Here is a simple plan I started working on for pip growth. Read more »
War, all out war!
Its scary out there! ALL the nations are at war! Don’t think so? I tell you it is true. We have discussed before the trillions of dollars of capital in search of gains and a return. Buy and Hold is dead! These trillions are constantly on the move. Trillions. Hedge funds, Private capital, Institutions, Exporters, [...] Read more »
Professional market manipulators!
WOW, what happened today huh? Well, if I was "Goldie" (Goldman Sachs) and I knew that I was going to release a report like they did today ( and they knew) I would work may way in to a rather large dollar short position across the board (my guess is they did this 24 to 48 hours in advance). For no sooner did they time that just right, but the market shot up like crazy against the dollar. Euro, pound, AUD. simply amazing. It is my belief that these people are TRADERS (gasp!) and that they have unusual insights into the markets because of their rather large team of the "brightest and best" in the world. Not to mention their deep pockets. And, as traders, with a STRATEGY, they executed it flawlessly! checking out the following chart we can see that there WAS a nice failure at the neckline of the 4 hour H&S (inverted) setup. Prompting some to enter fresh shorts with stops just above. Read more »
Forex Trend Video August 9th
Daily Forex Trend Direction Video. Read more »
pound aud possible breakout swing trade
Just a quickie trade update for you all on a possible swing trade. Problem is its already up huge (several hundred pips). So, being that is is extended there are 2 ways to get in. Read more »
3 “Bad Apples” which would you prefer.
Lets talk currency. We should all know what fractional Reserve banking is, and what is has done to our various countries economies. Never ending cycles of booms and busts. Inflation, deflation. DEBT. EVER growing deficits, etc… and so on. We have 3 bad apples here.: US currency, now practically worthless. We have doubled our money [...] Read more »
Down and down it goes, where it stops nobody knows.
Strange title I know, but this is about the art of "laddering orders in an attempt to peg the best price towards the bottom. You see, I don't know where this will stop, but I want it, and that is all that matters to me. Read more »
Swing trade on GBP/CAD short.
Hi Fellow traders. I am looking at a Daily double test high on the Pound Canada pair. I am considering a short on it on an hourly sell bar and if you look at the hourly, you see a 5 day several hundred pip run. If we draw our fibs and look at the levels... Read more »
What are the makings of a good scalp trade?
Hi folks, a fellow trader just emailed me with some serious questions about proper scalping methods and management. I thought I would just capture the charts and the potential trade and put it right in here for a good example. This is just one example of certain things I am looking for. Take a look [...] Read more »
