by Michael Bridgman | Mar 31, 2021 | Forex Tips
The GBPUSD moved lower going into the U.S. session overlap. As the pair began to move higher, coupled with a weaker USD today, a long was taken risking 10 pips for a potential 24 pips to our daily target at 1.3797. The first candle after our entry produced a long...
by Michael Bridgman | Mar 30, 2021 | Forex Tips
The USDCAD in the early U.K. session found a bottom at its Asian session lows. It subsequently broke above its Asian session high for a second time. A long was taken risking 9 pips for a potential 42 pips to our daily target at 1.2647. Price moved higher with a small...
by Michael Bridgman | Mar 25, 2021 | Forex Tips
The EURUSD made a lower high in in the U.S. session overlap and an entry short was taken risking 14 pips for a potential 49 pips to our daily target at 1.1753. (not shown) Price moved lower going into the European close where we exited the trade. As we approach...
by Michael Bridgman | Mar 23, 2021 | Forex Tips
The GBPUSD started to move lower early in the U.K. session. A short was taken risking 17 pips for a potential 66 pips to our daily target at 1.3762. Both the Asian session low and yesterday’s low were quite close to our entry. Price was able to go through both...
by Michael Bridgman | Mar 19, 2021 | Forex Tips
North America moved the clocks forward an hour last weekend. The U.S. session overlap with London is 5 hours instead of 4 hours until next weekend, when both the U.K. and Europe move the clocks ahead an hour. Trading has been slower this week for me with so...
by Michael Bridgman | Mar 15, 2021 | Forex Tips
The USD started the trading week stronger while the GBP weakened. Today as the U.S, session got underway, the pair moved lower then went sideways for the second hour, before moving further to the downside. A short was taken risking 15 pips for a potential 64...
