Trading Insights

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.

This pair seems to have found a floor at the bottom of its descending triangle pattern on the daily time frame, probably gearing up for another test of resistance.

I may have closed this one a wee bit too early, but a win is a win! Here’s how my USD/CAD long position turned out.

Up and at ’em, forex junkies! I’ve got day, swing, and position trade setups on USD/CHF, EUR/CAD, and EUR/JPY lined up for ya today. Check it out!

Being hard on yourself is a way of addressing your problems. But it can become more of a bane than a boon to your trading if you get caught up in all the pessimism.

I’ll kick-start this week’s intraday forex chart update with fresh chart patterns on some euro pairs. To be more specific, I’ve got a channel for EUR/USD, a triangle for EUR/GBP, and a rectangle for EUR/AUD.

Who’s trading the majors this week? Here are technical levels as well as some forex catalysts that you might want to keep your eyes on!

Reversals and breakouts! I’m spotting a few of these on the short-term time frames of EUR/JPY, GBP/JPY, and EUR/GBP so I think these pairs could be in for big moves this week.

It’s the start of another event-filled week for the comdolls so I’m watching these potential trend plays on AUD/USD, USD/CAD, and NZD/USD. Take a look!

Comdoll traders huddle up! Let’s start the week strong with these fantastic swing trade opportunities on AUD/USD, USD/CAD, and AUD/JPY!

Hey guys! I’m looking at a trend trade on USD/JPY! The question is, which direction should I risk on? Here’s the tale of the two charts!

After consecutive winning trades, some traders start to think that they got it all figured out and start to cut corners in their execution. This, my friends, is the start of a trading yo-yo.

For this week’s final intraday forex chart update, I’m serving up a triangle for GBP/USD, a rectangle for GBP/CAD, and channel breakout for CAD/CHF. Wowzers! I’ve been dishing out chart patterns the entire week. How cool is that?

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.

So far so good on my USD/CAD setup! With a bunch of top-tier Canadian releases lined up, I’m making a few adjustments on my open position.

Price action was back in Chopsville for the past week, making it challenging for the SMA Crossover Pullback system to score gains. Here’s what went on.

Can’t decide whether you’re trading the majors, comdolls, or currency crosses today? Don’t worry, I got yo back with these fantastic trend setups on USD/JPY, NZD/USD, and EUR/JPY!

Ouch! Unfortunately I took an overall loss of -52 pips today from two trades. See how it all went down in today’s Cowabunga Surf Report.

The chart pattern fiesta continues. This time, I’ve got fresh setups for GBP/JPY and CAD/JPY, and we’ll revisit yesterday’s channel for NZD/JPY. Whoa! I just notice that I’ve got a yen + chart pattern double special for today’s intraday forex charts update.

And I’m in! My short order for this AUD/USD setup got triggered on a break of the ascending trend line, but it seems like a pullback is taking place.