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 Thursday, February 18, 2010,
In :
Trade opportunities
The Euro yesterday gave up all of it's gains verses the Dollar but stopped short of reaching new lows. The pair stalled out at 1.3540 and the previous lows were around 1.3531. Right now we could be entering a consolidated range trading period where the price will be waiting before making a decision which way that it is likely to go.
The current range is between 1.3531 and 1.3780 watch these levels closely for bounces off of and for possible breaks. The way to trade these is to enter trades if ... Continue reading ...
Posted by Casey Stubbs on Tuesday, February 16, 2010,
In :
Trade opportunities
The Eur/Usd made a major bounce today verses the lows that the pair established on Friday. The pair smashed through the major resistance level of 1.3700 to move all the way to 1.3772. The pair is now consolidating and has not retreated from the gains made today. The next major resistance hurdle for the Eur/Usd will be the 1.3800 area as that will be a psychological level to contend with. If the pair continues to make gains the 1.4000 will be another major resistance point.
Posted by Casey Stubbs on Sunday, February 14, 2010,
In :
Trade opportunities
Hello Traders Happy Valentines day!
I hope that you all had a great time with your special someone. I personally don't believe in Valentines Day because I believe I should shower my wife with love an affection every day and not just once a year.
The Eur/Usd has been continuing to reach new lows last week reaching a new low of 1.3531 on Friday. That will be the new support level that we will watch to see if the pair will reach new lows. If the 1.3531 support level gets broken we have additional ... Continue reading ...
Today in my trading I was reminded of a valuable lesson and it was by one of the traders in my room. I sometimes get ahead of myself when entering trades because of anticipation. One of the first things I was taught as a trader is not to act before you get your entry signal. Today, I was entering trades based on what I "felt" was going to happen rather than a signal given. Then one of the traders in the room asked me why did you enter there, because there was no signal?
Posted by Casey Stubbs on Sunday, January 31, 2010,
In :
Trade opportunities
This is a technical analysis that is designed to help traders identify the daily trend before starting trading for the week. This Forex video analysis covers all of the majors to include the Eur/Usd, Gbp/usd, Eur/Jpy, Usd/Jpy, Gbp/jpy, Usd/Chf, Aud/Usd and the Usd/Cad. This analysis is an opinion only and the trend can change at any time.
Economic News can impact the direction of the pair at any time and it is highly advisable that all traders are well aware of all the news events that are g... Continue reading ...
Posted by Casey Stubbs on Friday, January 29, 2010,
In :
Trade opportunities
Every day this week the Eur/Usd was hitting new lows and it appears we are in a straight free fall. To answer the question when will the bleeding stop we have a couple of support areas at the 1.3823 area which was close to the close now. Other areas where we has support where we could see stalling is the 1.3400 1.3500 areas.
I have identified potential support and reverse areas on the daily chart below.
Daily Chart *Note Click on the chart to learn about our trading system.
Posted by Casey Stubbs on Tuesday, January 26, 2010,
In :
Trade opportunities
The price on the Eur/Usd is in a consolidation pattern waiting for a breakout. The sentiment is that the pair will break the 1.4000 level soon. The pair has been offering some support at the 1.4000 level and has not broken south of that line. However there has not been much strength at all in the pair and the Dollar is strong right now in all verses all the pairs.
Watch the pair break out of the 1.4200 or 1.4000 range for any clear indication about which direction the pair will continue to mov... Continue reading ...
Posted by Casey Stubbs on Tuesday, January 26, 2010,
In :
Trading Strategy
Today I received an email from a reader that asked how to place a stop loss. I think that is a great question and I decided to do a short video to help him understand how to place your stop so that you can have good trades with out much risk.
The best way is to use support and resistance levels along with the highs and lows of the candles that you see the entry signal. This video can also bee seen as a current buy setup in the Usd/Cad.
Continue reading ...
Posted by Casey Stubbs on Friday, January 22, 2010,
In :
Trade opportunities
The Euro continues to dive and make new lows this week. The price bottomed out yesterday at 1.4029 and then hanging in a consolidation range until the pair decides to do a critical breakout in either direction.
There are mixed opinions about the future for the Euro/Usd, some experts are saying that the pair will drop going all the way to 1.24 and others are saying that 1.4000 is the bottom of this temporary move. It can be a long and dauntiing task to figure out the fundamentals. What I under... Continue reading ...
Posted by Casey Stubbs on Saturday, January 16, 2010,
In :
Trade opportunities
The Eur/Usd is in a consolidation range right now. The pair was thought to possible break to the upside when it broke the 1.4450 price resistance barrier but that was short lived as the Euro is unpopular right now and out of favor. Despite negative US data reports the pair has not lost ground on the Euro.
As of right now the current support level to watch is 1.4200 if the pair breaks below that we could see the pair go to 1.3800. Friday was very bearish for the pair as the Dollar gained all d... Continue reading ...
The Eur/Usd is the worlds most traded pair and there is currently a great deal of speculation about the current condition and how will the Dollar perform vs. the Euro this year. Last year the pair had a wide range but in the end didn't really go anywhere. The Dollar began the year at 1.3938 and ended at 1.4331 the pair was down early and came back strong during the year only to lose most of the gains made during the year.
What is going to happen for the pair this year? Only time will tell b... Continue reading ...
Posted by Casey Stubbs on Saturday, January 2, 2010,
In :
Trade opportunities
Last Month I noticed a possible setup on the Aud/Usd in this post. Now the Trade has setup and an entry point is here for the beginning of the year. The reason we have a short setup despite the excellent Australian economy and the strength of the aussie is because on the monthly chart we have a pull back and there is a shooting star and then a candle that has closed lower than the low of the previous candle. That is a short entry signal using Japanese candlestick trading.
Posted by Casey Stubbs on Sunday, December 20, 2009,
In :
Trade opportunities
The Dollar has not slowed down in its climb verses the Euro this week. This weeks trading is moving right at a pace for moving back to the 1.4000 level. The only problem with that is that there has been no retracement on this current down move. Nothing can go straight down forever so we should get a pull back soon. Right now by looking at the 4hr chart we can see a slight pull back has started. The current resistance is at around 1.4400, look for the pair to rebound to that level before cont... Continue reading ...
Posted by Casey Stubbs on Thursday, December 10, 2009,
In :
Trade opportunities
The pair has been trending down since the surprising NFP news released last Friday. Todays trading is in a bit of consolidation and we have hit a shelf or bear flag forming with a possible break to the downside. The target that should be in place is 1.4626 because that is the next key support level that was met on October 2. If we break down below that point we could be in a stronger dollar bullish scenario.
Take a look at the 4hr chart. *Note Click the chart to learn about our premium Forex... Continue reading ...
Continuing on with our price action study, in this article we'll put together a plan for analysing a particular currency pair, on a particular time frame, and see if we can work out a way to get some probabilities on price continuation.
In the last article we talked about a study that was published a few years ago that presented some probabilities of price continuing in the same direction. For instance, the study said that if the EUR/USD moved 15 pips on a 1hr cha... Continue reading ...
Posted by Casey Stubbs on Sunday, December 6, 2009,
In :
Trade opportunities
The Eur/Usd made a bearish move on Friday on positive news released on the U.S. Economy. This article is purely speculation based on my technical analysis. This point of my opinion only and you have the right to disagree. The first signal to me is the long bearish bar on the daily charts. That bar indicates to me that there was a massive selling and that could be an indication of additional selling. The price broke past all the previous lows of that pair for the last few days.
Posted by Casey Stubbs on Saturday, December 5, 2009,
In :
Trade opportunities
Today when the news for the Non Farm Payrolls came out the Dollar took off for major gains and never looked back. The number posted was that U.S. Economy only lost 11,000 jobs. This is big news because the number was supposed to be - 119k so that means that the estimate was 108,000 off. The price reacted suddenly and violently and we had almost a 200 pip move to the downside today. I will give a detailed trade idea at the bottom of this chart.
Posted by Casey Stubbs on Thursday, December 3, 2009,
In :
Trade opportunities
The Eur/Usd has once again found itself inside of a trading range that can be used to gain some good profits for trading. The support of the range finds the support at 1.5032 so I would look for this price to challenge anywhere as low as 1.5000. The resistance of this pair is at 1.5117 and the ceiling here could be anywhere from 1.5100 to 1.5125. As long as the prices stay within this price range I would look to sell near the resistance and buy near the support. The best time to buy and sell ... Continue reading ...
Posted by Casey Stubbs on Monday, November 30, 2009,
In :
Trade opportunities
This week the Eur/Usd opened above the 1.5000 level which is above the strong resistance level that the pair has been around. Now that the price is above the 1.5000 that is the new support level to watch for another breakout move. Today is the last day of November and the close of today's trading session is important because if the price can hold above the 1.5000 price that will be a strong signal for more bullish price action for the month of December. If the price drops below 1.5000 that is... Continue reading ...
Posted by Casey Stubbs on Sunday, November 29, 2009,
In :
Trade opportunities
Monthly Trade
At the end of the month I like to look for long term trade entries by looking at the monthly charts. There are two specific ones that we can look for possible entries. For long term trades that can be held as long as a month to a year long. These trades are easy to manage and they don't take much time and they can bring great profits.
The first pair that I noticed that may be ready for a long term monthly play is the Aud/Usd.
Posted by Casey Stubbs on Monday, November 23, 2009,
In :
Trade opportunities
News moves markets but trading the news can be a dangerous endeavor. This is because traders never know how the market will react to a certain news release. Many times the market will move before the news is released and then when the news is announced since the news was anticipated, the market will react in the exact opposite way, you thought that it would. So that is why we trade according to what the price is doing not the what the data tells us. Trading according to how the price is movi... Continue reading ...
Posted by Casey Stubbs on Wednesday, November 18, 2009,
In :
Trade opportunities
The 1.4825 level is an extremely strong support area as that level has been tested five times in recent weeks. The 1.5000 level is a strong resistance that has been tested several times.
Which ever way the pair decides to go since these support and resistance areas are very strong it will probably be a significant indicator as to which way the trend will move for some time. Keep your eyes on these levels and attempt to do range trading until a clear pattern emerges. Range trading can be profi... Continue reading ...
Posted by Casey Stubbs on Thursday, November 5, 2009,
In :
Trade opportunities
Triangle breakout trades are great for getting good profits, in a quick time frame. The problem with trading chart patterns is that you have to be there when it happens. Which is no easy task. I can tell you that many times I will be watching the pair and just when I go to do something else, that is when the price will break through and I miss the trade. I hate it when that happens.
So today lets look at a triangle on the Eur/Usd.
4HR chart *not click on the chart to learn about a trading sys... Continue reading ...
Posted by Casey Stubbs on Saturday, October 31, 2009,
In :
Trade opportunities
Yesterday I shared a possible trade setup on the Eur/Usd, today I thought I would write about the Usd/Cad. The price in this pair has been trending up and is about to break the downward trendline. If this trendline is broken on the daily chart that will be a good entry point long for the Usd/Cad.
The current resistance level of 1.0820 was tested at the end of the day Friday and the next level of resistance will be 1.000 level. If we see the price open above the or move above the 1.0820 look f... Continue reading ...
When reading articles from experienced forex traders trying to teach you something, you normally only hear about how this one was a winner and that one made you 500 pips. Well, here's a spanner in the works - here's how things can go wrong too, because it happens to all of us and it's part of trading. If you want to be a good trader, you're going to need to be able to deal with losses, sometimes big or very frustrating losses. So, here's my story from Friday tra... Continue reading ...
Posted by Casey Stubbs on Wednesday, October 21, 2009,
In :
Trade opportunities
The Eur/Usd has finally hit 1.5000 I actually mentioned this quite a while back in this post here. So now we are finally here, what happens from here? The current up trend has been very strong and that could continue for a long, long time. However I recently heard one person comment and say that the war is not over yet. It appears that every one and everything is against the Dollar right now. So how could the Dollar make a comeback?
Posted by Casey Stubbs on Tuesday, October 20, 2009,
In :
Trade opportunities
The pair is in a long up trend and has recently broken a trendline to indicate that a new trend could possible be developing. Of course there is always a resistance level here or a support level there that can stop the progress. This is no different today as the upwards movement on the Pound Dollar will be challenged at the 1.6470 level. If the pair can break through that level we can expect this current upward trend to continue.
4 hr chart *Note Click on the chart to learn about a trading s... Continue reading ...
Posted by Casey Stubbs on Saturday, October 17, 2009,
In :
Trade opportunities
The Pound was on a tear last week and the price gained rapidly over 700 pips in a 3 day period. All I can say about that is wow. I wish I would have had that trade going. Well say no more. The pair has stalled and it has shown some reversal candle signals and now we are waiting to go short and what is our price target? It is greater than 700 pips away, actually the target is 1000 pips. So you can be apart of this weeks most profitable traders if the trade works in our favor.
Posted by Casey Stubbs on Saturday, October 10, 2009,
In :
Trade opportunities
In trading on Friday the Eur/Usd didn't make it to the previous high of 1.4842 instead it turned at 1.4818 and went south rather quickly. That indicates to me that the Dollar could make a comeback over the next week. There is some important news reports to watch this week. Before trading this week make sure you read the Weekly Forex Outlook at Forex Crunch. This will give you all the important news updates that will impact the currencies during the upcoming week.
First of all: Casey made a great call on the double-top reversal of the GBP/USD today. The move is not over yet, the bear is still jumping out of the window (so to speak), and we expect it to move somewhat lower yet. This move is another great example of identifying and using fractals, so that is what this article will concentrate on.
Here's a 3hr chart (very similar to a 4hr) of the GBP/USD over the last couple of weeks:
Posted by Casey Stubbs on Thursday, October 8, 2009,
In :
Trade opportunities
I normally write about the Eur/Usd but here is a great opportunity that I could not pass up sharing with you all. There is a double top chart pattern forming.
The resistance level of 1.6125 on Sept 30 2009 is being approached right now. This is a key resistance level as the Pound attempts to break out of the current down trend that it is currently trading in. If this fails the price could go all the way down to 1.5850 and beyond.
If the price breaks through the top we could see a target of 1.6... Continue reading ...
Posted by Casey Stubbs on Tuesday, October 6, 2009,
In :
Trade opportunities
The pair has been bullish the past couple of days as yesterday the Eur/Usd bounced off a key support level of 1.4480. After that the pair has move back up rather quickly and we could see a retest of the previous highat 1.4842. So the way to trade this is to look for a break of the 1.4842 level and at that point the target is 1.5000 a key Physicological level.
4 hr chart * note the click the chart to learn about the system.
This bullish trend could continue for a while so be certain to look for ... Continue reading ...
This was a strong week for the dollar. This week the unemployment news was worse than expectedand the unemployment rate which was a contributing factor to dollar weakness. Read about how this current lack of jobs in the United States is hurting a possible economic recovery.
Before we begin to look at the charts lets get ourselves familiar with what economic news is coming up this week by reading the weekly forex update at Forex Crunch. The PMI is supposed to climb above 50 indicating an expand... Continue reading ...
Posted by Casey Stubbs on Thursday, October 1, 2009,
In :
Trade opportunities
The Dollar has gained ground in today's trading but the momentum stopped when the pair hit the 1.4527 support levels. Mixed news on unemployment and manufacturing did not give the pair any clear direction. The lack of positive information is assisting the dollar because of fears that the recovery is not happening as expected. The current trend is down so keep looking for down trades until the trend changes.
The current resistance on a 4 hr chart is 1.4676 and the current support is .14525 Thi... Continue reading ...
Posted by Casey Stubbs on Tuesday, September 29, 2009,
In :
Trade opportunities
Today's movement in the Eur/Usd was small and not much room for trading unless you are a scalper. My system did not come up with any trades today. That's ok because I will be patient and when the market moves I will take advantage and make some big pips. :)
The current support held up at 1.4527 which we bounced off of and that was close to a .500 Fibonacci Retracement level. There is a descending triangle forming and if we break out of that we could drop to the next support level at 1.4475 or... Continue reading ...
Posted by Casey Stubbs on Tuesday, September 29, 2009,
In :
Trading Strategy
This is part of me helping my traders. In my last survey the traders said they wanted strategies so here is a new strategy that we can test. Remember try it out on demo before going live. Comment on what you think about it.
This Strategy was posted by Erik Kanters @ Traders Home.
The Slingshot Strategy
Pairs to trade with this strategy: -EUR/USD
Chart setup: -1 hour candlestick chart -10 period EMA using the high price -10 period EMA using the close price -10 period EMA using the low price
Posted by Casey Stubbs on Saturday, September 26, 2009,
In :
Trade opportunities
After the tremendous movement in the Eur/Usd we have seen some slowdown in the upwards movement and we have a support and resistance channel that has been formed that will offer traders easily identifiable trade entry points.
4hr Chart *note click the chart to learn about trading software.
On the 4hr chart we can see that we tested the 1.4840 resistance area twice and we have also traded the 1.4600 support area twice. The pair is in about a 200 pip trading range and there could be some nice ra... Continue reading ...
Today my trading was successful as I traded for +20 pips on one trade during the NY Session. I have included a screenshot of my trading journal I just started sharing this information on this blog last week. I wanted for traders to understand the importance of a trading log. All traders should have a trading log so they can figure out if their trading strategy is working.
Winners Edge Traders Survey I recently had a survey to my subscribers and they overwhelmingly told me to provide strategies... Continue reading ...
Posted by Casey Stubbs on Sunday, September 20, 2009,
In :
Trade opportunities
The Eur/Usd passed the important resistance level last week which is a major bullish indicator and the next target is 1.4835 which was the price on September 21, 2008.
However we have had two straight weeks of moving straight up and it is time for a pull back to happen this week.
The most recent support level has been at 1.4650 and 1.14515. In addition to support and resistance levels we can look at the 4Hr chart and see the Fibonacci retracement levels to watch if there is a pullback.
Posted by Casey Stubbs on Wednesday, September 16, 2009,
In :
Trade opportunities
Today the Eur/Usd made it to the much anticipated 1.4720 resistance area and slightly higher. The pair faced strong resistance at that point and did not break through. Many traders are on the sidelines right now waiting for news and for a clear direction of which way the pair will go from here. Check the Forex Crunch for the upcoming news in the forex market.
The strong run the Euro has had in the last two weeks has been going strong and there is talk among traders of a retracement as selling ... Continue reading ...
Posted by Casey Stubbs on Monday, September 14, 2009,
In :
Trade opportunities
Yesterday, I wrote about the doji on the Eur/Usd at the end of the week. I mentioned that if after the doji we had another down candle we would be out of the uptrend for a short period of time and we could go short.
What actually happened was that we moved down to the 1.4500 support level and then there was a bounce that moved up.
I was watching and waiting for the bounce or break through. Since a bounce occured I looked at the charts and made a long entry at 1.4590. I could have gone in soon... Continue reading ...
Posted by Casey Stubbs on Sunday, September 13, 2009,
In :
Trade opportunities
Today we will be looking at two trading strategies one is the Eur/Usd that I would like to discuss and the other is by one of my active readers, Patrick who has contributed to the blog quite alot so thanks Patrick for helping so much.
First we will discuss Patrick trade strategy that he kindly shared with us:
Hey fellow traders. I think the hardest part of trading is actually pulling the trigger whether to ge in or out of a trade. I start with a very simple setup, bollinger bands, pivot points ... Continue reading ...
Posted by Casey Stubbs on Friday, September 11, 2009,
In :
Trade opportunities
Hello,
Traders how are you all doing? I hope grabbing some pips as I have this week. I am doing quite well except I had to rewrite this blog post because I accidently hit the cancle button. I was working on it for an hour and it was quite good. I wanted to cry.
Anyhow get up, dust myself off and start moving again, if that is the worst thing that happens to me tonight I am a blessed man.
Traders this blog is for you and I want to hear what you have to say. Send me your best trade idea and setup... Continue reading ...
Posted by Casey Stubbs on Wednesday, September 9, 2009,
In :
Trade opportunities
After making a strong breakout of the trading range yesterday the Eur/Usd now has a target of 1.4700 which is the new resistance level. The support level is 1.4450 and 1.400
If the target resistance level of .4700 is taken out the target price would be 1.4856 which was hit on September 21, 2008 Which you can see I circled that on the daily chart.
Daily Chart * note clicking on the chart will show you information for a premier charting system
Posted by Casey Stubbs on Tuesday, September 8, 2009,
In :
Trade opportunities
The Eur/Usd tested the trading range early this morning. That would be a bullish signal that indicates that we may see more gains for the Euro to come in the near future. The price stopped moving right at the 1.4448 resistance level that was created on August 4th, 2009
4HR Chart *Note Clicking on the chart will show your our trading software
Right now, the new support is the 1.4400 so we should be looking for a bounce off of that support to retest the 1.4448 resistance level. If the price brea... Continue reading ...
Posted by Casey Stubbs on Saturday, September 5, 2009,
In :
Trade opportunities
This week the Eur/Usd stayed in a tight trading range without breaking out. The range for the week was a high of 1.4380 and a low of 1.4178 So those are the key support and resistance levels that we all need to be watching this week.
This week is a holiday for the U.S. so trading will be light on Monday and you might want to stay on the sidelines because of light volume. I will be taking that day off as well I am going on a picnic with my family.
Posted by Casey Stubbs on Wednesday, September 2, 2009,
In :
Trade opportunities
This range is being stubborn and the price does not want to break out. We dropped below the 1.4200 to hit 1.4179 but the pair bounced out quickly so that was a false break.
Even though the range is stubborn we have had some good opportunities for profits on bounces off support levels.
I want to clarify something for everyone here: When I do technical analysis and I put on a bear flag or ascending triangle like I did yesterday. I do not by any means for someone to enter a trade before the actu... Continue reading ...
Posted by Casey Stubbs on Tuesday, September 1, 2009,
In :
Trade opportunities
It pays to wait until the time is right instead of forcing the trade.
In yesterday's trade update I described the channel that the Eur/Usd is moving in right now and I drew an ascending triangle and stated that when the price broke out of the triangle to make a trade. Today the price broke, I made a trade and it worked exactly as I wrote earlier.
I love it when that happens, for two reasons is it helps all of you and it helps me :)
4hr chart *Note clicking on the chart shows our trading softwa... Continue reading ...
The Eur/Usd move 88 pips from market open at 9:00 am until it's peak at 1:00 pm est time. That is not that big of a move today but you could have entered for a short profit. After the pair reversed around the1.4300 area.
We have been experiencing range trading conditions since July 15th when the pair crossed over to 1.4050 since that date the range has been 1.4050 to 1.4450 exactly 400 pip range. Now the pair is not always moving the full 400 pips. There is a smaller tighter range within the 4... Continue reading ...
Posted by Casey Stubbs on Saturday, August 29, 2009,
In :
Trade opportunities
Forex Trading
It is great to be able to write another post this week. I hope that this article will assist traders in getting an idea of how to trade this week.
The Eur/Usd traded in a small range last week. The trading analysis I wrote in last weeks post has not changed much, because the pair bounced off of the 1.4400 resistance level and the 1.4200 support level.
Since we were trading in such a tight range we should see a breakout soon, it might be this coming week or next week. One thing to n... Continue reading ...
We just had a good week trading the Eur/Usd and I think that we are headed for some more great moves coming this week and beyond. Yohay writes that forex trading slows down in the month of August and we should see some more volume in September.
On Monday we have key levels that the Eur/Usd will be challenging, and if we break the resistance levels we may see some big moves.
For resistance levels we have 1.4377, 1.4448 and 1.4721 both of those levels are key and if we see them broken we could se... Continue reading ...
Posted by Casey Stubbs on Saturday, August 15, 2009,
In :
Trading Strategy
The trading strategies I have been sharing lately has been quite popular and many have been asking for more so, I am going to share a moving average strategy with a video.
This strategy is from Forex Strategy Secrets Revealed, this excellent website by Edward Revy has many great strategies he shares from this website I just discovered. There is also an excellent charting package available that has a great strategy built in and right now you can get an instant download for free.
Getting ready for trading this week we see the Eur/Usd had a large pull back from the highs but was that just consolidating. One way to find out is to watch the .618 Fibonacci which is where the downward price moved to on Friday. That was at about 1.4166.
So keep your eye at the current support level and that will be an indicator as to which way the pair will move. We could see a bounce off of the fibo level or we could go through that to see more downward movement on the Euro. This could be ... Continue reading ...
Tuesday should be another good day for trading the Eur/Usd, What am I talking about every day is a good day for trading :)
We have seen some great upward price action for the Euro and the best traders always ride the trend until it stops. So we had some big gains yesterday and I look for them to continue. It appears that we have a bull flag forming which indicates more future gains.
The pending homes sales number should be a big news event today and I would think if there is good number there w... Continue reading ...
Friday ended with some bullish price action for the Euro. The previous high was 1.4302 so we should watch that level very closely. We could see some consolidation at this level or the pair could go through the last high off of the momentum on Friday and there could be an upward trend forming.
Either way watch the 1.4302 level because that is the key resistance level to watch on Monday. If the pair goes through the 1.4302 area the target is 1.4386. If the pair pulls back watch the p... Continue reading ...
Posted by Casey Stubbs on Monday, July 13, 2009,
In :
Trading Strategy
Yesterday I gave a winning Forex Trading Strategy, today I am making my first trade with this strategy.
It is 11:05 PM Est Eur/Usd
We tested the resistance level of 1.3973 and bounce off of it I believe we are headed down to the next support level of 1.3891
I just entered at 1.3950 I have a stop at above the resistance level at 1.3979 with at target of 1.3891
I will adjust the stop forward as I gain profit but I will not move it back. I opened two lots and I will keep the other lot with no limi... Continue reading ...
The Eur/Usd is has been range trading for a couple of days and that is good for trading as the range has been about 150 pips. That makes it easier to identify the entry and exit points.
Right now the pair is testing the 1.3900 support level and if the pair bounces off that we could see continued range trading. However, I believe that the pair will eventually break to the downside so I am watching the support levels and waiting to get in short for a longer trade.
The pair is looking like a bear flag. The resistance is 1.4029 and the support is 1.3929. I am looking for the pair to challenge the resistance level and break to the downside. I will enter short after the pair tests the 1.4029 resistance level and bounces down. With a target of 1.3929 after that my target to the downside will be 1.3884
The chart pattern is telling me that the pair is a bear flag and the fundamentals are saying risk aversion is making the Dollar strong right... Continue reading ...
The Non Farms payroll report today was worse than expected which indicates that the economy might not be turning around like most analysts were predicting.
The 1.4000 level has been tested several times and is being tested again right now. So if the support level holds up this is a good time to buy or if the price breaks this could be a good time to sell.
In the Eur/Usd there is an ascending triangle forming which is a bullish signal. Currently the pair is heading to test the support level on the bottom trendline.
Watch the bottom trendline for a bounce off of that line around the 1.4050 level. After the bounce look for the pair to retest the 1.4200 level. If the 1.4200 resistance level gets broken look for a target of 1.4342.
If the bottom trendline support level does not hold look for downside targets of 1.4000 and 1.3900
Posted by Casey Stubbs on Wednesday, June 24, 2009,
In :
Trade opportunities
Casey Stubbs-- Winners Edge Trading
The Euro made a huge move upwards yesterday, which created great trading opportunies for those traders that were ready when the move took place.
That is one of the most difficult points of trading which no one talks about that much and that is that the trader must be ready to pull the trigger when the trade is ready to happen. The key for me is to be in front of the charts at a certain time each day and that way I will be ready any time a trade materializes ... Continue reading ...
Posted by Casey Stubbs on Wednesday, June 17, 2009,
In :
Trade opportunities
The Eur/Usd has been in a tight trading range since yesterday the pair has challenged the 1.3930 resistance level 3 times. The pair has challenged the support level of 1.3800 twice.
Watch those levels in your trading, if the resistance level of 1.3930 gets broken look for a target of 1.4100. If the support level of 1.3800 gets broken look for a target of 1.3750.
The news to watch is the unemployment claims report coming out tomorrow. If none of these levels are broken by then that could be a g... Continue reading ...
To answer my own question, I don't know. What do you think, I can see the future. No, only God can do that. However, I will give a good idea on how to trade it.
There was some recent news that supported Dollar Strength but we will see.
Right now there is a key support that has been tested several times in the last couple of days at 1.3976 and if we break that we could see a down move to 1.3900 where there is a previous support and if that continues we could see 1.3800.
Today when the US Unemployment data came out and the number was way better than any one expected the Dollar gained verses the Euro. The Dollar was up verses every currency today because of the positive report. The numbers of only - 345k non farm unemployment claims signals that the U.S. economy is doing much recovering and at a rate no one expected.
But Wait! that is good news but what the report does not tell you about the number of people that have been trying to find work and cannot. After ... Continue reading ...
Last week we saw the Euro make a correction and then push forward making new recent highs. So this could be another exciting week with more gains coming for the euro.
However due to profit taking there could be a correction in the Euro before we see any more gains. The first target level I have on the Euro is 1.4237 then after that is a key resistance level at 1.4363
Support levels for this pair are 1.4050 and 1.3800
Yohay wrote on Forex Crunch in his weekly update that the Dollar will be weak... Continue reading ...
Last week started slowly as I got stopped out of a Usd/JPY trade at -30 pips but after that I had a great week.
Check out yesterdays post and you can see where my entrances were. I made 160 pips on the Eur/Usd and 120 pips on the Usd/Chf and 100 pips on Usd/Jpy. That was all today. That is what I like about days like this I had a slow week and then I made enough pips on one day for the whole week.
The total for the week was +350 pips
I hope some of you were able to trade along with me. If ther...
Yesterday I spoke of the Usd/Chf and I said that if the price didn't break the 1.950 level that I would be looking at the 1.800 area. That was what happend the price stopped around 1.955 and then it reversed and headed down. I was actually looking for the price to break but it doesn't matter because I don't trade on what I think will happen I trade on what the market does so I did not enter long as I was planning on. So I did not make a bad trade because I followed my rules.
The Usd/Chf has been moving down for quite some time. Now the pair is in a range pattern as if deciding if the downward should continue or if there could be a pull back here shortly.
I am watching this pair closely to see if the pair could make a retracement. The chart is showing some strong support at the 1.0800 level and we are just off of that now at 1.0939. The pair is currently at a resistance level and if that is broken. The next resistance level to watch is at 1.1044
I have many confirming indicators to help me in this trade. This is a forex trading strategy that I learned from a forex class I took a while back and it has been successful for me. The key is to use proper risk management and only risk a 2% stake in your trading account. So if you are trading keep your trades small and that way you will grow your account instead of blowing... Continue reading ...
I only made one trade this week and that was plenty because I entered the Euro at 1.3596 and I am still in the trade at 1.4000. That is a total of 400 pips which is all I need on one week.
I am going to continue to ride this trade until we see a pull back which I believe should come very soon. However we have a critical restistance level at 1.4720 hit on December 17, 2008. I think the pair should head to that level soon. I would look for a pull bac... Continue reading ...
The Eur/Usd is getting ready to challenge the resistance level of 1.3740 which was hit on March 19 2009. There is ascending triangle chart pattern forming which indicates that we could be ready to break thisThis level was challenged again on May 12 but the pair failed to pass through but instead bounced down. The pair is now getting ready make a move on this key resistance level again in the near future.
The Eur has slowed it recent gains on the dollar recently. However most analysts are predicting that this is a consolodation period and that more gains could come in the near future. There could be a period of ranging before we see any major moves.
Watch the 1.3670 level closely if that breaks we could see a major up move.
The Euro gained verses the Dollar in todays trading. This has been the pattern lately as the trend for the Euro has turned bullish since last week. This has been an extremely profitable week if you went long the Euro.
I would anticipate future gains for the Euro with targets at 1.3550 and 1.3700 and a long term target of 1.4700. As the momentum and anticipation of a bull run for the US markets continues to gain steam. I would watch for the Dolla... Continue reading ...
The Euro has just broken the trendline in a bullish move today after positive news in for housing starts. This is an opportunity for traders to take a long position with a stop just below the trend line. The new support is the top side of the trendwall on the daily chart.
The next target is the resistance area of 1.3740 we will see over the next couple of days if this new trend will be able to establish itself. And take out any important res... Continue reading ...
Last weeks trading for this pair was in a range of 300 pips for the coming week we have two strong levels that could give an indication of which way this pair will be heading in the future.
The resistance level to watch for next week is 1.3740 If the US Economy recovers and the stock market continues it's gains than I think that we will surpass this level in the next week and possibly move to the target of 1.4000
When a key resistance level like this comes along it is time for traders to pay attention.
The dollar hit a key technical and mental resistance level this morning just short of 100.00. The price hit 99.79 and the price has stalled and has been struggling to break 100.00. Watch the 100.00 level closely if the price beats that level we could see more gains. This is the third time that this technical level has been tested the first time was o... Continue reading ...
The Eur has been been moving sideways of late we will see if the pair moves back to challenge the earlier highs set.
Here are the daily resistance and support levels.
Currency
Sup 2
Sup 1
Spot
Res 1
Res 2
EUR/USD
1.3113
1.3174
1.3245
1.3343
1.3592
Check the lower trend line on the chart if that gets broken to the downside we could see more dollar gains. If there is a bounce off of the trend line we could s...
This morning the news to watch is new home sales. If the number is better than expected we could see a move in the Euro or if the number is worse than expected I think the Dollar could move higher. This is because of risk aversion and traders putting money in the Dollar because it is viewed as a safe haven.
The key support level to watch in this mornings trading is 1.3414 if the pair breaks this we could see more lows.
The Eur/Usd: is currently at 1.3541 and is looking to challenge the resistance level of 1.3649 the pair just challenged the support level of 1.2500 and if that lower level breaks we could see a target of 1.3423.
The Euro (EUR) was mixed as profit taking hampered further gains and the market asked questions about the next move the ECB will make. Both cutting rates or QE from the ECB will lead to Euro weakness and may cap gains on the back of this equity rally C... Continue reading ...
This past week was a wild ride for the Eur/Usd as the pair had more price action last week than we have seen for some time. This week ended with Euro gains for the third consecutive week.
Will the Euro continue to move against the Dollar this week?
Their are several factors to consider to help us see what is happening with this currency pair. The first factor is that despite the large moves for the Euro last week lets not forget that we are still in the midst... Continue reading ...
The Euro had a huge move today and passed several key resistance levels in a few hours. The pair was reacting to a statement by the FOMC and positve moves in the U.S. stock market.
So where do we go from here?
We are still have not hit the .50% retracement level on the daily chart from the high of 1.4700 in December of 2008. I would watch the .50% level and expect the pair to bounce off of that and move back down to more lows.
Eur/Usd - currently trading at 1.2834 and there was early corrections at the beginning of the Asian session. The current support levels are at 1.2755, 1.2720 and then 1.2680
The resistance levels at 1.2898, 1.2946 and 1.3000.
Usd/Jpy– Japanese yen is moving to the downside, and is challenging 97.00 to test the 96.60 level. Resistances from will be at 97.40, 97.87 and above 98.20.
Gbp/Usd – The Pair has rebounded off of lows, and is above 1.386... Continue reading ...
The Euro has been gaining verses the Dollar and has surpassed several resistance levels. The pair is currently challenging the 1.2824 level and if the price goes through that we could see upward target of 1.2899.
If the pair does not break the 1.2824 we have support levels at 1.2700 and 1.2615
The majority of traders have been buying the Euro lately as 59% of traders are long right now. According to the Daily FX website.
So a contrarian point of view would signal more Eur/Usd losses. In addition the current pivot point position of 1.2680 and chart patterns are also indicating more Eur/Usd losses.
The resistance level to watch right now is the 1.2680 price point. If the price goes through that level we could see some temporary bullish...
The Usd/Cad has been challenging the 1.3000 resistance level for the 4th time in the past few months. Reading chart patterns is great way to find trade entry points. The quadruple top chart pattern indicates that there will be losses coming if the resistance level is not broken.
Also, the more times a resistance or support level is challenged the stronger it becomes. This 1.3000 level is a major resistance of techincal and mental l... Continue reading ...
In the Asian session the Euro slid and the pair broke the support level of 1.2500 and went to 1.2456. The London and NY sessions were both strong for the Euro as the pair rebounded up to 1.2658.
The US Stock market had gains today as a rebound because of the severe losses in recent weeks. The Euro responded in line with the US Stock market.
The pair did not break any major resistance levels. There is a channel heading down on the dail...
The Eur/Usd is bearish again today with a 75 pip loss from open to close on the NY session. The current reading is currently neutral because the pair did not cross below the support of 1.2500. Watch the 1.2500 level and if the pair crosses below that expect more losses.
The 1.2650 level is a key resistance point to watch and if the pair crosses that point we could see some more bullish movement.
This slow moving consolidation period is just the build up for some large moves ahead and all the indications on the technical charts say that the Dollar is getting ready to explode. First the indication is the large lag that the market opened much lower on Sunday than when it closed on Friday. Another indication is that the resistance level of 1.2630 has not been taken out. The price approached that level twice and bounce off of th... Continue reading ...
Whether you are a long term trader, a swing trader, or a day trader it is a good idea to look at what the big picture. So I thought I would take a look today at the monthly Eur/Usd charts and see what we find.
When you get a different perspective on things if opens up new insights and opportunities. Everyone has been talking about the Dollar strength how we are in a long term bearish move on the Euro. However when you look at a monthly c... Continue reading ...
The Dollar has been gaining strength in early morning trading breaking below the support of 1.2700 and the current position is showing a bear flag and the pair is approaching the support area of 1.2600
This pair is looking to test the lows made ealier this month and we might possiblly see which direction the pair is going to be headed. If the low support levels don't get broken we could possibly continue the range trading conditions which we... Continue reading ...
The Eur/Usd currency pair has been in a range trade from the very significant levels of 1.3000 to 1.2500. The market is unsure of which way to go given all of the bad economic news all over the world. As a result we have just been going back and forth until momentum begins to move one way or another. I cannot say what is going to happen as the economic world is uncertain right now and seems to become more so everyday.
The Dollar has had an incredible run lately and the strength looks to continue. The resistance level is 100.00 which was last hit in October of 2008. There is also an earlier resistance level at 98.92 which is the current .50 Fibonnacci retracement level.
The Euro/Usd Has reached a point where the pair has not had any clear direction in the past few trading sessions. However now we are forming a Descending triangle which usually indicates a further move to the downside. So watch for the pair to break out of the triangle.
Posted by Casey Sheldon on Tuesday, February 24, 2009,
In :
Trade opportunities
Feb, 24 2009 10:08 Am est
The Dollar gained strength after the CB Consumer Confidence news announcement came in at 25. The number expected was 35.5 so that was well below the expected estimate which indicates that the confidence of consumers is dropping extremely fast.
The result of this news was that the Dollar immediately gained strength against most currency pairs. The current price on the Eur/Usd is 1.2726 with the price challenging the 1.2700 support level.
The Euro lost value in today's trading as investors bought the Dollar because of profit taking off of Fridays gains for the Euro.
The pair is currently testing the key support level of 1.2700 if the pair bounces of that level we could see further gains. Or if the pair goes through that level. We could see a downside target of 1.2550 again. Watch those levels then look for entries to find good trades.
The week ended with a bang with a huge move with the Euro gaining 250 pips on the day. Is this a bull move for the Euro or just a correction in the current downward trend? What caused such a move and so fast? One report said that as the price begin to move higher the price was hitting stop losses which ignited a buying frenzy in the Euro. I tend to believe that because where else would all that money to move the Euro higher come in al...
Today the Euro gained against the Dollar on a larger than expected unemployement announcement this morning. In the past that would have sent the Dollar higher because of risk aversion. Today, however the dollar lost strength even with the negative news report. I would attribute move today as a pull back from the Dollars earlier gains this week. You can see from the chart below that todays gains hit the. 382 level on a Fibona... Continue reading ...
Today we saw slight weakness in the Euro today after a strong downward move yesterday. The pair has slowly moved down and now is moving in a small range with not much movement. One of the possible reasons for the lack of direction in the pair is confusion for traders as to where to invest thier money. The economic news is terrible, the Euro news is bad and the Dollar news is bad. Traders right now have no way based on fundamentals to d...
Posted by Casey Sheldon on Wednesday, February 18, 2009,
In :
Trade opportunities
February 17, 2009 10:35 PM Est
Casey Stubbs- Winners Edge Trading
The Euro weakend verses the dollar and broke key support levels. The next support level is1.2550 at which point the next target level is 1.2331 this is a key support level which the market hit back in October. The key resistance levels to watch are 1.2722. If the price moves past the 1.2722 the targets will be 1.2825 and 1.2937. Due to the break of the key support level I am anticipating a move to test the 1.2550 and a drop belo...
Early in the Asian Session The Eur/Usd broke the key support of 1.2700 other pairs such as the Usd/Chf also broke key resistance levels. So now look for a trend to develop with these pairs. Look for the Euro to continue to lose ground to the 1.2500 level in the European Session. Watch how the market reacts to the German ZEW Economic Sentiment which is to be released at 5 am est time.
Posted by Casey Sheldon on Monday, February 16, 2009,
In :
Trade opportunities
Monday- Feb, 16 2009 3:00 pm Est
Light activity in todays trading because of the U.S. holiday resulted on little movement in the pair in todays trading. We can see the wedge that has formed which usually indicates that the pair will break lower. Right now as I right this the pair is at 1.2767 moving downward to the support level of 1.2700. Watch this level, this has been a strong support and a break of this level could lead the pair to the 1.2500 support level. Also watch for abounce off of ... Continue reading ...
Early Monday Morning Trading has seen the Usd/Chf advance moving upward to the previous resistance level of 1.1783 if the pair breaks through that level look to go long with a target of 1.1927
The Euro is still trading in the range it was in last week. This has been two full weeks of consolidation trading for the Eur/Usd. The resistance level is at 1.3091 while the support for this pair is 1.2705. How long will this range continue to hold. Because of the stability of this price range over the past couple of weeks traders that have a range trading strategy have been seeing some good profits. Moving average strategies do not...
The Asian Session had a large run for the Euro Vs. the Dollar. The start of the Asian trading session had the Euro testing the 1.2700 support but when the price got near that level the Euro turned quickly gaining strength and about 150 pips to challenge the 1.2950 resistance level.
The pair has not been trending but trading in a range for 9 days. The large amount of economic data has not been able to move this pair out of the ra...
Tomorrow is a big day for news on the dollar as there will be 3 reports coming out. Those news reports will be an indicator of which way the U.S economy is heading into deeper recession. The pair has been moving in a price range for more than a week. The support level is 1.2700 and the resistance level is at 1.3093. We will see how the euro will react when the news comes out and if the news will be strong enough to push the pair out... Continue reading ...
This pair has been trading in a range for 9 days. Now this is called a sideways channel trade setup. In the image below we have a range that is between 1.3091 and 1.2704 that is a 300 pip range that while the support and resistances are holding you can range trade this to make good profits. Also, the is the big trade to watch, when the price breaks through the support or resistance than we could have some good momentum t... Continue reading ...
The Eur/Usd Pair repeated yesterdays activity almost exactly by running up to the resistance level of 1.3050 forming a double top in the two days trading. In the past two days the trading of this pair has been range trading as the range has been from 1.2700 to 1.3050. This range makes for good range trading strategies such as an RSI strategy or a Stochasitics strategy. The market can't seem to make up it's mind about which ...
Posted by Casey Sheldon on Tuesday, February 10, 2009,
In :
Trade opportunities
Monday- Feb, 9 2009 7:30 Est
The Euro had strong gains verses the dollar in todays trading and closed above key resistance levels. The pair is forming a bull flag pattern and could be ready to break out to the upside. The key support level is 1.2871 if the price bounces off of that level that could be an excellent opportunity to go long. The key resistance level is 1.2994 and 1.3094 .618 fib level. The 1.3094 is an important resistance if the price pushes through that we could see higher gain...
Posted by Casey Sheldon on Monday, February 9, 2009,
In :
Trade opportunities
The Euro has past the downward trend wall and the key resistance level of 1.3072. This break out could be a signal for more gains verses the dollar if the pair can hold that level the next target price for the pair is 1.3181.
Posted by Casey Sheldon on Saturday, February 7, 2009,
In :
Trade opportunities
Saturday February, 7 2009 2:37 PM EST. The Euro ended the week up for the first time in 5 weeks. Will that continue for the week ahead? It depends on several factors. The first factor to consider is the support and resistance levels that have been previously maintained. Last week the price bottomed out at 1.2700 which is going to be a key level of support next week. In Fridays Trading the pair attempted to close above 1.3000 but as soon as the price hit the 1.3000 resistance level the pair b...
Posted by Casey Sheldon on Friday, February 6, 2009,
In :
Trade opportunities
The market has been moving sideways as mixed economic data has been released this week. Todays trading moved the euro lower versus the dollar as key support levels were surpassed. The price still has yet breakout which would give us a clear indicator which way the price will be moving. The first level to watch will be the 1.2726 level if the price drops below that we have a target of 1.2672 If that is broken we could see 1.2500. So in your trading be watching these levels as they are good si... Continue reading ...
Posted by Casey Sheldon on Thursday, February 5, 2009,
In :
Trade opportunities
The Euro lost strength against the dollar to today and tested the 1.2800 level during today's New York Trading Session. The positive news that was announced took many traders by surprise as they were expecting the positive news to push the dollar lower because of risk aversion. However, the positive news sent the dollar stronger today.
Trading Levels
If the price of the pair drops below support of 1.2800 we have a target of 1.2700. If 1.2800 is tested and fails to drop and moves past...
Posted by Casey Sheldon on Wednesday, February 4, 2009,
In :
Trade opportunities
The Dollar today weakened today for the 3rd straight day as a positive housing report pushed prices of the dollar lower against the Euro. This could be the start of a upward move that if the price of the euro pushes past 1.3325 that could elevate the Euro to the 1.3900 level Or if the price hits resistance and moves lower that could signal gains for the dollar to 1.2500 and beyond. We will be watching the news tomorrow. If the Non Farms Employment change is better than expected that could pus... Continue reading ...
Posted by Casey Sheldon on Tuesday, January 27, 2009,
In :
Trade opportunities
Mondays Results:
The price went to the trend wall on the 4 hr chart it initially bounced of off the trend wall and then start to climb and it went right through it. So After it went through the trend line I went to a 1 hr chart and waited for the one hr candle to close above the trend wall. I was a little hesitant in making an order to the upside so I risked less than normal and only bought one lot.
However it went straight to the target of +100 pips
Posted by Casey Sheldon on Sunday, January 25, 2009,
In :
Trade opportunities
Friday I entered short at a low resistance level. However after my entry the price went back up and I was stopped out of all 3 positions.
Results were -55pips -75 pips -100 pips Total - 230 pips
However for the Week I was up again at a total of +364 So it was a profitable week. That is all I am looking for.
Mondays Trade Setup The price is currently in a channel which I have drawn the lines on my chart. I am anticipating the price to hit that channel wall and continue to slide.
Posted by Casey Sheldon on Monday, January 12, 2009,
In :
Trade opportunities
Today's Recap:
I opened 3 lots at 1.3300 and all got stopped out. The pair tested the 1.3300 support and did a false break and then bounce up. I got in two early I should have waited longer before a short entry.
Total For today -230 pips
Tuesdays Trade. Since we saw the bounce off of 1.3300 that is a bullish signal and we will be looking to go long around 1.3550
However if the price does drop we will watch that 1.3300 level again but this time watch for false breaks.
Posted by Casey Sheldon on Friday, January 9, 2009,
In :
Trade opportunities
No Trade today as the pair was range trading all day. There were some large moves however with my system I do not range trade I will only enter a trade when support or resistance levels are broken.
So the setup tomorrow is the same as today read my previous post to see the setup.
Posted by Casey Sheldon on Tuesday, January 6, 2009,
In :
Trade opportunities
Yesterday the trade went exactly as planned. I entered 3 lots at 1.3800 and on the first lot I set a limit of 55 pips to get a quick profit. The price dropped right through that like a hot knife through butter. My next lot I had a limit of 100 pips the price dropped through that quite easily as well. The third lot I let ride, the position is still open the stop right now is 1.3799 I have it set at +1 pips with a 210 pip trailing stop.
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.
Mark Thomas--
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.
