[Trade Signal] – Monday is EUR Shorts day…

Well – for the first time in a long time Monday looks almost half interesting and we are already starting to see a little movement. Despite that assessment things do appear to be still very slow and sluggish in this first quarter of the year.

There has certainly been a significant amount of other action elsewhere than the primary focus of this free newsletter

EURJPY – still showing signs of being in a rather large range. Currently we are at a good place for an each way trade choice.

EJ-April-14a

GBPJPY is also in a large range. I do not think that assessment makes too much difference as its really wide and price is tending nicely within that range… currently looking for shorts

GJ-April-14a

EURUSD – becoming a lot more interesting that previously in the year… will it continue? New short directions setting up for me.

EUR-April-14a

GBPUSD – This whole areavis a mess and Im continuing to avoid it.

GBP-April-14a

Dow – My darling Dow… lovely chart… lovely profits… still short and looking for short

YM-April-14a

 

This page is updated periodically through the day. Please check back regularly

Trade-Like-a-pro

[Trade Signal] – Monday showing signs of…

Monday showing signs of again being a pretty slow start to the week. This has been a common theme for nearly 12 months now and has been one of the longest running day by day themes/trend cycles Ive noticed in all my years of looking at Forex.

That being said the USD rates all seem to be in a quagmire and it might just be worth looking towards some of the more exotic cross rates for some movement and if you are not doing so already then consider different markets to broaden your trading pool.

EURUSD – not unsurprising that we are seeing ranges develop again. A slight downward channel with prices remaining sloppy

EUR-April-07a

GBPUSD – Also starting to look a lot like EURUSD in that its messy and certainly not showing any signs of trending at the moment. simply scroll back on the chart a few months and you will soon see exactly what I mean

GBP-April-07a

YM Futures – The Stock indexes again are providing some of the better movement. This pattern is also in a range but wide enough to consider trading simply punting off the highs over the last several days has provided some amazing results as we have all noted. Now we are looking at a break down and hopefully the start of some more consistent trending movements.

YM-April-07a

GBPJPY – flipping over from longs to shorts very nicely. Im hoping to see some follow through from Fridays sell off.

GJ-April-07a

EURJPY - flipping over from longs to shorts very nicely. Im hoping to see some follow through from Fridays sell off.

EJ-April-07a

 

This page is updated periodically through the day. Please check back regularly

Trade-Like-a-pro

[Trade Signal] – Prices ping & pong around…

The Markets appear to be very skittish still and have been all this year. Price are moving but they just dont seem to be sustaining any longer term directional moves… commonly known as a trend.. at least not for more than a few days or a few hundred points

Thankfully the profits are still there but we do not have the luxury of seeing something interesting every day or every other day for that matter and given the same skittish behaviour it is very prudent to be very selective with what is available

EURUSD – Im calling a range on this still… very mess and very spiky. The sensible thing to do is to wait for a solid move in any direction

EUR-April-02a

YM Dow mini futures. Best chart out there at the moment… some lovely range trading simply taking a reversal off the range boundaries has produced some of the best trades this year so far despite there being no solid single direction.

YM-April-02a

GBPUSD – still also flip flopping around. price in conflict with strategy at the moment and Im waiting for things to line up. Currently Im waiting

GBP-April-02a

EURJPY – Also flip flopping but doing it over a wider range. We can see that price is starting to showing some signs of trending behaviour but as always at the moment it a question of will it continue. Right now we are at levels on the chart that suggest its a good place for it to turn. Caution is needed for new trades or simply manage existing trades which is what Im doing right now

EJ-April-02a

GBPJPY – giving us a nice simple and clean break out movement.Similar to EURJPY though prices are at levels where we could see a turn and this move exhaust itself.

GJ-April-02a

 

This page is updated periodically through the day. Please check back regularly

Trade-Like-a-pro

[Trade Signal] – A flippin’ & a floppin’

There is not too much different from yesterday & thus not a significant change in commentary.

EURJPY – Looking very much like its breaking through the boundary low we had marked off. As I type waiting for a pullback to enter below

EJ-Mar-21a

GBPJPY – Long entry set up voided and price is moving back into its previously established range. Waiting for a break out.

GJ-Mar-21a

GBPUSD – Shorts are pushing slowly down but with no real conviction. Im not tempted to add in just yet and playing the cautious card. Lets see where this move takes us before starting to get clever with adding in.

GBP-Mar-21a

Dow YM Futures June 14 – Price is moving back to the rising channel break point again. I still like shorts below 16,300 which is a discretionary decision outside of the normal strategy. Resuming looking longs above 16,350

YM-Mar-21a

EURUSD - Shorts are pushing slowly down but with no real conviction. Im not tempted to add in just yet and playing the cautious card. Lets see where this move takes us before starting to get clever with adding in.

EUR-Mar-21a

 

[Trade Signal] – Dare I say “At Last!” …(again)

As I”m typing it all looks promising…. again. Yup we have seen this potential start of something several times over the last 3 months and while things are moving a little more than they have been recently I’m just not quite convinced just yet that we are starting to see some trending movements.

EURUSD – Short pending on a break out.

EUR-Mar-20a

Dow YM Futures June 14 – Gathering some momentum behind yesterdays short. Big question is will it continue. Adding in around current levels.

 

YM-Mar-20a

GBPUSD – Short pending on a break out.

GBP-Mar-20a

GBPJPY – Long pending on a break out.

GJ-Mar-20a

EURJPY – Waiting for a break out

EJ-Mar-20a

 

This page is updated periodically through the day. Please check back regularly

Trade-Like-a-pro