by Michael Bridgman | Jan 15, 2019 | Forex Tips
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...
by Michael Bridgman | Jan 9, 2019 | Forex Tips
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, the...
by Michael Bridgman | Jan 8, 2019 | Forex Tips
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...
by Michael Bridgman | Dec 23, 2018 | Forex Tips
I will be returning the week of January 7th.
by Michael Bridgman | Dec 20, 2018 | Forex Tips
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...
by Michael Bridgman | Dec 18, 2018 | Forex Tips
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 102...
