Trading Insights

This week I’m going with a short EUR/AUD position on a simple support break. Will this break draw more forex traders into the downtrend?

Unfortunately It was not a great trading day for me as I took 2 losses. Luckily, the losses are small and the thing I find comfort in is knowing that I followed my rules correctly. See how it all went down in today’s Cowabunga Surf Report.

Hey, forex fellas! Here’s a quick update on how my latest comdoll trades are going so far. My long CAD/JPY went fine but my short EUR/NZD ain’t looking too good!

Let’s take a look at a few simple forex plays on the dollar pairs today. Here’s what I found on GBP/USD, USD/CHF, and USD/CAD!

The Fed ends QE as expected, but there were positive comments from the FOMC that has forex traders still optimistic of a rate hike–and me bullish on USD.

With forex trading success comes higher expectations, and this could bring more anxiety. How can you cope with the additional pressure?

It’s all about the pound and the comdolls today as I bring to you this interesting mix of forex setups on GBP/AUD, GBP/CAD, and GBP/NZD!

Not only am I seeing a technical bullish divergence on CAD/JPY, it seems that this forex pair could be driven by a monetary policy bias divergence between its respective central banks!

Who’s up to trade the yen pairs today? I’ve got these neat forex chart setups on USD/JPY, EUR/JPY, and CAD/JPY!

With a potentially volatile event coming up this week, I’ve decided to adjust my trades to lock in small profits and avoid event risk.

Are you just in it to win it? If you think you’re becoming too hooked on forex trading, here are some ways to overcome this addiction.

If you’re planning on trading AUD/USD, USD/CAD, or NZD/USD, don’t forget to mark these potential inflection points and forex market events.

It was another choppy and volatile week for the crosses, which means we gotta stay on our toes for both trending and range plays this week in forex trading.

Let’s start the trading week with a couple of short-term forex plays and a potential swing trade setup. Here’s what I found on USD/CHF, GBP/USD, and AUD/USD.

Before you take the plunge into full-time forex trading, let me remind you to ask yourself these questions: Do you really want to be a forex trader? How bad do you want to achieve your trading goals?

Is it just me, or is USD/JPY gearing up for another move higher? Here’s the forex trade setup that I spotted!

In case you’re wondering why I’m skipping ahead to the forex mechanical system review, it’s because the Triple SMA Crossover didn’t generate any valid trade signals for my forward testing.

It’s not too late to catch a few forex plays before the end of the week with these simple chart setups on USD/JPY, USD/CAD, and GBP/USD.

I’m going with another simple technical trend setup, this time on EUR/JPY. Is the recent bounce higher an opportunity play the longer-term move lower?

Unfortunately I ended up slightly negative today with one winner and one loser. However, I did stick to my rules and so I’m ok with the end results. See how it all went down in today’s Cowabunga System Surf Report.