What is going on spot forex grinders. Man it has been a really tough end to the week, but it's vital to look at the bigger picture. For the past few days the signal account is down roughly 6%, which isn't too bad and is about 2 days worth of trading to get it back up. The $100-$1million tracking account is down a bit more, but still at $350 from a $108 start Jan. 9, 2015. After the huge move in the eur/usd on Thursday it messed up the entire charting perspective going into Friday (very frustrating as a technical trader).
Feb 27, 2015
Welcome traders and this is the update for the binary options / stock options (credit spreads) trading room where I help others become profitable and give out signals. So if you read more about the live room in the tab at the top you will get a better feel of what I am saying, but here are the results...
at 3:01 PM
Feb 26, 2015
Wow...that was a really cool forex setup. Know that every single time you make a trade the future of that forex chart or stock chart or whatever you are trading is going to do something different and behave in a different way than it had in the past. This is what traders have to understand.
at 9:08 AM
Feb 25, 2015
Today was a true forex grind except for the gbp/usd, which moved pretty nicely. The eur/usd, nzd/usd, and aud/usd were all dead to rights today just sitting up near their highs after bidding up yesterday. That tells me a few things and I am positioned to take advantage of it.
at 4:24 PM
Feb 24, 2015
I'll make this quick because it has been a long day, but a good one. I went with an end of day call on bitcoin as it bottomed pretty good and held support. Through the day it stayed comfortably itm so no other positions were called out and you will see in the video where that was the only trade taken and the other 3 trades from yesterday.
at 7:52 PM