Author: simon
Retail trader. I trade mostly Forex, indices and some commodities. I prefer technical analysis, but I do not forget about fundamentals.
It took me a while to be profitable and learn how to trade. I like trading, but I also like to write about it and teach other people. That is why I started this blog. If you like this content check my Instagram, Facebook page and subscribe to the newsletter.
After last week everyone is still talking about decline on swiss crosses. To be honest, I was also suprised about decicion of swiss central bank. Lets look at charts …
As I wrote before there are no buyers on eur/usd. Similar situation is with oil and gold. For me it looks like dollar got back trust. Now every good …
During last week usd/jpy broke down below support at 101.20. I look closely at this area, because just below is another important support at 100.78. For now there was …
Today was a great day on eurusd, but not so obvious at first. Let’s look at bigger picture. SP500 cut Italy’s rating and eurusd tanked – that was yesterday. …
The current situation is pretty funny after all. Day after day we have different news about situation in Cyprus. Of course right after that we have a reaction – …
Situation at Cyprus is not good for eur/usd. Downtrend is strong and bulls will have hard time to turn the situation around. In my opinion change of game will …
Markets are trending pretty nice after FED decision. In this post I do not want to make any predictions, I just want to show some good examples how you …
Lately I had some good trades on Nzd/usd pair, I was trading mainly on 1-hour chart. In that case 38.2% Fibonacci retracement was a strong resistance and price started …
Eur/usd was falling strong in last days. There were so many great setups on different time frames, but let’s look just at the few examples.
The strong selloff on eur/usd ended at 118% extension line. It looked like this might get even further, but in the end move stopped at 118%. Is it time …