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]
July 23, 2010 · Leave a Comment
Another week has passed, and for many nations this one was one of those rare quiet times when traders actually had some time to take a breath. That could all change pending the results of the European Union’s publishing of bank stress test results on Friday evening, but overall this has been a fairly quiet week in regards to releasing large economic reports that impact the Forex market. In corporate news, Ford is bouncing back nicely in the U.S. and showing profits again, and the government is selling off more of its... [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]
July 26- July 30, 2010 Date Time* Currency Event Actual Forecast Previous Tues July 20 10:00 AM USD Consumer Confidence (JUL) 50.4 51.0 54.3 (R+) - - EUR German Consumer... [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]