Trading Insights

Argh! It looks like I missed a really huge setup on the comdoll charts last week. This particular pair made a 400-pip rally, can you guess which one it is?

With all the news we got last week, there were a ton of awesome setups on all the cross pairs. But my pick for last week? I’m going for that sweet down move on Guppy!

Rise and shine forex traders, it’s Monday! What better way to kick off the week than by having a comdoll special! Here are some sweet setups on USD/CAD, NZD/USD, and AUD/USD!

Trending patterns like the NZD/USD’s Rising Wedge can be traded one of three ways and it all depends upon the strength of the (up)trend. The daily NZD/USD has rallied through the uptrend line resistance of the pattern triggering a contnuation breakout entry long. Chart pattern alert courtesy of Autochartist. The first way – and this …

It’s not difficult to admit that people usually begin trading because they want to make money. But as many traders have realized, there are a lot of lessons that can be learned through trading. Here are a few examples.

Because I had to keep my myself from facing the fact that Harry Potter is finally over (sniff, sniff), I decided to round up my stats for the second quarter of 2011. Too bad for me, the digits I came up with aren’t exactly the best pick-me-uppers.

It’s the last trading day of the week, kids! Make some last-minute pips with these sexy setups I spotted on GBP/JPY, EUR/CHF, and AUD/JPY!

Unfortunately I took a small spill today as the market didn’t really make any solid moves. See how it all went down in today’s Cowabunga Surf Report.

Oh no, not another heartbreak! How many chances do I have to give AUD/USD before I actually win a trade? Here’s what happened to my latest attempt at trading the Aussie.

t was a quick and very eventful trade for me as UK employment surprised and Fed Chairman Ben Bernanke’s testimony to Congress rocked the markets.

Good day my khalasar (I just finished watching Game on Thrones so please forgive me for feeling like I’m Daenerys)! Today, I’ve got a nice little long-term trend play on EUR/USD. Judging from how it sharply rose, it could be a chance to “sell high.”

Price action on the dollar was off the heezy fo sheezy yesterday! Will we get more of the same later on? Check out these setups on AUD/USD, USD/CAD, and GBP/USD to see what the dollar has to offer today!

Today, we’ve got a cross-currency special that even Cyclopip would be proud of! Check out what EUR/JPY, EUR/GBP, and AUD/JPY have to offer!

It was a decent day today as I was able to grab 20 pips today. See how it all went down in today’s Cowabunga Surf Report.

This is a question I received from a new trader who has been learning about how I trade. It’s an interesting question – especially during these times where the lack of a bullish or bearish Directional bias on many majors – is increasingly driving me personally to the shorter-term, intaday time frames.

So much for the euro rallying on the back of an ECB rate hike! All it got was a little boost… certainly not the big rally I was hoping for!

Do you go gaga for the majors? Do comdolls rock your socks? Do cross pairs tickle your fancy? Whatever floats your boat, I’m sure you’ll find something to your liking on today’s Daily Chart Art as we’ve got USD/JPY, USD/CAD, and GBP/JPY on deck!

With a bear flag breakdown, the daily USD/JPY has taken the first step back to possibly testing the 80.00 decade level and setting up a continuation of the prior meandering downtrend in the pair.

The fact that two markets in distribution (the daily dollar and EUR/USD) are trading into their potential exhaustion areas makes today’s price action all the more important and brings up this question: How much potential for follow-through is there?

Happy morning, guys! After replaying what happened to the comdolls last week, it’s time for me to reveal my best comdoll setup this week! Oh, and I have a new BFF this week! It’s none other than