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Category Archives for Free Forex Trade Setups

GBPCAD Bullish Above 1.9100

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GBPCAD 4 hour wedge

Want more price action setups? Join our Exclusive Member’s Community From Monday’s commentary, USDCAD and GBPCAD both gave us favorable setups over the last 24 hours, breaking above wedge resistance on the 4 hour and now daily time frames. Because I’m covering two GBP pairs today, I do want to mention that we have the BoE report on […]

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USDCAD Consolidation Hints at a Move Lower

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USDCAD 4 hour forex chart

Want more price action setups? Join our Exclusive Member’s Community A relatively quiet start to the week as it seems all market participants have their eyes set on Wednesday’s Eurogroup meetings and Thursday’s BoE report. That aside, USDCAD is carving out a nice pattern to keep an eye on over the next few days. The pair has started […]

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Weekly Forex Forecast (February 9 – 13, 2015)

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EURGBP 4 hour forex chart

Want more price action setups? Join our Exclusive Member’s Community We have a lot of great setups going into the new week, which promises to be eventful given the unfolding Greek crisis as well as the BoE report on Thursday. That said, let’s jump right in… The first pair we’re going to look at is EURGBP. You may […]

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Price Action Setups in Light of Tomorrow’s NFPs

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EURGBP monthly forex chart

Seeing as how tomorrow is Friday and NFPs are scheduled for 13:30 GMT, we won’t be covering any new setups for today. Be sure to manage any open positions carefully in light of the upcoming event risk. Something tells me that tomorrow’s NFPs will be more volatile than usual given the US dollars positioning. That […]

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EURGBP Breaks From Bear Flag Pattern

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EURGBP one hour forex chart

Want more price action setups? Join our Exclusive Member’s Community EURGBP has been a long-term short play for me since the beginning of the year. In fact I’ve had at least a partial position on since January 14th when the pair broke below multi-year support. Fast forward to today and we have another great short setup coming off […]

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