December 1, 2009 · Leave a Comment
The EUR/USD gapped up 47 pips at the open of the new session. This triggered a gap trade. The GBP/USD gapped up 34 pips at the open of the new session. This triggered a short gap trade. The USD/JPY has a long pending pivot trade. The EUR/USD has a pending short trade and a new pending long trade. The GBP/USD has a pending long trade. There is a pending long trade in the USD/CHF. There are no significant news announcements being released tomorrow. Therefore, there are no mover’s trades for tomorrow. Members login to... [Read the full story]
July 1, 2009 · Leave a Comment
For those of you that know me, you know that I like to trade inside bars. I believe that inside bars have an edge that can be traded to make money in the Forex market. Recently, I read an article about a setup that used inside bars. The setup looked for three higher highs, three higher closes, and then an inside bar to trigger a long trade. When trading to the down side the set was the opposite, looking for three lower lows, three lower closes, and an inside bar. We tested this idea on the day and four hour time frame. We... [Read the full story]
August 27, 2010 · Leave a Comment
Another week has come and gone, and the news had plenty of financial stories to look at, even if the number of major reports released was on the relatively low side. Home sales plunged to their lowest numbers in 15 years in the United States, and several companies released less than cheery profit reports. However this is not completely across the board, as there were several companies who reported larger than expected earnings as well. However, news seems to be trending more and more pessimistic as many workers are... [Read the full story]
March 11, 2009 · 3 Comments
Our training webinars currently include a twelve part webinar series on Technical Analysis. This includes an intro to technical analysis, markets, market flow, charts and trends, confirmation, moving averages, bar chart patterns, point and figure, cycles, behavioral techniques, day trading, and system testing. Each training session is about an hour long. In the near future we will be adding a webinar series on Fundamental Analysis and System Development. To start your training just put in your name and email address below.... [Read the full story]
Aug 30- Sept 03, 2010 Date Time* Currency Event Actual Forecast Previous Tues Aug 31 3:55 AM EUR German Unemployment Change (AUG) -17K -20K -21K - 8:30 AM CAD Quarterly... [Read more]
Moving averages are one of the most basic and widely used series of indicators by technical analysts of the Forex market. Moving averages are used to confirm existing trends,... [Read more]