by Michael Bridgman | Jan 23, 2019 | Forex Tips
European bourses moved higher as did the FTSE in London going into the U.S. session. An appetite for risk continued as the Dow surged higher after the opening, but it subsequently reversed. The USDJPY found sellers as it moved to test the 110.00 big figure. A...
by Michael Bridgman | Jan 16, 2019 | Forex Tips
The EURUSD was more appealing with a risk of 13 pips for a potential 75 pips to our daily target at 1.1338. An entry short was taken, price moved down to yesterday’s low where it began to retrace in advance of the U.S. open closing our trade for modest gains well...
by Michael Bridgman | Jan 16, 2019 | Forex Tips
Overall the Euro and Sterling are not looking good at the moment and the USD is recovering well this week – as trade talks with China continue to sound positive. As the U.S. session got underway, the EURUSD broke lower and a short was taken risking 8 pips for a...
by Michael Bridgman | Jan 15, 2019 | Forex Tips
It’s getting very interesting again. In Britain all eyes are on the outcome of the parliamentary vote with wide expectation of defeat for Teresa May. Whenever the GBPUSD rallies, I wait for it to turn and look for a short setup. Today with growing negativity...
by Michael Bridgman | Jan 9, 2019 | Forex Tips
There are a number of conflicting signals in the markets this week – making it difficult to find high probability trade setups. The market has a lot to digest to begin 2019.. as it looks forward. Equity markets continued higher today along with gold, oil, the...
