by Michael Bridgman | May 25, 2018 | Forex Tips
The EURUSD continues to be a pair that I like to short… as previously mentioned. It doesn’t set up every day but when it does as it did today, I want to take advantage of it. Today the USD was strong and after the EUR failed to stay above its Asian high, a...
by Michael Bridgman | May 22, 2018 | Forex Tips
With Brexit in just over 10 months, internal squabbles continue for P.M. May regarding her plans to remain in the customs union longer if necessary as the question regarding the Irish border remains unresolved. BOE Governor Carney in his recent statement has...
by Michael Bridgman | May 16, 2018 | Forex Tips
As mentioned a couple of week’s ago, our bias is to trade the EURUSD short… with the trend. It broke a very important technical level and we will continue to evaluate it daily for entry setups. On Wednesday after the U.K. open, the pair failed to stay above its Asian...
by Michael Bridgman | May 15, 2018 | Forex Tips
The GBPUSD has been holding on to the technically significant 1.3550 area for over a week. With a stronger USD today coupled with the US 10 yr yield back above 3%… we saw a uniform move across the majors. We entered the GBPUSD short risking 15 pips for a...
by Michael Bridgman | May 10, 2018 | Forex Tips
Trading has been interesting this week. With President Trump’s announcement regarding Iran, the USD has temporarily lost its momentum upward and crude oil (WTI) is above $70 for the time being. Israel is aggressively defending itself against attacks, which creates...
