Forex Trade Update: GBP/NZD Falling Wedge
And I’m in! Thanks to the RBNZ rate cut decision, my short forex order at the top of GBP/NZD’s falling wedge got triggered. Should I keep this open?
Read MoreAnd I’m in! Thanks to the RBNZ rate cut decision, my short forex order at the top of GBP/NZD’s falling wedge got triggered. Should I keep this open?
Read MoreTaking another shot on this EUR/USD range, this time near the top. Will this week’s events send the market up there & will forex sellers jump in?
Read MoreWe’ve got another batch of top-tier forex market events coming up this week so make sure you mark these potential inflection points and take note of these trade setups!
Read MoreI’m looking at a couple of steady forex trends and a potential reversal this week. Take a look at these setups on EUR/JPY, GBP/JPY, and EUR/GBP!
Read MoreThanks to Mario Draghi and the ECB, the euro did get enough volatility for EUR/CAD to reach my short orders. And after a quick adjustment, my trade was closed for a small forex gain.
Read MoreWhy, Draghi, why?? Just when I thought EUR/AUD would make it all the way down to my profit target, the ECB press conference took place and sparked a sudden forex reversal.
Read MoreAnother mixed forex trading week for the HLHB System, as tight trading conditions inspired a lot of fakeouts that canceled out some profitable signals.
Read MoreAfter a couple months of chop and indecision, it looks like the market is trying to reorganize around a new narrative: Things are looking better.
Read MoreI knew it! I had a hunch that the RBNZ would cut interest rates and sound extra dovish in their policy statement… and they did! Here’s how my NZD/CAD short forex trade fared.
Read MoreFor my latest forex trade idea, I’m basically going with a reversal on my previous AUD/JPY trade to play the bullishness on risk sentiment.
Read MoreWith the BOC and the ECB gearing up for their monetary policy statements this week, it’s time for me to make some adjustments to my USD/CAD and EUR/AUD forex positions.
Read MoreLooking for short-term forex trades this week? I think I found a pretty good technical setup on EUR/USD’s 1-hour chart. Here are the details!
Read MoreAnd I’m in! I hesitated to jump in at market ahead of the weekend but I was able to get in a short NZD/CAD forex position at a pretty decent price earlier this week.
Read MoreLooking at the upcoming forex catalysts, I thought my best play for the week would be another shot at EUR/CAD. Will a restest of the broken neckline draw in sellers again?
Read MoreHeads up, forex friends! We’ve got two central bank events lined up for the comdolls this week so don’t forget to mark these potential inflection points.
Read MoreLike all good things, even the strongest trend must come to an end. Check out these potential reversals on EUR/JPY, GBP/JPY, and EUR/GBP.
Read MoreIt looks like the technical arguments in AUD/JPY for a short gave way to fundamentals & global sentiment. Decided to close my forex trade early & do a quick review.
Read MoreHey comdoll buddies, I’m gonna need your help with this one. Do you think I should cut my losses with my swing forex position on USD/CAD? Or should I hold on?
Read MoreI spy with my one eye another good pullback opportunity on a comdoll cross pair! Here’s a simple short-term forex trend setup on NZD/CAD.
Read MoreDecided to lock in profit on my EUR/CAD short, as well as a quick adjustment on my AUD/JPY short to maximize my potential gain.
Read MoreSuccess and failure comes in pairs. Either you have a pair of aces called 'Resolve and Undenied'... or a pair of jokers called 'Wishing and Won't-ing'... your hand to play.Doug Firebaugh