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GBP/USD Heads Lower

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GBP/USD Heads Lower Off Pin Bar on D1 Chart The pound headed lower after a brief test above 1.4400 and the underside of a descending trend line denoting local resistance….

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Yellen Commets Turn Forex Markets

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Yellen Commets Turn Forex Markets Hello dear readers, It seems that no sooner than I completed the Weekend Analysis, our lovely US Fed chair Janet Yellen pushed back against the…

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AUD/USD D1 Chart Pin Bar

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AUD/USD D1 Chart Pin Bar To start the week we saw a nice pin bar on AUD/USD D1 chart. So far today we see decent follow through, but the day…

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Perfect Entry to Awesome GBPUSD Trade

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This trade was a gift. It’s not often that trades work out as perfectly as this one did, but it goes to show that when you continue to follow your…

Live Trade Update EUR/JPY 01.13.2015

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Live Trade began 01.12.2014 shortly after market open. Sell price: 140.054  Stop loss: 141.10 Lots: 3.0  Profit Target: 138.08   UPDATE: Trade has been closed at 138.413 for +164 (~1.5:1) Here is a…

Kiron Sarkar’s Weekly Report

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Cross posted from The Big Picture Reuters reports that the ECB is considering buying corporate bonds as early as Q1 (January) next year, with the decision to be taken in…

EUR/USD Takes A Dive: Thank You ECB!!

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Aloha Traders! What a glorious thing to wake up to this morning: The ECB surprised nearly everyone with a rate cut down to 0.05%. Wow! The Euro has now dropped…

GBP/USD Short Trade Update – 08.10.2014

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The GBP/USD short trade I posted about on July 23 is still rolling along after a brief pullback to test 1.6900. I plan on doing a full analysis of this…

GBP/USD Trade Screens

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Aloha traders! I’ve uploaded a couple of screen captures from my smartphone showing the GBP/USD short I’ve been riding for a while now. This is how price action trading works….