Archive for 'Random Noise'
GBP/USD Breaking the Neckline
Posted on 10. Feb, 2012 by Jakob.
Cable has been trading in a strong bullish trend almost for a month now. The bullish trend has been trading higher in a fairly tight channel, which was broken yesterday indicating possible downside. In addition to this, the pair crossed the two EMA´s I monitor on the 4-Hour chart, which give us another indication. Another thing to note on the 4-Hour time frame, is the skewed head and shoulder formation, where the neckline just got broken to the downside as well.
Continue Reading
FXCM – Instant Deposits and Tablet Trading
Posted on 09. Feb, 2012 by Jakob.
FXCM improved their credit card funding procedure so for most credit cards, deposits will be instantly available in your FXCM trading account. I am not surprised this is a priority for FXCM and I am sure lots of clients will be pleased, with the ability to instantly fund their account. This is a tendency we see across the board, where brokers do what they can to minimize the hassle of account creation and duration of funding approval.
Continue Reading
Plimus Discontinues Forex Related products
Posted on 09. Feb, 2012 by Jakob.
Plimus along with Clickbank are probably the two largest affiliate networks out there, and they have been merchants for thousands of forex related products and services. As you all know, new forex related products are released on a daily basis; EA´s, trade room services, ebooks, strategies, indicators, videos, etc.
Continue Reading
MyFxBook – Compare Broker Spreads
Posted on 08. Feb, 2012 by Jakob.
MyFxBook now allows you to compare broker spreads, in real time from several different brokers; a really neat feature which you can try right here. The list currently counts 37 different brokers and 53 different currency pairs, and I am sure this will be a real eye-opener for a lot of traders.
Continue Reading
PivotFarm – More PowerZone Levels
Posted on 08. Feb, 2012 by Jakob.
The PowerZone levels from PivotFarm is one of my favorite tools, when it comes to trading the forex market. The power zone levels are support and resistance based on confluence and it works perfectly. PivotFarm power zone levels along with a couple of EMA´s is the only thing I use on my charts.
Continue Reading
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.
Continue Reading
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.
Continue Reading
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.
Continue Reading
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.
Continue Reading
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.
Continue Reading
-
7 Tips & Tricks For Trading Forex
-
Trading Forex – EUR/USD Up or Down?
- Forex Signals on Twitter
- Don Steinitz’s HAS MTF Hedge EA = ForexRobotNoLoss?
-
mt4pips.com – A new Site from the BabyPips family
-
zenfx: 90 is clearly a strong level in AUD/JPY, however I...
-
Charlie Clemett: We are still not able to connect with our IPhones ...
-
Cliff: Just got an unauthorized charge on my MC from Glob...
-
-
Andy: We have also been using PivotFarm now on our chart...
