Daily Forex price action analysis – 2015-10-27

USD/JPY is currently stuck on the 120.45 support area, and it is showing signs of indecision. The candle wont close for over five hours on the 8hr and 12hr charts, so anything can happen. However, I am keeping a very close eye on the pair as there is potential for a trade.

Not much is happening on my other pairs so far. Check out the full analysis below.

How to use this price action analysis
If you are new to price action trading, Continue Reading  »

Daily Forex price action analysis – 2015-10-21

The potential USD/CHF trade I shared in yesterdays analysis ended up triggering and hitting its first target. In todays analysis I discuss yesterdays trade and do my normal analysis on other pairs.

If you entered yesterdays trade, please leave a comment below and let me know how you did!

How to use this price action analysis
If you are new to price action trading, have a look at my Forex trading strategy.

You can also browse through the countless hours of price action webinar recordings here. Continue Reading  »

Daily Forex price action analysis – 2015-10-20

There is a pretty nice trade setup forming on USD/CHF. The indecision candle has not closed yet, so the setup is not complete. However, if indecision closes similar to what it looks like in the video, I will probably set an entry at around 0.9522.

EDIT: First target hit on the USD/CHF long trade.

How to use this price action analysis
If you are new to price action trading, have a look at my Forex trading strategy. Continue Reading  »

Daily Forex price action analysis – 2015-10-15

Looks like today’s analysis was a little on the late side. The GBP/USD trade I talk about at the start of the analysis triggered at the end of the analysis, so I had to cut the analysis short in order to enter the trade.

How to use this price action analysis
If you are new to price action trading, have a look at my Forex trading strategy.

You can also browse through the countless hours of price action webinar recordings here. Continue Reading  »

Daily Forex price action analysis – 2015-10-14

There isn’t much going on today. EUR/USD and USD/CHF are both approaching areas of support and resistance, so we might see indecision form. Other than that, things are pretty quiet. Watch the video below for the full analysis.

Sorry about the low video quality. I messed up a setting, tomorrows will look much crisper.

How to use this price action analysis
If you are new to price action trading, have a look at my Forex trading strategy. Continue Reading  »

Forex price action analysis – September 21st 2015

Sorry about the lack of analysis, I have had a busy few weeks and have not been able to do the analysis as regularly as I would like.

How to use this price action analysis
If you are new to price action trading, have a look at my Forex trading strategy.

You can also browse through the countless hours of price action webinar recordings here.

Key Support & Resistance Areas This Week
EUR/USD: My key resistance areas are the 1.1310 and the 1.1420. Continue Reading  »

Forex price action analysis – August 18th 2015

How to use this price action analysis
If you are new to price action trading, have a look at my Forex trading strategy.

You can also browse through the countless hours of price action webinar recordings here.

Key Support & Resistance Areas This Week
EUR/USD: EUR/USD has been a little messy over the last few weeks. I have been avoiding this pair on and off for several weeks now. This week I will be trading it, Continue Reading  »

Forex price action analysis – August 4th 2015

How to use this price action analysis
If you are new to price action trading, have a look at my Forex trading strategy.

You can also browse through the countless hours of price action webinar recordings here.

Key Support & Resistance Areas This Week
EUR/USD: A trade triggered a few hours ago from the 1.0945 support area. I was still half asleep when it triggered and I felt that entering a trade while not fully alert was a bad idea. Continue Reading  »

Forex price action analysis – July 21st 2015

How to use this price action analysis
If you are new to price action trading, have a look at my Forex trading strategy.

You can also browse through the countless hours of price action webinar recordings here.

Key Support & Resistance Areas This Week
EUR/USD: I am going to start trading the Euro again this week. I will be trading with extreme caution though. My key resistance areas for EUR/USD are still 1.1005, Continue Reading  »

Forex price action analysis – July 14th 2015

How to use this price action analysis
If you are new to price action trading, have a look at my Forex trading strategy.

You can also browse through the countless hours of price action webinar recordings here.

Key Support & Resistance Areas This Week
EUR/USD: Again, I am going to stay away from the Euro this week. My risk assessments tell me that it is simply not worth trading Euro with the Greek crisis looming overhead. Continue Reading  »

I will be taking part in “Trader Meet Up” this year

Trader Meet is hosting a cool online event for Forex traders. They have asked me to post the information below about the event. I will have my own “virtual booth” there, so I hope to see you there!

The information below is from the Trader Meet Up team:

Trader Meet Up is a leader in virtual expos that’s known for connecting traders and brokers; and in July, they plan to do just that! Continue Reading  »

No Analysis This Week

I was planning on releasing my weekly analysis yesterday but I couldn’t really find much to say about the market. There have been some trades to take here and there but as an ultra cautious trader, I skipped them.

It seems like it was the right decision. Advanced course members haven’t done too well on the few trades they took.

Why?

European mess plus NFP equals uncertainty
Well, this week started messy and it has not got much better. Continue Reading  »

Twitter Time – I will be posting to Twitter, add me!

I’m going to start tweeting
I am not much of a social networking guy. I check my Facebook once per month, I rarely tweet aside from auto-tweets sent when I make a blog post. I never really got the point of social networking phenomenon…

… But, I had to catch up with the times. It’s not like social networking is going away.

I mean, Twitter is really popular among traders, and Facebook is popular with what, Continue Reading  »

Forex price action analysis – June 16th 2015

How to use this price action analysis
If you are new to price action trading, have a look at my Forex trading strategy.

You can also browse through the countless hours of price action webinar recordings here.

Key Support & Resistance Areas This Week
EUR/USD: I am not trading Euro pairs this week. There is too much drama with Greece at the moment. I do not like trading with unexpected, high impact news, Continue Reading  »

Forex price action analysis – June 10th 2015

How to use this price action analysis
The levels below are support and resistance area, I use these areas to trade reversals, if the appropriate set up forms. If you are new to price action trading, and to my strategy, you should check out my guide to my free price action strategy.

Key Support & Resistance Areas This Week
EUR/USD: I am not trading EUR pairs at the moment. Me and other forum members have been burnt several times in the last fortnight. Continue Reading  »

Trading my Price Action strategy on past data webinar

Watch me trade my strategy on GBP/USD
Yesterday I held one of the most enjoyable webinars I have ever done. For the first time in a long time, I was nervous trading…

… I was trading my strategy live, in front of several hundred people.

I was trading on past data, but it was forward trading, and it was very nerve wracking. I trade alone every week, and I am never nervous, it is just routine; Continue Reading  »

Forex price action analysis – May 27th 2015

Before I start with today’s analysis, I wanted to remind you about tomorrows webinar.

You can register for the webinar here.

How to use this analysis
Unless you have used my price action strategy before, you should not use these support and resistance areas. If you want to know more about how I trade, check out my free price action strategy.

So, let’s get started with today’s analysis.

Key Support & Continue Reading  »

Forex price action analysis – May 19th 2015

It has been a little while since I shared my analysis. The last few weeks have been busy, I was away on holiday in Belgium for a while, and I did not get a chance to post analysis. I am back now, and I won’t be on holiday again for a few months.

Before I start with today’s analysis, I want to make an important announcement…

… On Thursday the 28th of May, I will be holding a free one hour long webinar. Continue Reading  »

Forex price action analysis – April 21st 2015

I took a bit of a break again last week, this time it was for my birthday. April tends to be a busy month for me so I do not get much trading done. However, I am back for two weeks before I set off to Belgium in early May.

So, let’s dig in to this weeks analysis and see what has changed.

Key Support & Resistance Areas This Week
GBP/AUD: GBP/AUD just keeps on giving us great trades. Continue Reading  »