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Here’s a quick update on my latest forex ideas and open trades in GBP/JPY and CAD/JPY. Both pairs are on the move and with the BOJ meeting coming up, it is time to adjust.
Read MoreGBP/JPY has been on a slow grind in the last month after breaking the 2014 highs. Will a pullback draw in more buyers to play the forex trend higher?
Read MoreBusy morning for the comdolls, with the big market mover coming from the RBNZ–a surprise that took my out of my AUD/NZD forex short at my trailed stop!
Read MoreGood morning forex friends! I’ve been watching a rising triangle on CAD/JPY for sometime. Now that it’s broken to the upside, is it an opportunity to buy?
Read MoreLooks like the rollercoaster ride in Cable continues, and the latest bounce higher took me out of my short forex position closed me out at my trailing stop.
Read MoreGot a busy week coming up on the forex calendar, and with GBP/USD moving my way so far, I think it’s a good idea to lock in profits with a trail stop.
Read MoreIt’s been an active week for my open forex positions, and sentiment has shifted enough for me to make some adjustments on my EUR/AUD and AUD/NZD trades.
Read MoreContinuing my recent theme of longer-term forex setups with today’s setup on EUR/AUD. Will the downward pressure be enough to break strong support levels?
Read MoreThe Kiwi had been beaten down, but now it looks like the bleeding may have stopped & there’s now potential for AUD/NZD to return to a long-term downtrend.
Read MoreCable has made a bounce in the past few weeks & now it’s testing a few technical arguments for sellers to test the waters. Will the forex downtrend resume?
Read MoreMove out of your comfort zone. You can only grow if you are willing to feel awkward and uncomfortable when you try something new.Brian Tracy