Here is a chart of the usd chf on a weekly and it looks like its ready to break down: Read more »
Eur/Gbp: Support Area
The Eur/Gbp is testing a major support area on the daily chart. The support area has been tested 3 times in the past 2 years and if this area break we could see some major price movement. Read more »
Forex Trading Journal
I am going to start an online Forex Trading Journal that will be a public log of every trade I make. There are a couple of reasons I am going to start posting my trades here on the Winners Edge Trading blog. Read more »
What’s happening to the EuroZone?
....trading will be slow leaving this month and entering June, Since I trade primarily the EUR/JPY I thought I'd look at some news that's hitting the financial headlines this weekend.... Read more »
Eur/Usd: Divergence Setup
The Daily Eur/Usd is showing a divergence on the 14 period RSI which indicates a possible reversal. I only trade price action based on candlestick patterns and I don't use any other indicators. Read more »
The Six Best Forex Blogs
Most Forex bloggers, are not true bloggers because they are either traders and marketers so their blogs can be a bit boring with very little interaction. Read more »
3 Must Haves Before You Become A Professional Forex Trader
So you want to Trade Forex???? That is a great goal and I admire anyone that attempts to make that happen but please don't jump in without taking the necessary steps to ensure success. Here are 3 steps that you must take in order to trade forex for a living? I am listing these in order of importance. Read more »
One Piece of Forex Trading Advice
A lot of folks are looking for forex trading advice these days. So, I figured I would pass this on to the whole winnersedge community. Read more »
Usdjpy Technical Analysis and Trading Opportunities
The Yen crosses sure have been interesting to trade and watch, especially over the past few days. I find that getting a grasp of the general direction on the usdjpy will often give clues regarding upcoming trading opportunities on the other , often more interesting yen crosses. It also acts as a guide for me when they are not moving as uniformly as they often do. I know we are almost at the end of the trading week, but I have noticed an interesting technical trade setup on the usdjpy. The daily chart below shows clearly, an important juncture at which the usdjpy has arrived. This is daily trying to confirm a bearish reversal by retesting the trendline that it broke through a few days ago. If I am correct, this could be the extension leg of the move downwards Read more »
Forex Trading Updates for Usd/Chf and Aud/Usd
You can see the shooting star candle stick pattern that I mentioned last time and how the price has started a descent from that point. Read more »
