Recent content by Thetradersclub

This last scenario was based on 200 pips per month and no losing months, at a 5:1 leverage. We have already discussed leverage, but let me remind you that this means 5 mini lots per trade position per $10,000 in your trade account, or 5 100k lots per trade position per $100,000 in your full...

Key number 2: Managing risk per account Forex brokers will offer you 100:1 and even 200:1 leverage, promising that these offer opportunities to easy and quick riches. Don’t believe it for one minute! When you leverage your account, you are actually borrowing money from the broker with the...

I have decided to consolidate the daily analysis posts to this new thread in future. Thank you for your support and I hope to see you there... http://www.trade2win.com/boards/forex-strategies-systems/99068-eur-usd-analysis.html Cheers, Chris.

Thanks Fred, have a great weekend - no analysis today... After a great trading week, I'm going to take the day off and focus on setting up the desk-top alerts properly. There will be no report today, and I'll resume on Monday for the new week ahead. It's often good to take Friday off when...

The sad fact is that most traders fail to make money, or even survive the first few months of trading due to two factors: 1. A poor trading system. 2. Poor money management We can provide the first one for you – that’s the easy part! However, the second part is even more important and I...

EUR/USD Update: Moving down close to 1.2840 – the 38% retracement level – but no real signs of reversal just yet. We’ll allow for a further dip to the support levels listed above, which will take us down to the raft of technical supports below us. Be patient! Summary: Buy dips to support...

EUR/USD Weekly Trend direction: Bullish Weekly trend reversal level: 1.2520 Key G7 support levels: 1.2820, 1.2760, 1.2700/20 Counter-trend and scalping opportunities: Strategy: Whilst above the weekly trend reversal level buy dips to support levels after an entry signal. Today's trade...

EUR/USD Weekly Trend direction: Bullish Weekly trend reversal level: 1.2480 Key G7 support levels: 1.2780, 1.2740, 1.2680 Counter-trend and scalping opportunities: 1.3120’ish Strategy: Whilst above the weekly trend reversal level buy dips to support levels after an entry signal. Today's trade...

Update: We edged a little higher yesterday, most of the move happening in the Asian session. This means we were not able to get hold of the trade. In any event, we’ll be patient and wait for the second chance this week, as/when the euro dips back down to support levels below. We are a long way...

EUR/USD Weekly Trend direction: Bullish Weekly trend reversal level: 1.2150 Key G7 support levels: 1.2500, 1.2430, 1.2380 Counter-trend and scalping opportunities: 1.2650/80 Strategy: Whilst above the weekly trend reversal level buy dips to support levels after an entry signal. Today's trade...

There is no analysis today as James won’t be trading because it’s Non Farm Payrolls day. So I thought I would remind you instead of something Bill Poulos recently said about why amateurs fail (we are all amateurs at times so don’t think this doesn’t apply to you too) Buying a new trading...

EUR/USD Update: We dipped just below the weekly reversal level yesterday and formed a new hourly/daily “spike low” For this reason, I have adjusted the weekly reversal level to 1.2150, after having bought the euro at 1.2180 yesterday (see the G7 alert email sent at 3.07 pm GMT yesterday) The...

EUR/USD Weekly Trend direction: Bullish Weekly trend reversal level: 1.2200 Key G7 support levels: 1.2320, 1.2300. 1.2280, 1.2250 Counter-trend and scalping opportunities: 1.2427 Strategy: Whilst above the weekly trend reversal level buy dips to support levels after an entry signal. Today's...

EUR/USD Weekly Trend direction: Bullish Weekly trend reversal level: 1.1870 Key G7 support levels: 1.2150*, 1.2080, 1.2000, 1.1950 Counter-trend opportunities: 1.2280, 1.2370 Strategy: Whilst above the weekly trend reversal level buy dips to support levels after an entry signal. Today's trade...

Here is today’s report … Jun. 21 IMPORTANT: This report is not an express or implied recommendation, guidance or proposal that any particular Forex analysis or trade is appropriate to the particular investment objectives, financial situation or particular needs of any recipient. EUR/USD...