EUR/USD Trade Setup (Dec 19)

The eur/usd has a buy setup forming on the 1hr. Look for a place to get long around 1.39 – 1.3850 OB. Trail stops on the short from  1.47 and manage the trade.

Cad update

After moving up about 80 pips from the first entry area the cad has moved lower. We just received another 1hr close on the low. The buy setup is still valid.

USD/CAD Trade Alert (Oct 29)

Notice the buy setup on the usd/cad. Price is at 1.2297. Let me know if you have any questions.

Trade Alert (10-09-08)

CT Trade: Look to sell the usd/cad around 1.15-1.1550. Remember to manage the trade and keep your risk low.

Trade Alert (Sept 29)

CT Trade: Look to buy the gbp/usd around 1.8050-1.8.

CT Trade: Look to buy the eur/jpy around 152 -151.50. Remember to manage the trade and keep the risk low.

Trade Alert Update (Sept 22)

The euro initially came down about 30 pips on the first try at the 1.47 handle. It has since pushed higher to 1.4865 into the NY close. Keep looking for an entry candle to get short. (IE. 4hr entry candle.) Please let me know if you have questions about the Rules of Engagement.

Trade Alert (Sept 22)

Trend Trade: Look to sell the eur/usd around 1.47-1.4750. Remember to manage the trade and keep the risk low.

Patience, patience, patience and more patience...

Note the extreme volatility in the market today. A lot of the pairs that shot up are coming right back down. We have to have patience and let the market settle down so it can form the right setups we are waiting for. Just because the market moves doesn't mean there is a setup or that we should be trading it. Understanding what is going on behind is key to being able to read a chart correctly. Be extra patient during these times and let the trade come to you. We only need one good trade.

Trade Alert (Sept 11)

CT Trade: Look to buy the eur/jpy around 148.50-1.48. Remember to manage the trade and keep the risk low. Follow the Rules of Engagement.

Trade Alert (Sept 10)

Look to buy the eur/usd around 1.4-1.3950. Remember to manage the trade and keep your risk low.

Stand Aside

The eur/aud isn't reacting as expected. Stand aside and let things settle down.

Trade Alert (Sept 2)

CT Trade: Look to short the eur/aud around 1.7350-1.74. Remember to manage the trade and keep your risk low.

GBP/USD Trade Alert (August 28)

Look to get long the gbp/usd around 1.8250-1.82. Remember to manage the trade and keep your risk low.

This setup is one trade you might want to let work for awhile and build up a position. There is a 500-700+ pip potential. This is one of the main setups we discussed in our member’s only webcast last Friday. If you still haven’t received the webcast recording, makes sure you request it today. If you have any questions, about The Rules of Engagement, please let me know.

Happy Trading!

Trade Alert (August 20)

CT Trade: Look to sell the eur/chf around 1.62-1.6250. Remember to manage the trade and keep your risk low.

GBP/USD Trade Alert (August 13)

CT Trade: Look to get long the gbp/usd around 1.8650-1.86. Remember to manage the trade and keep your risk low as the market is extremely volatile.

Forex Trade Alerts (August 6)

Here are some of the trade setups we discussed in the webinar tonight. Pick the one you like the best and focus on it. Remember to manage the trade and keep your risk low.

Trend Trade: Look to buy the aud/usd around .9150-.91
Trend Trade: Look to buy the aud/jpy around 98.50-98
Trend Trade: Look to buy the eur/usd around 1.54-1.5350

CT Trade: Look to sell the eur/aud around 169.16950
CT Trade: Look to sell the usd/cad around 1.0450-1.05
CT Trade: Look to buy the gbp/usd around 1.95-1.9450
CT Trade: Look to buy the nzd/usd around .72-.7150

GBP/USD Trade Alert (August 4)

CT Trade: Look to buy the gbp/usd around 1.96-1.9550. Remember to manage the trade and keep your risk low.

Trade Alert (July 31)

Trend Trade: Look to buy the aud/jpy around 101-100.50. NFP is on Friday. Remember to manage the trade and keep your risk low.

Trade Alert (July 30)

Trend Trade: Look to buy the aud/usd around 0.94-0.9350. Remember to use the candles to fine tune your entry. Manage the trade and keep your risk low.

Trade Alerts (July 29)

Trend Trade: Look to buy the eur/usd around 1.5550-1.55.

CT Trade: Look to buy the nzd/usd around 0.7350-0.73. Remember to manage the trade and keep your risk low.