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Setyo Wibowo

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Active forex trader and analyst at FXInstructor.com. Began his forex trading career since 2000. His daily forex analysis also published at actionforex,com. A pure technician, his trading philosophy is "trading should be simple". Simplicity is the key to becoming a successful forex trader - not complicated trading systems - which are not nearly as effective in forex trading.

USD/CAD Bullish Correction Rally Stalls at 1.2750/70

Analysis Setyo Wibowo -
The USD/CAD attempted to push higher last week topped at 1.2777 but whipsawed to the downside and closed lower at 1.2583. We know that...

USD/JPY Trend Line Violation Triggers Sell Signal (August 14-18)

Analysis Setyo Wibowo -
The USD/JPY continued its bearish momentum last week bottomed at 108.71. The bearish run started after price formed a double top formation at 114.50...

AUD/JPY Weekly Chart Trading Opportunity

Analysis Setyo Wibowo -
The AUD/JPY retreat from 89.00 resistance area last week, closed lower at 87.92. Prior to this turn down from resistance, the pair has been...

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