Pipcrawler

Good afternoon! USD/CHF did pull back higher to the broken support-turned-resistance, but volatility slowed down and the pair pretty much hung out for the rest of the week. Time to close out ahead of the weekend.

Good morning forex friends! Today, I’m going with a divergence signal on the longer-term EUR/USD chart. After a nice rally, is it time for euro bears and Dollar bulls to take control?

Good evening forex friends! Here’s a quick review on grabbing a few pips on USD/CHF!

Not a great start to June as my longer-term swing short on GBP/USD was stopped out, thanks to a divergence between the UK and the US’s Manufacturing PMI data. Here’s my review.

I wasn’t expecting positive euro data this week, but that’s what we got when the German Ifo Business Climate data printed a better-than-expected number earlier today. This was great for the euro, so I decided to close out my position manually.

No luck on this go around as the pair didn’t retrace quite enough to trigger my first set of orders at the 38% Fibonacci area. With EUR/USD now testing the 1.2900, I’ve decided to close it down and look for a new opportunity this week.

Good morning forex friends! Well, it looks like once again I had a good idea that went my way, but going for big pips kept me from closing with some sure pips on EUR/CAD. Here’s how it all played out.

No matter how much weak euro zone data was thrown at it, euro bulls held strong and 1.3000 never really broke! Given the odd strength of the euro, I decided to reduce my risk and close it all down.

Don’t you hate it when you’re both right and wrong about a trade? That was essentially the case as my directional bias and UK data expectations were negated by a misadjusted stop and a lot of volatility.

Good morning forex friends! There wasn’t much of a break last week for USD/CHF as the pair hung around the .9300 area, despite more weak data from the US. With the start of a new week, and some really bad Chinese GDP data to kick it off, I closed my trade and moved on.