Archive for 'Random Noise'
Trading Forex – EUR/USD Ready for Further Downside
Posted on 20. Jan, 2012 by Jakob.
Trading Forex – Market Outlook for January 20th 2012. EUR/USD has been trading higher all week long. It has surged from a low around 1.2620 on Monday to a new high today around the 1.2970 level. This is a move of more than 300 pips to the upside which without a doubt will make a lot of trades question new lows in a near future. There has been a lot of buzz that traders should now start to look for long positions on this particular pair. I think the move up we have seen this week is nothing more than a pullback due to profit taking. Since the end of October 2011, the pair has plummeted by more than 1500 pips so a pullback is only a natural reaction to such a massive move.
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EUR/USD and Non Farm Payroll
Posted on 05. Jan, 2012 by Jakob.
Going through the different time zones on a chart can be a really healthy choice every now and then; this is specially true if you have been starring at the 5-minute chart all day long. Yesterday we have had a really good move down on EUR/USD and today we will get the first Non Farm Payroll numbers for 2012 which could cause some volatile moves in the market, so make sure to play it safe.
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Forex Arbitrage – Now Available
Posted on 07. Dec, 2011 by Jakob.
I have mentioned Forex Arbitrage a couple of times now, and yesterday it was finally released. All the key points have been highlighted in the previous posts, and I urge you to read it, or simply head over to Forex Arbitrage right now and have a closer look at this awesome software.
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Million Dollar Pips – Forward Test Discontinued
Posted on 07. Dec, 2011 by Jakob.
I started to live test the new EA Million Dollar Pips close to one month ago. Since then, performance has gone in one direction only – Down. You can read the details of the setup here Million Dollar Pips – Live Test Running.
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Trading Forex – Perfect Trade but Still in Range
Posted on 06. Dec, 2011 by Jakob.
In yesterday’s post Trading Forex – EUR/USD after NFP I mentioned a good possible short trade on EUR/USD around the 1.3460 level if we got a 4-hour reversal candlestick formation. We got a perfect formation, close to a pin-bar and I took a short trade at the close of the 4-hour candle with an entry at 1.34628 with an initial 50 pip stop loss. The trade is currently 90 pips in profit and I am keeping a close eye on this trade around London open. Post a comment below if you had a chance to get in on this trade.
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Forex Arbitrage – Test the Free Demo
Posted on 05. Dec, 2011 by Jakob.
I have mentioned Forex Arbitrage a couple of times now, and I must admit that this thing simply gets better and better. This is some of the best stuff I have seen in a long time. You are now able to download a free demo version of Forex Arbitrage and test it in real time to see the kind of results you can expect from this.
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Trading Forex – EUR/USD after NFP
Posted on 05. Dec, 2011 by Jakob.
The latest trade I mentioned was back on Thursday December 1st, where I wrote a blog post saying there was a good possible trade on EUR/USD if you took a long around 1.3450 with a 50 pip stop loss. If you took this trade, you should have been able to grab close to 100 pips in total.
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MyFxBook – Track Your Goals
Posted on 04. Dec, 2011 by Jakob.
MyFxBook is my favorite site when it comes to analyzing historical performance. FxStat is another great site and they are doing a great job with new features but for now, my preferred choice is MyFxBook. You can read more about social forex sites right here.
MyFxBook continues to improve their site with awesome features and today I just got an email from them, telling me they have added yet another feature to an already amazing site.
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Forex Arbitrage – This is Interesting
Posted on 01. Dec, 2011 by Jakob.
Forex Arbitrage is comming out soon and while waiting for the markets to calm down, lets take a closer look at this new system.
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Trading Forex – EUR/USD Massive Correction
Posted on 01. Dec, 2011 by Jakob.
In yesterday’s post Trading Forex – Perfect 1.3440 Re-Test, I mentioned the possibility for a short trade, and early in yesterday´s London session, I took a short trade with a 50 pip stop loss. The trade came up to around 60 pips of profit, so hopefully those of you who were in on the trade had a chance to move stop loss to break even. Once news hit the wire about the coordinated action from central banks, I got stopped out at break even. Yesterday’s price action is a perfect reminder that we should always make sure to have a stop loss in place when taking any trades.
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7 Tips & Tricks For Trading Forex
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Trading Forex – EUR/USD Up or Down?
- Forex Signals on Twitter
- Don Steinitz’s HAS MTF Hedge EA = ForexRobotNoLoss?
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mt4pips.com – A new Site from the BabyPips family
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Kerry Kormos: Oh and in addition to my last comment....my wife h...
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sree: www.forexpeacearmy.com website is scam site, no he...
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Joel: Hi, i started out great with Million Dollar Pips o...
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Joan: Think about http://www.fxbook.org/ if you want to ...
