Archive for 'euro/$'

Forex Analysis: 23rd May 2011

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…

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Hi, I have posted more competition entries over the weekend. There is a humorous offering from Julian J that I will post in the forum & a major study of correlation between forex & the Dow, S&P & other bourses that could help a great deal in keeping you out of losing trades. This detailed…

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Forex Analysis Week Commencing 10th January 2010 & Forum Update

Hi I mentioned in last weeks update that I had managed to recruit a husband & wife team of retired former professional forex traders & teachers to help administer the forum. Jay & Julie both traded forex for major international banks & investment houses for over 12 years. Trading forex at the highest level for…

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Free Forex Analysis for Week Commencing 30th November 2009

Hi. This analysis and the 1st video are examples of what members of our low cost forex mentoring service receive on a daily basis. Todays update is not so exciting because I am urging people to NOT trade tomorrow. Sometimes it is more important for you to learn when NOT to trade. Just sit and…

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Hi. There are huge bullish & bearish reversal candles on lots of pairs on weekly charts which could signify a major reversal in direction for the $ against all pairs. We need to be extremely cautious for the next few days. The back end of last week was extremely profitable with pullbacks & bounces but…

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This post is taken from the mentoring subscription service that I run. It was originally titled “Alternate Strategies for Current Forex Markets 22nd Oct 2009″ and as the title suggests we were looking at different ways to trade in choppy markets; Today I managed to make pips with a mixture of different methods. I had…

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Forex & LMT Analysis For Week Ahead

Had you followed my advice last week you would have caught 300 pips from the cad alone using this method. In last weeks post entitled “forex Trade Examples” I gave you detailed analysis as to how to trade  break outs on the forex 4 hour charts. In the “Forex Trade Tip” analysis of last week…

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Forex Trade Tip of The Week.

Caution is still the best advice I can give if you intend to trade in this summer lull period. Very few of the forex pairs are trending and those that are, are simply moving sideways in tight ranges. I explained in yesterdays update “Forex trade examples” how you can use break outs from these trends…

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Potential 400+ Forex pips gbp Monday

The gbp/$ could present us with some very good trades on Monday, both with and without the LMT. Take a look at the 4 hour forex chart below. Notice how price has been trapped within a 400 pip range for the last few weeks. 400 pips @ $10 a pip will give you $4000 !…

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5th May results + 48 pips

Lots of smaller trades today, without much success on follow throughs. I was trying to get back in the good books with my wife, so had to go out and only traded a few hours in the morning, London session. The following is a euro/$ trade, bounce off a 200ema. The chf bounced down off…

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April 2009 Results + ?? Pips

Well i didn’t make it to 2000 pips, but still my best month ever trading forex. If you had traded $10 a pip following my strategies you would have earned $18.000+ in a month !! The pleasing thing for me was twofold. 1) The profit was made using low risk, repeatable trades. 2) That I…

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29th April Results + 213 pips

Great start to the day. My euro/$ trade which I opened yesterday, as explained in my results, closed for a 145 pip profit. I have then taken 20 pips off a gbp and +20 on a euro long, break of the asian overnight high. And a further 28 pips off the 2nd euro lot. Still…

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28th April Results -36 pips

You know when you are tired when you can’t count your pips properly. In this mornings email I said that the pip haul for the month was 1200+. When I sat down to do my monthly figures this afternoon, i realised i had made a slight mistake. My monthly total for April 2009 up to…

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