The Euro Sell-Off And Market Forecasting [View article]
Hi IIJM, I"m sorry if my work comes off a bit technical, it's primarily written for my students -- http://www.trading-u.com -- who have have studied the method behind it.
Skyzer, I'm a trader, and I teach trading. I'm not an economist. My job is to make money by trading, and show my cleints the same. The key is making money. I'm confident that when the time comes we will also be able to benefit from a weaker dollar also. But in this current environment the path of least resistance in making money is long the Greenback. Better to make money than argue w/ the market.
The Most Influential Chart On The Screens [View article]
Hi Abegaz, certainly we can't rule out a correction in either usdjpy or stocks...it's likely safe to say if we have a correction in one we will see it in the other.
Profitable Trading: Show Me The Numbers [View instapost]
Hi Guys, Jsf, I disagree, when you incorporate R:R as a filter it improves your winning percentage. We are doing some great work in using Risk Tolerance Threshold Levels to not only identify trade set-ups, but then use the RTT levels in the opposite direction for profit targets, with the risk having to be inline w/ that 1.4 ot 1.5. We are seeing that by not taking the trades when the R:R doens't justify it we are avodiing losers. hard to describe out side a live demonsration...
I agree Kangiwa, and the Aussie is not in the U.S. Dollar index so a strong Greenback does not mean a weak Aussie by default. Both currencies can continue to strengthen...
I agree Kangiwa, and the Aussie is not in the U.S. Dollar index so a strong Greenback does not mean a weak Aussie by default. Both currencies can continue to strengthen...
Does AUDUSD April Seasonal Spell Break-Out? [View instapost]
Hi Kevin, Very tough business participating in counter-trend trades. Better to lose one's opinion not their money. IN early March we were taking sell signals in Aussie, now we are taking buy signals...not sentimental about either side...
The Euro Sell-Off And Market Forecasting [View article]
I"m sorry if my work comes off a bit technical, it's primarily written for my students -- http://www.trading-u.com -- who have have studied the method behind it.
The Euro Sell-Off And Market Forecasting [View article]
Yes the Euro has secondary support down to 126, while the majority of patterns are bearish.
Sea Change Move Lower For Euro [View instapost]
I'm a trader, and I teach trading. I'm not an economist. My job is to make money by trading, and show my cleints the same. The key is making money. I'm confident that when the time comes we will also be able to benefit from a weaker dollar also. But in this current environment the path of least resistance in making money is long the Greenback. Better to make money than argue w/ the market.
Sea Change Move Lower For Euro [View instapost]
Doesn't matter when, only that Fed will most likely be first to reel it in. Europe is just starting QE.
The Most Influential Chart On The Screens [View article]
The Most Influential Chart On The Screens [View article]
Aussie In, Gold Out [View instapost]
Aussie In, Gold Out [View instapost]
NO! The opposite. Find what works and stick to it!
Profitable Trading: Show Me The Numbers [View instapost]
Jsf, I disagree, when you incorporate R:R as a filter it improves your winning percentage. We are doing some great work in using Risk Tolerance Threshold Levels to not only identify trade set-ups, but then use the RTT levels in the opposite direction for profit targets, with the risk having to be inline w/ that 1.4 ot 1.5. We are seeing that by not taking the trades when the R:R doens't justify it we are avodiing losers. hard to describe out side a live demonsration...
USDJPY Still Balanced On Support Ahead Of BOJ Statement [View instapost]
Australian Dollar Matches March High [View instapost]
Australian Dollar Matches March High [View instapost]
Does AUDUSD April Seasonal Spell Break-Out? [View instapost]
Very tough business participating in counter-trend trades. Better to lose one's opinion not their money. IN early March we were taking sell signals in Aussie, now we are taking buy signals...not sentimental about either side...
Does AUDUSD April Seasonal Spell Break-Out? [View instapost]
I agree
I Am A Trader: Six Stages To Trading Success [View instapost]