VSA (analysis) on USDCAD: there has been a lot of demand at this price level, and the main trend is up, which is reflected in the background. The market is making lower lows though, and the prices are on the upper part of the trend channel which I consider an overextended market...
There are two fundamentally different ways of thinking about complex social systems: the economic approach and the engineering approach. The thinking about Ebola at the Centers for Disease Control reflects the engineering approach. The behavior of everyone else reflects the economic approach...
It’s Episode 299 of The Traders Podcast, where your host Rob Booker brings you a solocast with the theme of time. Rob reads an incredible e-mail that he received from a son of one of the listeners to this podcast. Rob asks how a trader treats the passage of time...
Our daily trading blog caught a nice move to the downside at 7:00 am this morning, check out the recorded video above! Every day brings us opportunities to trade either long or short using the Smart Money Trading Methodology...
This is a short video just to basically explain how to trade the daily outlooks that I post on my blog, allot of people have been confused, so I thought I’d just a quick video to go through it...
When you look at all the major currency pair you can see that they don't move towards the same direction during a trend some are bullish and some are bearish...
This image shows how the robot KiSunda predict and make transactions. YELLOW is the prediction BUY. WHITE is the prediction SELL. The first column (the leftmost column), is the profit that has happened. Column SELL H / L contains transaction (order) has been done by the robot...
Oct. 16, 2014: Pending short @ 105.50, sl @ 106.60, risk 95 pips. Oct. 28, 2014: Canceled order. Trend was reversed...
Top news of the week: all eyes on crude. What is the real motivation for Saudi Arabia to keep its production unchanged...
AUDUSD Today Dailt candle closing indicate Today Buying Opportunities. If 1st 4 hour candle close above 0.875 level, hope than Uptrend for next 3/4 4hour candle may Bulish. I think AUDUSD Buy above 0.8718 for 1st 0.878 & 0.882 level. See my D1 Chart...
1. Weak market background on the above timeframe (H4) 2. In the upper part of a down channel, short in a up bar with low volume. Place the stop loss above the nearest significant resistance. 3. Close on a strong bar, for a hefty amount of +1020 pips in a few hours! Analytical Trader...
October 15, 2014 En route to New York True story. One of our SMC members just received a package from HSBC giving him and his wife a deadline to comply with FATCA—US’ global tax law. As Canadians they’d long felt bad for Americans having to deal with the overbearing burden of FATCA...
Author: Chris Pottorff of FxKeys The Forex markets are tough. The main reason isn’t any kind of secret, nor is it some kind of system that has yet to be discovered by you...
When I was a full time currency strategist my job was to identify trends, trades and make forecasts about the direction of currencies, particularly the Aussie dollar against the US dollar and Aussie dollar on the crosses against the Yen, Euro and Pound...
Just completed a test to determine my "investor profile"... take these tests with a 'grain of salt'. The answers can vary depending upon your mood at the time of the test, and this can influence the investor profile determined for you. Enjoy...
D1 price is on bearish ranging between 1.2500 support and 1.2791 resistance levels...
It’s risky to short EURJPY now, should wait for prices to get more near the trendline at least and for further weakness. Analytical Trader...
Money managment or just a logical thinking ? How many of you can say : " i can earn constantly 10 dollar /euro per day !" The first question is of course if it is possible . My answer is deffinitely YES...
So lets have a look again on the picture and lets go step by step . What tell us : 1.candles 2.candle formations 3.Fibonacci retracement 4.Volume...
