February 15, 2017 Note: the Technical Trade Set-Ups highlight price direction and likely price targets/stops designed for traders looking at trading opportunities over the next several hours. These are not official trade recommendations, merely ...

Think In Terms of Months Not Minutes Markets can offer up contradicting signals at times, but bear this in mind: USD/JPY will continue higher. Breaking well worn correlations can leave traders flat footed. USD/JPY is the poster child for this ...

No Shortage of Clues Traders, while prices in the S&P's have broken above the 2000 level, they are not gaining any meaningful traction higher. As we all know, this rally is very deliberate and lethargic and there are certainly some warning flags. ...

Survey Says.... Technical set-ups are not enough to make good trades - a robust forex trading signal requires knowing which forex pairs are best suited for large moves. Using the Forex Strength Meter below - we can get a very clear idea which pairs ...

image Note: the Intra-Day FX Forecast highlights price direction and likely price targets/stops designed for traders looking at trading opportunities over the next several hours. Here is the short-term outlook for FX - with more detailed updates ...

The Technical and Fundamental Analyst Have Dinner One evening a technical analyst and fundamental analyst are out having a nice dinner discussing the recent action in the markets. During the whole dinner discussion, the fundamental analyst keeps ...

Bartender, Another Round Please While the Federal Reserve has begun a modest tapering of their massive QE program, the same is not true for the Bank of Japan (BoJ). The trading and investment implications are mouth watering. I estimate that the BoJ ...

As forex traders, it is not enough to forecast the correct direction of prices, you also need to know which pairs will offer the best forex signals. While no approach is ever fool-proof, I have found this simple technique invaluable. By simply ...

Good morning traders and welcome to 2014 - a year that will likely have plenty on tap for traders. Before we dig in here, just remember that we might still see some quiet price action for today and tomorrow before everything gets back into full gear ...

Good morning traders, let's get right to it this AM. The Short-Term Outlook: I am still sticking with a forecast that calls for higher levels in the DXC (Dollar Index). While this forecast has not played out just yet it does not mean the forecast is ...

Traders, tomorrow's NFP data will be a bit more important than usual in my opinion. While the jobs data is always an insight into the health of the economy, tomorrow's release also coincides with what I consider to be a key level for the Dollar ...

Good morning traders, let's get right to it this AM. The Short-Term Outlook: well nobody ever said corrections were easy to forecast/trade or filled with white knuckle excitement. Looking at FX quotes upon waking up this AM and I was so tempted to ...

image Traders, here are my thoughts on USD/CHF. My goal with this video is to stress the importance of looking at related markets to make sure they are consistent with your wave counts. Video Analysis Do you have a trading question? If so, please ...

Traders, the Dollar Index (DXC), as always, is a key driver in how and when we make trading decisions. Given that EUR/USD, and to a lesser extent GBP/USD, are inversely correlated to DXC moves, if we can forecast where DXC is going - we know where ...

For all you market statistic geeks, let's consider the following. image A couple of additional points though: The S&P can, when gains exceed 20% in one year, often decline by a similar amount in the following year. However, the average gain in the ...

It has been a while in the making, but it appears that USD/JPY is poised to move higher in the days and weeks ahead. Going back to the May 2013 high, prices carved out a nasty 4th wave triangle that now appears complete back on Oct 7th. However, it ...

Good morning traders, here is a quick and simple overview of the FX market that offers the following: Likely price direction for the next 12-24 hours Key price levels that will provide support/resistance as well as profit target levelsThis will be ...

image Good morning traders. Each day the Top FX Charts highlights: The technical set-up - wave count, Fibonacci projections Likely price direction Key technical levels for stops, target & inflection pointsHowever, before those get posted each day ...

Still some downside left in AUD/USD.... AUD/USD 15-min chart image

Traders, I think it is real important to factor in the alternate count shown below (yellow highlight) if you are long or considering getting long from current levels. If Wave iii is complete at last week's highs it does not alter the bullish outlook ...