Trade Ideas

Taking a short-term shot on GBP/CAD after it broke out of consolidation. Is there a pullback ahead to get in at a better price? 

Pippo thinks gold will continue to rise due to growing demand by investors looking to protect themselves from inflation risk as central banks around the world start “printing” money.

I’m feeling the recent positive vibes aren’t likely here to stay so I’m playing it through AUD/JPY, which could be running into resistance soon.

No luck on getting into my full long position on USD/CHF, but the good news is that my max target was easily triggered as the Dollar quickly marched on higher.

Pippo thinks the U.S. dollar will continue to appreciate against the Indian rupee as “hot money” flows out of India due to extreme market uncertainty. Check out his trade idea to go long USD/INR.

Today’s pop higher in EUR/JPY brings the pair to a strong resistance pattern area on the chart. Will more bears hop in at the better prices? 

Pippo thinks more traders will favor the U.S. dollar over the Singapore dollar during this time of global crisis. With USD/SGD managing to close above a major resistance level, he looks to go long.

After adjusting my short in NZD/JPY yesterday to lock in profits, the pair dropped like a rock to quickly hit my max target in today’s trade. Here’s a quick review.

After going short on NZD/JPY, the pair quickly moved lower this week. With a nice gain so far ahead of top tier Kiwi data, I decided to lock in some profits and reduce my risk. 

Pippo thinks more traders will favor the U.S. dollar over the South African rand during this time of global crisis. With USD/ZAR in a strong uptrend, he’s going to go long.

Checking out USD/CHF ahead of the latest monetary policy statement from the Swiss National Bank, & on the recent broad strength in USD.

Keeping it simple this week with a technical play on NZD/JPY to play the rising coronavirus fears and global risk-off market behavior. 

Another good week for this trend-catcher, which saw a net gain of +317 pips from closing two trades. I’ve got the deets right here!

EUR/JPY hit my short orders at the Fibs before dropping ahead of the ECB meeting. Decided to adjust my trade after the event, which was quickly closed at my new stop on today’s high volatility.

Speculation is starting to rise on when we’ll get a rate cut from the Bank of England, prompting me to check out the price action in GBP/JPY. 

EUR/JPY looks interesting for a short play ahead of a potentially volatile European Central Bank event this week. Check it out!

AUD/JPY hits both of my short orders before dropping this week on more Coronavirus fears. Closed my trade after a nice gain to reduce risk ahead of the weekend.

The latest employment data for both the U.S. and Canada is coming soon, potentially giving traders another shot at the uptrend at a better price. 

I’m counting on risk aversion to stay in the markets while coronavirus fears are in play, and this pullback could offer a good entry point on NZD/USD.

Taking a shot on AUD/JPY this week as the recent grind higher looks to be running out of steam. Back to the downtrend?