It's a good day when you're up 60+ pips and profits are locked in.

Cable Update (GBPUSD)

More attention to UC due to tomorrows news. I think that this pair can be shorted with tomorrows CPI and US home sales data. Why is USD bearish: In the economic cycle, the US seems to be in the contraction phase, going down. Why is CAD bullish: The ...

USD/CAD

I look for a buy opportunity in EURUSD when NY opens. How come? It has to do with the stage of the US business cycle we are in. We all know that the US is the world's leading currency and therefore plays a big role in EURUSD. I attached two ...

EURUSD only

entered at 1.34137, exited at 1.34380.

USD/CAD

Due to the development of today's CPI data, the phase of the US in the business cycle is in and market expectations, this was a good trade. Easy money.

USD/JPY Discussion

It's good to see that traders observed EUR/CAD. I traded this pair and shorted it with a 100+ pips gain. There is a reason why I took this trade. And it has to do with the business cycle. Since this approach is new to me and I'm testing it out, I'd ...

EUR/CAD

I'd like to see a lower high in that high volume area on H1/H4 timeframe.

Cable Update (GBPUSD)

Next week should be bullish, after price touched 1.31. CAD's PMI data show that the economy is shrinking giving no room for inflation. Also, PMI data predict GDP data and knowing that there will be less inflation, we are in the red quadrant. ...

USD/CAD

More fundamentals, less indicators.

How did you find success?

About UK's CPI data on Wednesday: Probabilities favor a short trade for the upcoming main event in next week. Let me explain. #1: Manufacturing PMI data predict GDP and when GDP is low as it is this month then inflation is low, too. #3: Cable's 10Y ...

Cable Update (GBPUSD)

Because of the drop of US Manufacturing PMI data from 52 to 50.4 from October until November, we'll see a drop in Crude oil from November until December. Edit: In other words: WTI lags PMI data. It seems that that drop in WTI unfolds now on daily ...

WTI Crude Oil Trading

This month I stay in my short trade. One fundamental reason is that UK's GDP m/m weakened and M3 money supply increased. Another important reason is the interest rate differential which gave good fundamental direction to trade in the past. Strong ...

Cable Update (GBPUSD)

I'm up 78 pips in my short trade for a short time frame. One cannot neglect the power of monthly 10Y interest rate differentials. Is anyone else short?

Cable Update (GBPUSD)

+45 pips profit. Only look for shorts because of the monthly 10Y interest rate differential in GBP/USD.

Cable Update (GBPUSD)

"An investment in knowledge pays the best interest." (Benjamin Franklin) And: Discipline

What have you learned?

Yes, I'm long on daily timeframe for a short-term opportunity. Monthly 10Y interest rate differentials are up and of the GBP/xxx pairs I like GBP/CAD the most because of a drop in Canadian building permits and terms of trade. At 1.54861 is ...

GBPCAD

GBP/JPY: I'm up 170 pips since yesterday. Took that trade on H1 because green line created a reversal near the blue line (hook) and that happened near the weekly support. after that entered when green and red crossed over. there's another reason why ...

Trading Made Simple

EU is going down again since 2am CET.

EURUSD only

Sold EU 3 hours ago based on today's catalyst from China. Came a bit late to the bear party, but better late than never. Resulted in a 47 Pips strong gain.

EURUSD only

Latest monthly PMI data show that Europe's economy is shrinking, while US economy is not only growing, it grows more compared to last month. Also 2.5 hours ago FF published bad news from China. So we're clearly risk-off, short EURUSD today. This is ...

EURUSD only