Recent content by ProFXTrader

Is the EURAUD About to Turn Into A Gusher? Currency Pair: EUR/AUD Closing Price: 1.5947 Entry Order: SELL stop @ 1.5933 Stop loss: 1.5987 Take profit: 1.5487 Analysis: In our Weekly Video Report last weekend I explained why I thought the past few months strength in the Euro was likely to...

Is GBPJPY Ready To Crater? Currency Pair: GBPJPY Closing Price: 185.88 Entry Order: SELL stop @ 185.84 Stop loss: 186.27 Take profit: 184.27 Analysis: Last week this pair broke down dramatically from a double-top price pattern. After a brief consolidation at current levels this pair finished...

Market Winning Trade Set-Ups for 08/26/2015 Pair: NAS100 Closing Price: 4215.00 Entry Order: BUY stop @ 4233.00 Stop loss: 4150.00 Take profit: 4385.00 Analysis: On July 26, based on my analysis of a negative price action "reverse wedge triangle", I posted a Special Video Report entitled...

Market Winning Trade Set-Ups for 08/16/2015 Currency Pair: EURUSD Closing Price: 1.1107 Entry Order: SELL stop @ 1.1098 Stop loss: 1.1140 Take profit: 1.0911 Analysis: For the past several months I have been recommending buying the EURUSD on pull-backs. Those recommendations were guided...

Market Winning Trade Set-Ups for 08/16/2015 Currency Pair: EURUSD Closing Price: 1.1107 Entry Order: SELL stop @ 1.1098 Stop loss: 1.1140 Take profit: 1.0911 Analysis: For the past several months I have been recommending buying the EURUSD on pull-backs. Those recommendations were guided...

Market Winning Trade Set-Ups for 08/14/2015 Currency Pair: EURGBP Closing Price: 0.7145 Entry Order: BUY stop @ 0.7157 Stop loss: 0.7118 Take profit: 0.7287 Analysis: This pair formed a double-bottom price pattern in the July-Aug time-frame. Today prices pulled back from the overhead...

Market Winning Trade Set-Ups for 08/09/2015 Currency Pair: EURUSD Closing Price: 1.0962 Entry Order: BUY stop @ 1.0980 Stop loss: 109.32 Take profit: 1.1109 Analysis: It is widely anticipated that the US Federal Reserve will start to raise interest rates beginning next month (Sep). Based on...

Market Winning Trade Set-Ups for 07/28/2015 Currency Pair: EURJPY Closing Price: 136.75 Entry Order: BUY stop @ 136.98 Stop loss: 136.60 Take profit: 138.09 Analysis: Since forming a double-bottom in the Mar-Apr timeframe, this pair has been moving higher (see ascending trend-line). I...

Market Winning Trade Set-Ups for 07/26/2015 Trading Instrument: NAS100 (US NASDAQ stock market) Closing Price: 4,570 Entry Order: SELL stop @ 4,551.00 Stop loss: 4,605.00 Take profit: 4,350.00 Analysis: This market is flashing VERY bearish technical indicators. While it is an admittedly...

Market Winning Trade Set-Ups for 07/23/2015 Currency Pair: AUD/JPY Closing Price: 91.10 Entry Order: SELL stop @ 91.05 Stop loss: 91.35 Take profit: 89.97 Analysis: This pair formed a double-top bear pattern in May-Jun at the 97.00 price level. Following a massive capitulation to about...

Market Winning Trade Set-Ups for 06/02/2015 Market Winning Trade Set-Ups for 06/02/2015 Currency Pair: AUD/NZD Closing Price: 1.0833 Entry Order: BUY stop @ 1.0843 Stop loss: 1.0797 Take profit: 1.0957 Analysis: This pair formed a double-bottom in mid-April. In recent weeks it has...

Currency Pair: EUR/AUD Closing Price: 1.4350 Entry Order: BUY stop @ 1.4386 Stop loss: 1,4335 Take profit: 1.4486 Analysis: This pair appears to have formed both a double-bottom and an inverted head-and-shoulders. Penetration above today's key reversal (and the neckline) should see prices...

Market Winning Trade set-ups for 05/17/2015 Currency Pair: AUDNZD Closing Price: 1.0788 Entry Order: BUY stop @ 1.0801 Stop loss: 1.0763 Take profit: 1.0927 Analysis: This pair has formed a double-bottom price pattern in early April near the 1.0000 level. Since putting in a bottom this pair...

Market Winning Trade set-ups for 05/17/2015 Currency Pair: XAUUSD Closing Price: 1223.00 Entry Order: BUY stop @ 1227.00 Stop loss: 1218.00 Take profit: 1245.00 Analysis: This pair has formed an ascending triangle. Penetration above Friday's key reversal should propel prices higher.

Market Winning Trade set-ups for 05/17/2015 Currency Pair: EURUSD Closing Price: 1.1449 Entry Order: BUY stop @ 1.1467 Stop loss: 1.1419 Take profit: 1.1587 Analysis: This pair has formed a double-bottom price pattern between mid March and Mid-April. Since putting in a bottom this pair has...