Forex Tips and Tricks –  Keeping It
Simple To Be Successful

A very simple trade today in the AUDUSD as it failed to remain above its Asian session highs – after the poor JOLTs job openings release in the U.S. session overlap.   A short was taken risking 6 pips for a potential 49 pips to our daily target at .7098. Price...

A very orderly move in the GBPUSD today as it made a “3 Drives” pattern downward. The first drive was from its Asian session high to its Asian session low – where it rested and went sideways. The second drive was down and through yesterday’s low – where it rested...

Early in the U.S. session the GBPUSD attempted to move above its Asian session high and failed. After it began moving down, a short was taken risking 15 pips for a potential 117 pips to our daily target at 1.3052. Price continued downward then bounced at its Asian...

As the U.S. session got underway the EURUSD moved higher but failed to close above its Asian session high and began to move lower after leaving a long upper wick. A short was taken risking 8 pips for a potential 37 pips to our daily target at 1.1168.   Would...

The USD strength is continuing as we begin the second quarter.   What has changed with Brexit other than a brief extension? The short answer is…nothing. PM May has not been able to get an acceptable deal through her own parliament, let alone the E.U. The...

ECB President Mario Draghi confirmed yesterday that improvement in growth and inflation is still expected in the second half of 2019 and if that doesn’t happen, then the officials are ready to take action.   In advance of the U.K. open the EURUSD sold off, it...

One week, we have USD strength, followed by USD weakness, followed by USD strength. It appears the bears and the bulls are both correct. Volatility and reversals are something traders needs to get accustomed to.   Fundamental analysis is very important but...

A slow Monday as traders await the FOMC on Wednesday.   After moving higher before the U.S. session, the EURUSD began to roll over as the U.S. session got underway. A short was taken risking 8 pips for a potential 42 pips to our daily target at 1.1308. Price...

The situation in Britain continues to confound as parliament votes today to extend the deadline beyond March 29th. Even if passed by a majority in parliament, the E.U. can still say no Britain’s request. This uncertainty is keeping many traders away from the...