Trade Update: USD/CAD Break and Retest
Weaker than expected U.S. GDP brought USD/CAD down to the 1.3000 area last Friday, causing my second position to get filled. Think I should hold or fold?
Read MoreWeaker than expected U.S. GDP brought USD/CAD down to the 1.3000 area last Friday, causing my second position to get filled. Think I should hold or fold?
Read MoreWith the BOE set to announce its policy decision this week, I’m on the lookout for potential breakouts on GBP/JPY and EUR/GBP. Here are the setups I’m watching.
Read MoreWe’re seeing a lot of big moves among the comdolls these days so let’s take a peek at what else is in store for this week. Tell me what you think about these setups I’m watching, too!
Read MoreI’m seeing a lot of consolidation among pound pairs these days, as traders are probably waiting for more economic clues. I’ve got a bit of a bearish bias so I’m waiting to short GBP/CHF at these areas.
Read MoreA pretty good week for the HLHB System, as it gained pips from both EUR/USD and GBP/USD just by doing what it’s meant to do: catch intraweek trends.
Read MoreFaked out! So much for trying to catch a short-term triangle breakout during the release of Australia’s CPI. Here’s why I decided to cut losses on this AUD/NZD trade.
Read MoreNow that the FOMC statement is over and Fed officials seem to be relatively hawkish, I’m setting my orders for this USD/CAD pullback play.
Read MoreAaand I’m in! I didn’t want to miss out on USD/JPY’s forex volatility this week, so I decided to pick my entry levels and take advantage of the pair’s price action. Here’s what’s up!
Read MoreI’m seeing a long-term support bounce on AUD/NZD’s daily chart that might be enough to keep Aussie bulls charging. Take a look!
Read MoreAustralia’s quarterly CPI came in line with expectations of a 0.4% rebound so that’s my cue to close this AUD/USD short position. Here’s what happened.
Read MoreCrude oil has been tumbling again these days, causing USD/CAD to make an upside breakout from its symmetrical triangle pattern. But with the FOMC statement coming up, I’m inclined to wait for a pullback before going long.
Read MoreThis pair seems to have found a floor at the bottom of its descending triangle pattern on the daily time frame, probably gearing up for another test of resistance.
Read MoreI may have closed this one a wee bit too early, but a win is a win! Here’s how my USD/CAD long position turned out.
Read MoreWho’s trading the majors this week? Here are technical levels as well as some forex catalysts that you might want to keep your eyes on!
Read MoreReversals and breakouts! I’m spotting a few of these on the short-term time frames of EUR/JPY, GBP/JPY, and EUR/GBP so I think these pairs could be in for big moves this week.
Read MoreIt’s the start of another event-filled week for the comdolls so I’m watching these potential trend plays on AUD/USD, USD/CAD, and NZD/USD. Take a look!
Read MoreHey guys! I’m looking at a trend trade on USD/JPY! The question is, which direction should I risk on? Here’s the tale of the two charts!
Read MoreThe numbers are in… and I’m out of this trade! Take a look at these reasons why I decided to exit this EUR/GBP position early.
Read MoreSo far so good on my USD/CAD setup! With a bunch of top-tier Canadian releases lined up, I’m making a few adjustments on my open position.
Read MoreAnd I’m in! My short order for this AUD/USD setup got triggered on a break of the ascending trend line, but it seems like a pullback is taking place.
Read MoreThe key to everything is patience. You get the chicken by hatching the egg, not by smashing it open.Arnold Glasgow