Forex Tips and Tricks –  Keeping It
Simple To Be Successful

Some positive economic releases early in the U.K. session brought the EURUSD buyers in and as the U.S. session got underway a top formed and a short was taken risking 5 pips for a potential 38 pips to our daily target at 1.1075.   The EURJPY was an alternative...

The markets are giving some mixed signals today, but the USD is stronger and the Euro is weaker. As the EURUSD began to trend lower, a short was taken early in the U.K. session risking 10 pips for a potential 31 pips to our daily target at 1.1100. With pending news...

After some positive economic news for the U.S. today, particularly the Core Retail Sales (MoM) Dec. number, the USD caught a bid tone.   A short in the AUDUSD was taken risking 9 pips for a potential 28 pips to our daily target at .6896. Price moved down to...

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...

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...

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...

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....

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...

The USDCHF moved higher early in the U.K. session then reversed and a short was taken risking 8 pips for a potential 43 pips to our daily target at .9793. nbsp; Price moved down to test its Asian session low and yesterday’s low before descending further in advance...