Tag Archives: potential trades

EURGBP – Short term weakness but consider the higher timeframe

On the hourly chart of EURGBP I think we are quite likely at a price juncture that allows for a decent risk:reward setup for FX traders to take a look at. Again in this setup I am looking at volatility … Continue reading

Rate this:

Posted in Forex, Market, Trading | Tagged , , , , , , , , , , , , , | 2 Comments

Euro possibly set for a new step lower

One of the things that I have noted in recent weeks has been the relatively comfortable trending behaviour of the cross rates and the hugely erratic nature of the spot rates. This is not just from the last few weeks … Continue reading

Rate this:

Posted in Forex, Market, Trading | Tagged , , , , , , , , , , , , , , , | 5 Comments

AUDUSD – Key Moving Averages to Tell the Tale

The AUDUSD has been one of those slightly irritating trading pairs of late. Irritating because it has been tough to lump in with all the other currencies due to its often strong performances relative to currencies like the euro. Whilst … Continue reading

Rate this:

Posted in Forex, Market, Trading | Tagged , , , , , , , , , , , , , , , , , , , | 2 Comments

EURUSD – Short Term Pressure Signals Showing

Whilst I doubt it would be considered unique or Earth-shattering to express a bearish view of the Europe there are some notable signs that are visible in the market this morning – particularly on the hourly chart. When you look … Continue reading

Rate this:

Posted in Forex, Market, Trading | Tagged , , , , , , , , , | 1 Comment

Half a step taken in the Euro-3-Step

This afternoon the news hit the Bloomberg terminal that the financial world had been hanging out for -“Euro-area leaders agreed to drop the condition that emergency loans to Spanish banks give their governments preferred creditor status, European Union President Herman … Continue reading

Rate this:

Posted in Forex, Trading | Tagged , , , , , , , , | Leave a comment

I don’t want to stir up trouble….however

I sometimes fear that we worry about the wrong things when it comes to the financial markets. There are always swags of things to think about and it can cover any timeframe that you care to name from where the … Continue reading

Rate this:

Posted in Forex, Market, Trading | Tagged , , , , , , , , , , , , , , , , , | 4 Comments

AUDJPY – Hourly Ascending Triangle forms in Daily Downtrend

The nature of triangle patterns is to illustrate congestion zones in broader price trends. This is why a triangle that occurs in a ranging market is not likely to be of huge value. The other thing that traders need to … Continue reading

Rate this:

Posted in Forex, Trading | Tagged , , , , , , , , | Leave a comment

EUR/AUD – Downtrend resuming – setting up for sell trade

One of the things that can be most valuable to trend traders is to align their setup search over a number of different timeframes. This usually means looking at monthly, weekly, daily etc charts to find alignment in direction. I … Continue reading

Rate this:

Posted in Forex, Market, Trading | Tagged , , , , , , , , , , , , | Leave a comment

EUR/USD – Stalking your prey may be the go

Whilst I normally write about trade setups that are imminent I thought today I would share with you a different perspective on looking at setups and discuss how looking at some different timeframes can give you a clearer picture on … Continue reading

Rate this:

Posted in Forex, Market, Trading | Tagged , , , , , , , , , , | Leave a comment

GBPUSD – Hourly Chart at Key Level

Whilst there has been little in the way of positive to grab hold of in recent sessions it has been quite notable that prices in a number of key indices have been finding a goodly degree of support in recent … Continue reading

Rate this:

Posted in Forex, Trading | Tagged , , , , , , , , , , , , , , , | Leave a comment