Predominantly a ranging market on AUDUSD imho. KP

AUD/USD

Here is my perspective on GBPUSD based on my pre-week analysis. The market is in a consolidation mode. The market structure indicated that price has not yet retested the Brexit level created on June 24 and that price action is still in a weekly S/R ...

Cable Update (GBPUSD)

After my pre-week analysis, I will be waiting for the right time to trade GBPUSD, one of the four pairs I selected to trade this week. Here is my perspective on the pair. GBPUSD: The market is in a consolidation mode. The market structure indicated ...

Trap the Market

How important is pre-week planning and preparation to trading success? Did you learn anything recently in that regard that could help you trade differently and better? Share it here with fellow forum members.

What Would You Do Differently Today for Better Trading Results?

I have just completed my weekly scanning of the 10 pairs on my watch list. After the first of six steps, I found five pairs potentially favourably tradable for my style as a short-term swing trader: AUDJPY, EURNZD, EURUSD, GBPJPY and GBPUSD. However ...

Trap the Market

I am now doing my pre-weekly scanning of the pairs on my watch list. After the first step, which involves scanning all the 10 pairs for trend, I have picked five for further analysis. This analysis will involve at least five subsequent steps leading ...

Success Guaranteed - Simply Trade Better

Although the 'panic' news on Japan, which has now turned out to be an old interview granted the BBC by Kuroda in June, spiked the price upwards on EURJPY, the 62 and 50 Fib levels seem to be 'restraining' further move upwards for a potentially ...

Trap the Market

I had favoured trading GBPNZD over GBPUSD at the beginning of the week and still in favour. However, the technicals on GBPNZD are mixed at the moment. Therefore, I will not trade it again this week until there is alignment and the GBP's fundamentals ...

Cable Update (GBPUSD)

The technicals on GBPNZD are mixed at the moment. Therefore, I will not trade it until there is alignment and the GBP's fundamentals have improved. Trade safe.

Trap the Market

Building a profitable trading edge over the market is central to consistent trading success. However, it will not come easy. For me a beginning step when I came to a really see my biggest trading weakness and then started learning how to turn it to ...

Success Guaranteed - Simply Trade Better

Thanks m8. Green pips to ya.

Trap the Market

Overall direction is southwards, only that the momentum is weak atm. Trade safe.

EURUSD

Price has just broken down the trendline I drew on on Sunday on the daily EURJPY chart. That has already offered over 110 pips southwards and has the potential to double that figure. Trade safe.

Trap the Market

That may be a simple statement but it involves a lot. What about you? What is your profitable trading edge over the market?

What Would You Do Differently Today for Better Trading Results?

Talking about a profitable trading edge over the market, this is mine in a layman's language: Mastery of patiently waiting for the market to meet my trading conditions and be trapped. What about you? What is your profitable trading edge over the ...

What Would You Do Differently Today for Better Trading Results?

Good. I suggest you wait for further price action to tell you what the market will do in that area. Bounce off or reject it? KP

Cable Update (GBPUSD)

Do you have a profitable trading edge over the market? Can you describe it in one sentence? How has your trading approach changed since building a trading edge? In general, what have you learned recently that is helping you to trade better? KP

What Would You Do Differently Today for Better Trading Results?