Pipcrawler

So far so good on my USD/CAD trade, but my GBP/USD position is still going nowhere! Here’s how things are looking so far.

Weaker than expected U.S. GDP brought USD/CAD down to the 1.3000 area last Friday, causing my second position to get filled. Think I should hold or fold?

Now that the FOMC statement is over and Fed officials seem to be relatively hawkish, I’m setting my orders for this USD/CAD pullback play.

Crude oil has been tumbling again these days, causing USD/CAD to make an upside breakout from its symmetrical triangle pattern. But with the FOMC statement coming up, I’m inclined to wait for a pullback before going long.

The numbers are in… and I’m out of this trade! Take a look at these reasons why I decided to exit this EUR/GBP position early.

With the ECB statement coming up, I can’t help but look for potential short euro plays to hop in the ongoing trends. Here’s what I’m seeing on EUR/NZD.

I’ve got a couple of opposing pound positions open so far, and I’m waiting for the top-tier U.K. events to provide more direction this week.

Now that the BOE decided to keep interest rates on hold for the time being, I’ve gotten confirmation to enter this short EUR/GBP setup. It also helps that I’m seeing this reversal pattern on the 4-hour chart.

Sterling seems to be putting up a really good fight against its forex peers these days so I’m looking at this potential turnaround for EUR/GBP. Think this long-term trend line would hold?

Looks like Cable is making a higher pullback! My second entry order on my GBP/USD trade idea just got triggered as pound bulls are charging for now.