I did not do these today, a friend of mine who I taught my system came up with the weights today. I'm feeling very run down and am going to sleep through the night and probably just trade the trends that are strongest when I wake up. Sorry no specific buy/sell prices tonight but just use Fib retracement levels, weekly/monthly highs/lows and pivots. It's not rocket science, once you have likely trend direction the price to buy/sell at is the easy part. Best of luck, see you all Monday. Score Predict Buys GBP/CAD 0.54 0.5 EUR/CAD 0.52 0.6 GBP/USD 0.52 0.6 EUR/USD 0.51 0.55 USD/CAD 0.51 0.55 Sells EUR/GBP 0.5 0.45 NZD/USD 0.48 0.45 AUD/USD 0.47 0.45 GBP/JPY 0.46 0.4 USD/CHF 0.46 0.45 EUR/JPY 0.45 0.4 USD/JPY 0.44 0.4 CAD/JPY 0.42 0.4 NZD/JPY 0.42 0.35 AUD/JPY 0.41 0.4
EUR/GBP Buy .8925 EUR/JPY Light buy 123.37 to 123.00, heavy at 122.50 NZD/JPY Buy 48.61 to 48.50 EUR/CAD Buy 1.6200 to 1.6183 EUR/USD Buy 1.2550 to 1.2543 and 1.2517 to 1.2500 NZD/USD Buy Breakout over 0.5047 and .4962 USD/JPY Buy 97.47 to 97.24 and buy 96.75 AUD/JPY Buy small size 61.92 to 61.50 USD/CAD Buy 1.2815 to 1.2800 if not too weak and buy 1.2746 CAD/JPY AUD/USD Sell .6468 GBP/JPY Sell 139.87 to 140.00 GBP/CAD GBP/USD Sell 1.4172 to 1.4200 USD/CHF Sell 1.6650 to 1.6666
No I don't have a website. Much of what I do I can't reveal however the actual entry methods are easy. Wait for a strong uptrend and then buy pullbacks. Wait for a strong downtrend and then short rallys. I draw trendlines and when trendline broken I enter as you can see in many of the pictures. One of the best tools for finding the individual currencies trending is the FX Multimap. So if EUR is trending up against 100% of pairs and has 30 to 40 FX Multimap strength and USD is weak and trending down against 80 to 100% of pairs and has -30 to -40 weakness than wait for a small down move in EUR/USD and draw trendline off the highs and buy breakout of trendline. Don't wait for bar close the second price goes over trendline buy with stop under that swing's low.
fibs work because of traders scaling and and scaling out of trades - - not directly because of a fibonacci projection
hey amytrader - - how do we learn to do what you do with the currency projections? I am willing to pay or to trade info, etc. - - whatever works for you... TIA
As you've probably seen I am not a teacher and don't have a website. I'm just a professional trader and really am busy outside of trading hours with my life and family and have zero interest in teaching other than giving tips in here for free. I've pretty much told in my posts so far how ANYBODY can learn to trade. 1) Learn Support/Resistance Levels by using Fibs, Fib Targets, Monthly and Weekly Pivot points and previous weeks/months highs/lows. 2) Find a trend tool you can believe in. I use TopGun's FX Multimap and FX Power Index. I've yet to find trend tools that even compare to these as they are comparing 26 currency pairs to find the % of trends and intensity of trends. It's genius. I'd still make money without it because my support/resistance levels are based on #1 above and I've been trading profitably for many years before I got TopGun but it definitely keeps me OUT of bad trades I would have taken before and also helps me find trades I wouldn't have ever found with my earlier methods. 3) Buy/Sell at Hourly Moving Avg. This method alone makes money. 4) Use trendline for precise entry into trends. Wait for pullback and draw trendline off highs to buy and below lows to sell. Simple and avoids a ton of losing trades! That's my advice. I really don't want the hasstle of teaching traders and feel it would interfere with my life too much.