GBP/JPY session crossover trap revealed!
It’s back to the GBP/JPY as the London forex session gets into full swing and as expected the GBP/JPY reversed strongly after the session crossover, […]
forex currency trading system
Usual traps at the open of the London forex markets
The crossover from one session to another is a classic time for the market makers who look for every opportunity to trap traders into weak […]
Sentiment change signaled on the AUD/JPY
Volume price analysis is a universal methodology that can be applied to all markets, whether spot, cash or futures, a fact often overlooked by many […]
Wyckoff forex part 3 – London forex session
Moving back to MT5 and focus is on the GBP/JPY and in particular using the renko charts on MT5 with the Quantum Trading tools and […]
Wyckoff forex part two – London forex session this morning
One of the key currency pairs when considering sentiment is to focus on the AUD/JPY and over the last couple of days we have seen […]
Reversal opportunities on the daily currency strength indicator on MT5
We don’t always have to focus on the faster time frames for forex trading, and here we take a look at the daily timeframe for […]
Volume signals the reversal in the USD/JPY
The USD/JPY is another currency pair which has been trading in a tight range for an extended period and here we have moved to the […]
Pound, Aussie and the Euro all in focus in the London Forex session
Three currencies in focus in the London forex trading session, and as European markets opened it was the overnight news from China and Australia which […]
Where next for leading currencies?
Once again it’s time to check out the four primary currencies on the daily timeframes for the Japanese yen, the US dollar, the single currency […]
After the fireworks of the FOMC, the currency strength indicator reveals all!
After the fireworks of the FOMC meeting and interest rate decision the previous day, it was no surprise to see markets absorbing the news and […]
Aussie in focus in the London forex session – don’t just read the headline numbers!
The focus in the London forex session was on the Aussie dollar following the overnight employment data, an interesting release which superficially appeared weak, yet […]
Faster timeframes and renko charts to find the opportunities in quiet markets
The US forex session was muted much as for the London forex session with the US on holiday and celebrating the 4th of July. IN […]
Aussie dollar continues to remain bearish
The Aussie dollar has continued its stately progress lower helped along by comments from the RBA, as interest rates remain on hold as expected. And […]
NZD/USD gives us some technical and fundamental lessons
The daily chart for the NZDUSD has thrown up some interesting lessons for forex traders in the past few days, and well worth some analysis. […]
Bullish momentum continues for the EUR/USD
Euro bears are once again licking their wounds, desperately covering their short positions as the EUR/USD bounces back and looking to re-test the 1.3250 price area, […]
The yen index is now poised at key resistance level
Unlike the USD index, the Yen index is delicately poised below a key area of price resistance in the 7780 region, which has now been […]
USD index reverses on weekly doji candle
As we come to the end of another trading week, I just want to return to the USD index, following my post earlier this week […]
Bullish momentum returns for the USD/JPY
The dollar yen staged yet another of its notorious and acute corrections against the background of the usual media reaction, suggesting that the pair was […]