Recent content by amytrade

No I am quick to exit. If market's still strong/weak I'll re enter on pullback.

Tomorrow will be my last day in here for 2 or 3 weeks. Going on 10 day vacation, then doing taxes when I get back and it usually takes me a few days to get back into the swing of things before I heavily start trading again. Doing nightly analysis night after night you get a FEEL for the pairs...

This was my favorite trade Friday. It broke out at 1.1300 and because the USD was strongest currency and CHF weakest I held and caught almost every pip. 165 pips! This was one of my better days. I'm not usually this accurate nor do I make this many pips in one day.

The 1.4435 breakdown proved very profitable for GBPUSD too, out when trendline broken at key 1.618 fib target. 110 pips

I expected the GBP to be the weakest currency and for GBPJPY to collapse if 142.00 was broken. That's exactly what happened and my trend tools predicted this in real time. 1) Under hourly moving avg (gray line). 2) At 1:45 short term momentum shifted negative. 3) Under 180 balance point line...

I'm anticipating the AUD being strongest tomorrow followed by NZD, CAD and slight USD strength. I'm anticipating the GBP to be weakest followed by JPY and then EUR, CHF Currencies to Buy AUD/JPY Buy 68.50 to 68.00 using trendline entry NZD/JPY Lightly buy 56.00 to 55.92 and 55.57 to 55.50...

Here's 2 trades I took earlier this week based on TopGun's NR Breakout Visual Basic script. It gives us the ability to pick the time frame and in my testing I find 60 min and 240 min NR breakouts the best and most worth risking REAL MONEY on! Two NR breakouts in a few hours. First one went up...

I'm mainly focusing on here about my trade calls and levels. But I do use their excellent trend tools to confirm if I'm right or not and sometimes trade larger when so. I was dead on with the NZDJPY and NZDUSD. I bought the NZDUSD on my breakout level and made 74 pips. I also bought the...

I couldn't reach this site last night so didn't post. I feel pretty good about tomorrow's direction. Some days its VERY hard to predict likely next day's direction but today not one of them. I'm guessing I'll be right on 60 to 75% of them and then when confirmed by FX Multimap at my buy/sell...

Some days VERY easy to predict next day. Today not so much so I'm going to be EXTRA careful tomorrow to see in REAL TIME if there's truly strength/weakness. A trend can be up but it can also be up statistically TOO MUCH and thus likely to reverse but also strong so its SCARY to reverse. While...

No idea! I only try to predict the direction the next day and if market's real time trend shows me my analysis is correct I often trade larger on those pairs. Most of my analysis was spot on today and I bought the USDJPY on pullback to hourly which was a great trade, Sold the GBPUSD at my area...

Due to my analysis I expect the NZD to be the strongest followed by USD, GBP, CAD and CHF and weakest pairs are JPY then EUR then AUD. In all the systems I trade one thing I focus on is buying strongest pairs vs weakest and shorting weakest pairs vs strongest. Here are the levels I'll be...

Here's tomorrow's analysis. I feel GBPCAD, NZDUSD, USDCAD, GBPUSD, EURCAD are most likely to go up. Buy on retracements and pullbacks if trend is up and stays above hourly 20 period simple MA. Weakest pairs I feel will be EURJPY, EURGBP, AUDJPY and CADJPY weakest. USDCHF could be weakest but...

I primarily use two platforms, TopGun software which has the power index and InvestorRT. Power Index is simply the % of currencies that support a trade. I've found levels over 70% to be pretty bullish and they have the line accross top at 80% which is what they teach their traders. Basically...

I agree the USD got spanked today but I'm probably not going to consider any USD buys for at least another day although tomorrow my entry levels for buying EUR/USD and GBP/USD will be farther down from current price action than today's were. I do analysis each night around 4pm to 6pm so will...