Ok fellow traders with the markets remaining anemic and sideways I have issued signal #7 at the 1.3796 level and am looking for 20 pips. At this level it should be easy enough to obtain the target at a reasonable time frame unlike Signal 6 which is…
The markets remain anemically range bound and immobile. The EUR/USD heads higher in it's lengthy sideways range. To say that the currency pair has been a market makers dream for the past two years would be an understatement. The past three wee…
Ok fellow traders, as we wait for the EUR/USD to give us some cash I want to direct you to a new blog that I have created around gold.
It is an exciting financial instrument to trade but I caution you to use proper risk management around gold if yo…
Ok fellow traders the long awaited signal has been released at 1.3593 and I am looking for 20 pips profit. So that would be 1.3573 for me. If you can get a better entry then take it. In other words if the price moves higher up then enter higher up.…
In most cases where I speak with junior traders or even some people that should know a lot better and don't they have a tendency to see what they want to see in the markets. You know a Candle pin means a sure sell off or a double bounce signals…
When using the signal it is important to wait for the right opportunities to short into this sideways market. You might say, "how can you say that it is sideways when it seems to be moving up and has been for the past year or so"?
I woul…
I am always amazed at these analysts that recommend something and simply tell you where you could have entered a position and where you could have exited. Of course most of them assume that you entered in at the bottom and exited right at the turni…
Nothing. It means nothing in any sense of the matter to the trends that are now in place. The EUR/USD responded in form and sought out the break out stops and traders that were perhaps fooled (which is the majority). As you can see from the graph b…
I work hard to try to really help traders and more importantly to help traders look at the markets more like George Soros (the way he trades currency) versus the gamblers mentality that most traders have been taught to trade like. What I mean by th…
Tomorrow is the much anticipated NFP that seems to hold every traders attention every month. No doubt it is the most significant event in the US for sure. However regardless of the print it will not effect the overall trend now in place which is th…
If you really listened closely to Draghi today you may have come away with the idea that he was somewhat hawkish in relation to the Eurozone.
However if you read between the lines and if you really understand currency trading then all this was…
Signal # 5 was closed this morning at a profit of 20 pips. It opened at 1.3531.4 and closed when price moved to 1.3511.4 minus spread (in other words whatever your broker is charging you for your trade). Hopefully he is NOT trading against you as y…
I am selling the EUR/USD at market and looking for 20 pips profit. Yes I know it is before Draghi's nonsense tomorrow but he may delay but not stop the forces that are now in motion. I entered at 1.3531.4 and if you can get a better entry then …
Price has moved well over our target area of 1752.05 from where we took our position last night in the S&P. 20 ticks were booked and we have now closed signal #1.
It is nice when you let the market do the work for you instead of staring a…
Let's not forget fellow traders that I do have a signal service here for the S&P emini too. It is based on the same parameters as the EUR/USD trade. When we take the trade we are looking for 20 ticks. That would put price at 1752.4 from her…
Signal # 4 Closed with full profits once again thus keeping the signals 100% profitable. I hope you are enjoying the signals and I will be posting more as the weeks go on.
It is not often that I get to show the signal in action because sometimes it takes a period of time before it reaches my target area. You see the signal here up around 17 pips and in most cases traders will be tempted to grab the profits and close …
Whether you are a bull or a bear in stocks you should be looking at this pair as it is a relative reflection of the cash flow in the markets these days with the just about every central bank pumping money into their systems like there is no tomorro…
Ok here is signal # 4. Sell the EUR/USD at 1.3530 and look for 20 pips. You may have a bit of draw down here (I hope so remember my rules). If you are unsure of them check the post on how to trade the signal.
Well here we are at the pinnacle of another trading week with everyone poised for.......well that's the thing about the markets. No one really knows for sure what is going to happen do they? They think that they do but really it all comes down …
The ongoing theme of the US Dollar rise has been one that I have been touting for a few months now. With the advent of last weeks big move this view is no longer a surprise as risk off becomes the main theme for a brief period of time.
That the …
