US$ higher: that was the day

Thursday’s FX trading was primarily defined by a stronger US$, helped by US data and Fed comments & in spite of Trump comments, with only the GBP£ as the real stand out agai …
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US$, USD/MXN + FX

The US$ remains stuck under 100 but above support from a H&S neck lines. I’m still waiting for the next directional move on this index to help shape up moves across FX pairs …
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US$ bounce reminds: you’ve got to be nimble

The US$ has bounced from support with the help from more US rate hike talk. Long term followers of my blog site will be aware of my preference for trend trading off shorter-time f …
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TL b/o give 880 pips; Silver, EUR/USD & GBP/USD triangles in focus

There has been a fair bit of FX movement already this week and some of this started in Monday’s Asian session. There have been 8 breakout trades from chart patterns posted over …
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FX: looking to next week

Some of the breakout moves have continued and there has been one new one but, for me, I’m more looking at the charts with next week in mind. A reminder that I have a busy w/e an …
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US$ remains below 100 level

The US$ remains below the key 100 level and any hold below this support-turned-resistance will impact sentiment across many FX pairs. Some of the breakout signals noted yesterday h …
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St Patrick’s Day heralds ‘risk on’ shift

Some of the FOMC inspired breakout moves have continued but others have closed off with the pip tally from these combined moves reaching 6,760. Some FX pairs look like they’re ba …
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Some USD-based FX pairs ahead of FOMC

Wednesday’s US FOMC update is likely to trigger movement on currency pairs but probably more so on USD-based pairs. Here is how I’m seeing various time frames of some USD-based …
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FX / Stocks: still consolidating ahead of FOMC

There hasn’t been a lot of movement across the Stock indices or Forex pairs but that isn’t surprising given the wait for FOMC. There were a number of 15 min TC signals that tri …
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TLs & TC algo: a match made in heaven!

Trend line breakouts combined with my TC algorithm are proving to offer highly successful trend trades and last night’s session offered up further examples of this. My only prob …
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