Pipcrawler

Caught a bit of luck with USD/CHF, now up over 100 pips in my favor. It’s time to lock in some pips and create a “risk-free” trade. Here are my adjustments.

While initial price action looked favorable, CAD bears grew in strength this week to push the Loonie lower across the board, including my EUR/CAD short to its max stop level.

Since putting on my short position in GBP/NZD, my fundamental bias & the technicals have changed enough to close out. Here’s a quick forex trade review.

CHF/JPY has slowly gone my way but 112.50 seems to be unbreakable for the bears. No matter where it goes next, here are a couple of adjustments to reduce risk & maximize gains.

What’s up forex fiends!? I’m not seeing any new trade ideas at the moment, but this recent move higher in AUD/NZD to previous resistance makes for an interesting short play soon.

Been waiting a while on EUR/CAD to see if that triangle breakdown was a breakout or fakeout. Well, it looks like the bears are firmly in control so it’s time to take my shot!

Didn’t get a chance to participate in the last drop in GBP/NZD because I missed my entry by a few pips. Looks like I get another shot to play the downtrend at a great price thanks to the RBNZ.

I’m not a fan of many setups on the shorter timeframe as volatility remains relatively low, so I’ve zoomed out to the daily charts and found this potential setup to play my fundamental biases on the U.S. and Switzerland.

After strong resistance holds and a rising trendline break, I’m taking a forex swing trade to play my bearish bias on CHF/JPY!

We’ve got a textbook trend going on in NZD/CHF, but I think the price isn’t quite right for an entry just yet. We’ve got a potentially big economic event coming up from New Zealand that just might get me there.