Forex Education | Forex Online Courses | Forex Trading & Signals, Ichimoku Training -Forex Trading Systems

Forex Trade Signal – Chart of the Day Sept. 2nd

USDCAD – Potential Kumo Break and More After double topping and taking a few stabs at the 1.0675 level, the USDCAD has fallen for a second time and is testing a critical level now which is the 1.0450-80 range. Why is this so important? Two main reasons with 3 trading opportunities. 1) It is basically where the [...]

Forex Trade Setup – Chart of the Week Aug. 31st

USDCAD – Critical Range about to be Broken? For over 3 mos, the USDCAD has been stuck between 1.0125 and 1.0850, but most of that was hemmed in by 1.0675 which happens to be the level its being pinned up against now. Rarely has the pair attacked these levels which such vigor as of late and [...]

Forex Ichimoku Report – Aug . 31st

EURUSD – A weak cross but below the 3 After climbing for 8 out of 9 weeks, the EURUSD got slammed but then took a pause underneath the Tenkan – which ironically has just posted an upward cross. This really creates a cross situation, whereby the TKx move up and sharpness of the Tenkan angle suggests [...]

Forex Trade Setups – Chart of the Week Aug. 17th

USDCHF – Sub 1.0400 offers a little play After 7 attempts, the Swissie has failed to close below 1.0371. Several rejections below but nothing closing past. This gives trades a cautious buy off the lows just sub 1.0400 with tight stops below the yearly low while taking half of the position off the board at the [...]

Forex Ichimoku Report – August 17th

EURUSD – 1st in Seven Suffering its 1st weekly loss (and a large one at that) in 7 weeks, the pair shed 5 1/2 cents in a week which is its 3rd largest weekly loss for the year. In one fell swoop, the pair broke below the 20ema, the Kijun and landed atop the Tenkan. Here [...]

Forex Trade Signal – Chart of the Day Aug. 12th

USDJPY – Is this 85 bounce for real? A lot of talk about 85 has hit the wires for the USDJPY lately. Just the mere rumors of it by the BOJ have sparked a solid bounce. The pair has touched the 85 barrier 3x in the last 3 days but the first two bounces were small. [...]

Forex Trade Signal – Chart of the Week Aug 11th

GBPUSD – About to break? After two months above and 8 touches off the 20ema, the pair looks poised to break the 20ema for the first time this summer. It is heading into the 20ema with its strongest 3-day decline since the middle of May and is coming off its most aggressive selling day since. Although the [...]

Forex Ichimoku Report – Aug. 10th

(We are back from vacation so this is the first post for the week) EURUSD – 6 Straight Yep, that’s correct – the EURUSD has posted 6 straight weekly upcloses. Impressive – something it has not done since late 2008! The pair has already taken out the 38.2% fib of the 09′ highs to 10′ lows at [...]

Forex Trade Signal – Trade Setup July 29th

USDJPY – 4x so far As suspected, the pair ran into the 20ema on the daily charts and sold off aggressively for 2 days following. This confirms the institutions are watching this and making plays off of it. With liquidity being down for the summer, its not surprising it is having a hard time breaking it. Traders [...]

Forex Ichimoku Report July 28th

*NOTE – This is a mid-week report so we will be using only daily charts. EURUSD – Looking Like it Wants to Since breaking the daily kumo for the first time in the last 8 mos and the entire year of 2010, the EURUSD has performed notably consistent with a kumo break play as it has pulled [...]