Category: Forex Trading

System Update: SMA Crossover Pullback (Nov. 23 – 29)

Bearish trends continued to pick up for the pairs I’m watching on this system. There were hardly any new position, except one on GBP/USD. How’s it looking so far? If this is the first time you’re reading about the SMA Crossover Pullback system, make sure you look at the trading rules and risk management adjustments first. EUR/USD already hit its […]

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Daily Asia-London Sessions Watchlist: GBP/JPY

We’re checking out a simple consolidation setup on GBP/JPY ahead of economic updates from both the U.K. and Japan. Before moving on, ICYMI, today’s Daily U.S. Session Watchlist looked at USD/CAD ahead of Canadian economic data, so be sure to check that out to see if there is still a potential play! Intermarket Update: Equity Markets Bond […]

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Terra (LUNA) Resistance Ahead to Hold?

What’s up crypto fiends! Terra (LUNA) is moving like hotcakes to the upside, but with a major swing high level ahead, will the bulls look to take profits again? LUNA/USD 4-Hour LUNA/USD 4-Hour Crypto Chart Terra (LUNA) was an outlier this past weekend as the bulls took charge without regard for the broader crypto weakness due […]

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Can You Really “Start Over” in Forex Trading?

If you’ve been trading long enough, then you’ve likely experienced a time when you feel like you’ve lost your trading mojo. Whether it’s because you took a long break from trading; had a string of losing trades, lost your edge in the markets, or blew your account, there will be times when you feel like […]

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Daily U.S. Session Watchlist: USD/CAD

Is it back to business for USD/CAD trend traders? Risk-taking may have made a comeback during the Asian session but will it be enough to drag USD/CAD lower? Before moving on, ICYMI, I’ve listed the potential economic catalysts that you need to watch out for this week. Check them out before you place your first […]

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Chart Art: Trend and Reversal Opportunities on EUR/USD and CAD/JPY

Who’s ready to start hunting pips? I hope you are because EUR/USD and CAD/JPY are showing us legit trend and reversal opportunities. Get ’em while they’re hot, forex homies! EUR/USD 1-hour Forex Chart Yoooo is EUR/USD ready for a short-term reversal? The euro is trading pretty consistently above the 200 SMA. That hasn’t happened since […]

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Weekly Technical Outlook: Gold Triangle & Crude Oil Correction

Who’s up for a commodity special? I’m seeing this potential support area for gold and crude oil, plus a potential long-term reversal on AUD/USD. Gold (XAU/USD): Daily XAU/USD Daily Chart The precious metal still seems to be stuck in consolidation, as price bounced off the top of a symmetrical triangle pattern on the daily time […]

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Is Gold A Good Investment?

Inflation concerns have been rising in the US and across Europe since President Biden’s latest stimulus package. Could this start a flight back to gold and other commodities? The money supply is expanding, and the oil price is rising; this points to an inflationary environment. While financial markets hate inflation, safe-haven assets such as gold […]

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Week Ahead in FX (Nov. 29 – Dec. 3): Watch Out for OPEC and the NFP!

Welcome to another NFP week, forex fellas! Here’s what analysts are expecting for the jobs report, plus the other catalysts you should keep tabs on. Major Economic Events: FOMC members’ speeches (starting Nov. 29, 8:00 pm GMT) – A handful of Fed policymakers are scheduled to give testimonies throughout the week, and any hints on […]

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HLHB Trend-Catcher System Update (Nov 22 – 26)

Winner winner, I can buy a good dinner! Thanks to a 384-pip win, the HLHB ended this week in the green. Woohoo! Before I show you last week’s numbers, make sure to read all about my HLHB Trend Catcher System if this is your first time hearing about it! Basically, I’m catching trends whenever the […]

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