Forex Trade Signals and Setups Jan 31st
GBPUSD – Dynamic Support Continues to Hold Quietly under the radar while daily ranges continue to contract in the Cable, the GBPUSD has been mounting an impressive run, albeit at a tortuga pace. Part of the reason it has been deceptive is because intraday volatility levels have shrunk in half since the start of the year as the Sterling is now reaching its lowest ATR levels in over 3+...
Read MoreForex Trade Signals and Setups Jan 30th
EURUSD – Two Bar Trading Range As we talked about last week for the Euro, the key resistance level was around the 1.3200 area. Price closed last week right on this key level which was a prior swing low for Nov. last year which you can see in the chart below. For this week, it started the week off selling on the open suggesting there are willing sellers here as the market pretty much sold...
Read MoreForex Trade Signals and Setups Jan. 26th
EURUSD – A Kiss off the Kumo Going two for two on the Euro this week, on our report just two days ago, we mentioned how traders should watch for the touch off the Kumo to sell this rally. True to form, the pair literally got 1pip from it, then rejected to virtually close right where it opened. Although its a bull close on the day, this is the first strong rejection to the upside in all...
Read MoreBuilding A Successful Trading Mentality While Removing Limiting Beliefs
This is the second part to our last article on Awareness, Negative Habits and Concentration in Trading. It is designed to help you remove any limiting/negative beliefs which may be holding you back, while building a successful trading mentality. Remembering Back In the beginning of our trading ventures, we become aware of the new possibilities that await us: Working for ourselves Working from...
Read MoreForex Trade Signals and Setups Jan 25th – Chris Capre
Market Commentary: With Bernanke raising the white flag and admitting he really has no tools left to deal with the US economy, he stated during the press conference they will likely keep rates close to Zero till 2014. This is almost akin to them admitting the only play the fed has left is CTRL + P (e.g. print money). In essence, QE 3.0 (or 2.5 or whatever). This woke the markets up with...
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