Hi, Today is NFP Friday (USA unemployment news). I never trade it as it is too much like gambling and totally unpredictable for me. I posted a video that I recorded live in Decembers NFP news announcement to show you why I never trade it. You can catch that here: NFP Friday & Why I NEVER trade it
Today, David, our guest presenter from New York gives some tips on currencies to look out for on the longer term time frames & I certainly think he may be correct in his analysis of looking for long term trades on the Aud & the Nzd.
Speaking of longer term trades, I prepared a video for my forex mentorpro members last Sunday in which I showed them how to trade from WEEKLY charts. One trade on the Euro/$ alone, placed at market open is currently up 350 pips & the Euro/Yen +500! These entries were correct, almost to the pip, on a WEEKLY chart. There were other low risk, highly proftable trades as well. I will give you a full update on Sunday.As a result of this analysis here are just a few of the members comments:
“Hi Marc,
Amazing !!! Currently up 200 pips again on EUR/USD and 100 pips up on USDCHF.
I never believed it could be possible. I’ve only made 5-6 daytrades in two months and all winning.
Thanks again for your mentorship. J
The forum is now up & running. We have members who are test driving Forex Megadroid. Simon is our test pilot, but lots of the other experienced forex traders are sharing their settings & results & offering tips & advice. We also have husband & wife team, Jay & Julie Hawk, 25 year forex trading veterans, helping out with articles, tips & advice. The link to the forum is at the top of the page, so why not call in and say hello.
I will post my video from last Sunday over the week-end & my regular weekly update late Sunday afternoon GMT time. If you would like to informed of news & updates fill in the email box top left of this page. If you would like to be a member of my low cost forex mentor program, click on the following link to find out more, Regards, marc



I can't measure it it pips – too many trades of different sizes.
Only on Thursday my account increased by 320%
I planed the USD deals over 5 weeks ago.
You don't need any average stuff. Neither any other indicators.
All you need is just couple of lines and eye
The price will tell you everything. You only have to learn it's language.
“The PnL shows that EURUSD might go down even to 1.35-1.36 if broke below 1.4 but I don't dare to say it aloud…” This is a message I send to one of my followers on 6th January 2010. It was at 1.4330 by that time. Over 600 if Buy&Hold. But triple that if played daily ranges…
ALX
I can't measure it it pips – too many trades of different sizes.
Only on Thursday my account increased by 320%
I planed the USD deals over 5 weeks ago.
You don't need any average stuff. Neither any other indicators.
All you need is just couple of lines and eye
The price will tell you everything. You only have to learn it's language.
“The PnL shows that EURUSD might go down even to 1.35-1.36 if broke below 1.4 but I don't dare to say it aloud…” This is a message I send to one of my followers on 6th January 2010. It was at 1.4330 by that time. Over 600 if Buy&Hold. But triple that if played daily ranges…
ALX