Side ways market what too do
Posted on Thursday, April 29th, 2010 at 10:58 pm.
As you can see the USDJPY is a perfect time too use the method called the box trade and look for the break out and you can use the trading tool Magic stick for this situation. it’s very easy to trade this you put a line on the top using the buystart command and putting your stop loss at the last swing point on the bottom side as buysl command and buytp at the next weekly pivot point. On the bottom draw a line and put sellstart as the command and then put your stop accordingly and there you go you don’t have too stay up all night and wait for the confirming candle stick and let the magic stick do it’s thing. A friendly reminder make sure your computer doesn’t go into the sleep mode or if you have our virtual server you won’t have too worry about a thing just make sure magic stick is turned on and you see a smilely face and the magic show start.
Staying In the Profit
Posted on Thursday, April 29th, 2010 at 5:30 pm.
Dr. Blythe here,
Hi guys i just thought i would share some thoughts on staying profitable when trading in the Forex markets. I know the markets can be cruel and it is very hard to get your start and stay consistently profitable. Some things i like to tell people that are just getting started are first make sure to find a few trade types that you personally feel comfortable with and stick to them. There is no sense in trying to trade live with trade types that you are unfamiliar with or have not traded demo with or back tested. The second thing and one of the most important things is to make sure that you are not trading with larger lot sizes then your account can margin. Only risk a small percentage of your account at any given time. I will use no more than 5 percent at one time. That could also be over multiple trades. I do not like to use all of my margin on one trade, simply because you can miss out on other opportunities. I hope that helps. Happy Trading.
Becoming Successful in the Forex Market
Posted on Thursday, April 29th, 2010 at 1:01 pm.
You will hear this over and over again money management is one of the most important concepts you will hear in trading. As you can image in forex robots, forex education, or even forex trading tools the magic stick will do all of these things and you can set your trading tool up and make money while sleeping. In my experience it’s never been this easy to become consistent in profit in trading. We make it really easy for all traders around the world to benefit from the forex education as well as the trading tool we provide. Trading with the Forex magic stick is now the number 1 trading tool for 4xcircle.com watch the videos and you will see why.
Retrace and then consolidates what is best to do
Posted on Tuesday, April 27th, 2010 at 11:04 pm.
Forex is a market where you are able to see big moves and you probably say them today. One thing to consider by trading Forex is that when you are trading and when you best feel the market fits the setups that you are looking for. You need to make sure of a few things understanding volitality, Behavior patterns, and time they move the least and most. It’s always best to trade the obvious this is a principle that Jesse Livermore talked about when we was trading stocks back in the 1920′s and was able to make over 200 million dollars in his trading career. It’s best to understand that you really don’t have to trade every day trade when you feel the best about the market and when the market moves and make sense too trade. So look for the EURUSD and the USDCHF to break out side of their consolidation you can cheat by using magic stick.
The Trade happened
Posted on Tuesday, April 27th, 2010 at 6:09 am.
Trade did what we expected and if you were using magic stick on the GBPUSD you woulde be up about 80 pips. It’s amazing how easy it is too use especially when you can’t stay awake during london session. I personally use Forex.com for one of my brokers and exciting to see how accurate we have been hitting our take profit points. We do have some major fundamental news to happen here soon. I do expect alot of the YEN pairs to continue the drop and consistently dropping through out the day. All we hear is great feed back about magic stick giving the traders time to sleep and not having to worry about missing these big moves.
The New Week of trading
Posted on Monday, April 26th, 2010 at 7:09 am.
The amazing thing with Forex magic stick if you have it drawn and turned on for the new week to start and breaks the line it’s ready too go. Trading Forex with this tool has relieved alot of stress for tons of traders. This week in Forex probably will be an exciting week in trade because alot of pair are at some major levels or just recently just broken their major levels. We are looking for alot great trade opportunities so get ready to use magic stick and make some money.
EUR gain strength over night
Posted on Friday, April 23rd, 2010 at 2:33 am.
It’s amazing when you use magic stick and look for the commitment of the market of what direction it’s going it make it easier for trader that understand support and resistance and trendlines. The hardest thing for traders it too stay in front of the computer for the signal to get in and especially for everyone around the world. People sleep don’t they???? Well that is why magic stick is here to make sure you are able to take advantage of the market and look for that commit or other words make money while sleeping. I’m excited to say forex circle has really made a difference in the world of trading. Forex with the fundamentals, technical analysis and expert advisers. Now if you compare the forex magic stick with any robot there is amazing difference. Things change in the market daily what robot can you adjust to todays economy???? I would just say 1 that is right magic stick. We have done the research to know that all robot can work but depends on what market conditions. We are delivering a concepts that has worked in the 1920′s and now and also for the future traders.
New Home Sales
Posted on Thursday, April 22nd, 2010 at 9:16 pm.
Dr. Blythe here,
The New Home Sales announcement is coming out tomorrow morning. We aware that the forex markets related to the US dollar can really move as the news breaks. The news announcement comes out at 10:00 am Eastern time. Happy Trading.
Fundamentals come into play this AM
Posted on Thursday, April 22nd, 2010 at 3:11 pm.
Alot of the Fundamentals have come into play and has focus the EURUSD drop and continuing the downward trend. And then looking at the USDCHF doing the exact same but going on the uptrend. Forex market having some big moves today and alot of the fundamentals are coming into play. Trading with the Major trend and your the trend is your friend is what they always say. Trading with correct money management as well so for those that are using magic stick and trading with this tool will help you manage your trade which alot of us will experiment emotions in the market.
YEN is Dropping like a ROCK
Posted on Wednesday, April 21st, 2010 at 6:42 pm.
All the Yen currency pairs are dropping we are looking for it to drop down all night until it hits a major resistance level. Those that have the magic stick should be happy because it should of kick you in the trade and making you some mad pips. Trading the Jpy pair there is alot more volitality involved so those that are in the market with the pros should see some really good results.
