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Category Archives for Free Forex Trade Setups

USDJPY Attempting to Reclaim Lost Ground

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USDJPY 4 hour forex chart

Want more price action setups? Join our Exclusive Member’s Community We start today’s commentary with USDJPY, a pair I last traded in early February. Let me start by saying that this is a pure bullish momentum play. Here’s why… The pair was recently rejected by the 120 area, falling back more than 200 pips in three days. However […]

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EURJPY Shorts Favored Below 134.67

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EURJPY 4 hour forex chart

We start today with a setup that was covered over the weekend – EURJPY. The pair pushed through a major level today at 134.67, giving us reason to look lower. Let me start by saying that this pair, like all Euro pairs, could see significant volatility on any news or rumors surrounding the drama in Greece. […]

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Weekly Forex Forecast (February 16 – 20, 2015)

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GBPUSD 4 hour forex chart

Want more price action setups? Join our Exclusive Member’s Community We’ll start the weekend forecast with a pair that was mentioned late last week in GBPUSD. I feel this pair has the most potential from a technical perspective going into the new week. But first I do want to mention that a lot of markets appear to be […]

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GBPUSD Breaks Six-Month Resistance Level

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GBPUSD daily forex chart

Want more price action setups? Join our Exclusive Member’s Community First up today is GBPUSD. If you follow me on Twitter you’ve probably already seen this chart, but it’s so nice that I had to post it again. As we all know, this pair has been severely depressed over the past seven months, falling more than 2,000 pips […]

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GBPNZD Wedge in Focus – Bullish Above 2.0680

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GBPNZD 4 hour forex chart

Want more price action setups? Join our Exclusive Member’s Community As we move into tomorrow’s BoE report, I want to take a look at a potential setup on GBPNZD. Just know that the report, which is scheduled for 15:30 GMT, is likely to produce increased volatility in all GBP pairs, so plan accordingly. That said, I really like […]

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