Many traders are struggling lately, with less momentum, more
whipsaw, smaller trends and more ranging markets.
In today's charts, I will show how some subtle market changes are
eating into your profits, and what you should do about them.
This blog post will help you gain & maintain profits in current
conditions.
<http://www.fibmarkets.com/adapting-market-profits/>
-Neal (FibMaster).
Last week's "Cable" call resulted in a 200-pip move.
Let's see what's in store for us this week;
http://www.fibmarkets.com/trading-desk/
View my trading blog above, to see the current GBP/USD chart,
support/resistance levels, and trading opportunities.
-Neal (FibMaster).
Banks have pre-asked questions for verification.
Brokerages have pre-asked questions for verification.
Insurance companies have pre-asked questions for verification.
Now almost everybody and almost every web site are having these pre-asked
questions for verification.
Many of these pre-asked questions are the same. With bits and pieces of these
information, Identify thief will be as easy as 123.
Be careful out there...
We've had some great setups again this week, and the USD/JPY chart is a prime
example.
See the setup, how USD/JPY rallies to predicted resistance, then
the 4-hour trend reverses, and you put pips into the bank!
http://www.dailyforexcharts.com/sneak_preview_USDJPY090519.html
Trade well,
-Neal (FibMaster)
I have uploaded a 1-hour live trading workshop that is as good as a
private mentoring session. Although this workshop was exclusively
for members only, I am making it available to a limited number of
traders who order my Fibonacci Trading seminars.
We had a great workshop session, exploring some trade setups and
strategies. The AUD/JPY chart turned out to be the start of a
150-pip move! You can watch the setup of that chart in the workshop
and much more.
For details on how you can access this workshop, see this web page;
http://www.fibmaster.com/workshop_promo.html
-Neal.
OK I survived that quick vacation to California. Not much sunshine, but still a
fun long-weekend.
When I returned to the trading charts, AUD/JPY had dropped through support into
my predicted shorting zone. Watch this video to see what happens when support
breaks, see how to trade a chart when a predicted short setup develops.
http://tinyurl.com/d6spe5
-Neal.
I'm rushing to get out the door, catching a flight to California for the
weekend. Just uploaded some more videos of great charts for you.
On this web page you will see two videos showing how Fibonacci levels are used
to predict future support/resistance levels, for a 100-pip move.
http://www.dailyforexcharts.com/sneak_preview_NZDUSD090423.html
Have a great weekend,
-Neal.
Yesterday you saw the AUD/JPY setup move into profits.
Today you can see how a chart rallies up to a predicted resistance
and turns like clockwork. See this setup with a 100+ pip projected
move.
http://www.dailyforexcharts.com/sneak_preview_EURJPY090422.html
Trade well,
-Neal (FibMaster)
"If you want to see how a pro Fibonacci expert uses his techniques in the forex
markets, you have got to see these videos! Neal Hughes (FibMaster) provides
charts to forex traders every day. You only have to a moves like this to agree
that Neal really knows the markets!"
See how these setups performed today;
http://www.traderzine.com/forums/showthread.php?t=559
-Neal.
The most common strategy, a stop loss placed a fixed distance
from entry is a disaster for most traders. It amounts to placing a
stop at a random location and crossing your fingers!
An intelligent stop-loss strategy must take into account actual
market conditions. In a volatile market, your stop must be located
differently than in a slow market.
If you place your stops too close, they will certainly be hit,
locking in your loss. If your stop is too far away, your risk is
too large.Trading without a stop loss is like running naked along
wall street - you're sure get caught!
Are you looking for a better strategy? I made a quick video on this
topic, see details here;
http://www.traderzine.com/forums/showthread.php?t=529
-Neal
Your charts are constantly telling you what other traders are
doing. If you know how to read and interpret those signals, you can
find that "sweet spot", the balance between risk and opportunity.
I am looking at a EURUSD 5 minute chart for the possibility of a
short trade.
http://www.traderzine.com/forums/showthread.php?t=443
-Neal.
Want to improve your stop placement? Please give your opinion on
stops. http://tinyurl.com/btbn9y
Whether stocks, futures, forex, EURUSD, your feedback is wanted.
FYI, you can follow my charts and trades in Twitter at
http://twitter.com/fibmaster
-Neal.
If you trade FOREX, you know what it's like to be faced with
conflicting signals.
You might see a long trade, then once you enter, the chart starts
telling you that it's going down! After a while your stop is hit, and
the chart reverses again, giving you permission to kick yourself severely.
A few simple techniques can help bring clarity to your charts.
How do you analyze a chart when there are conflicting signals? A
trader sent me that question recently, so I made a video lesson that
explains my method of deciding which way a chart is moving, and where
to enter and exit.
You can watch the video lesson on our home page here;
http://www.dailyforexcharts.com/
-Neal Hughes (FibMaster)
How about 100-pips in the EUR/USD? How about getting trades like this
in your email. 5 days a week I search the FOREX markets for the best
trade setups.
http://www.traderzine.com/forums/forumdisplay.php?f=4
-Neal.
This is an excellent example of how you can apply Fibonacci
retracements to trade FOREX charts. These techniques are used to
predict probable market turning points, well in advance of price
action. With that information, you can make better trading decisions.
See this trading chart;
http://www.traderzine.com/forums/forumdisplay.php?f=4
-Neal Hughes (FibMaster).
Yesterday when I mailed about the 200 pip profitable trade, I promised
to send you the USD/JPY profitable scalp trade too. See below. I'll
try to make time to send another profitable chart tomorrow.
My hope is that you enjoy these examples of great trades, not just
because they are winners, but because they often have some educational
content too. See this USD/JPY video update as an example. Notice the
relationship between the DOW and the USD/JPY chart.
http://www.traderzine.com/forums/showthread.php?t=148
-Neal Hughes (FibMaster)
How about a 200-pip move on the EUR/USD chart? Actually there is a
profitable USD/JPY trade underway right now too.
I'll send you the JPY trade when it's closed (subscribers get these
charts in real-time). In the mean-time, I'll put together some charts
from the past week, so you can see the powerful trades that I send to
subscribers every day.
Here is one from last week; The EUR/USD chart what a move..
http://www.traderzine.com/forums/showthread.php?t=145
-Neal.
Want to know where the prime long and shorting zones are on this pair?
The video update below identifies some great trade setups for both
intra-day as well as longer time-frames.
http://www.traderzine.com/forums/showthread.php?t=125
-Neal.
Here are today's FibMaster FOREX chart updates.
I apologize for not participating on this group lately. I've been
totally absorbed in my new website http://www.dailyforexcharts.com
Below is a sneak preview of today's updates from that website. Not
only great trades in positive territory, but also answers to trader
questions. It's the questions and answers that can make a real
difference to your trading, so definitely watch these updates.
http://www.dailyforexcharts.com/charts/080416_GBPJPY_9b/080416_GBPJPY_9b.htmlhttp://www.dailyforexcharts.com/charts/080416_GBPAUD_Xa/080416_GBPAUD_Xa.htmlhttp://www.dailyforexcharts.com/charts/080416_EURUSD_0X/080416_EURUSD_0X.htmlhttp://www.dailyforexcharts.com/charts/080416_EURJPY_9p/080416_EURJPY_9p.htmlhttp://www.dailyforexcharts.com/charts/080416_EURCHF_9k/080416_EURCHF_9k.htmlhttp://www.dailyforexcharts.com/charts/080416_EURCAD_9s/080416_EURCAD_9s.htmlhttp://www.dailyforexcharts.com/charts/080416_AUDUSD_B9/080416_AUDUSD_B9.htmlhttp://www.dailyforexcharts.com/charts/080416_USDCAD_c9/080416_USDCAD_c9.htmlhttp://www.dailyforexcharts.com/charts/080416_AUDJPY_v2/080416_AUDJPY_v2.htmlhttp://www.dailyforexcharts.com/charts/080416_GBPUSD_x0/080416_GBPUSD_x0.html
-Neal.
Important legal disclaimers:
DISCLAIMER
It should not be assumed that the methods, techniques, or indicators
presented in these pages will be profitable or that they will not
result in losses. Past results are not necessarily indicative of
future results. Examples presented on these pages are for educational
purposes only. These set-ups are not solicitations of any order to buy
or sell. The authors, the publisher, and all affiliates assume no
responsibility for your trading results. There is a high degree of
risk in trading.
NFA Disclaimer
Hypothetical performance results have many inherent limitations, some
of which are described below. No representation is being made that any
account will or is likely to achieve profits or losses similar to
those shown. In fact, there are frequently sharp differences between
hypothetical performance results and the actual results subsequently
achieved by any trading program. One of the limitations of
hypothetical performance results is that they are generally prepared
with the benefit of hindsight. In addition, hypothetical trading does
not involve financial risk of actual trading. For example, the ability
to withstand losses or to adhere to a particular trading program in
spite of trading losses are material points which can also adversely
affect trading results. There are numerous other factors related to
the markets in general or to the implementation of any specific
trading program which cannot be fully accounted for in the
preparation of hypothetical performance results and all which can
adversely affect actual trading results.
CFTC Disclaimer
Hypothetical or simulated performance results have certain inherent
limitations. Unlike an actual performance record, simulated results do
not represent actual trading. Also, since the trades have not actually
been executed, the results may have under- or over-compensated for the
impact, if any, of certain market factors, such as lack of liquidity.
Simulated trading programs in general are also subject to the fact
that they are designed with the benefit of hindsight. No
representation is being made that any account will or is likely to
achieve profits or losses similar to those shown.
If you saw my last Swiss update you know how accurate that trade
was. Don't miss this one, another good setup is developing.
The USD/CFH chart has made a strong rebound but is near a key
resistance level. If it can break above this level we could have
some excellent long opportunities. This quick video will tell you
what to watch for and how to trade this setup.
http://www.traderzine.com/forums/forumdisplay.php?f=4
-Neal (FibMaster).
Yesterday I said that we need to take out the swing low of March 2nd
so we can short intra-day, and then.. Wow what a great move on the
Swissy chart!
If you want to learn how to capture moves like that, see this update
for details;
http://www.traderzine.com/forums/forumdisplay.php?f=4
-Neal (FibMaster).
Archived FOREX chart updates have just been added to the member web
pages. Also, I'm pleased to announce that traders with Tax
questions can get help online too!
I've been a fan of Traders Accounting for some time. Check my
member website for info on how you can pick the brains of an
expert on trading tax issues.
If you have not already done so, you may need to register at the
member website here;
http://www.fibmarkets.com/members.html
-Neal (FibMaster).
The USD/JPY chart is setting up for a potential triangle breakout.
This quick video will tell you what to watch for and how to trade
this setup.
See this update for specifics;
http://www.traderzine.com/forums/showthread.php?t=84
-Neal (FibMaster).