TradeProfits

TradeProfits Update

Posted on 03. Jun, 2009 by admin in Random Noise

A lot of things are happening in the forex market these days, and unfortunately I am still in the middle of a bunch of exams, so I am not able to keep myself or you guys updated with a lot of information. The EUR/USD sure has been into a heavy rally in the last couple of days. Trending days like these are perfect for the main system I prefer to trade, so I have been getting some good entries lately. My latest trade was about two hours ago, when I went long on the GBP/USD, when it broke out of its range. So far I am up around 50 pips. I will wait and see what happens. It sure feels like this rally must begin to lose momentum, but looking at the spike up we had yesterday on the EUR/USD, it seems like it is never-ending. Stick to the rule and follow the trend, and you should have been able to make a lot of pips in the last couple of days.

Yesterday I had the first of my three exams, and the next one will be in a week. So right now I should be reading finance and management accounting, rather than writing blog posts. In about two weeks I will be all done, for this semester, and I look forward to get back into the forex game.

As always, the commercial side of forex is booming like always. At least my inbox is. A bunch of new commercial products have and will be launched, and there are a couple of free things to be aware of as well. First of all, I am getting a lot of information about this new product Forex Trend 2.0 from John Chen. Apparently he has released another product some years ago called The Profitable Forex Trend System. I don’t know anything about his old product, and not much about the upcoming one. But it sure is being heavy promoted. The product is not released yet, but if you go to the sales page, you will find some different things which you download for free, so you will get a feel of what is coming. Forex Trend 2.0 will be released on June 9th and I will be looking more into it when we get there.

On Monday June 6th Forex4Noobs is hosting the 5 Day Forex Blitz. I don’t have a lot of information about this but if you look at the signup page, you will see that this includes five webinars, email tips, three Q&A sessions, educational videos, etc. So I guess this is a perfect way to start out, if you are new to the forex market. This seems to be a free event, and you can sign up here. I will not be participating in this event, due to the aforementioned tight schedule which I have at the moment.

However, there is another free webinar which I really would like to attend. If time is on my side, I will. This event is hosted by the guys from ForexTradersDaily.com which also offers several different forex related services. The webinar will be hosted on Thursday June 4th by the guest speaker Britt Maras. Britt has posted signals on ForexTradersDaily before, and these have been very accurate. If you got the time, I definitely suggest that you join in, to get some good ideas. This should be well worth the time! Join this free webinar here.

The Pennystocking guru Timothys Sykes has released three educational videos detailing the aspects of pennystocks pump and dumps. If you don’t have his educational DVD’s I suggest you take a look at these videos to get an idea of what you can expect. Check it out.

Lastly as you might have seen, I have added a popup, when a new visitor enters TradeProfits.net, so people have the option to signup for my newsletter. I can imagine some of you hate it, and others might find it ok. Please let me knwo what you think. This is an experiment, so if it turns out to be a bad idea, I might decide to remove it again.

Then there is a bunch of new EA’s out, but I have not had time to read much about them. When I have finished all these exams, I will look more into it. To be continued.

Related posts:

1. TradeProfits Update
2. Trend Forex 2.0 – New Lows from Advertisers
3. Triad Formula Webinar
4. Correlation Code Webinar with Jason Fielder
5. Tom Strignano´s FxSignals Update

Tags: Forex Trend 2.0, forex4noobs, ForexTradersDaily, John Chen, pennystocks, Timothy Sykes