Daily Chart Art – December 6, 2011
Can’t get enough of those ranges? Well I’ve got three consolidation plays lined up for you on today’s canvas. Go ahead and check ’em out!
Read MoreCan’t get enough of those ranges? Well I’ve got three consolidation plays lined up for you on today’s canvas. Go ahead and check ’em out!
Read MoreHow’s it going, guys? Are you ready to see which comdoll pair showed the most profitable trade last week? I’ll give you a clue – it sported a 5:1 reward-to-risk setup that would’ve given us a total of 300 pips!
Read MoreThe time has come, earthlings! Worry not for I am not talking about my kind’s plan to invade your planet. Two amazing systems have been submitted and will battle it out in November’s Best Forex Trading System contest. Which one will you vote for?
Read MoreAs they say, “Preparation is half the battle.” And in trading, the battle begins even before you open up your trading software. Let me share with you five tips for your weekly pre-trading routine to help you conquer the markets!
Read MoreWith the push from Wednesday’s rally, the corrections in the trends on the U.S. Dollar Index and EUR/USD have triggered. Now the question is that has the RISK APPETITE of Wednesday exhausted?
Read MoreRemember that signal I pointed out last week? Well, the second position closed with another 147-pip gain! However, none of the 5 signals for this week that materialized on my HLHB Trend-Catcher ended as a winner though.
Read MoreLooking for trade setups? Well, I’ve got some nice-looking ones right here! On the canvas today, I’ve got EUR/USD, GBP/JPY, and AUD/USD.
Read MoreNew trade setup, new directional bias! Given all the developments in the foreign exchange market, I have decided to change my bias to bullish from bearish.
Read MoreSay hello to December, homies! When we see strong price action like we saw yesterday, you just know that you have to look at the support and resistance levels. Check out my setups on USD/CAD, EUR/GBP and USD/CHF!
Read MoreIt’s tough to pinpoint exactly at which point the exhaustion from today’s RISK ON rally will begin. It’s even tougher (on a day like today) to shift the focus to three specific charts where there is a downtrend (EUR/USD), an uptrend (U.S. Dollar Index), and no trend (the Dow Jones Industrial Average).
Read MoreUnfortunately, even as the Cable moved higher today, we weren’t able to get any valid signals. Sometimes this happens but you have to stick to the rules of the system, no matter what it is! See how it all went down in today’s Cowabunga Surf Report.
Read MoreGood morning forex friends! And it’s definitely a good morning for risk-on players as we saw a surprising string of catalysts, most notably the monster news of a coordinated central bank effort to provide liquidity to European banks. Unfortunately, this was not good for the Greenback…
Read MoreNot again! I just missed another big bearish move on the euro as EUR/GBP turned down just beneath my sell orders. Read up on how it all went down!
Read MoreIf you love trading the majors then today is your lucky day because I spotted cool setups on EUR/USD, GBP/USD, and USD/CHF. Check ’em while they’re hot!
Read MoreIt was a decent day after the nice Thanksgiving break as I was able to grab 16 pips today. See how it all went down in today’s Cowabunga Surf Report.
Read MoreWoah! I wasn’t expecting that weekend gap up from NZD/USD but it’s a good thing I moved my stop to breakeven on my remaining position. Any thoughts on how I could have closed my second position at a win instead?
Read MoreAnd for today’s round of chartistry… Fib plays and breakout patterns! Check out my daily chart art for some dope setups on AUD/USD, USD/CAD, and EUR/GBP!
Read MoreHere’s a series of videos that I recorded that walks you through a typical morning of determining risk appetite versus risk aversion and how I look at the Dow, U.S. dollar, and crude oil for clues in the forex market.
Read MoreAnd my favorite pair AUD/USD takes the cake again with this 6-to-1 win! The rest of the comdolls also showed profitable setups but AUD/USD had the best reward-to-risk ratio. Here’s why…
Read MoreGreetings, forex homies! Instead of doing the Weekly Winner, I decided to try something new this week. From now on, I’ll be doing a preview of the key levels to watch for the week ahead. I call this Cyclopip’s Weekly Watch!
Read MoreYou cannot escape the responsibility of tomorrow by evading it today.Abraham Lincoln