Trading Insights

Both USD/CAD and EUR/JPY are hitting their channel resistance levels at the moment so I’m keeping an eye out for potential declines and corrections. Here’s what’s up!

With the French Presidential elections just around the corner, I thought I’d repost one of the more relevant trading psychology articles related to the event. Don’t forget that not trading is an option, too!

Let’s end this week’s intraday charts update with a (potential) double top for GBP/NZD and a channel for GBP/AUD. Hmm. I guess that mean I’m serving up a chart pattern + pound + comdoll triple special today. How cool is that?

So far so good for my tweaked version of the Inside Bar Momentum Strategy as I’m seeing a couple of positive positions for USD/JPY. Did it fare as well with Guppy?

Sterling ain’t looking back from its rallies these days so I decided to hop in with a long position at market to catch GBP/JPY’s climb. Think I made the right decision?

Think dollar weakness could persist? You might wanna look at this upside channel breakout on EUR/USD and a momentum play on USD/CHF!

Kinda kicking myself for exiting this short early in April, but I still think there’s opportunity with fresh downside momentum in AUD/USD. Check it!

There was a good signal even when the market was moving against me. See how it went down in today’s Cowabunga Surf Report.

Sup, peeps? For today’s intraday charts update, I’ve got a trading range or rectangle for EUR/CHF and a Fibonacci retracement setup for CHF/JPY on the menu. Get ’em while they’re fresh!

With all that’s going on with crude oil these days, I’m keeping a bearish Loonie bias and looking at this potential CAD/CHF trend setup. However, there’s one technical reason why I’m not hopping in just yet.

Aussie bears are at it again! And if this selling pressure keeps up, AUD/USD could head towards its range support while AUD/CAD could hit the bottom of its rising wedge.

Thinking of trading forex full time? Here are four signs that say you should do it.

I had 2 possible signals today but did they turn out to be entries? See how it all went down in today’s Cowabunga Surf Report.

If riding trends is your style, then I’ve got a couple of channel setups for AUD/CAD and GBP/CHF in today’s intraday charts update that y’all may like. Check ’em out!

Death by weekend gap! Thanks to EUR/USD’s post-French elections gap, the HLHB System ended up with more losses than was “locked in.” Good thing it worked out for USD/JPY, though!

The SMA Crossover Pullback System seems to be taking it slow after catching huge gains in the previous weeks and locking in more pips for its open EUR/USD position.

Stronger than expected economic figures from New Zealand led to a pop higher for the Kiwi today so I’ve decided to hop out of this short NZD/USD position. Here’s how my trade turned out.

Reversal alert! NZD/JPY and GBP/NZD seem to have bottomed out and are ready to make a long-term rebound, but I’m keeping my eyes peeled for potential pullbacks.

Today, I’m switching out my short CAD ideas with this simple NZD/CAD breakout setup, ahead of potentially volatile catalysts for both the Kiwi and the Loonie. Check it!

Got one valid signal today, but was it the start of the week I was hoping for? Find out in today’s Cowabunga Surf Report.