Hi Erol has kindly posted his technical & fundamental video analysis below. The following is some of the analysis I posted to the forexmentorpro members last night which hopefully kept them out of a losing LMT daily trade on the Euro/Yen last night and got them in to a winning Euro/Gbp break out trade at…
Archive for 'forex trading'
Free Forex Analysis for 19th November 2009
Free Forex Analysis for the week ahead 8th November 2009
Good Afternoon All. Hopefully you avoided or got through NFP Friday unscathed. Usual silliness. The $ news was worse than expected yet went up for a while. With that out of the way we will hopefully see a resumption of some of the trends, for example the Euro/$. It never broke out of its daily…
Forex Analysis for the Week Ahead- 6th Sept 2009
The last 2 weeks analysis has yielded over a 1000 pips profit from trading off the Daily charts. Last week you could have placed orders on the Sunday night, pre market open and would have gained up to 600 pips. $10 a pip would have made you $6000!! These videos are all intended to be…
How to Trade Forex off Daily Charts (video examples)
It feels like going back to school today! I havent had such a long holiday for years, but now time to get back to earning some real forex money. I have posted below a couple of videos that outline how the new free forex daily signals experiment should work. At this point I must stress…
L M T Forex Formula Review
LMT forex Formula Review. Scam ? I Trade Forex from Home VERY Successfully. If you would like an HONEST review of the lmt forex system then check out our members Reviews Here.
Forex Trade Examples
In these summer months with reduced numbers of forex traders and hence reduced liquidity in the forex markets it can be very difficult to trade. In many ways the best advice is simply to have a break and do not trade. However, there are low risk trades out there, but you need to be patient…
LMT Trade Plan Week 15th June & Results
Last week I received over 40 LMT Forex Signals including 12 off the daily charts. I personally took 12 trades, all of which were winners. Some only hit the 1st target and pulled back and took out the 2nd lot at entry, but as I have explained often, I have found this to be the…
How to become a Forex Winner
As I mentioned in today’s members email; I was a volunteer in yesterdays Lanzarote Iron Man. As a member of the “doping control team” I got to meet and chaperone the winner, Belgian, Bert Jammear. Unfortunately as Bert crossed the finish line and passed into my care, he collapsed ! Not surprising considering he had…
Risk Reward in Forex
The secret to becoming a successful forex trader is the ability to maximise your gains and minimise your losses. This is easier said than done ! In my 1st month trading forex I won 65% of the trades and yet I somehow managed to lose money ! Obviously my losses were bigger than my wins,…
6th May Results + 118 pips
In April most of my 1800+ pips were made from breaks of asian high and low ranges. This week it has been bounces off 200 emas+ lots of other reasons. This is not my normal method of trading. I am adapting to the market as I see it on an almost daily basis at the…
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…
4th May Results + 220 pips
I was in big trouble with my wife yesterday. I said I wasn’t going to trade as it was a bank holiday.* All the family came back from the beach for lunch & I sneaked into my office for a peek at the charts “just in case;”- it was so obvious I had to take…
4th May. Gbp possible break up
As I explained in great detail my ” April 2009 Results”… post. The gbp is returning to the same upper 4 hour trend line again. This may not happen tomorrow (monday) with it being an international holiday BUT this is an extremely important area again. Price is above all the emas on the longer time-frame…
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…
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…
27th April Euro/Gbp Analysis
I posted this on twitter friday afternoon re euro/gbp. “pullback to 90.20 or 90 would be very logical bounce back up for Monday am for me. All emas pointing up. could go a long way next week”. Unfortunately i don’t trade friday afternoons so my rules initially kept me out of the trade. I then…
20th April analysis
The time is now 09.45 bst. This mornings analysis (approx 7.30am bst) is below. I update most in real time on twitter as this is a bit slow. There is a twitter feed bottom left of home page, but you have to refresh it for latest posts. Anyway from analysis below i have banked 40+…
Forex News trading (& why I Don’t)
Scalping & News trading & why you shouldn’t. News trading was my next step along the path to enlightenment, NOT. Every day in forex there are news releases, National Banks eg (Bank of England Interest rates decision), governments release unemployment details. Any of these can cause a major shift in the value of a currency in…
Forex Advice
Forex Advice If you are new to forex and thinking of giving this “make loads of money working only 10 minutes a day” investment thing a try, then listen up. Forex is NOT investing. It is gambling. There are ways to win at it but it is risky and you can literally lose your shirt,…

