by Michael Bridgman | Oct 12, 2018 | Forex Tips
The markets have become volatile in October once again. It was a shortened trading week in North America and equity markets were making the headlines as they began to sell off. As U.S. yields continue to rise, the market participants looking for a safe return tend to...
by Michael Bridgman | Sep 28, 2018 | Forex Tips
The USD showed moderate strength today and as the U.S. session got underway, an entry long was found on the USDJPY risking 11 pips for a potential 39 pips to our daily target (not shown) at 113.82. Price moved up but failed twice to close above its Asian session high...
by Michael Bridgman | Aug 14, 2018 | Forex Tips
The situation in Turkey has not been resolved. The markets are currently focused on the area and contagion through emerging market currencies as well as European bank exposure are weighing heavily. With a downward trending EURUSD, we were able to find a short...
by Michael Bridgman | Aug 9, 2018 | Forex Tips
After 2 days of being basically flat the USD moved higher today. The GBPUSD continued to trend downward and a nice short setup occurred early in the U.S. session. Risking 15 pips for a potential 68 pips to our daily target at 1.2825 we entered short after a 3 candle...
by Michael Bridgman | Aug 8, 2018 | Forex Tips
The GBPUSD moved lower today during a week light on economic news drivers. The 1.3000 level gave way last week despite the rate increase in Britain. Although 1.3000 may be re-tested, this pair looks like it may be headed lower to my eyes. We took an early entry...
