trading

We’re seeing a lot of heavy-hitter investors switching to cash, and at the center of this sentiment shift is JPY. Let’s explore JPY and carry trading for insights into trading the markets in the coming weeks. What is carry trading? Carry trading is when traders borrow money in a currency with...

Today in forex trading the USD was weak after the Federal Reserve statement today. Pairs moved very fast and are continuing higher now. The AUD/USD and NZD/USD moved up fast, but these pairs are inside a lot of resistance levels. The EUR/USD and GBP/USD also moved up, these two pairs are in...

This strategy is applied between 7:00 AM and 1:00 PM, and between 3:45 PM and 6:00 PM. It’s called TMT Istanbul. When the right conditions are met, I receive a notification, open my screen, and if the correct setups are in place, I execute trades. I will try to share my trades in real-time on...

Today in forex trading the AUD was strong, causing some good short term movements in the main session. The AUD/CHF and AUD/JPY both moved higher, and the EUR/AUD dropped. We would scale out lots or exit all trades as the AUD trends are not fully formed or targets are hard to see. Gold was strong...

Forexearlywarning has added a gold trading system to our trading system for 28 forex pairs. Our live heatmap indicator now has gold plus the normal 28 forex pairs and 8 currencies. We believe this is the best gold trading system available. There are many gold traders worldwide but no clear...

On Monday, the ISM Services PMI is particularly important since the services sector accounts for 70% of the US GDP. A significant miss in this data could signal dollar weakness and increase the likelihood of interest rate cuts. Additionally, the RBA interest rate decision is crucial, especially...

Today in forex trading the JPY was strong and all JPY pairs had strong sell offs. Some pairs like the GBP/JPY and CAD/JPY should continue dropping, most of the other JPY pairs we would be scaling out lots at the current levels as they are hitting support levels. Overall JPY strength should...

Today in forex trading the AUD was weak. The AUD/USD dropped on the H4 time frame. This pair is at support levels so we would exit any sells. The GBP/AUD also rose on the H4 time frame. This pair is inside many resistance points so we would exit any buys again. Overall market had good volatility...

Today in forex trading the JPY was strong and the CHF was strong, producing good price movement. The USD/JPY dropped on the D1 time frame. Exact target is not visible, scale out lots on any sells. The AUD/JPY also dropped on the D1 trend. Next major support is around 104.25 on this pair. The...

Click here to learn more about Financial Source. This week presents several high-probability opportunities that I’m closely monitoring. Here are the four main events to watch: 1. Canadian CPI (Tuesday) The Canadian CPI print is the main event for me. The Bank of Canada has expressed concern...

Today in forex trading the GBP was strong, causing good price movement in the main session. The GBP/JPY moved higher and broke into the strong uptrend, we see no nearby resistance. The GBP/NZD moved up starting in the Asian session and continued into the main session. Scale out lots or close out...

The Forex Heatmap® is a live, server-based indicator that provides trade entry signals for 28 pairs and 7 gold pairs. This live signal system, along with our trend-based trading plans and Telegram mobile notification app is available from Forexearlywarning.com. The heatmap signals are easy to...

The daily chart shows a reversal pattern since July 3 after the price reached a high of 0.90497. The price then rolled down and drew a bearish candlestick before finally falling near the middle band line. The middle band line is often a price consolidation zone, a break from the upper side...

To learn more about Financial Source, click here. We start the week with the Eurozone on Tuesday, where inflation data could play a significant role. Given the ongoing French elections, any result that falls below market expectations could put downward pressure on the euro, offering a prime...

Today in forex trading the market was quiet and consolidating in the main session. Very little movement at all on the 8 currencies. Gold was strong and volatile in the main session and had strong intraday movements across most cross currencies. These live currency trading signals, Telegram...

Click here to learn more about Financial Source Starting Tuesday, we're watching the Canadian CPI print closely. The Bank of Canada's recent minutes suggested hesitation about the last rate cut, hinting they might delay further cuts. This makes the upcoming inflation data crucial...

This week we're looking at a few key opportunities in the markets, starting with Tuesday's German economic sentiment. We're particularly interested in the ZEW data to gauge any shifts in sentiment that might affect the Euro, especially considering the recent political climate in Europe. While...

Today after the news the USD was weak across the board. The EUR/USD moved higher after the news on the small time frames. This pair is inside of a range up to the 1.0895 area resistance, scale out lots and exit as it approaches this price. The USD/JPY dropped on the small time frames. This pair...

Last week, we honed in on the ECB rate decision. Anticipating a rate cut coupled with raised inflation and growth forecasts, we expected less likelihood of further rate cuts this year, setting the stage for potential Euro strength. Indeed, the ECB delivered just that, revising up their...

Today in forex trading the JPY was strong and the JPY pairs sold off. We cannot see any D1 downtrends forming yet, so scale out most lots on any sells. Some of these pairs have more potential gf the D1 downtrends form. We will re-assess these pairs again in the next set of plans. These live...