New Zealand kept the Cash rate unchanged and the pair GBP/NZD dropped for a nice 500 pips. Now it is testing the april lows and price closed past that. Technically I am looking for at least another 625 pips drop lower into a more important monthly trend channel low. Before it will retrace. Hope this helps. […]
NZD Cash rate unchanged and pair GBP/NZD dropped 500 pips Read More »
At the moment the USD/JPY pair made a double bottom with RSI divergence up. Pre-Unemployment Claims news I want to be out. So took 120 pips of profit. It went down on the trend or 61.8 fib from the last bigger drop move. Hope this helps. If it does you might like my webinars.
The USD/JPY went a nice 120 pips lower Read More »
Trade Ideas bring clarity into price-action Hello traders, nice having you here! Hope you had a great trading session. Now I am here to show you levels of interest. As always I keep you updated through my blog and webinars I give. In this update I show you two pairs of interest wich have the
Trade Ideas Thursday 19 May 2016 Read More »
Fundamental Bullish USD news explained. Today late in the trading day, FED chair Yellen made clear that a Rate Hike in June 2016 is more likely to happen. This fundamental news drove the USD higher. In this case it influenced the currency pair USD/CAD. That made a nice profit of 100 pips! Technical explanation. The whole day
Yellen says Rate Hike in June 2016 Odds are improving. USD rises. 20160518 Read More »
Fundamental Dovish news explained. Today Yellen of the FED spoke and had no good news for the Rate Hike camp. Cause she just got a lot more Dovish. First there were 6 Rate Hikes in 2016.. then 2 were Left and now if we even will get 1 this year! So yes the Dollar felt to
Yellen extreme Dovish. No FED Rate Hike any time soon. USD falls. 20160329 Read More »
Fundamental news explained. Early this European midday for me at 13:45 hours, also early in the US session, the President of the ECB, Mr. Draghi came out with news about the Euro program. The Minimum Bid Rate stayed the same at 0.05%. Also the ECB’s governing council decided to expand its bond-buying purchase scheme at least until the
3 Strikes and Out with Profit! EUR/USD shoot Up on ECB news. 20151203 Read More »
Trade explained. This midday there was the Unemployment Claims news from the USA. There was strength in the markets before the news in favor for the Greenback. This pushed the EUR/USD trading pair lower. When the news passed the market returned to normal behavior. The EUR/USD arrived at some decent support level. Intraday this was a
How to take 35 Easy pips out of the EUR/USD market 20151119 Read More »
Oil market explained. Today Oil dropped below the 42 level and after that the price dropped of hard. It was because of news that OIL supplies are at record highs. The Oil reserves are likely to stay high meaning the price will stay under downward pressure until the end of the year and likely even deep into
Oil price makes Dip and is Likely to remain under pressure. 20151113 Read More »
Learn how to BANK Profits! Here I wanted to show you my trading balance of today. As you could have read already on my NFP trade on USD/JPY and on USD/CAD today, I made some profit. Not to brag, but to show you what is possible on a day like today with a good NFP
Learn how to BANK Profits! Study with TradeReact.com Read More »
Trade explained. Today I already had a nice 3 winning trades on the USD/JPY pair as you can read here. But wait there is more! I also captured profit on the USD/CAD pair today. This pair was in the morning nicely setup for an AB-CD pattern completion. It broke out of the previous range and
Massive Profit on USD/CAD with NFP. Perfect AB-CD Pattern Breakout! 20151106 Read More »
