Hi, I have explained in recent weeks the benefit of zooming out and looking at longer time frames when markets are choppy. In doing so you miss a lot of frustrating moves and stress.
Last week I explained in detail (see last Sundays post) how price appeared to be in a holding pattern waiting for Read More...
- Weekly Forex Analysis Archives
Hi, I have explained in recent weeks the benefit of zooming out and looking at longer time frames when markets are choppy. In doing so you miss a lot of frustrating moves and stress.
Last week I explained in detail (see last Sundays post) how price appeared to be in a holding pattern waiting for Read More...
Hi, I swear I will never understand the complete illogicality of the currency markets!
All last week we had the constant barrage of bad Euro zone news, especially the Greek situation where a restructuring appears to be the very least that will occur & today there was talk of over a Billion Read More...
Big Clues That the Euro is Due a Fall?
I show in todays analysis that there are some major clues on longer time frames that are starting to suggest a major fall on the Euro.
If the monthly candles on many pairs close in the same pattern as they are now then that will be a huge indication Read More...
Weekly Analysis and How to Use Trend Lines
We have had a tremendous amount of breaks of trend lines in the last few days & there are more lining up.
I show in todays video how to place the trend lines & then how to take the trades.
What can be confusing to newer traders is the Read More...
Hi, hope all is well.
I bought some more physical silver on Friday and explain further down why & why I am interested to buy more.
TIME OUT
I had a number of emails last week referring to the fact that very little seemed to be working. I explained in detail in posts during the week what, Read More...
I am not overly cautious by nature & have dived into things many times in my life and got away with it, but with forex its different. Why? Experience.
The first 3 years I tried to learn how to become successful trading forex were very frustrating & often very stressful. I just KNEW there Read More...
Two weeks ago I showed you a trade on the Aud/Yen, those that still have some of the trade still running are now 600+ in profit. That is the way to trade forex. There is no need to be sat there for hours on end scraping a few pips here & losing others there. Both of these trades, in among many Read More...
Last week we had some technically very good trades in amongst the recent mayhem. News is proving to be the catalyst once again & there is loads of it this week, especially interest rate news on four of the majors.
A good example of support & resistance holding despite earthquakes, Tsunamis Read More...
James Bullard, president of the St. Louis Fed speaking in France on Friday.“The economy (USA) is looking pretty good,” this is at a time when the Fed is still printing billions of $'s out of thin air, on a daily basis. Individual states are borrowing billions to pay unemployment benefits. They Read More...
Lots of emails this week from members asking me what was going on with the Japanese Yen. As I explained in detail in last Sundays video, the Yen pairs for me are technically untradeable at the moment.
Natural disasters combined with ongoing radiation leaks & explosions at nuclear power stations Read More...
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