Archive for 'Random Noise'
Profit Mongers – Friday Trading Signal 09-03-2010
Posted on03. Sep, 2010 by Sir Pipsalot.
Hey folks,
EUR/USD continues to work out it’s potential topping pattern, but a final thrust higher near 1.2900 is likely before a selloff, so I would consider shorting EUR/USD in the 1.2870-1.2910 range if it gets there Friday.
USD/JPY is still a good short around 84.30 or higher as it plays a range and sets up hopefully [...]
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MT4 Spreads – Compare Broker Spreads
Posted on03. Sep, 2010 by Jakob.
MT4 Spreads is a new site somewhat similar to FXIntel which I have written about before. MT4 Spreads enables you to compare spreads from several different brokers in real time. The site is made in a cool web 2.0 style and the entire layout of the site gives you a very good overview. For those [...]
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Profit Mongers – Thursday Trading Signal 09-02-2010
Posted on02. Sep, 2010 by Sir Pipsalot.
Hey folks,
Risk appetite got a nice lift today, and while EUR/USD was able to benefit, USD/JPY remains contained around resistance. While I’ll probably be looking to sell EUR/USD sometime soon for a long term trade, I think USD/JPY is the better short here between 84.30 – 84.75 (now 84.36). I would short USD/JPY at market [...]
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Profit Mongers – Wednesday Trading Signal 09-01-2010
Posted on01. Sep, 2010 by Sir Pipsalot.
Hey folks,
Just a short update today as I have had a long night and need some rest.
EUR/USD and USD/JPY are somewhat inderminate as 2-way pressures exist at the moment.
EUR/GBP long hit my first target of 0.8280 today and may cool off a bit before a final run to or near my final 0.8600 TP.
In news [...]
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Forex Bullet Proof – Classic Marketing Stunt from the FAP Guys
Posted on31. Aug, 2010 by Jakob.
Forex Bullet Proof is a new expert advisor which will be released today, in a couple of hours. The creators of Forex Bullet Proof are the same guys who made FAP Turbo, so obviously the expectations are high. In addition to this, they have decided to make Forex Bullet Proof available for FXCM´s new Strategy [...]
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Profit Mongers – Friday Trading Signal 08-31-2010
Posted on31. Aug, 2010 by Sir Pipsalot.
Hey folks,
Just a short signal tonight as I do not have as much time as usual tonight. Check out my signals from Friday and Monday for more details on my biases.
EUR/USD may have topped at initial resistance just ahead of 1.2790, and I am bearish long term, but the retracement seems a bit shallow to [...]
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Profit Mongers – Friday Trading Signal 08-27-2010
Posted on27. Aug, 2010 by Sir Pipsalot.
Hey folks,
EUR/USD’s status is a bit indeterminate for me right now. I see multiple possibilities and conflicting near term outlooks, so I’m choosing to refrain from any bold calls today. I still plan to get short on EUR/USD long term when it seems like a corrective rally is topping, and that may even be the [...]
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Profit Mongers – Thursday Trading Signal 08-26-2010
Posted on26. Aug, 2010 by Sir Pipsalot.
Hey folks,
It seems the EUR/USD is making an attempt to bottom at the initial resistance I had forecasted around 1.2610. I was hoping that support would give way to a bit deeper support level around 1.2420 (or somewhere in between), but that hasn’t happened just yet. If we can get a deeper extention lower, we [...]
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Profit Mongers – Monday Trading Signal 08-23-2010
Posted on23. Aug, 2010 by Sir Pipsalot.
Hey folks,
EUR/USD managed a nice break lower Friday putting our Euro shorts in some solid profit, and while we may see a bit of retracement and consolidation, the window is open for the final push down to the 1.2420-1.2610 support region that I’ve been calling for for over a week now. In the meantime, for [...]
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Profit Mongers – Friday Trading Signal 08-20-2010
Posted on20. Aug, 2010 by Sir Pipsalot.
Hey folks,
EUR/USD managed to put in another bump up to 1.2900 for another resell and back down to 1.2800 today. There’s been some nice range trading there. A break north of 1.2925 will probably mean another 100-180 pips higher from there, but as long as it holds, the medium term odds are still pointed lower. [...]





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