USDSEK

Weekly Forex Outlook: October 21

👋 What’s up crew? We finished another week of trading. As always, I’m curious to know how your week went? I only took a few trades but unfortunately, none of them were listed in the weekly outlook. Many of the setups that looked interesting only developed after a few days or were part of my private watchlist.

 

We’ll have a look at one of the trades I took (a NZDUSD 1H short) in a moment. No trade review for this week since unfortunately, none of the setups of my outlook triggered! A few of them were based on the premise that the euro would go down and that didn’t happen. No trades triggered but also no losses were taken, so no worries!

 

 

 

Tokyo Forex Traders Meetup

 

Just a quick note: I’ve recently started the Tokyo Forex Traders Meetup. As some of you may know, I’ve been living in Tokyo for a while now. While I don’t intend to stop travelling, I like Tokyo so much that I have decided to make Tokyo my “home base”.

 

From that point of view and because I like to connect with traders, I have just started a meetup group for forex traders in Tokyo. The idea is to get together once a month, have a drink (or two) and just talk about trading. Very informal, just some traders connecting with each other and discussing what can otherwise be a pretty lonely profession 

 

We have our first meetup on November 7 (that’s a Tuesday evening) in a central Tokyo location (probably a spacious café or similar). If you’re living in Tokyo and would like to chat with other traders over a drink, have a look at the meetup page. If you know a trader living in Tokyo, don’t hesitate to forward the meetup page to them as well!
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EURCHF

Weekly Forex Outlook: October 16

Hi traders! 👊 Another week, another weekly outlook! How was the past trading week for everyone? This week, my outlook is published a bit later since I had a birthday weekend, which I spent relaxing in an onsen (a Japanese hot spring). But I’m back for the new week, so let’s get started!

 


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XAUUSD

Weekly Forex Outlook: October 8

Aaand we’re back again with the weekly outlook! How’s the trading week been for everyone? This was an interesting week with some good opportunities in the markets. Some pairs showed us really nice moves, while other pairs were mostly in waiting mode (or rather, NFP anticipation mode). Overall, there were some nice trades to be had and I have a feeling that for reversal traders, the past couple of weeks were pretty good!

 

I have a request to my regular readers: aside from the weekly outlooks, what are the things you’d want to know more about? Or in other words, what kind of topics do you want me to write about on this site? I’d love to know the things you are struggling with so if I can help you in any way, let me know!

 

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USDCAD

Weekly Forex Outlook: October 1

Good morning, traders! 👋 It’s the weekend again so after an interesting week, I’m back writing my weekly outlook! How was your trading week? Please let me know in the comments! Again, this was a good week for reversal traders and there were plenty of pips to be made by following my outlook.

 

We got some excellent market moves in the beginning of the week and a bit more mixed action in the second part of the week. As you’ll see, every 4 setups of last week’s outlook materialised in some way and I’d like to go over them right now.

 

Out for a walk in the afternoon, I ❤️ daily life in Tokyo! 🇯🇵 One of the benefits of being a trader is having the freedom to create the life you want. Not being stuck in that 9-5 routine. But the truth is that it takes hard work and yes, you won’t like to do some of that work! Initial motivation only gets you so far, you need grit and persistence to keep going. It will take time but eventually, it’ll pay off. Remember: Most people overestimate what they can do in one year and underestimate what they can do in ten years. ✌️🙏🇯🇵 . . . . . . . . . . #trading #forextrading #forex #forextrader #fxtrading #fxtrader #tradingforex #forexlifestyle #igdaily #lifestyle #currencytrading #forexsignals #smartforex #trader #tradinglife #dailymotivation #money #winning #success #hustle #finance #grind #instadaily #japan #tokyo #wanderlust #travel #globetrotter #stocks #digitalnomad

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AUDUSD forex setup

Weekly Forex Outlook: September 24

Yo, crew! ✌️ How has your trading week been? This week was again pretty good for reversal traders, with many setups going through! A few of the setups of my last week’s outlook did also materialise, so we’ll go over them in a few moments.

 

 

The first one was AUDNZD on the daily charts. I indicated last week that there was a double top, followed by a move down. As expected, the price kept on moving downwards and even though these are not the types of movements we saw two weeks ago, it’s still a very nice development.

 

The price is approaching a smaller intermediate support level, so while I think this setup still has room to move lower, conservative traders might want to take some profits off the table already. I’m still in this trade since, with daily setups, closing trades over the weekend is not that important.

 

AUDNZD review

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AUDNZD

Weekly Forex Outlook: September 16

Well, what a week this was for reversal traders! There were so many nice setups, plenty of sustained moves and much pips to be had in the past week. September is usually characterised by good trading action and this month is no different. We will go over some of the setups from the outlook of last week and see how they did.

 


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XAUUSD

Weekly Forex Outlook: August 6

Happy Sunday! How was your trading week? This week flew past and there were definitely some interesting opportunities in the markets! We’ll review one of these in a moment, a 1H short I took on NZDCHF. This was actually one of the setups in this week’s outlook, so hopefully, you could benefit from it as well! We also had an NFP release which largely surprised on the positive side. This was a welcome change for a dollar that has recently been selling off against all major currencies.

 

I’m temporarily getting settled in Ghent right now, where I’ll be spending some time working and trading for the month of August. After that, it’s back to Japan for me (I can’t do without the food!). The nice thing about being a trader is that I can work pretty much everywhere. Some music, a good coffee and my charts are all I need!

 

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XAUAUD forex

Weekly Forex Outlook: July 31

Hi there, traders! How has your trading been last week? You might’ve noticed that for the past weeks, I took some time off. Partially because I’ve travelled back to Belgium but also as a sort of summer holiday, to make the most of meeting up with my friends in Japan. But now I’m back! This will be a shorter outlook as I won’t include trade reviews this time, but of course, we’ll have a look at the best setups for this week!

 

 

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GBPNZD

Weekly Forex Outlook: July 15

What’s up crew? Another week has passed and we had some big movers! I’ve been a bit quieter this week since I’m working on refining one of the strategies I trade. This means a lot of programming, a lot of Excel and just general data crunching and testing. It’s relatively boring work and takes a long time, but it’s exactly this kind of work that pays off in the end.

 

For reversal trading, we had a couple of beautiful trading opportunities. A couple of nice examples are a CHFJPY 4H short after a break of the trendline and a short reversal on USDJPY 4H (see the chart shot below). At the same time, a lot of setups seemed to be at the edge of reversing but then continued. Many market moves were driven by a couple of bigger news events. We’ll go over a few of the big themes that drove the markets in a moment.

 

USDJPY review

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EURNZD

Weekly Forex Outlook: June 24

Hi traders, good morning and good weekend! How was your trading week? For me, the past week was relatively uneventful and with many setups lacking a bit of follow through. Most of the setup in last week’s outlook didn’t materialise, which means that I didn’t take any position in them. Instead, there were a couple of other opportunities that came along as the week went by, still good for some nice trades. We’ll go over one of them in a moment.

 

On a personal note: I decided to extend my stay in Tokyo for another month as I’m having a great time here. The Japanese culture and big city life agrees with me! It reminds me of my time in London. By the way: did I already tell you how crazy good the sushi is around here? 😉

 

 
Some interesting events were crude oil selling off, regardless of better than expected oil inventory data and the recent developments with the UK starting the Brexit negotiations. Not too much has happened otherwise, so let’s not linger too long and have a look at the big picture, before diving into the outlook for next week.

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