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Category Archives for Free Forex Trade Setups

GBPAUD at Critical Juncture Ahead of RBA Rate Decision

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GBPAUD ascending channel on the daily time frame

Want more price action setups? Join our Exclusive Member’s Community I mentioned GBPAUD last week, noting that I was bullish about 1.9300. Although we didn’t get the entry we were looking for, the pair certainly didn’t disappoint as it now sits at 1.9600. The pair finds itself treading water at a critical area ahead of the RBA rate decision […]

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Weekly Forex Forecast (April 6 – 10, 2015)

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EURAUD break from former resistance levels

Want more price action setups? Join our Exclusive Member’s Community Making money in the Forex market is all about finding strength imbalances between currencies. In other words, pitting a stronger currency against a weaker one. We do this using a combination of simple price action strategies, trend analysis and key levels. Such an imbalance can be seen recently between the Euro and the […]

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EURNZD Inverse Head and Shoulders in Play

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EURNZD inverse head and shoulders on the 4 hour time frame

Want more price action setups? Join our Exclusive Member’s Community It goes without saying that the majority of market participants have been bearish on the Euro for some time, and for good reason. However it looks as though the Euro rally of late may still has some life left in it. Let me be clear, I’m not turning bullish on the Euro over […]

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EURGBP Shorts Favored Below .7290

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EURGBP bearish inside bar on the daily time frame

Want more price action setups? Join our Exclusive Member’s Community I have been bearish on EURGBP for quite a while. In fact I put out commentary on December 23rd of last year referencing the bearish pin bar that had formed after breaking wedge support. Then on January 14 I published commentary referencing the idea that EURGBP was likely to […]

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EURUSD Clearing the Way for a Retest of 1.0465

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EURUSD bearish engulfing pattern update

Want more price action setups? Join our Exclusive Member’s Community As a follow up to last Thursday’s commentary regarding EURUSD, the pair has now breached last week’s lows at 1.0800, closing the day at 1.0730. The initial setup last Thursday was the bearish engulfing pattern that formed on the daily chart. The candle had broken the 1.0904 key […]

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