Need a broker?

It is very important to choose a broker to trade with. Don’t get pulled in by brokers that give the whole ECN, NDD, STP, and what not speech. The truth is Continue reading

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Trade setups for the week of Aug 21, 2016

Prior to each week, I scan through all possible pairs in my watchlist and see which ones are worth trading for the week ahead. This week is no different and here are some of the technical setups I’m watching at the moment. Continue reading

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GBPUSD continues to remain bearish

After the consolidation breakout earlier, GBPUSD is preparing for another round of selling as it currently tests the 4-hour price level. Continue reading

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Post NFP review and USD long exits chart setups

Last Friday’s U.S. Non-Farm Payroll release continued with strong employment figures at 255,000 with biggest job growth in business services, healthcare, and financial activities with a decline in mining. Continue reading

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Sterling bulls return despite possible BOE rate cut

Earlier this month, GBPUSD broke above a roughly two week long consolidation just yesterday signalling conservative long positions into the Great Britain Pound once again. Continue reading

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Preparing for an USDCAD short entry

USDCAD is currently recovering from the July 29 sell-off, but be prepared for another round of selloff.  Continue reading

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Yen returns earlier profits on BOJ QE expectations

Yen pairs sold off drastically as traders became bearish with expected Bank of Japan continued fiscal stimulus. Continue reading

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USDJPY trade analysis review

Last week I focused on Yen bulls for the week ahead primarily looking at how the hourly 20 period and 65 period exponential moving averages served as a resistance point. Continue reading

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