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Category Archives for Free Forex Trade Setups

GBPAUD Remains Bullish Above 1.9309

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GBPAUD daily forex chart

Want more price action setups? Join our Exclusive Member’s Community Hope everyone was able to get in on the AUDJPY short that was released as part of yesterday’s commentary. The pair finished the day 125 pips below the 93.0 level with more downside potential in store. Today we’re going to start with GBPAUD. The pair has gained more […]

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AUDJPY Shorts Favored Below 93.0

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AUDJPY weekly forex chart

Want more price action setups? Join our Exclusive Member’s Community I hope everyone came out unscathed after yesterday’s back to back event risk in the form of FOMC and RBNZ. The GBPNZD trade setup that we covered on January 26th certainly benefited from both events, rallying 430 pips on the day. Moving on to today’s setup. This is […]

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AUDCAD Potential Head and Shoulders Forming

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AUDCAD head and shoulders on 4 hour forex chart

Want more price action setups? Join our Exclusive Member’s Community Before we get into today’s commentary, I want to point out that tomorrow is FOMC day, so be sure to take that into consideration when evaluating trade setups. In fact I don’t advise taking on any additional risk between now and tomorrow’s New York close. First up today […]

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GBPNZD Bulls in Control Above Former Channel Resistance

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GBPNZD bullish breakout from daily forex chart

Want more price action setups? Join our Exclusive Member’s Community Over the weekend I mentioned to keep an eye on GBPNZD for a bullish breakout of the channel that’s been forming since October of last year. Shortly after the market opened, the pair broke channel resistance around 2.0140. The pair quickly retested this area, giving traders a chance […]

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Weekly Forex Forecast (January 26 – 30, 2015)

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GBPNZD inverse head and shoulders forex weekly chart

Want more price action setups? Join our Exclusive Member’s Community Last week gave us some big moves in the Forex market following the ECB’s decision. We’ll see if this coming week brings a similar level of volatility, which is a very possible scenario given the Greek election taking place as I type this. One of the largest and […]

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