Today, Monday June 15th we conducted our live Forex scalping session for anyone that had signed up for the live session (free), we announced it on our Forex group on Facebook (click HERE to join). Our goal was to show how to scalp with a naked chart (no indicators) and also show how to scalp with 3 indicators that could ...
Read More »Monthly Archives: June 2015
USD/CHF – Forex Signal 6/5/2015
We are reviewing USD/CHF today, while we see on D1 timeframe that it is trading below 200 EMA, there is opportunity to take a long trade when you go down to 1h TF. However, bare in mind, USD/CHF is a volatile Forex pair so don’t sit and wait for 100’s of pips, look for next peak and cash out (we ...
Read More »USD/JPY – Forex Signal 6/4/2015
We wrote about USD/JPY on 6/2/15 (see here) getting set up for a good entry if it would come down to our trendline, well, it has now hit our trendline and we have just entered (today 6/4/15) and we recommend that everyone that is interested take a position now (today 6/4/15). As can be seen on our enclosed images below, ...
Read More »Forex – Trailing Stop and How it Works
So what do you do if you want to set a trade but don’t want to sit and watch it in order to close out a profitable trade, however, you want to maximize the profit as much as possible, especially in a strong trend move? Ordinarily you should always set TP (take profit) and SL (stop loss) on any trade ...
Read More »USD/JPY – Forex Signal – 6/2/2015
So we are looking at USD/JPY for a possible entry. We can see that it has retraced back down to almost touching the trendline on 4 hour timeframe; it is not quite there. When we add CCI (14) as an indicator, then we can see that it is nearing oversold position but it is not quite there; we suspect that ...
Read More »