Trade Ideas

With big event risk coming I decided to lock in profits on my AUD/CAD short. Here’s a quick forex trade review & follow up thoughts after the BOC decision.

After two weeks in the making, we finally saw a break of the strong resistance area off of an ascending triangle pattern. Is this a new move to the upside?

Another mixed week for the HLHB System! There were tons of fakeouts from both EUR/USD and GBP/USD, but only one of them yielded positive results for the week.

Got a lot of movement on this EUR/CAD pair after the OPEC meetings last week! Here’s what happened to my forex trade setup.

A great start to the week for me as Cable made the extra move lower to retest strong support and my profit taking orders at 1.5600. Here’s a quick review!

A pretty good week for the HLHB System, as it gained a few pips on both EUR/USD and GBP/USD. Here are the details!

With potential major events coming up for the cross-currency pairs, range forex plays may be the name of the game early in the week & ATR levels ones to watch.

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.