Category Archive: 4.) Forex Live

The technicals are talking to us in the EURUSD. What are they saying?

The EURUSD is trading in a narrow trading range on the daily and the hourly chart. What does that tell us about the pair and what we can expect in trading in the new future?

Read More »

Plan your trade: A look at the key levels for the EURUSD through US employment report

The June US employment report will be released tomorrow at 8:30 AM ET. The expectations are around 180K. The unemployment rate is expected to tick up to 4.8% from 4.7%. I don’t look to go into a high risk event with a position. There are better times to trade, but after the news is known, …

Read More »

Forex trading video: EURUSD falls below 200 day MA.What next?

The EURUSD has fallen below the 200 day MA in trading today. That is nothing new if you look at recent history. The price has been trading above and below the MA line as traders ponder “Which way next” for the pair… Now yesterday the MA did hold. Today…not so lucky. In fact, the correction …

Read More »

Forex technical analysis: USDJPY finishes a fairly quiet week near 100 hour MA

The USDJPY is finishing the trading week near the 100 hour MA at 102.56. The pair spent the last two trading days mostly between the 100 hour and 200 hour MAs. Those levels will define the close range in trading in the early week. Look for the break and run.

Read More »

EURUSD ends the week on a soft note. What’s in store for next week?

The EURUSD has moved a little lower in the last few hours of trading – holding against the 200 hour MA in the process. The 50% retracement level held earlier today. So the pair has a bit of a negative bias heading into the weekend For trading next week, the pair will be looking toward … Continue...

Read More »

Stay safe in your trading before the UK referendum vote. Key levels to lean against.

he UK referendum is upon us next week. Will the UK stay “In” or will they opt “Out”. In either case, traders will be nervous. Liquidity will likely be limited. Look for extremes BEFORE the event (that means at the beginning of the week – not and hour before the event!) Lean against them. IF …

Read More »

Does this remind you of your forex trading?

Having trouble pulling the trigger in your forex trading? Do you lunge at your forex trades with no rhyme or reason? Get help! Get a coach! The Attacking Currency Trends course will smooth your trading swing out. Do you want to hit it down the middle? For more information: https://forexlive.leadpages.co/act-four/ Or email Greg Michalowski at …

Read More »

Forex Education: If risk is too high, you could always go to the beach…

…or trade other pairs The action today in the GBPUSD was beyond words. Rumors about a BREXIT poll, led into a release which was reported incorrectly. The comedy of errors highlights the unscheduled event and liquidity risk that traders face in the market. What exactly is that? What can you do or cannot do to …

Read More »

Forex technical trading: Trade the GBPUSD with caution. What levels to eye.

There are some technical levels to lean against on the extremes as the traders prepare for the Brexit vote on June 23rd. The GBPUSD will be whipped around as a result of the upcoming Brexit vote. That requires caution in your trading. Nevertheless, there are some technical levels that the market is paying attention to …

Read More »

Forex technical trading: EURUSD moves higher after Yellen. What next?

Greg Michalowski of ForexLive.com gives his technical view after Yellens speech. What next for the pair?

Read More »

ForexLive forex trading video: A technical look at the EURUSD, GBPUSD and USDJPY

Non Farm Payroll and ISM were both much weaker than expectations. As a result, the dollar tumbled as the market takes out tightening expectations. Nevertheless, we must remain cognizant of risk levels and trade potential. In this video, Greg Michalowski, takes a step back and looks at the major currency pairs from a technical perspective …

Read More »

Forex Technical Trading: What levels are in play as forex traders prepare for US employment

The May US employment report will be released tomorrow. So traders are setting themselves up for that key event. In preparing to trade a key event it is important to understand the key technical levels in play and more importantly WHY. Greg Michalowski will spend a few minutes each on some of the major currency …

Read More »

Forex Trading Education: Trust in Marriage/Trust in Trading.

In this video, Greg Michalowski discusses how trust in marriage requires using tools.to help maintain that trust. In trading, we need to trust tools too. Sometimes that trust wavers. You lose your way, but often times, that trust is reestablished. It gets back in sync and the trust cycle continues.

Read More »

You have to trust your levels in forex trading

Greg Michalowski, Director of Client education and technical analysis for ForexLive, discusses how traders need to trust their technical levels to provide insight into the next market action. Sometimes it take a while to develop but if the level is important, it often shows the way.

Read More »

Forex Video: I spent my Saturday, working on how I was going to say…

Greg MIchalowski, Director of Client Education and Technical Analysis for ForexLive.com, has a different sort of video on Forex and Forex Education. You might say it is an invitation to better forex trading.

Read More »

Forex Trading Education: Take a step back and see what the big picture is saying

In this video, Greg Michalowski of ForexLive demonstrates how to look longer term at forex charts. Sometimes we get caught in the minutia of the shorter term swings. Non-trending periods can tend to do that as the focus is on the break. We as traders have to make sure we divorce ourselves from the shorter …

Read More »

Forex Trading Education: Attacking Currency Non-Trends

Greg Michalowski, author of Attacking Currency Trends focuses on trading non trending markets. What are the characteristics of a non trend? How you can anticipate a non trend? How you can define the non trending ceiling and floor?

Read More »

Forex Trading Education: Managing your trades by listening to the market price action

FOREX TRADING EDUCATION: The story can change in your forex trading dependent on a lot of things fundamentally and technicallly. Let’s face it, seeing the distant future can be really difficult. Earlier this week, the EURUSD moved above a key technical resistance level turning the bias higher. The price moved nicely above a few levels …

Read More »

Forex technical analysis: NZDUSD finds sellers against the 38.2%

What are the technicals saying for the NZDUSD after less dovish comments from the RBNZ Financial Stability Report

Read More »

Forex Trading Education: How you can use narrow ranges to your trading advantage

If the range is narrow, there is room to roam. The EURUSD is trading at new session highs and also new week highs on the move above the 1.1419 level That extends what has been a very narrow trading range for the week The range coming into the day was only 61 pips. Looking back … Continue...

Read More »