Australian Dollar Currency Spotlight: Is There Still a Chance For Weakness?
Last week I wrote about the Australian dollar becoming weak after the interest rate rise announced by the Reserve Bank[…]
Read moreTag: forex trading for beginners
AUDUSD Passes Monthly Trigger Point
The currency in the spotlight this week is the Australian Dollar (AUDUSD). Let’s first take a big-picture view of the[…]
Read moreTrade #10: USDJPY Continued Strength
Trade #10 was on the USDJPY currency pair. At point A, there were wild price swings after the CPI figures[…]
Read moreTrade #9: NZDUSD Bottom Reversal
The following live trade was on the NZDUSD. This trade was taken during the period of accumulation which is a[…]
Read moreTrade #8 – AUDUSD Buying Pressure Exit Trade With Loss
The following trade was on the AUDUSD, we had trend alignment to the downside with multiple timeframes trending down and[…]
Read moreTrade #7 AUDCAD Short Trade Identifying Signs of Weakness
We have executed a trade on the AUDCAD on the 30-minute chart. This was a short trade after we identified[…]
Read moreTrade #6 AUDCHF Just Following The Trend
This trade was a simple trade, where we had trend alignment to the downside. This trade was a classic case[…]
Read moreTrade #5 USDJPY No Follow-Through After Major Weakness
The following trade was on the US, Japanese Yen. There was a major sign of weakness in a Trap up-move[…]
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