by Michael Bridgman | Nov 7, 2019 | Forex Tips
The currency markets have calmed down after a very reactionary and volatile several months. In my opinion, the markets are looking much more tradeable now. The U.S. – China trade agreement although not yet signed is looking like phase one will now be signed in...
by Michael Bridgman | Nov 5, 2019 | Forex Tips
Risk appetite has returned this week, with both the U.S. and China progressing forward to signing the phase one agreement this month. This has caused the USD to move higher with each whisper of good news regarding the positive developments. Similar to Brexit, it’s not...
by Michael Bridgman | Oct 31, 2019 | Forex Tips
After a second failed attempt to rise above its Asian session high, and a bearish engulfing candle, a short was taken on the EURUSD risking 11 pips for a potential 44 pips to our daily target at 1.1121. There were a number of U.S. economic news releases today so we...
by Michael Bridgman | Oct 28, 2019 | Forex Tips
The USDJPY was fairly subdued in trading until the U.S. session got underway where we chose a long entry risking 7 pips for a potential 22 pips to our daily target at 108.98. There was a little bit of up and down as price moved toward our target, but price...
by Michael Bridgman | Oct 25, 2019 | Forex Tips
It was a tricky week to find really good and productive entries. Brexit delays, headlines and rumours made for a volatile GBP and the EUR too. Where are we now with Brexit? If there were an easy solution, Teresa May would have found it. As it turns out, Boris...
by Michael Bridgman | Oct 17, 2019 | Forex Tips
The EURUSD moved up to test its Asian session high, pulled back and closed above it, as the U.K. session got underway. A long entry was taken risking 7 pips for a potential 32 pips to our daily target at 1.1120. As price moved up, we took the risk out of the trade by...
