TradeProfits

Win a Forex Mastermind Mentoring Course from Henry Liu

Posted on 22. Jun, 2010 by Jakob.

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Henry Liu, the author of Newsprofiteer and now also the creator of the Forex Mastermind Mentoring Homestudy Course is giving you a chance to win a free copy of this course which normally is sold at a price of $2897.00. Henry is one trader who I truly admire, and he is definitely more conservative on [...]

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MyFxBook – New Stats and Strategy section

Posted on 21. Jun, 2010 by Jakob.

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MyFxBook is constantly updating their site with new features. Last time I wrote about them they started a contest section as well as a review section. Now they have added a new feature to the performance tracking – the hourly statistics. This allows you to track your trades from the following 4 different comparison metrics:
- Winning [...]

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Profit Mongers – Monday Trading Signal 06-21-2010

Posted on 21. Jun, 2010 by Sir Pipsalot.

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Hey folks,
The EUR/USD gapped up early Sunday hitting my 1.2450 target area, then selling off. If anyone put their TP or a sell order around 1.2450, it looks like it was an ideal placing. It sold off about 80 points from there, so hopefully if you got short you took some profits. There may be [...]

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Profit Mongers – Friday Trading Signal 06-18-2010

Posted on 18. Jun, 2010 by Sir Pipsalot.

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Hey folks,
EUR/USD managed to hold on despite looking a bit iffy yesterday and worked to new highs now up over 1.2400. With the rally maturing, I’d consider a short around 1.2450 that will be a solid short term trade, but could work on longer timeframes depending on the setup. Friday could be setting up to [...]

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TheForexSignals – Q&A

Posted on 17. Jun, 2010 by Jakob.

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A couple of days ago I wrote a post about Tom Strignano´s new service named TheForexSignals. You can read it here. Tom was kind enough to drop a comment explaining some issues from the past; you might want to check that out. Anyhow, Tom Strignano is launching his new service in a couple of hours [...]

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Profit Mongers – ThursdayTrading Signal 06-17-2010

Posted on 17. Jun, 2010 by Sir Pipsalot.

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Hey folks,
EUR/USD has managed to make another dip, but this time the price action doesn’t seem quite as encouraging. At this point I’d refrain from buying on this dip and tighten up any SL’s on longs just below 1.2250. I expected a EUR/USD rally to 1.2450 based on it being the next important major resistance [...]

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Profit Mongers – Wednesday Trading Signal 06-10-2010

Posted on 16. Jun, 2010 by Sir Pipsalot.

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Hey folks,
EUR/USD did manage a dip and a subsequent rally to new highs, so there was good opportunity to get long last night and see quite a bit of profit so far. I’ve you’re long EUR/USD from any point this week based on my views, you should probably take some profits here in the 1.2300’s [...]

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Profit Mongers – ThursdayTrading Signal 06-10-2010

Posted on 10. Jun, 2010 by Sir Pipsalot.

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Hey guys,
EUR/USD managed to rally very nicely as high as 1.2073 yesterday off the 1.1930-1.1950 area where I called a long when I put out yesterday’s signal. While we’re seeing another pullback, I believe it’s very possibly just another buying opportunity, so I’d hang on for another higher high if you’re still long, or if [...]

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ForexMentorPro – Review

Posted on 09. Jun, 2010 by Jakob.

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Some time ago I wrote a preview of Dean Saunders and Marc Walton´s new service ForexMentorPro (Read it here). As most of you probably know, I have tried pretty much all of Dean Saunders trading systems and strategies. There is pretty much only one thing which I dislike and that is his use of hyped [...]

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Profit Mongers – WednesdayTrading Signal 06-09-2010

Posted on 09. Jun, 2010 by Sir Pipsalot.

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Hey guys,
It looks like we’ve showed enough bottom forming to encourage buying EUR/USD on dips. In fact, a long here now at 1.1950 with a 100 pip SL and 150 pip TP looks alright as it is starting to channel with higher lows and higher highs with that run above 1.2000 today.
On stocks, it looks [...]