Trade Ideas

Haven’t yet pulled the trigger on GBP/NZD despite the recent consolidation breakout, but with another technical setup ahead of NZ catalysts, it just might be time to make a move.

If you’re like me and today’s super weak U.K. PMI release got you looking at opportunities to short the pound, then you’re gonna love this trend trade I’ve spotted on GBP/USD!

EUR/USD is set to have a busy end to the week with a slew of economic updates coming soon. Will this sweet bearish technical setup play out in the favor of the sellers? 

The bears couldn’t hold the range on NZD/CAD as the Loonie fell on deteriorating trade developments. Closed my position manually after a strong momentum break of resistance.

Adjusting my entry strategy on EUR/JPY after my short orders were narrowly missed before sellers took back control. 

With a couple of major data points coming up from Canada later in the week, I’m looking at this potential short Loonie play on AUD/CAD.

Taking a short-term shot on EUR/JPY this week ahead of European data. Will the retested broken support turn into resistance? 

Decided to close my long AUD/NZD position manually after the RBNZ surprised a lot of traders by holding off on rate cuts today. Here’s a quick review.

Taking a shot on NZD/CAD as the upcoming RBNZ monetary policy decision is likely to shake up the market this week. What’s expected and will the range hold? 

This pair recently busted through a long-term descending trend line and double bottom neckline. Can the climb resume after this retest?

Checking out the range & taking a small shot on AUD/NZD on hopes that volatility will pop up on upcoming catalysts from New Zealand and Australia.

With a tough time busting through the next major psychological level, and with the Canadian employment report coming soon, I’ve decided to close my remaining CAD/JPY position to lock in profit to avoid event risk.

Will sellers take control once again on AUD/CAD to keep the consolidation going, or will top tier AU & CA break the ranging pattern?

My long CAD/JPY position is working out nicely in a short amount of time, but with top tier Canadian data coming up, I’m adjusting my position to lock in profits and reduce my risk.

GBP/NZD traders have been hitting the snooze button but this week’s top tier events from both the U.K. & New Zealand make for a prime consolidation break opportunity.

No luck with this week’s short-term idea on AUD/USD as I decided to close early after a not-so-dovish AU CPI read and the FOMC monetary policy statement.

Checking out this textbook technical setup on CAD/JPY that plays into my relatively fundamental bullish outlook on the forex pair. 

Taking a short-term shot at AUD/USD, ahead of likely volatility coming from an upcoming top tier economic update from Australia!

Decided to close out my short EUR/CAD position for a profit after a nice move lower in a short amount of time. Here’s a quick trade review!

Despite having more winning ideas than losing ones, my performance took a slight step back in the third quarter. Here’s a quick review and adjustments to make going forward.