Ranges Stay Tight

The FX markets (majors) remain in tight ranges. We started off the week searching out trend, but we really didn’t expect much to come off a Monday. As we prepare for the second day of the week, we realize that this long summer is nearing its close, and that the markets will have to find direction before long. Trading Forex successfully

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Week Comes to Slow End

Traders, we’ve been watching these levels hold on these very strange ranges. EURUSD is in a 500 pip range in what has to be the most fundamentally volatile month since 2008. We’re still trying to gauge market direction, and for that reason we’ve been very cautious. Trading Forex is not just about breakouts and fibs, it has plenty to do with

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USDCAD Continues to Run

Traders, we headed into London with the understanding that this tight range in the EURUSD has to break, and that trading Forex in these conditions is essentially a challenge due to one simple fact: this range is going to break, and when it does, it may be violent. Here’s that Premium post: Reasons for Consideration: With the EURUSD stuck in this triangle,

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EURUSD Bottles

Traders, we’ve been sitting on this EURUSD pair for a bit, and really haven’t talked too much about it. Sometimes Forex trading is simply a study in patience. And since today has been quiet for us (two nice fades off the M15 at both opens) we’re going to dissect this one a bit. EURUSD Daily Suggests Bottling: Those of you experienced in

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A Win and a Loss

Traders, we ended the week’s trading with a win and a loss during the sessions today. Instead of focusing on the win, we’ll examine the loss. Trading Outlook Heading into London: Reasons for Consideration: Again USDCAD suggests a temporary bottom may have been formed, and that an eye on new recent highs beyond the .03s may be in the cards.

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