Trade Ideas

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 OPEC decision had forex traders hitting the sell button hard on oil currencies, which unfortunately includes the Loonie and closing out my EUR/CAD short.

A few days back, I took a simple forex retracement play on AUD/USD, as the pair pulled up to a broken support zone. Here’s how it turned out.

The Loonie has been on a rally that I’d like to try to catch a ride on, and the charts on my latest USD ideas have changed, so it’s time to update and adjust!

A pretty mixed week for this trend-catcher system, as it got burned by fakeouts on EUR/USD but hit its 200-pip profit target on GBP/USD.

Another mixed week for the HLHB System, as it gained pips on EUR/USD but got hit by fakeouts on GBP/USD.

I spotted a potential broken support-turned-resistance play on EUR/CAD that looks pretty interesting with Canadian data starting to turn positive.

I’ve got a new comdoll trade idea this week and I’m looking at another forex cross pair. Here’s my plan for EUR/CAD.

Starting out the week with a nice and easy forex range play on NZD/USD ahead of a U.S. heavy data week and potentially active New Zealand dollar.

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.

We finally get to see some pull backs among the major cross currencies, potentially creating new opportunities for momentum traders, especially with yen pairs.

I’m laying out orders to go long a small position in USD/CAD, mainly on the trend higher and the pair hitting strong arguments for technical support.

Guess what? GBP/NZD is now retracing to a better entry area! I really should’ve been more patient with this short forex setup.

A bit of a surprise from today’s BOE meeting minutes that had forex traders lighten up on pound shorts. GBP/CAD popped higher to hit my adjusted stop. Here’s a quick trade review!

EUR/JPY broke a key technical level to the upside & GBP/CAD continues its downtrend lower, both of which had me making forex adjustments early in the week. Here’s a quick update.

I currently have a short-term play on AUD/USD and a longer-term forex setup on GBP/NZD. Here’s how both trades are going so far.

In my GBP/USD short forex trade review last Friday, I mentioned that I’m still short bias on the pair. With a similar pattern forming, I just may take another shot!

Fakeouts, fakeouts everywhere! This wasn’t a good week for the HLHB System, as both EUR/USD and GBP/USD saw tons of fakeouts. Yikes!

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 story is changing for the British pound, changing up the forex charts and setup up potential range, trends and breakout plays on the crosses!