Strong Versus Weak Levels
on Sep 24, 2008 in Trading Strategy Not all things are quite the same in trading. Some levels are unarguably much stronger than others, and stand a much higher probability for success. When we are looking to determine which levels are stronger than others, the key word is time. Gene...

Indicator Systems and Why Many Fail
on Sep 24, 2008 in Trading Strategy Once upon a time, I bought a trading platform one time that included approximately 3,000 indicators. I thought “wow, I would have to be a total idiot not to make money using these” The fact of the matter is that I was completely wrong, and afte...

The Basics
on Sep 24, 2008 in Trading Strategy Our strategy is simple yet requires thoughtful analytics like any other system. We enter trades only at key levels of support and resistance, sometimes employing the use of diagonal trendlines and Fibonacci retracements. But regardless of the situati...

Ok, so what next?
on Sep 24, 2008 in Commentary We’re waiting, patiently, through this consolidation over the past few days as the markets look for some key decisions on the US bailout plan. Equity markets and commodities have been drifting lower, pushing USD slightly higher over this time.We’...

Trading in Synch With Market Movers
on Sep 24, 2008 in Trading Strategy Market movers come in all different shapes and sizes. The interbank market is run by a plethora of institutional money managers, smaller-sized fund managers and the retail crowd. Of these three categories, the institutional money managers hold the mo...

Overview
on Sep 24, 2008 in Trading Strategy The FOREX trading realm has exploded with volume in the past 10 years, thanks to the push of the retail trading environment and growth of private money managers. What was once a market reserved for the banks and other large, institutional players, t...

Short EUR/USD 1.4950-1.4960
on Sep 24, 2008 in Pending Trades 1.4960 marks the 50% retracement on this last wave, and we've got overall good resistance up here to deal with. Again, watch out for volatility spikes as we're expecting some heavy stuff on the horizon.