Greek gets bailed out but the GBP CHF and EUR continue
Posted on Tuesday, May 4th, 2010 at 6:01 am.
Fundamental part of trading you may know that Greece has struggle with their financial end. We do expect the continuation with all pair and looking to gain alot of pips out of the market. Trading with amount that could possibly will double or even triple accounts. You can also use the trading tool that we promote the forex magic stick. In forex education you will learn the right things to know when too use the tool and why the tool works. Trading with forex magic stick the results are amazing looking at the audusd has dropped and looking at all these pair making some very big moves. Some people can’t trade during london let magic stick do it all for you.
Fill that Gap and going back to Normal conditions
Posted on Monday, April 12th, 2010 at 11:49 am.
A lot of forex traders don’t know what to do when they see a GAP in the market. The GAP in the market was caused by the Greece bail out and knowing anything trading against the EUR or the GBP and CHF would Gapped. So in situations like that you trade like you are filling the gap and make some easy points. What is going to happen next is we want the market to start to normalize before jumping in and assume a direction. The volume from the market at this current time is very slow during Sydney session. I expect that with the Asian market things will start to move and then when london rolls around we might see some really good setups in the Market.
huge moves what is going to happen next in the forex
Posted on Wednesday, March 24th, 2010 at 10:02 pm.
There was some really big moves in the forex this last london and new york session in the forex. Few things we are looking at is possible retracement or retest and continuation trades. What we are looking for the market to set something up for us or looking for candle patterns waiting for the market to pick a direction. Forex education is probably the most important thing right now because if you go out there and trade on your own possible to lose your live account is at 95% and when the markets are flat and have no direction most people still would trade. We are here to tell you what kind of market we are up against. Covering trade setups and execution is obviously the most important thing to make money in the forex.
Yen Consolidation
Posted on Tuesday, March 23rd, 2010 at 11:08 pm.
Dr. Blythe here,
How about the consolidation on the USD JPY currency pair over the past few weeks? The longer the market consolidates, usually the better the move on the other side will be. So keep your eyes on this pair. Also continue your forex education every chance to get by joining us in Chart Therapy for the open of the major sessions, London, New York and Tokyo.
Forex is Slow today in the markets
Posted on Tuesday, February 2nd, 2010 at 3:30 pm.
As you can see in the Forex markets after the new york session that markets has slowed down alot and creating flat markets. If you are a day trader you can draw a consolidation box on the high and low of the london and new york session with the currency pairs that don’t have any direction right now then look for a break out. Most pairs usually have this rythm at this time of the day because there is not alot of volume in the market. It’s really important that you can see either the main trend or having a good direction where the market is going. You want to stay away from flat markets you don’t want to put in a trade or add a position if there is nothing there. Forex markets should be picking up speed later tonight during the Asian session.
