On the forex mentorpro site we have been concentrating more on weekly forex signals. Trades placed on Sunday at market open from last weekends analysis gained over 1400 pips!! Now you wouldn’t have gained them all of course BUT half is more than a months worth of pips for 1 hours work on a Sunday!
I do my usual method: Split the trade in half. Take a small 1st profit of 20/30 pips and then move the stop to entry on the second trade OR to entry + the 20/30 pips profit on the 1st part & let that run on the second part. This strategy gained me over 400 pips on the Euro/Cad alone. During the week I then analysed the pairs every evening & we had 100′s more pips from these intraday trades.
These are all pips gained from analysis before the event. The Forex world is full of commentators who will tell you where you went wrong yesterday (my dog could analyse historical charts
The aim of the forexmentorpro site is to teach you how to analyse all this nonsense for yourself. We are NOT a tipping service but here’s a few comments from members posted on the blog today:
Hey Marc..
I had my best week ever! Since I started to do manual trading, and follow your mentor pro blog… +337 pips this week! ![]()
Yesterday I had a ball with EURJPY again riding the trend down. Today I had success with shorting the usdjpy at 90.32, just as you told us in the blog. Also from your advice I shorted the USDCAD at 1.0550 first, and later again at 1.0558. Most important, today no losses at all, and reaching 2/1 win/loss ratio for the week, so I am getting there to avoid the losing trades.
I did not get out of bed early enough for the london open M1 trades, but there were some nice moves there today.. eurusd was textbook..
Thanks for all your advice! It starts to get really spooky how accurate you are ![]()
Marco
And A COMPLAINT
Well, Marc, you can’t be right all the time. You stated the USDJPY entry for today was 90.30, well according to my platform it was actually 90.31, you were one pip off.Kidding aside, your skills continue to amaze. Truly awesome!!!
In last weeks weekly Video I said to look for short entries on
- Euro/Yen @ 124.00, worked + 240 pips,
- Euro/Cad between 1.4715 & 1.4742 worked + 450 pips,
- Nzd/$ @ 70.00, worked 100+ pips,
- $/Yen short @ 90.00, worked 50 pips +
- Aud Yen @ 79.00, worked 90+ pips,
- Aud 0.8800, worked 80+ pips,
- Chf long at 1.0645, worked 160+ pips,
- Cad long at 1.0650, worked Monday 100+ pips
- Euro/$ gave 3 possible entries 1.3743, 1.3800, 1.3850. One lost -70 pips 2nd won 250+ pips
- Gbp/$ Short at 1.5800 – never got there, no trade
- Gbp/Yen 142.00 never got there= No trade
If you would like to check out the mentor service click on the following link. Until March the price is only $29.95 a month. Mid March we are raising the price to new members to $49.95. Those who join @ the lower price lock that in for the length of their membership. We have a 5* rating on forex peace army & you can cancel at any time, what do you have to lose?
This is last Sundays, pre market open video analysis from weekly charts. I was laid in bed with a bad back & on strong pain killers when I recorded this, so I do sound rather pathetic
but heres what I had to say:



I am glad to see the Dollar on the Toilet Paper Roll. This has been my avatar Picture for over 8 Months now,,,… maybe longer…. Glad to see the mentor service is going well. I will have to check out the details. A trader never stops learning.
Signed in with Twitter.. Great widget…Trading off weekly charts is truly amazing. However, to have the patience and the risk appetite is what changes my mind. But I am glad people are making a fortune on the big time frames
Hi Forex 1982. most of the weekly trades i look at have less than 100 pip stop. some daily moves we had recently had 20 pip stop for 200 pip move. it is a misconception (I used to feel the same way) to think that you need massive stops on weekly moves. the other thing is you only risk the same amount of money as normal, but reduce your stake per pip, regards marc
Hi Forex 1982. most of the weekly trades i look at have less than 100 pip stop. some daily moves we had recently had 20 pip stop for 200 pip move. it is a misconception (I used to feel the same way) to think that you need massive stops on weekly moves. the other thing is you only risk the same amount of money as normal, but reduce your stake per pip, regards marc
Very nice article, this is true. Fundamental analysis is a nice way to forecast the market, but technical analysis is also a good way of predicting any financial market.