Trading Insights

After a couple months of chop and indecision, it looks like the market is trying to reorganize around a new narrative: Things are looking better.

I basically had a breakeven day today as I had one loser and one winner that cancelled each other out. See how it all went down in today’s Cowabunga Surf Report.

I’ve got my sights on the comdolls for today’s intraday forex charts update. I found a channel for NZD/CAD and Fibonacci retracement setups for AUD/CAD and AUD/NZD.

I knew it! I had a hunch that the RBNZ would cut interest rates and sound extra dovish in their policy statement… and they did! Here’s how my NZD/CAD short forex trade fared.

Who’s up for forex trends and retracements? I hope you are, because these setups on EUR/JPY, GBP/AUD, and NZD/USD are too good to miss!

For my latest forex trade idea, I’m basically going with a reversal on my previous AUD/JPY trade to play the bullishness on risk sentiment.

You don’t need to trade full-time to be profitable in forex. But if you think that currency trading is in your blood, then here are four signs that you’re ready for full-time trading.

Unfortunately I took another small loss today. See how it all went down in today’s Cowabunga Surf Report.

Chart pattern time! For today’s intraday forex charts update, I have a channel for CAD/CHF, a triangle for CAD/JPY, and a rising wedge for GBP/CAD. Get ’em while they’re fresh!

With the BOC and the ECB gearing up for their monetary policy statements this week, it’s time for me to make some adjustments to my USD/CAD and EUR/AUD forex positions.

We’re looking at a fresh batch of major, comdoll, and currency cross setups today! Check out these forex trade opportunities on GBP/USD, USD/CAD, and EUR/CAD.

Unfortunately I took a small loss today off of one trade. See how it all went down in today’s Cowabunga Surf Report.

It’s all about the Kiwi for today’s intraday forex charts update. I’ve got a simple channel for EUR/NZD and break-and-retest setups for NZD/CHF and NZD/JPY. Enjoy!

Looking for short-term forex trades this week? I think I found a pretty good technical setup on EUR/USD’s 1-hour chart. Here are the details!

And I’m in! I hesitated to jump in at market ahead of the weekend but I was able to get in a short NZD/CAD forex position at a pretty decent price earlier this week.

Up and at ’em, fellas! Today we’re looking at a major, comdoll, and a cross currency pair. Check out these forex setups on USD/JPY, NZD/USD, and EUR/AUD!

Looking at the upcoming forex catalysts, I thought my best play for the week would be another shot at EUR/CAD. Will a restest of the broken neckline draw in sellers again?

It is said that the failure rate in the forex industry is very high, with more than 95% of aspiring traders expected to drop out of the game within their first few years. Why is this so?

I’ll start this week’s intraday forex charts update with a channel bonanza. I’ve got channels for AUD/CHF, AUD/USD, and GBP/AUD. Hmm. That’s also an Aussie special right there.

Heads up, forex friends! We’ve got two central bank events lined up for the comdolls this week so don’t forget to mark these potential inflection points.