Trade Ideas

Had to make moves on both my GBP/NZD and CAD/JPY positions as the fundamental drivers shifted and price action signaled it was time to exit. Here’s a quick review!

Hey guys! If you’re watching Cable’s charts like I am, then you’ve probably noticed that it’s testing major resistance levels right now. Which way will the pound go next?

Australia jobs data is just up ahead which could get me to play my short bias on AUD/NZD at a better price!

Since the RBNZ was surprisingly upbeat in their policy statement, I’m switching to a long Kiwi bias with this swing setup. What do you think?

Solid trend higher on CAD/JPY over the past few week, but now finding some resistance and consolidating. Breakout ahead? 

The Aussie dollar is the currency to watch this week, so here are bullish and bearish setups to watch out for if you’re bold enough to play the potential volatility spike!

Can USD/JPY extend its uptrend over the next couple of trading sessions? Here’s the forex setup that I’m watching this week.

Taking a shot on GBP/NZD for a longer-term position as the pair is showing signs of weakness around a major area of interest. 

AUD/CAD has gone my way so far, but with an likely volatile week ahead for both AUD and CAD, it’s time to look ahead and come up with a plan to both maximize the trade and reduce risk. 

Big event for NZD means an adjustment to my EUR/NZD short trade, while the bounce in EUR/USD could be another opportunity to get bigger at a better price in this longer-term trade.

With the RBNZ decision coming up this week, I’m on the lookout for Kiwi setups that I can trade. Do you think it’s a good idea to short this one?

No fresh ideas for new plays at the moment, so here are quick updates on my longer-term plays on EUR/USD and AUD/USD.

Ack! It looks like this pair didn’t gain much momentum to sustain its bullish run last time. I’m gonna keep close tabs on these support levels to see if I can catch a pullback entry.

Put out a few cross currency pair ideas over the past few weeks and after some pretty big moves, it’s time for an update and adjustments. Check it out!

EUR/NZD continues to move in my favor but with another potentially negative Kiwi event coming up, it’s time to adjust to lock in profits & create a “risk-free” trade. 

We could see one more burst of volatility for the Greenback tomorrow, making this setup on GBP/USD a play into the weekend. 

After breaking consolidation this week, traders went short big time thanks to a few fundie catalysts. Is there still momentum ahead?  

Hey all! If you’re looking at potential trades ahead of the Fed’s event this week, then you might want to take a look at USD/JPY’s 4-hour chart with me.

No fresh trades today but with Brexit action heating up and the FOMC meeting this week, I’m keeping a close eye on Cable for my potential next move. 

Pound pairs seem unstoppable in their climb, so I’m also watching this bullish momentum play on the long-term chart of GBP/AUD. Take a look!