Next week we have on Monday a bank holiday in the UK celbrating Mayday and a pretty quiet day , only tier one news is from Australia and then China , early in the morning. Things start to get a bit busier on Tuesday with some US tier one data releases. On Wednesday we have […]
Been checking the charts all day here and no decent setups have established themselves. The best one we saw was early yesterday morning at around 3 AM EURNZD on our 1 hour entry strategy when I was not around to take it . Typical lol . On our GBPUSD morning strategy, this morning showed it […]
There are a few of ways to trade the forex market. Either you try and sell at the “highs” or buy at the “lows” , you could trade with the trend , or you could trade breakouts from a range. There are lots of methods of trying to find these entry places. Be it Elliot […]
The Story Pretty much everyone and their dog was trying to long the Swiss national banks EURCHF peg of 1.20 using the promise of the SNB to protect the 1.20 floor with “unlimited funds” On the 15th January , the SNB out of the blue announced they were no longer supporting the 1.20 floor which […]
Well thats nearly another year gone. We will be back to trading in the new year from the 5th of January as the brokers dont re open until the morning of the 2nd of January anyway and this is likely to be a quiet day.(its a Friday too) Video will be released for the coming […]
November was an excellent month . We grossed over 1200 pips using our 5 min and news strategies. Our results page is here : Forex Signal Services Results and our MyFXbook page is here: MyFXBook Analysis We are one of the only forex signal sites that actually post our results. Most just post some impossible […]
No trades yet today , typical Monday morning really. There is also no news releases today of note so may continue to be quiet. Do have this snippet of information, that Barclays turns short-term bullish on GBP/USD, targeting 1.6260/90; they say a break above resistance around 1.6120 has allowed change of short-view to bullish from […]
Was a very sideways monday in the markets . We did do a trade on our 5 minute strategy on kiwi , but dumped it a while later at break even. Tommorow (Tues) we have the non farm payrolls release , which has been delayed since September due to the US gov shutdown. Will be […]
According to calenders Septembers non farm payrolls release which was not published due to the the US governments shutdown is to be published this Tuesday 22 October. Our advice stay away from trading in the hours leading up to the release. Dont be a hero.
When trading harmonic patterns in the forex market easily the hardest question to answer is . When do we enter a trade Consider these two charts In both examples we are expecting the market to turn and give us lots of pips. In reality what sometimes happens with these patterns is that they carry on […]