Posted by Casey Stubbs on Saturday, March 20, 2010
, In :
Trade opportunities
Thursday and Friday of this week saw the Euro crash down to test the 1.3500 area and bounce off of that to move up, slightly. This momentum to the downside could potentially carry the euro to break the 1.3500 support area and even the most recent low of 1.3434. If those critical support levels break we could see a free fall in the Eur/Usd until the pair reaches the 1.3200 level.
In the past month the downward slide for the euro has stalled at the 1.3434 area and has been range trading for ove... Continue reading...
Posted by Casey Stubbs on Tuesday, March 16, 2010
, In :
Trade opportunities
Today in early Morning trading the Eur/Usd tested 1.3800 and the pair continued to move south after the test. The pair has been moving in a slower range because everyone is waiting for the Greece news to come out. When there is more concrete news on Greece that news could impact the direction of this pair for a long period of time. The trading community is looking to see a Greece bailout to move the Euro higher.
1Hr Chart * Click the Chart to learn about our trading service.
Posted by Casey Stubbs on Sunday, March 14, 2010
, In :
Trading Videos
The new week is upon us once again and it is time to prepare for your trading. This is the video analysis for 8 major currency pairs that I focus on during the week of trading. This video identifies key support and resistance levels that may help you when planning your trades for this week.
In addition to watching the video it is important to be aware of the different news announcments that impact the major economies this week. The Forex Crunch is a forex website dedicated to keep you informed... Continue reading...
A Plan for Profit, How to Reward Yourself for Growth as a Trader.
by Michael "Robinhood" Storm.
Occasionally we are contacted here at winners edge by folks
that are having a hard time making consistent gains as traders. Some
are really troubled with their performance and concerned because of
Losses slowly eating up their precious capital. Often Casey and I have
heard similar stories of losses, followed by questions like this: "If
I place X amount of money in the market, can I make it... Continue reading...
Posted by Casey Stubbs on Saturday, March 13, 2010
, In :
Michael Storm
Hi Folks,
Michael "Robinhood" Storm here, Signing in again here with a potential
trade set up on the USD/CAD pair...
We have been pretty stacked to the short side on the euro dollar
and pound dollar pairs and you know what happens when we get to heavy
with the shorts. That's right, there is a possibility of a short
squeeze and shakeout happening now. See the charts at the close of
thursdays session there were MASSIVE amounts of ascending triangle
patterns on all the charts and... Continue reading...
Posted by Casey Stubbs on Saturday, March 13, 2010
, In :
Trading Videos
Last week I did a training Webinar and so many people asked for recording, So I have posted it here for anyone who wants to catch up on the Forex Free Training. These are techniques and tips that are taught at our Forex Trading School. This video covers: Trade setups, Exits, trading psychology, risk management, support and resistance and more.
Please leave some valid feedback so that I can improve my videos to help the traders more.
Hi Folks, sorry its been so long since my last article but the
trading room has grown and my first responsibility is to those traders
that are now a member of our team. We sure do have some boring times.
But they are followed by great times to and you have to be waiting for
the right setups. Here is an EXAMPLE of a few very common setups that
happen just about every day and on just about any given currency pair.
Posted by Casey Stubbs on Thursday, March 11, 2010
, In :
Trade opportunities
Hello, Traders it is good to be back and I have been away from my posts because the Eur/Usd has not made much price movement and has been stuck in a trading range for quite a long time. In addition I have been recording a trading video series that will be released soon. The series is going to be focusing on Forex Training and many aspects of how to trade profitably, from technical analysis, to news, to psychology and then some.
So anyways the Eur/Usd is in a narrow price range from 1.3690 to 1... Continue reading...
Posted by Casey Stubbs on Saturday, March 6, 2010
, In :
NFA Regulations
There is a petition out there to stop the CFTC regarding the new margin rules requirements. Sign this petion by visiting this link. I personally signed this petition.
Posted by Casey Stubbs on Tuesday, March 2, 2010
, In :
Special
There is a new site called Forex Pop which has a composite list of some of the best blogs on Forex Trading. Winners Edge Trading is pleased to be part of the list in which all of our newest posts will be put on the front page of Forex Pop.
This is a page where a forex trader could book mark and then check it each morning to get the best posts from all of the best blogs each day. I think the page is a good idea and will provide value to many forex traders looking for the best information on For... Continue reading...
Posted by Casey Stubbs on Sunday, February 28, 2010
, In :
Trade opportunities
This is a video analysis over 8 major currency pairs that will help you to prepare for your trading week. This is primarily a technical analysis, it is also important to learn about the current funbdamental situation as that has a dramatic impact on the currency as well. It is a valuable skill that will enable a trader to learn to interpret fundamental and technical data together to help a trader to get maximum profits.
Posted by Casey Stubbs on Saturday, February 27, 2010
, In :
Trading Strategy
Detecting Forex Price Trends using Candlesticks
Wednesday, February 24, 2010
By: Terry Allen
Expert consensus considers that candle patterns that have either a long upper or lower shadow with little body, are the most useful, e.g. hanging man, hammer, morning star and inverted hammer. You are also recommended to search for these patterns on the more reliable hourly and longer-period charts.
You can use these candlestick patterns in the following way. If you have been unable t...
Posted by Casey Stubbs on Saturday, February 27, 2010
, In :
Trade opportunities
Hello Traders the weekend is upon us and I hope you get some well deserved rest. We have a great amount of weekend reading coming out so make sure to sign up for our feed so that you can read the posts at your leisure.
The market had many large price moves during news announcements which could be wildly profitable if the trader had the discipline to be on the right side of the trades. One of the most volatile pairs this week was the Gbp/Jpy and we had several days with over 100 pip daily rang... Continue reading...
Posted by Casey Stubbs on Thursday, February 25, 2010
, In :
Trade opportunities
Hello Traders,
I hope all of your trading has been profitable lately. If it has not please comment in the box below and I will get back to you. I am a trading coach and besides technical analysis there is the strategy, money management and proper trading mindset. I understand the pain and discomfort caused by losing income in your trading and the mental roadblocks that can cause losses in your trading.
Today the pair was trading in a smaller range than yesterday so the way that I took profit ou... Continue reading...
Posted by Casey Stubbs on Wednesday, February 24, 2010
, In :
Michael Storm
Hello fellow traders. Here is a swing trade idea for all regarding the
GBP/JPY. Sorry for the lack of posts from myself recently, but our
trading room keeps me fairly busy. Anyway, this one may trigger this eve
or within the next day. See this chart of the Pound yen and you can
see critical daily support is at 138.25. Should this break (as did the
pound last week when critical daily broke... we went down very big), I
believe we shall see a rather large downdraft of a few hundred more ... Continue reading...
I am married to a wonderful woman Deanna we have 5 children. I am a christian serving, The Lord Jesus with all my heart. I am involved in my church and take mission trips every year.
I have been trading since I was 18 when my dad taught me. I have traded stocks, options and forex. When I found forex I knew that I would never want to trade any of the others again.
Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. Winners Edge Trading. will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.