Trade Ideas

No luck on getting additional momentum in EUR/AUD after the consolidation break. And with a potentially negative Aussie event ahead, I decided to cut this trade. Here’s a quick review.

The BOC statement is coming up this week, and I think this pair would be a good one to play in case the central bank maintains its stance.

With volatility creeping lower every day, decided to step out to the longer time frames and found the uptrend in USD/CAD very interesting. 

CHF/JPY just formed a consolidation break on the daily time frame, so are traders ready to start a fresh leg in the longer-term downtrend? 

Potential volatility could be coming for the Loonie with the Bank of Canada meeting around the corner. Will we hear talks of a rate cut?

Here are a quick couple of updates as the technical argument on NZD/JPY short was quickly invalidated and EUR/CAD retests my area of interest for shorting.

Remember that long-term ascending channel on GBP/AUD’s daily chart that I had my eye on early this year? Well, it looks like another pullback is happening!

Is EUR/USD breaking higher despite the ECB’s dovish stance? Check out this forex setup that I spotted on EUR/USD today!

We’ve got big time Australian data coming next week, so I thought I’d work out a few scenarios to play the event. 

EUR/AUD tightened even further since my initial idea, actually giving me a better price to enter in. Here’s a quick adjustment to my trading plan. 

I’m seeing this long-term range bottom holding on AUD/NZD, and monetary policy differences could take this pair back to the top.

Kiwi sellers have been taking charge ever since the RBNZ opened up to rate cuts. Is that still enough to push NZD/JPY past support?

Keeping it simple with my first idea of the second quarter, checking out this textbook technical setup on EUR/AUD

Three trades…three wins! Not a bad start to 2019, right? Here’s a quick summary of how it all went down and my thoughts to improve.

With monetary policy updates coming from both the ECB and BOC in April, I’m looking at these levels on EUR/CAD to play a potential pickup in volatility & my fundie bias. 

The RBA decision is coming up in a bit, so I’m looking at this resistance test to see if I can trade the news. Any guesses what my bias is?

We’ve got an Aussie and Sterling special this week with the RBA and never ending Brexit saga in play to bring some volatility!

After breaking a bullish pattern last week, is USD/JPY ready for a new trend? Here’s the setup that I’m watching over the next couple of trading sessions!

The RBNZ decided to join the other major central banks in their dovish rhetoric, igniting traders to quickly sell of the Kiwi this week and trigger my trade to close. Here’s a quick review. 

My gut was telling me that this pair would make a downside triangle break last week, and break it did! I haven’t jumped in yet, but here’s what I plan to do.