair. Now, it may find resistance at the 200 sma, that’s why I’m looking to short with a strong break below it. Tomorrow morning we …

Pipcrawler’s Pick of the Day: USD/CAD USD/CAD has made several attempts to break the 1.1250 price level on the hourly chart, but it looks like a “no go” as we’re seeing a move down in the pair. Now, it may find resistance at the 200 sma, that’s why I’m looking to short with a strong …

After the impulse wave pattern, we saw the corrective waves and a move sharply lower. It was helped by comments from the Bank of Japan Governor Fukui. Fukui stated that “monetary policy decisions should be made early and changes should be made in small increments.” And the market went Yen long on this statement. This …

I’ve been watching this pair for a while, and it seems here we have a nice little example of a currency pair moving in waves. To me, it looks like it has completed its impulse wave pattern and is now in corrective wave pattern mode. Hopefully, we can catch some pips on its way down. …

I’ve been watching this pair for a while, and it seems here we have a nice little example of a currency pair moving in waves. To me, it looks like it has completed its impulse wave pattern and is now in corrective wave pattern mode. Hopefully, we can catch some pips on its way down. …