Tag: forex analysis

Here is how I see the market today

riviera

You might ask where does that picture come from?

Well, I spent the weekend over the Riviera Maya for the inauguration of the Hard Rock Riviera Hotel and had a terrific time, it included a Bon Jovi concert so you could imagine what a time I had…

So now I’m relaxed and ready to look for those trade opportunities :)

Did you do something different over the weekend? Please comment…

Ok, back to the markets now…

Looking for low risk trade opportunities

One of our main goals as traders is to find not only good trade opportunities, but those that have the lowest risk.

AUDNZD, forex analysis

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The best trade opportunities for the rest of the week

candlesticks

Hey traders, how is your trading going so far this week?

I’ve got to admit that the market has been difficult to trade in the last couple of weeks… mostly because most of the currency pairs have been trading in a very tight range.

And not in a well defined range (those that are easy to trade) but in a range without clear S&R level, no clear swings, etc.

That’s the reason I’ve been very cautious about the market, and havent placed too many trades in the last few weeks.

Plus, the out-of-date NFP report released yesterday, the “invisible” announcement that hit the market a few hours ago (did you know what happened there by the way?)…

Ufff…

It’s funny though… because some of the currency pairs that I wasnt watching at the beginning of the week are the ones where I’m currently looking for trade opportunities…

AUDCHF, EURUSD, forex analysis, nzdusd

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