Tag Archives for " USD "

China Currency Devalues the Yuan….How bad is it?

The biggest conversation in the trading committee today is China devaluing the Yuan last night.    Let’s look at the chart and see what is really going on instead of listening to the news. Below

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Ichimoku “Good Night Trade” -> Put the Trade on and go to sleep!

Last night, at 7:49 pm EST I posted on Twitter that the GBPUSD has a multiple time frame day/swing support at 1.5497.   Here is the twitter feed: This was a day/swing trade so the goal was to put the

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Ichimoku Analysis: What is really going on with Turkish Lira

Since the beginning of the week, we have been hearing a lot of news on the Turkish Lira.   Forget the News!   Let the price action on the charts tell you what is going on.    Below are the weekly charts

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Ichimoku Currency Trade of the Week: Dec 16, 2012 Forex USDSEK

Most people ignore the “exotic” currencies but they shouldn’t.   As a trader, you should be diversified.   As a result, this week’s currency trade of the week will be the USDSEK. Below

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