Random Acts of Forex

Forex Trading Blog and Forex Analysis

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Latest Content

Here are a couple random scalps I took on the 15 minute candles when prices became overbought and oversold. USD/CHF bought on the break, targeting a 25 pip move as shown by the higher trend line. The Gold position already broke and hit my profit target..
CAD/CHF long? - 115 days ago
I am really liking the consolidation on this pair right at the 50% channel area. I am watching for a bounce and a break above the short term resistance to run back up to the top resistance channel. If the pair doesn't break by morning I will tighten..
I have been asked when is the best time to trade in the forex market. That is similar to asking when is the best time to exercise. Some people like to exercise in the morning and watch the sun rise, others like to go to the gym during the best meat...
Boy that looks swollen - 134 days ago
The CAD/CHF has run from 92.75 up to 1.0050 in the past 3 weeks. The price looks very extended. The question is when is it coming back down and how far. If price breaks and closes (daily candle) below 1.0000 again, this is the confirmation to a short...
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