Forex Tips and Tricks –  Keeping It
Simple To Be Successful

It’s getting very interesting again. In Britain all eyes are on the outcome of the parliamentary vote with wide expectation of defeat for Teresa May. Whenever the GBPUSD rallies, I wait for it to turn and look for a short setup.   Today with growing negativity...

There are a number of conflicting signals in the markets this week – making it difficult to find high probability trade setups. The market has a lot to digest to begin 2019.. as it looks forward.   Equity markets continued higher today along with gold, oil,...

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...

I will be returning the week of January 7th.

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...

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...

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...

It’s nice to see the USD moving higher as the week began.   On Monday with a very strong USD and crude oil WTI moving lower a long was taken on the USDCAD risking 22 pips for a potential 77 pips to our daily target at 1.3416. Price moved up quickly to Friday’s...

The GBPUSD is a very active pair lately with all the concerns surrounding Brexit. It is also potentially very volatile and is best traded with very tight stop losses. Having moved higher in a countertrend move early in the U.K. session and having made its topside...