When trading, what does everyone look for? Profits? Percentage growth? PIPs How quick can they buy a nicer car? The list is endless but what if we said the one thing we should look for is LONGEVITY in the markets. In order to achieve this and NOT be one of the 90% who blow their account within 90 days of opening their...Read More
Probably the most common question we receive is when to use limit orders or stop orders against going direct to market. Before going into this I wanted to give some context by talking about a EURCHF trade order we placed and the reasons why, citing an example of using a pending buy order. To receive our FREE...Read More
So another day in British politics and it seems we are even further away from a deal over Brexit than ever before. With Parliament expected to be suspended today and Angela Merkel telling Boris Johnson a deal is “overwhelmingly unlikely”, GBP has suffered, with some sharp moves to the downside. It is now sitting at...Read More
Today I wanted to bring your attention to how we look and analyse the markets, looking at in particular the Dollar Index (DXY) & Euro (EUR). On Tuesday 1st October we sent out the below video to our members via Telegram. We know with DXY it is heavily weighted against the Euro so...Read More
Today was all about patience. Come 9.30am this morning we saw little activity in the markets that took our interest, so we looked at the longer time frame opportunities turning to the 4 hour charts. Shortly after we sent out 3 trades for our VIP members. By showing patience and not entering the market it...Read More
AUDUSD Seasonal weakness set in from the start of the week as price broke the previous daily low and fell back in the weekly channel. Continue to look for intraday sell set ups this week. Daily traders wait for Phase 2 which is more likely to happen after another push by sellers this week. ...Read More
This week we have picked our top trading opportunities of the week, looking at DXY, EURUSD & USDCAD DXY Sellers pushed price down to the Daily 200 SMA and Monthly S2 Pivot as highlighted in last week’s analysis before pulling back into Daily Phase 2. Higher revisions in US retails sales data on Friday sent...Read More
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