Join the James Dicks Financial Network’s senior traders as they give a detailed report of the day’s market activity as well as upcoming events and possible reactions.
Author: JDfn
Keywords: FOREX forex JDfn 4x day trading markets jdfn foreign currencies currency profits traders euro james dicks
Added: May 9, 2008
The USD/CAD is stuck in a tight trading range, but not for long. With crude oil prices cruising higher, something’s about to give in the Loonie. There are a couple of different ways to trade this set-up in the forex market.
Author: fxpnf
Keywords: forex trading strategies crude oil usd/cad canadian dollar online education
Added: May 9, 2008
After breaking some key levels of long term support recently, we had quite a few pairs sitting in consolidation type patterns pre-London. A closer look yielded some lower highs on the yens, and triangle patterns all over the place, so it seemed more of continuation than consolodation. Then it was a simple matter of determining what currency was the weakest at that time, and building a trade plan around that currency and the Japanese Yen. One quick glance at the majors told a clear story, British Pound Sterling, and the US Dollar were the weaklings of the night. So be it, so we look to short the GBP/JPY and USD/JPY pairs once we break our triangles. Sure enough, the Futures markets began to drop, the yen pairs broke the triangle and whalla, piptopia began. In this video I focus on the trade plan used on the GBP/JPY trade(s). I say trade(s) because depending on ones style you either held it once, or got in and out 3 times for upwards of 200+ pips in profit. We had several layers of support to get through such as daily pivots, Weekly S2 Pivot, trend lines, it was just a whole lot of fun. What looked very tricky and volatile on the 15m, was a waterfall on the hourly and above. In this trade plan we deal with a descending triangle, ‘riding the hourly 5 ema’, daily & weekly pivot points, key psychological levels (yay we broke 200.00 again!), multiple trend lines, Fibonacci retracements & extensions, divergence.. you name it we used it. Lovely trade, and once the Pound got even weaker on it’s own the GBP/CHF joined in the fun for a piptapulous London indeed, hope you caught a good bit of it as the Bootcampers did! Fitting way to end a great trading week, have a fantastic weekend!
Author: fxbootcamp
Keywords: GBP/JPY USD/JPY GBP/CHF descending triangle Fibonacci breakout retest pivots London Christian Stephens FXBootcamp Forex
Added: May 9, 2008
caÅy dzieÅ siedzi na gg i przeglÄ da TYLKO JEDNÄ strone w internecie: naszÄ -klase
Author: LancerOc
Keywords: dziecko neostrady nasza-klasa gadu-gadu uzależniony
Added: May 9, 2008
