Monthly Archives: July 2009
Which is more important? Trend direction or Support/Resistance?
Many traders grapple with this all the time. Continue reading
How to decide on which currency pair to trade: EUR/USD or GBP/USD
Many times, traders wonder “which pair is the better pick”. I say, let the charts decide it for you and take all of the guess work out of it. Continue reading
EUR/CHF launches another 60+ pips and counting!
Yesterday, I wrote an article and did a YouTube video for our partner, mywealth.com. Since the release of that article, EUR/CHF has launched forward another 60+ pips and counting Continue reading
AUD/USD broke higher as expected!
AUD/USD broke higher as expected. It’s superior fundamentals have continued to cause it to head higher, especially when directly compared to the weak fundamentals of the U.S. Continue reading
AUD/USD prepares to bolt higher!
Trend trumps support/resistance! As you can see on the chart below, the trend’s direction is THE most important thing (green moving average line). Continue reading
It appears the Swiss keep “raising the floor” on the EUR/CHF trade!
Okay, I realize that this isn’t the only pair out there. However, it is likely the ideal candidate right now as it likely has much more upside potential than downside due to the constant intervening of the SNB – Swiss National Bank (Switzerland’s central bank) Continue reading