Posts by Joe Wright

NU Drops Hard As The Downtrend Continues

2 weeks ago we shorted NU and we had another perfect opportunity to do the same thing last week. I’ve got the details here for you to see. NU NU has been in a downtrend for a little while now and here’s the previous trade in case you missed it. With the downtrend still in…

Read More

News? Who Cares

There were more profitable shorts in the markets last week and I’m going to share some of the analysis with you again so here we go. GU Once again, GU gave us a nice opportunity to short. Everything pointed to another move south so we just needed confirmation before taking a trade. Here’s a clue…

Read More

Big Short As The Pound Rolls Over

There have been a lot of shorts recently in the markets and last week was no exception. GU was my favourite¬†trade of the week so I’ll run through that along with some others. GU I’d been stalking a short since last Sundays analysis as I knew the H4 trend was down and we’d had a…

Read More

Big Shorts on the Euro

EJ dropped hard last week and I spotted the potential way before it happened. In this post and I’ll go through some of the details for this pair and a few others. EJ We know that when the yens move they really do move which is why I like them so much and EJ, in…

Read More

Money Mondays

Have you ever heard people say that you shouldn’t trade on Mondays? I’ve this a few times over the years and as far as I’m concerned it’s complete nonsense. In this post I’ll share a few examples of why. I trade whenever I see opportunity no matter what day it is and last week was…

Read More

Drop It Like It’s Hot

This week saw some major moves in the markets and if you knew what to look for there were many pips to be had. As I often do, I’ll run through some analysis on a number of pairs so you can see what’s possible. EJ Price rallied up to a key resistance level on the…

Read More

Bullish Moves on the Pound

USDCAD wasn’t the only pair that kept on giving this past week. GBPUSD also had some nice moves which I will share below: First Long We had some bearish exhaustion at daily support. Price broke resistance on the 30m chart so waited for a retest before an entry. 30m That move happened at the start…

Read More

All Over USDCAD

Last week I shared a couple of trades I took on USDCAD with before and after shots of the analysis. This week I have more for you from the same pair. Check it out now. USDCAD The first long Price hit support after the huge drop I shared from the last trade. The daily wick…

Read More

Big Swing on USDCAD

When you enter a trade you never know how it is going to turn out. You just trade your plan and see what happens. I took a USDCAD long the other day as my analysis told me price was going up and it did. It kept going and going and there was a great return…

Read More

Entries Are Exits

An entry signal to get into a trade can also be an exit signal to get out of one. If you think about it, the is completely logical. Let me give you an example. In the last post I talked about a GJ long trade and indicated the exit at resistance. Well once I exit…

Read More