Picking profitable trades is only one half of the equation. Learn to manage your fund to minimise risk and maximise growth.
The AUD/USD continues to consolidate in our flag, and we await a break out. With the risk trade being shunned over the last 24 hours, we might be waiting a few more days. The AUD/NZD continues to look weak, although it did gain Wednesday. The 1.29 level continues to be key. Play video >>
The EUR/CHF is absolutely terminal looking as it reaches for all-time lows yet again in Wednesday trading. The pair suggests that the 1.16 target we projected might reached quickly. The EUR/GBP rose, but then fell in late trading. Look for choppy conditions ahead. Play video >>
The GBP/USD pair fell slightly on Tuesday, but it fell from the all-important 1.65 level. Because of this, the pair could be doing one of two things: winding up to move higher, or entering back into the consolidation area that it tried to break out of. The next 24 hours could be telling. The GBP/CHF pair rose in Tuesday trading, only to fall again. The shooting star formation is very bearish, especially as it is at the ned of a down move, and at all-time lows essentially. This pair looks weak, very weak. Play video >>
The USD/CAD has failed near the 0.98 area, which also coincides with a recent downtrend line as well. This looks like a continuation of the overall downtrend. As oil breaks out, you should consider this pair a perfect reactionary instrument to use. The USD/CHF had a bullish day on Tuesday, but only barely. The massive move from Friday isn't even close to being retraced by it, showing how weak the bullish case for this pair really is. Play video >>
The EUR/CHF continues its relentless march south, and is currently sitting at all-time lows. The pair is a sell only type of situation, and rallies are a great excuse to get involved. New lows work as well. The EUR/USD chart breaks out above the 1.42 area, but there is almost certain choppiness ahead as there is simply a ton of headline risk in this pair. Play video >>
The GBP/USD made a bullish statement all week, and Friday was no exception. The pair looks set to try the 1.65 area, and if it makes it past there - is going to retest the highs. The 1.68-1.70 area is crucial, as if it gives way, the next 1,000 pips should be fairly easy. The GBP/CHF is a totally different story. The pair has been bearish for ages, and is currently making all-time lows. (Again.) We like selling rallies. Play video >>
The USD/JPY seems to be dead set on retesting the vital 80 mark. We are looking to see if we get supportive signs there, as the central banks are below. The USD/CHF continues to move lower, and is at all-time lows yet again. Selling is the only thing to do on rallies, and new lows. Play video >>
The EUR/USD continues to show how weak the underlying bulls are, however does manage to stay above the all-important 1.40 area. We are starting to form serious consolidation between 1.40 and 1.42 now, and we could be here for a while. The USD/CAD is currently retesting old support as resistance in the form of the 0.98 area. As long as the oil markets are stuck, this pair is too! Play video >>
The EUR/GBP continues to fall, and shows that the likely direction is down as long as we are under the 0.88 level. In fact, that level was somewhat retested today, only to fall again. The EUR/CHF is a study in a market that can keep going in one direction, no matter how long in the tooth you think it is. In fact, there is no sign of a slowdown in this fall. With a measured move, we are looking at 1.16 before it is all said and done possibly. Play video >>
The EUR/CHF continues to fall, making new lows and shows no real signs of turning around anytime soon. Because of this we are looking to sell rallies, sell new lows, and never buy this pair. The measured move could see us as low as 1.16 or so before it is all said or done. The EUR/GBP has broken support, and it looks like the pair has taken a decidedly bearish turn. This pair could fall again, and a break of the lows should bring in new sellers. Play video >>
Create a FREE account