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Weekly Forex Watchlist

Understanding Price Action

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Latest News On The Vagabond Trader

WEEKLY FOREX WATCH LIST -MAY 28TH 2017

Given that we are close to the end of the month I will be keeping my watch list lite. Further more I don't see a lot of setups on the daily time frame. However I have been following a few setup thats been in the works on the Weekly and Monthly time frame. I

Watch list Update – EURGBP | Head & Shoulders Pattern

This is an update to the EURGBP  Head and Shoulders setup that I had pointed out in the  previous Weekly Forex Watch list post.The chart below is what i had posted in my last post. I was looking for price action to break above the neck line of the Head and Shoulders pattern and

FOREX WEEKLY WATCH – MAY 15TH 2017

This week I only have one new pair that i’m interested in adding to my watch list. However i’m currently holding positions of EURJPY and GBPCAD.The new trade opportunity for our watch  is a short setup on NZDJPY forex pair Ideally for me this trade should trigger early this week and should come with strength

Forex Weekly Watch List – May 8th 2017

First on the list is GBPCAD . We are SHORT bias on this Forex pair.As you can see on the first image below,Weekly price action has tested the 200ema with high test (Inverse Hammer) candle. Friday daily closed was a high test which further supports our BEARISH Bias Following the break of 1.76

Trade Update : CADCHF

            Following a free fall to the downside the pair CADCHF has been slowly retracing back up to the 0.75500 zone.  This area has played a key role in the recent past for this Forex pair. If you look to the left you will see that this zone has acted as both Support and Resistance over

Understanding price action and how price swings

Today I want to use a trade that I just entered as an example to show you how I study price action and how I use price swings to get better entry level. Take a look at the USDCAD chart above. On this daily time frame chart you can see that in early 2016, USDCAD

My watchlist – Week of Oct 16

Ello ello,Hope you all had a well rested weekend.  Below are the Forex pairs that are on my watch listNZDJPY Bias - LONG On the daily chart price tested the upper trend line of the channel and 50 ema. However if you look at 73.00 zone it has been acting as good support and if fact