Trade Ideas

Time to review my closed GBP/AUD forex trade and my adjustments to lock in profits in my NZD/CAD and EUR/NZD positions ahead of more events and the weekend.

With all the crazy moves in the forex market these days, it’s no wonder I’m taking more setups than usual. Here’s what’s going on in my three open trades right now.

Blocked by the RSI! The HLHB System could have caught decent forex signals last week if not for the RSI filter. Here are updates on EUR/USD and GBP/USD!

One of the common questions I get from forex traders is, “How do I follow the trend longer-term?” For me, it’s a 3 step process & 2 types of profit targets.

With a bit of luck, my GBP/AUD trade shifted quickly into the positive after buyers quickly hopped in at 1.9400. Time to adjust with the market now hitting potential resistance.

After seeing that stellar U.S. NFP report last week, I’ve decided to join the dollar bulls’ bandwagon with this long USD/CAD forex setup. What do you guys think?

Looks like I was a little too cautious closing down my USD long trades before NFP on Friday.  With major forex events out of the way for now, looking to jump back in.

If you’re planning on trading AUD/USD, USD/CAD, or NZD/USD, don’t forget to mark these potential inflection points and forex market events.

The euro’s all-around weakness looks like it’s here to stay, while Guppy may present reversal opportunities in this week’s cross currency forex chart setups!

I decided to close out my short GBP/USD & NZD/USD forex trades to avoid the upcoming event risk with U.S. non-farm payrolls. Here’s a quick review.

My, my! EUR/NZD seems to be on a non-stop decline, as price recently broke below record lows and looks ready to create new ones. I’ve zoomed in to the 1-hour chart to catch a quick pullback on this forex downtrend.

After a few weeks of consolidation, GBP/AUD is finally pulling back to make it an interesting buy once again into the really long forex uptrend.

Another mixed week for the HLHB Trend-Catcher System! Thanks to a ranging forex week, the system lost pips on EUR/USD and gained a couple on GBP/USD.

I’ve got some sort of Aussie forex hedge going on with my short AUD/CAD position trade and my long AUD/JPY setup. Here are my trade adjustments after today’s RBA statement.

The first week of a new month is typically a busy one, & with so many top tier events, I will reduce risk & lock in profits on a couple of open forex trades.

With a bunch of major catalysts lined up for the Aussie and Loonie this week, y’all gotta start marking these potential inflection points on your forex charts!

Last week’s forex volatility was quiet, but maintained the trends we’ve seen lately. Check out the shift in potential S&R levels in this week’s crosses.

I think I found a long GBP/USD opportunity. What do you think of this forex setup?

Been missing out on solid forex trades recently, so today I decided to go with the flow and play the strong downtrend in EUR/NZD at market.

I’m totally digging this AUD/JPY break-and-retest forex setup that Big Pippin shared earlier, and I think that fundamentals also favor a long trade. Here’s my short-term trade idea.