Author: Fastpips.com

Greetings Fellow Traders! I thought today would be a great today for a quick overview of the USDJPY… If you are a forex trader, you know the USDJPY has been in a consolidation phase for many, many weeks now, with a strong...

Greetings! What a great week of trading the forex markets!  🙂  Of all the trades this week, one in particular, strikes us as the most interesting.  The EUR/GBP pair has many reasons to rise in the coming days and...

Today we saw a sizable retrace of the AUDUSD pair to the upside for well over 170 pips.  We did, however, hit a key fib level and are now starting to see the downward momentum pick up once again.  We expect this pair...

Greetings fellow forex traders!  I’m still having trouble uploading videos here from my mac, but you can find my latest creation here:  http://www.youtube.com/watch?v=ZCUbMbzsk1g  and also on the homepage of...

At FastPips.com our goal is simple. We want to help you learn how to create a profitable trading business by executing low-risk, high-reward trades in the best market conditions possible. #13: Back-test, but be logical....

Greetings and thanks for reading. What a great week this has been! 🙂 Without volatility there are no pips to be made, and we sure had pips to make this past week. After studying the longer term GBPUSD charts, history, and news...

Greetings Fellow Traders! Today we find ourselves in a nice uptrend on the EURUSD that has the likelyhood to lose some steam early on. We have seen over 200 pips of upwards movement of the Euro against the USD since this trend...

Greetings, After a long wick/pin bar on the daily and 4 hour charts for the GBPJPY, I sense a strong reversal to the downside with a target in the 146.30-146.40 area. Even after the banks stress test results and a quick 60 pip...

After a long day of high expectations with the long Easter Holiday weekend finally coming to a close, the markets still appear locked. Although stocks were down, the USD continued to weaken overall. Terrible news on the USD...