Trade Ideas

With the OPEC agreeing to extend their output deal by nine months, commodities could enjoy a bit more support in the next few days. Here are the setups and inflection points I’m watching.

A mixed forex trading week for the HLHB System, as I close USD/JPY’s open position for a profit while two of GBP/USD’s signals turned out to be a fakeout.

Sterling bears came out in force after disappointing poll results, leading the market to invalidate my technical setup on GBP/CHF. Decided to close out early to limit my loss.

Hey, forex friends! Looks like the euro is on track to extend its gains against the Greenback! What do you think of this setup?

Now that pre-OPEC speculations are out of the way and commodities are in profit-taking mode, the Aussie could resume its slide versus the lower-yielding yen. Here are my entry levels.

I’m taking another short opportunity in a longer-term downtrend, this time on CAD/JPY as it seems to have drawn in sellers at a previous swing high. Time for selling to resume?

I’m still feeling bearish on the Aussie so I’m looking at another potential short play on AUD/JPY. I’m waiting for a bit more momentum before jumping in, though.

Decided to close out my NZD/CAD for both fundamental & technical reasons. Here’s a quick review of thoughts and how the trade turned out!

I think it’s about time I called it quits with this one as the pair seems to be eyeing further downside. Here’s how it all turned out for my GBP/AUD long position.

This week, I’m keeping it simple with this textbook resistance setup on NZD/USD. Is the USD selloff overdone? Have the Kiwi bulls running out of steam?

Uh oh, I’m not feeling too good about this GBP/AUD long position so I might have to consider exiting early. Think it’s time to cut losses on this one or hold on?

Lots of potential market-movers on the docket this week, forex friends! Make sure you’ve prepared for the possible inflection points and catalysts before you put on any orders!

Without much top-tier reports lined up this week, the market focus is shifting back to Brexit-related headlines these days. Check out these potential plays on the crosses!

The Canadian dollar could be front and center of forex price action this week, with the BOC decision and the OPEC meeting coming up! Here are the setups and inflection points I’m watching.

Just a quick update on my short AUD/CHF play: I also decided to take my profits and run on this one since the channel support seemed to be holding. Here’s how it all turned out.

With the yen getting its mojo back and the Aussie bears shaking off the positive jobs data, I’m looking at this textbook technical setup on AUD/JPY for a potential short play.

Cheers to short-term plays! I caught another quick win with this long EUR/AUD uptrend retracement setup, and I’m keeping my fingers crossed that I can keep this streak up.

Playing the franc pairs versus the commodity currencies has turned out quite well for me lately so I’m thinking of pressing my advantage this time. Here are my latest adjustments.

There might not be any valid signal from the HLHB System during the week, which turned out to be a good thing for my open trade. Here are the deets!

So far so good on my short-term EUR/AUD pullback play, and I’m seeing a similar setup materializing on GBP/AUD. This time, though, I’m gonna hold out for more confirmation before going long.