by Michael Bridgman | Jan 8, 2019 | Forex Tips
Equity markets were stronger today as was the USD. Early in the U.S. session the USDJPY made a lower high and began moving down. We entered short risking 16 pips hoping to get at least 32 pips before the London session ended. Price moved down to yesterday’s...
by Michael Bridgman | Dec 23, 2018 | Forex Tips
I will be returning the week of January 7th.
by Michael Bridgman | Dec 20, 2018 | Forex Tips
Equity markets continued to sell off and the U.S. 10 year yield continued lower today as did the USD. It was no surprise that gold moved higher and money flows were moving to the yen. The EURJPY fell during the Asian session then retraced upward where it ran...
by Michael Bridgman | Dec 18, 2018 | Forex Tips
After initially moving higher today, the GBPUSD failed to close above the 1.2700 figure and began to move lower. Although tempted to enter earlier… waiting for the U.S. session economic news to be released still allowed us an entry, risking 20 pips for a potential 102...
by Michael Bridgman | Dec 14, 2018 | Forex Tips
The GBPUSD dropped at the beginning of the U.K. session, pulled back to its Asian session lows and dropped again. A short was taken rising 18 pips for a potential 81 pips to our daily target at 1.2508. The 1.2500 figure is an area where buyers have been entering this...
