Entry Adjustment: Major Support Break on USD/JPY?
It looks like USD/JPY bulls are no where to be found and that the support break might be the real deal. With momentum still strong, I adjusted my entry plan to catch the move.
Read MoreIt looks like USD/JPY bulls are no where to be found and that the support break might be the real deal. With momentum still strong, I adjusted my entry plan to catch the move.
Read MoreToday was another good day for the Fixed TP Variant since it raked in even more gains and hit a new high water mark of +3.33%. As for the Trailing Variant, it was forced to surrender some gains, but it still has two active trades that may allow it to recover.
Read MoreLooks like Cable is ready for another bullish run! Here’s what I have for my forex trade this week.
Read MoreThis pair continues to trend higher but is stuck at its mid-channel area of interest visible on the daily time frame. Think it’ll go for a pullback or an upside break?
Read MoreUSD/JPY is breaking a major support area that if it holds, has awesome reward-to-risk potential…but will the bears come in to sustain the break?
Read MoreLooks like we’re seeing more bearish Loonie action on these pairs I’ve had on my watch list! I actually hopped in one and I’m still on the fence with the other.
Read MoreI said last week that I plan to forward test the two variants of the Happy Hunter System. Well, I’ll be finally putting that plan into action tomorrow. For today’s write-up, I’ll be showing how the two variants fared during the February 1-9 trading period.
Read MoreLast week was all about breakdowns on the yen pairs, so I’m looking at more risk-off plays for EUR/JPY and Guppy. The trend on EUR/GBP, on the other hand, still seems to be intact.
Read MoreMade profits on my AUD/JPY short much faster than I thought, so I decided to lock in profits for now and re-assess the pair’s downside potential Here’s a quick review!
Read MoreIf you like trading forex trends like I do, then you’re gonna love this uptrend continuation setup that I spotted on Cable’s daily time frame. Check it out!
Read MoreA win is a win! I decided to hop out of my position ahead of the RBNZ statement because I had this eerie feeling that it might be a bummer.
Read MoreDecided to lock in some profits on my USD/CAD short ahead of last week’s NFP data and it looks like that was the right move…or could I have played it a little differently?
Read MoreBreakout alert! I’ve had my eye on this huge CAD/JPY consolidation pattern for quite some time now, and it looks like the floor has given way. Think I should hop in at market?
Read MoreTook a quick break from watching the Super Bowl to line up these sweet channel setups on EUR/JPY, GBP/JPY, and EUR/GBP that might play out this week.
Read MoreWhat’s up forex fiends! Going with a longer-term play today with this textbook technical short setup on AUD/JPY. Think it’s time for the pair to drop?
Read MoreReversal alert! This pair busted through that long-term descending channel to show that it’s ready for a climb. I spotted this opportunity to catch a quick correction.
Read MoreLast week’s short-term trade worked out for a while, but it had trouble getting momentum. Think the dollar’s selloff will take a chill pill over the next couple of days?
Read MoreWe’ve got big time event risk this week for both the Greenback and Loonie this week, so it’s time to adjust once again to lock in a profit.
Read MoreDon’t look now, but we’ve got a neat break-and-retest situation goin’ on right here with NZD/CAD! Is it time to hop in this textbook setup?
Read MoreI’m seeing plenty of pullback opportunities on the 4-hour charts of EUR/JPY, GBP/JPY, and EUR/GBP. Any catalysts that could allow the trends to resume this week?
Read MoreIf you are not willing to risk the usual you will have to settle for the ordinary.Jim Rohn