Trade Ideas

I have found the one! After weeks of tinkering with the HLHB Trend-Catcher System’s rules, I have finally picked the set of forex rules that I will forward test for the next couple of weeks.

I’m keeping it simple with this AUD/NZD long-term range resistance bounce off 1.0700. Think it’s got enough bearish momentum to head back to the bottom?

Since putting on my short position in GBP/NZD, my fundamental bias & the technicals have changed enough to close out. Here’s a quick forex trade review.

With all the political and financial uncertainty in the euro zone these days, I can’t help but look at another potential short EUR position. Here’s a neat technical setup I’m seeing on EUR/JPY.

Is GBP/USD breaking out of a triangle on the 4-hour chart? Or are looking at a possible fakeout? Here’s what I’m looking at for this week’s forex watchlist!

If you’ve been keeping track of my Weekly Watch blog posts, you’d probably know that I’ve had my one good eye locked on this Guppy triangle for the past few weeks. Here are the entry levels I’m going for.

CHF/JPY has slowly gone my way but 112.50 seems to be unbreakable for the bears. No matter where it goes next, here are a couple of adjustments to reduce risk & maximize gains.

I’m still keeping a close watch on this long-term AUD/USD symmetrical triangle pattern and I’m considering a straddle play while waiting for some momentum in either direction.

With not a lot of economic data on the table, forex trader focus will be on a few politics-related currency risks. Here are some of them, as well as this week’s charts of the major dollar pairs!

European currencies seem to be bogged down by debt troubles, political risks, and downbeat data these days, and here are the trade setups I’m keeping my one good eye on this week. Check ’em out!

Greenback strength seems to be the main theme these days, but let’s see if the comdolls can put up a fight. Here are the upcoming events and potential inflection points to watch.

I think I’m on to something here, forex friends! Here are rules for my third experiment, as well as USD/JPY’s charts from the previous two experiments. Check it out!

I’ve rolled my stop much lower to lock in a few more pips on this EUR/AUD trade, but I’m also seeing a bit of a correction. Do you think I should add to my position or just let it ride?

What’s up forex fiends!? I’m not seeing any new trade ideas at the moment, but this recent move higher in AUD/NZD to previous resistance makes for an interesting short play soon.

The fundamental picture is looking a bit brighter for the Canadian dollar these days so I’m considering a long Loonie setup against the Kiwi, which has been pushed down by RBNZ dovishness.

It’s do or die for EUR/USD! Will the euro break below a forex support area that hasn’t been broken since early 2015? Take a look at the chart and tell me what you think!

Remember that AUD/CHF long-term rising wedge pattern I was looking at a week ago? Price is already breaking higher so I decided to hop in a small position at market.

Been waiting a while on EUR/CAD to see if that triangle breakdown was a breakout or fakeout. Well, it looks like the bears are firmly in control so it’s time to take my shot!

Traders must consider global macro & forex stories influenced by data & politics. Seems daunting but there are signs to notice when correlations disconnect.

I’m still keeping an eye out for this CAD/JPY descending channel, trying to decide if I should short again at a better price when it tests the resistance. Care to help me out?