TradeProfits

Daily Lesson # 3

Posted on 27. Feb, 2010 by Jakob.

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Click this picture to see a chart of the USD/JPY pair (Weekly timeframe).

First of all we can clearly see that this pair is in a downtrend, and since November 22nd has started to form a triangle pattern which is identified by the two trend lines. This wedge-shaped pattern is known to produce strong breakouts and [...]

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What’s So Special About This Chart?

Posted on 27. Feb, 2010 by David.

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This is a guest post by David Grandey from All About Trends – www.allabouttrends.net
It’s the NDX 100 Index off the 2007 peak. Does anything jump out at you? It should. Take a good look:

We’ve talked about ABC’s.
We’ve talked about Fibonacci levels.
We’ve talked about trend channels.
That’s a big picture chart. Now let’s zoom in and look [...]

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Daily Lesson # 2

Posted on 25. Feb, 2010 by Jakob.

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Click on the small picture below to see a one-hour chart of the EUR/USD. As you can see there was a perfect chance to enter on a short trade this night at the break of the drawn trend line. There are two places where the trend line is broken (just around 1.3515 – 1.3525) but [...]

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TradingMetro and Fx Dimensions – Get Paid to Trade

Posted on 25. Feb, 2010 by Jakob.

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I wrote about this back in 2007, and now it seems that the people behind TradingMetro and FxDimensions are one step closer to the actual launch of this project. The entire thing is really interesting, and I have already signed up for more information. Apparently you can be taken into consideration for a spot on [...]

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Bob Iaccino Seminar with Currensee this Friday

Posted on 25. Feb, 2010 by Jakob.

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I have written about Bob Iaccino several times before here on TradeProfits. I have been a member of one of his services Trader Outlook, which I really enjoyed. You can read my review here. Bob Iaccino is a skilled forex trader, and this upcoming Friday, you can join him when he is hosting a seminar [...]

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ForexFactory Market Data is Live

Posted on 24. Feb, 2010 by Jakob.

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ForexFactory has made another addition to their popular forex portal. On the main page, they have added a new market tab, which will take you to a site where you can see currency pair quotes. First of all, you can see all the major currency pairs, and in different time frames, but the innovative element [...]

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ZuluTrade On the Go

Posted on 24. Feb, 2010 by Jakob.

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ZuluTrade has been around for some time now and they constantly update their site with new features. Personally I think the look of their website is a bit confusing, specially the way you see the performance of their members. However, I guess it just takes a bit of time to understand everything. One thing is [...]

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Last Chance to Get Forex Hacking for $37

Posted on 23. Feb, 2010 by Jakob.

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Today it is one week since I launched my new book Forex Hacking. In this week I have been selling it at an introduction price of $37. This promotion will end tonight and I will raise the price up to $47. If you want to get a copy, I suggest you go ahead and buy [...]

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It´s All About Lower Highs and Pullback off Lows Patterns

Posted on 23. Feb, 2010 by David.

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This is a guest post by David Grandey from All About Trends – www.allabouttrends.net
As you can see Friday the indexes stopped cold on the 61.8% fibonacci level after an options expiration vertical assault up.

On Monday, the market may rise to fill the gap created in January and to retest that resistance level to see how [...]

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USDBOT Buzz – Another Scam?

Posted on 22. Feb, 2010 by admin.

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Some time ago, I wrote about a new EA here on TradeProfits called USDBOT. I spoke to this guy Mark Trenton (if that is his real name), and he promised to help me out with the launch of Forex Hacking, if I put an ad for USDBOT here on TradeProfits. However, after the launch of [...]