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A Practical 5 Step Pre-trade Checklist by Sam Eder

Damn, I hate making trading mistakes. As I have mentioned in the past, mistakes kill trading systems. So, here is a practical pre-trade checklist to help you knock mistakes on the head. Are you in the right state to trade? (About a 5 out of 7.) Are you breaking any of your written rules on […]

Barclays: Trade idea of the week is to sell EUR/USD rallies

Idea for the week aheadShort EURUSD: We expect the recent rebound in EURUSD to be short-lived as economic fundamentals still point to a significant decline in the medium-term with the Fed firmly on a (gradual) policy normalization path, while the ECB is increasingly likely to announce QE in January 2015. As such, we prefer fading […]

DXY: Some room for a downside correction in the dollar index by Jim Langlands

  DXY: 88.32 Having topped out at 89.55 last week, just shy of the major target at 89.62, the March 2009 peak, the  DXY has since retreated, to close Friday back at 88.32, having bounced off a low of 88.06.  It looks to me as though we could be in for some more downside action in the next […]

Indices/Commodities Outlook by Jim Langlands

  INDICES/COMMODITIES S&P Futures 1998 The S+P, already under pressure on Friday, suffered a late day collapse and finished back below 2000 weighed down by the oil price and as I said last week, I think we are on our way to 1985 (100 DMA) and then to 1977 (38.2% of 1813/2078. Below there would […]

FX moves at the mercy of the USD, CPI and FOMC? by Mary McNamara

Last week:  There were two TC signals last week. The A/J delivered up to 250 pips and is still open but the EUR/GBP, although not on my radar, was a 50 pip loss. This week: The USD index has struggled to break above major 90-level resistance. Weaker than expected US PPI data put pressure on […]

Weekly Trade Preview by Dane Williams

Starting something different this week with a Weekly Trade Preview blog post. I’m going to post the longer term view for key levels and trends that can be traded around with a few obvious thoughts thrown in to try and keep myself on the right side of the market when I’m placing trades in the […]

Forex Trading Opportunities for the Week Ahead 14 December 2014 by Sam Eder

I plan my trading for the week ahead each weekend. Here are the Forex trading opportunities I will be stalking this week. Note that this is my current view, but if market conditions change my view can change too. Generally I will trade in alignment with what I have noted here, though I will wait for […]

USD struggling: CPI & FOMC may define the next big $ move by Mary McNamara

USDX Monthly: The December candle is currently printing a bearish coloured ‘Long Legged Doji’ and is back below the 2010 highs. Monthly Ichimoku: The December candle is trading well above the monthly Cloud. Weekly: Last week’s candle closed as a bearish engulfing and bearish-reversal ‘Railway Track’ candle.   Weekly Ichimoku: Price is still trading ABOVE […]

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