Forex Trading Mentor

Free Forex Video - Trade Alerts Review 6-01-2010

2010-06-01T22:36:00.000-07:00

Dar She Blows!

2010-05-14T08:16:00.000-07:00

Head South!

2010-05-13T12:43:00.001-07:00

The eur/usd (1.2536), gbp/usd (1.4615) and eur/jpy (116.28) are all making a run for key support areas.

GBP/USD Update

2010-05-13T00:18:00.001-07:00

The gbp/usd held support at 1.4817. Waiting to see if it can make it back to resistance around 1.5050 OB.

Still not convinced the markets are heavily manipulated?

2010-05-12T21:08:00.001-07:00

EUR/USD Trade Setup (Dec 19)

2008-12-19T06:53:00.001-08:00

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

2008-10-29T10:13:00.001-07:00

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)

2008-10-29T08:05:00.001-07:00

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)

2008-10-09T09:09:00.001-07:00

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)

2008-09-29T00:48:00.001-07:00

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)

2008-09-22T13:08:00.001-07:00

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)

2008-09-22T08:34:00.001-07:00

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...

2008-09-17T14:15:00.001-07:00

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)

2008-09-11T05:00:00.001-07:00

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)

2008-09-10T08:57:00.001-07:00

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

Stand Aside

2008-09-02T01:21:00.001-07:00

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

Trade Alert (Sept 2)

2008-09-02T01:05:00.001-07:00

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)

2008-08-28T11:09:00.001-07:00

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)

2008-08-20T21:43:00.001-07:00

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)

2008-08-13T08:32:00.001-07:00

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)

2008-08-06T02:16:00.001-07:00

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)

2008-08-04T09:06:00.001-07:00

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)

2008-07-31T17:03:00.001-07:00

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)

2008-07-30T07:12:00.001-07:00

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)

2008-07-29T23:26:00.001-07:00

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.

Trade Alert (July 23)

2008-07-23T03:19:00.001-07:00

Trend Trade: Look to buy the eur/usd around 1.57-1.5650.

Trend Trade: Look to sell the usd/jpy around 108-108.50.

CT Trade: Look to buy the nzd/usd around 0.75-0.7450. Remember to manage the trade and keep your risk low.

Trade Alert (July 16)

2008-07-16T03:33:00.001-07:00

CT Trade: Look to get long the usd/jpy around 103.50-103. Remember to manage the trade and keep your risk low.

Consider taking profit on the eur/jpy short from the 169.50-170 area. Price is currently at 165.48.

Trade Alert (July 14)

2008-07-14T21:45:00.001-07:00

Trend Trade: Look to sell the gbp/usd around 2.0-2.0050.

CT Trade: Look to sell the eur/usd around 1.6-1.6050.

CT Trade: Look to sell the aud/usd around 0.9750-0.98.

Trend Trade: Look to sell the nzd/usd around 0.7650-0.77.

Pick the setup you like and focus on it. The eur/jpy short is still working. It’s a countertrend trade so remember to manage it. We could get a few more chances at the trade. Be patient and let the trade come to you. Remember to manage the trade and keep your risk low.

EUR/JPY Trade Alert (July 10)

2008-07-10T22:26:00.001-07:00

CT Trade: Look to sell the eur/jpy around 169.50-170. Remember to manage the trade and keep your risk low.

EUR/CAD Trade Alert (July 9)

2008-07-09T07:49:00.001-07:00

Trend Trade: Look to buy the eur/cad around 1.59-1.5850. Remember to manage the trade and keep your risk low.

NZD/USD Trade Alert (July 7)

2008-07-07T23:52:00.001-07:00

CT Trade: Look to buy the nzd/usd around 0.7450-0.74. Remember to manage the trade and keep your risk low.

New Trade Alerts (July 3)

2008-07-03T09:09:00.001-07:00

Trend Trade: Look to buy the eur/usd around 1.57-1.5650.
CT Trade: Look to buy the gbp/usd around 1.98-1.9750.
Remember to manage your trade and keep your risk low.

EUR/CAD Trade Alert (July 1)

2008-07-01T08:55:00.001-07:00

CT Trade: Look to sell the eur/cad around 1.6150-1.62. Follow the rules of engagement to time your entry, manage the trade and keep your risk low.

EUR/JPY Trade Alert (June 27)

2008-06-27T05:08:00.001-07:00

Trend Trade: Look to buy the eur/jpy around 167-166.50. Consider taking partial profit on the shorts from 169. Remember to manage your trade and keep your risk low.

EUR/JPY Trade Alert (6-25-08)

2008-06-25T11:36:00.001-07:00

CT Trade: Look to sell the eur/jpy around 169-169.5. Remember to manage your trade and keep your risk low.

GBP/USD Trade Alert (June 19)

2008-06-19T09:49:00.001-07:00

Trend Trade: Look to sell the gbp/usd around 1.9750-1.98. Remember to manage your trade and keep your risk low.

USD/JPY Trade Alert (June 18)

2008-06-18T23:48:00.001-07:00

CT Trade: Look to buy the usd/jpy around 107.50-107. Remember to manage your trade and keep your risk low.

EUR/USD Trade Alert (June 18th)

2008-06-18T13:39:00.001-07:00

CT Trade: Look to sell the aud/usd around 0.95-0.9550. Consider taking partial profit on longs from below.

AUD/USD Trade Alert (June 12)

2008-06-12T00:53:00.001-07:00

Trend Trade: Look to buy the aud/usd around 0.9350-0.93. Remember to manage the trade and keep your risk low.

NZD/USD Trade Alert (June 10)

2008-06-10T01:03:00.001-07:00

Trend Trade: Look to buy the nzd/usd around 0.7550-0.75. Remember to manage the trade and keep your risk low.

EUR/AUD Trade Alert (June 4)

2008-06-04T01:37:00.001-07:00

Countertrend Trade Alert: Look to buy the eur/aud around 1.61-1.6050. Remember to manage your trade and keep your risk low.

USD/CAD Trade Alert (June 3)

2008-06-03T19:04:00.001-07:00

Look to sell the usd/cad around 1.01-1.0150. Remember to manage the trade and keep your risk low.

GBP/USD Continuation

2008-05-31T10:25:00.001-07:00

If the cable can break out of this range, I would look for it to head towards 2.02-2.04 in the next few weeks.

EUR/USD Trade Update (May 28)

2008-05-28T23:15:00.001-07:00

The euro is coming down into the second Value Level of 1.56 ahead of the London session. Price will most likely head a bit lower since we didn't get the reaction we were looking for earlier. Keep looking for a place to get long around 1.5550-1.55. Remember to follow the rules of engagement to time your entry.

NZD/USD Trade Alert (May 28)

2008-05-28T02:11:00.001-07:00

Trend Trade Alert: Look to buy the nzd/usd around 0.7850-0.78. Remember to manage your trade.

GBP/USD Trade Alert (May 22)

2008-05-22T04:54:00.001-07:00

Look to sell the gbp/usd around 1.9850-1.99. Remember to manage the trade and keep your risk low.

EUR/USD Trade Alert (May 21)

2008-05-21T02:02:00.001-07:00

Look to sell the eur/usd around 1.5750-1.58. Remember to manage the trade and keep your risk low.

USD/JPY Trade Alert (May 20)

2008-05-20T07:02:00.001-07:00

Look to buy the usd/jpy around 103.50-103. Remember to manage the trade.

Trade Alert (May19)

2008-05-19T23:18:00.001-07:00

Look to sell the aud/usd around 0.96-0.9650.

Look to buy the eur/jpy around 161.50-161.

Remember to manage the trade and keep your risk low.

NZD/USD Trade Alert (May 14)

2008-05-14T16:15:00.001-07:00

Look to buy the nzd/usd around 0.7550-0.75. Remember to manage your trade.

USD/JPY Trade Alert (May 8)

2008-05-08T07:51:00.001-07:00

Look to buy the usd/jpy around 103.50-103.00. Remember to manage your trade.

New Trade Setup and Update (Mar 7)

2008-05-07T22:58:00.001-07:00

Have a look at the eur/jpy. Consider taking a long around 159.50-1.59. So far the cable has held support at 1.95. If this area holds we could have a nice rally on our hands. Remember to manage the trade and not to overextend your account if trading more than one currency. Let me know if you have any questions.

EUR/USD Trade Alert (May 7)

2008-05-07T19:05:00.001-07:00

Look to get long the eur/usd around 1.53-1.5250. Remember to manage your trade.

GBP/USD TRADE UPDATE

2008-05-07T06:19:00.001-07:00

After several attempts to bounce off 1.9550 the gbp/usd has been stopped repeatedly at 1.9586. Trade with caution as it's starting to move lower before going higher.

GBP/USD Trade Alert (May 07)

2008-05-07T00:09:00.001-07:00

Look to buy the GBP/USD around 1.96-1.9550. Remember to manage the trade and to keep your risk low. If you have questions about the rules of engagement, please let me know.

EUR/USD Trade Alert (May 1)

2008-05-01T07:08:00.001-07:00

Look to buy the eur/usd around 1.5450-1.54. Remember to manage the trade and keep your risk low.

GBP/USD Trade Alert (Apr 29)

2008-04-29T02:18:00.001-07:00

Look to buy the gbp/usd around 1.98-1.9750. Remember to manage the trade and keep your risk low. If you have questions about the rules of engagement, please let me know.

EUR/USD Trade Alert (Apr 23)

2008-04-24T01:35:00.001-07:00

Here is one more alert to wet your whistle. Look to buy the EUR/USD around 1.5750-1.57. Remember to manage your trade and keep your risk low. There are specific rules about what to look for as price enters the trading zone that you can use to confirm the trade and get a better entry. I will be holding a webcast later this week and answer any questions you may have. You really need to pay attention to these setups because we are getting some incredible moves. The difference here is that we are tracking professional trading activity in real-time.

GBP/USD Trade Alert (Apr23)

2008-04-24T00:06:00.001-07:00

Look to buy the GBP/USD around 1.9750-1.97. Remember to manage the trade.

GBP/USD Update

2008-04-17T20:21:00.000-07:00

GBP/USD Trade Alert (Apr 17)

2008-04-17T08:46:00.001-07:00

Look to sell the gbp/usd around 1.99-1.9950. Remember to manage the trade.

EUR/JPY TRADE ALERT 4/16/08

2008-04-16T08:14:00.001-07:00

Look to sell the eur/jpy around 162-162.50. Keep you risk low and manage the trade.

GBP/USD Trade Alert (Apr 8)

2008-04-08T00:30:00.001-07:00

Look to buy the gbp/usd around 1.98-1.9750. Remember to manage the trade.

GBP/USD Trade Alert (Apr 4)

2008-04-04T01:00:00.001-07:00

Look to short the gbp/usd around 2.0050-2.01. If you take this setup, remember to manage the trade ahead of NFP.

USD/CAD Trade Alert (Apr 2)

2008-04-02T04:22:00.001-07:00

Look to buy the usd/cad around 1.0150-1.01. Remember to manage the trade.

EUR/USD Trade Alert (Apr 1)

2008-04-01T06:02:00.001-07:00

Look to buy the eur/usd around 1.56-1.5550. Remember to manage the trade.

Trade Alert (Mar 25)

2008-03-25T14:24:00.001-07:00

Look to sell the gbp/usd around 2.01-2.0150

Look to sell the eur/usd around 1.5650-1.57

Pick the setup you like the best and focus on it. We may get a few chances at this trade. Be patient and manage the trade. Great job to those that are you're still holding cable longs from 1.98-1.9750. Consider taking some profit.

GBP/USD Trade Alert (Mar 19)

2008-03-19T18:06:00.001-07:00

Today we had a buy setup on the GBP/USD around 1.9950-1.99. Our first target was hit as price made a low of 1.9949 and then promptly reversed making a high of 2.023 for a 70 pip move. As price came down to 1.99 it fell through support and has since made a low of 1.98.

Look to buy the gbp/usd around 1.9800-1.9750. Manage the trade as we could get several chances at it.

GBP/USD Trade Alert

2008-03-19T04:08:00.001-07:00

Look to buy the gbp/usd around 1.9950-1.99. Remember to manage the trade.

EUR/USD Update (Mar 13)

2008-03-13T13:01:00.001-07:00

Shortly after sending the sell setup on the euro, it moved down about 40 pips from the initial sell zone at 1.56. The euro has moved back up and is currently at 1.5607. It’s important that you manage the trade and not let winning trades turn into a loser. If it comes back up like it did now, all that means is that we’ll get another chance at the trade. Stand aside for now and wait for the London and/or NY sessions to look for another setup.

Eur/usd update and setup (Mar 13)

2008-03-13T07:05:00.001-07:00

The euro gave a few bounces yesterday for 30-40 pips as the 1.55 area was being tested. After that it pushed into new high territory making a high of 1.5622 during the London session. Whether or not you were able to pull off a few small winning trades or had a trade that didn’t work out as expected, the important thing is to stay nimble and be patient for the next setup. There is a correction coming around the corner.

Look to sell the eur/usd around 1.56-1.5650.

EUR/USD Trade Alert (Mar 12)

2008-03-12T03:33:00.001-07:00

Look to sell the eur/usd around 1.5475 – 1.5525. Remember to manage the trade.

Trade Alert Update (Mar 7)

2008-03-07T06:36:00.000-08:00

We didn't get the reaction yet that I was looking for on the sell setup on the cable and euro yesterday. There were only a few slight retracements before the cable and euro pressed higher. This is why it's important to manage your trades. Especially, coming into a major news announcement. This trade could just as easily worked out which is why it's important to realize that not all trades will be winning trades. We must keep taking the trades as the setups appear and manage it after the trade is on. When there is a loss, know that there is another trade right around the corner. Be patient and wait for the setup.

The cable and euro quickly came back down after spiking up to take out stops. Keep looking for a place to get short.

Trade Alert

2008-03-06T05:30:00.001-08:00

Look to sell the gbp/usd around 2.0050-2.01

If you are trading the eur/usd, look to sell around 1.5350-1.54. Remember to manage the trade.

Trade Alert USD/CAD (MAR 4)

2008-03-04T10:11:00.001-08:00

Look to sell the usd/cad around .9950-1.0. Remember to manage the trade.

EUR/JPY Trade Alert (Feb 29)

2008-02-29T05:00:00.000-08:00

Look to buy the eur/jpy around 158-157.50. Remember to manage the trade.

AUD/USD Trade Alert

2008-02-27T17:16:00.000-08:00

If you are still waiting for trade setup, have a look at the aud/usd. Look for a place to sell around .9450-.95.

Happy Trading!

Trade Alert Update

2008-02-27T13:37:00.000-08:00

The cable has dropped over 100 pips, depending on entry. Remember to manage your trade by locking in profit, taking full or partial profit. I will be looking for a re-entry around the next trading sessions.

The euro is taking a little longer to follow through. The setup is still valid. If things change, I’ll send an update.

Happy Trading!

Trade Setup

2008-02-27T07:48:00.000-08:00

Look to sell the cable around 1.99-1.9950

If you are trading the euro, look to sell around 1.51-1.5150.

Happy trading!

GBP/USD Update

2008-02-27T00:54:00.001-08:00

I’m looking for another entry on the cable. The first time it went to 1.9893 there wasn’t much of a reaction as it only made a low of 1.9842 before moving higher. I’m waiting to see how far it’s going to go as the next round of news comes out.

GBP/USD Trade Alert

2008-02-26T10:33:00.000-08:00

Look to sell the cable around 1.9850-1.99.

GBP/USD Trade Update

2008-02-21T18:07:00.000-08:00

The cable has moved up nicely from our buy zone yesterday morning of 1.94-1.9350. Price has just reached a high of 1.9683. That's a 250-300 pip move (depending on entry) in just over a day. Now is a good time to start taking profit.

New Trade Alert

Look to short around 1.9700-1.9750.

Happy Trading!

GBG/USD Trade Alert

2008-02-20T04:04:00.000-08:00

Start looking to buy the gbp/usd around 1.9400-1.9350.

EUR/USD Trade Alert

2008-02-15T01:58:00.000-08:00

Look to short the eur/usd around 1.4700 and 1.4750.

EUR/JPY Trade Alert

2008-02-13T14:05:00.000-08:00

Start looking to short the eur/jpy around 157.80-158.50.

EUR/USD Trade Alert

2008-02-13T06:35:00.001-08:00

Look to buy the eur/usd around 1.4540-1.4500.

EUR/JPY Trade Alert

2008-02-12T05:47:00.000-08:00

Look to sell the eur/jpy around 156.30-156.80.

Trade Setup Update

2008-02-07T23:40:00.001-08:00

The euro initially rallied back to 1.4550 before printing a new low of 1.4438 and the 1.45 handle has acted a resistance. Keep looking for a place to get long as price moves back down into support. Keep an eye at 1.4450-1.44 to establish new longs. We’ll most likely get a few chances at the trade so be nimble and ready to take action when the opportunity presents itself.

So far 1.94 is still holding on the cable. Watch how price reacts at this level going into the London session. If price pushes lower, I would start looking to put new longs on around 1.9350-1.93. I’ll send out an update if things change.

Trade Alert

2008-02-07T05:36:00.000-08:00

After several rallies of the 1.46 support area the euro has now moved lower to 1.4549. Look to get long again around 1.4550-1.45.

The cable is also forming a nice buy setup. Look to get long around 1.9430-1.94.

EUR/USD Trade Alert

2008-02-05T02:26:00.000-08:00

Look to buy the eur/usd between 1.4650-1.46.

Trade Update

2008-02-01T06:19:00.000-08:00

The euro and cable have been bouncing off the sell zones nicely all week and have provided many opportunities at the same trade. If you weren’t actively trading around these areas you missed out on the drop on the cable this morning before NFP. Currently the euro looks like it’s the best candidate to short while still within the trading zone of 1.49-1.4950. Keep looking to position yourself around this area. Remember, it’s Friday so trade accordingly. Happy pippin!

Trade Setup

2008-01-30T12:00:00.000-08:00

Look to sell the eur/usd around 1.4900-1.4950

Look to sell the gbp/usd around 1.9950-2.0

GBP/USD Trade Setup

2008-01-24T07:14:00.000-08:00

There has been a nice reaction at both the 9600 and 9650 areas before the cable has inched higher near the 1.97 handle. Look to sell around 1.97.

EUR/JPY Trade Update

2008-01-23T06:06:00.001-08:00

After bouncing up 40 pips from 154.00 the eur/jpy has taken another tumble. The 152.80 are seems to be holding now. This is the area I would look to put on a position.

Trade Setup

2008-01-23T03:08:00.000-08:00

Look to buy the eur/jpy around 154.00-153.50 OB.

Cable Update

2008-01-18T02:43:00.001-08:00

Just closed out cable shorts from 1.9770 at 1.9570 and looking to get long again around 1.9550-1.9500. What a move!

GBP/USD Trade Setup

2008-01-17T06:53:00.000-08:00

Countertrend Trade Setup: Look to sell the gbp/usd around 1.9760-1.9800. Keep holding longs from below and add to longs on pullbacks.

Trade Setup Alert

2008-01-10T23:23:00.000-08:00

Trend Trade Setup: After a nice rally today the cable has moved lower to 1.9500. Look to get long around 1.9500 and 1.9450.

The euro is holding onto its gains. All you have to do is manage the trade now.

Trade Setup Alert

2008-01-10T05:24:00.000-08:00

Trend Trade Setup: Look to get long the cable around 1.9550-1.9500.

Trend Trade Setup: Look to get long the euro around 1.4650-1.4600.

EUR/JPY Trade Alert

2008-01-04T06:33:00.001-08:00

Look to buy the eur/jpy around 159.90-159.40.