by Michael Bridgman | Mar 25, 2021 | Forex Tips
The EURUSD made a lower high in in the U.S. session overlap and an entry short was taken risking 14 pips for a potential 49 pips to our daily target at 1.1753. (not shown) Price moved lower going into the European close where we exited the trade. As we approach...
by Michael Bridgman | Mar 23, 2021 | Forex Tips
The GBPUSD started to move lower early in the U.K. session. A short was taken risking 17 pips for a potential 66 pips to our daily target at 1.3762. Both the Asian session low and yesterday’s low were quite close to our entry. Price was able to go through both...
by Michael Bridgman | Mar 19, 2021 | Forex Tips
North America moved the clocks forward an hour last weekend. The U.S. session overlap with London is 5 hours instead of 4 hours until next weekend, when both the U.K. and Europe move the clocks ahead an hour. Trading has been slower this week for me with so...
by Michael Bridgman | Mar 15, 2021 | Forex Tips
The USD started the trading week stronger while the GBP weakened. Today as the U.S, session got underway, the pair moved lower then went sideways for the second hour, before moving further to the downside. A short was taken risking 15 pips for a potential 64...
by Michael Bridgman | Mar 12, 2021 | Forex Tips
As commodities continue to rise at this stage of the economic growth story, traders can look for setups in the CAD, AUD and NZD pairs. With oil performing very well this year and 70 percent of Canadian exports going to the U.S., the USDCAD has been very active as the...
