by Michael Bridgman | Jan 14, 2020 | Forex Tips
The optimism surrounding the signing tomorrow of the U.S. – China Trade Agreement Phase One hasn’t helped the DXY to close above 98.50 and gold continues to find buyers near $1540. The Core CPI (YoY) met market expectation today and the shortfall in the more...
by Michael Bridgman | Jan 13, 2020 | Forex Tips
As the U.S. session got underway today, we saw a minor pullback in the the EURUSD, USDJPY and EURJPY. Price soon reversed higher and with a stronger Euro today versus the USD and the USDJPY moving higher, we chose to go long the EURJPY. Risking 8 pips for a potential...
by Michael Bridgman | Jan 10, 2020 | Forex Tips
The NFP release, typically the first Friday of each month, historically has been a very volatile time to trade. In 2019, this was not the case and so I decided to watch the markets today and see if a trade would set up. After a disappointing number today of...
by Michael Bridgman | Jan 8, 2020 | Forex Tips
Experience over the years has taught me to enter a new year cautiously and to be patient. There will be some fantastic trades this year and some setups will be very high probability and obvious, while others will be less so… but high probability just the same. Leave...
by Michael Bridgman | Dec 19, 2019 | Forex Tips
It didn’t take long for the GBPUSD to move down after the U.K. election…another case of “buy the rumour, sell the news”. The GBPUSD had rose as the polls reported… and the markets projected a Conservative majority for Boris Johnson. The good news is, we will have...
