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
Well it's only a few hours after the last post that updated all the forex trading from yesterday. The good thing is we had some nice shorts that came in on the swing in the usd/jpy after Yellen decided to speak and there was weak consumer confidence numbers.
at 10:34 AM
Feb 23, 2015
What is going on binary option traders. Well I am adding a smarthelping specific trading room that will be primarily end of day binary signals along with ideas for option premium sellers based on stocks/indices. If you want to join it's really easy and the room will be through e-mail or skype or both depending on how you want it.
at 8:56 PM
Feb 20, 2015
What is going on forex masters. Well today was pretty good with the early morning start where I took care of some open positions from late Wednesday and Thursday. After that I had about a 2 minute trade (long eur/usd) right at its bottom that paid off nearly half of my daily profit goal in both forex accounts.
at 11:28 AM
Well I can't script this out any better. The perfection that my forex trading has come to feels really awesome. Basically I started with a big over night loser on the usd/cad short, but was small enough to wait on that to turn into a winner while scalping around it with other forex pairs in a safe way.
at 5:40 AM
Feb 18, 2015
Forex grinders! What is happening. Well I had a decent aud/usd short over night that came into profit and just took off some winners as the usd/cad sold off on FOMC. I set the USD shorts well before 2pm est. but to me it appeared that all signs pointed to the committee saying something to lower the value of the USD.
at 2:30 PM
Feb 17, 2015
What is going on forex grinders. Well today is a key learning day on how to manage losers. From what you will see in the trading video, the worst thing you can do is put too much margin at risk. The 2nd worst thing you can do after that is not give yourself enough time for a trade to come in. The go hand in hand.
at 11:23 AM
Feb 13, 2015
I'll tell you this right now. It's a lot easier to make a lot of money over a long time frame then trying to make a lot of money over a very short time frame. A trader judges what a lot or a little is based on their total trading balance or bank account relative to each trade size.
at 3:38 PM
What's going on micro traders and big guys alike. Today we had some good results on our binary trading room and it's Friday so I will update the end of week results too as there were a few more of those than normal and that is what kept us out of taking a lot of intra-day trades this week. Forex at the moment is good and my balances are sitting around 4% for the day so might stop there, but not sure yet.
at 9:53 AM
Feb 12, 2015
What is up forex grinders and anyone who wants to add a daily income to their bank account. I feel that my trading has come a long way from a few years ago. Yesterday was one of my biggest single trade losses and instead of panicking I got right back into my trading mode and nearly made it all back. It's insanely important to be able to do this and important for anyone trying to make money my copying my forex signals in MT4 through the MQL5 signal service I am offering to the public.
at 9:03 AM
Feb 11, 2015
I'll tell you one thing. Trying to keep track of multiple account is very hard. I am going to have to make a change to where my primary focus is not disrupted by trying to go back and forth between everything. Today we had some drawdown in forex trading and I wanted to use that to show what maximal drawdown means when looking in the stats of the MQL5 forex signals service.
at 3:21 PM
Feb 10, 2015
Feb 9, 2015
What's going on forex grinders and binary guys. Well let's start with the binary option signals this morning for the realprobinary.com trading room. We started off with a tough loss on the eur/usd put hourly basically at the tail end of its sell-off. The 2nd and final trade in that trading derivative class was a nice win on the usd/cad put. We went into it on the initial sell and it dropped another 20 pips on our hourly expiration for a win....now, let's get into some spot forex.
at 4:08 PM
Feb 6, 2015
Good morning everyone. Well traders love to see what happens on the first Friday of each month as non-farm payrolls get released. It's better known as NFP. Anyway, I had one limit order set for shorting the aud/usd and it filled for my daily profit target in the forex signal account. The other trading balance that I am tracking was not exposed at all.
at 9:13 AM
Feb 5, 2015
Hey forex traders and the rest. Today is one of those days where you get into a position and it flies against you hard. That is what happened to me after everything was running really smoothly. Also, binary signals in our trading room went 1-0 so that was positive and the personal forex trading account that signals are going out to accomplished its daily goal so that was good.
at 4:29 PM
Feb 4, 2015
Good day to all you forex traders. What a big nothing day it was with ADP non-farm employment change (not the big number that comes out this Friday) and ISM manufacturing. The forex market didn't want to hear none of it and pretty much did its own thing throughout. I traded with the jobs number and bought the GBP/USD, but quickly sold out on the pop. Then, to end the day I shorted the USD/JPY and as you can see it reversed right where it was supposed to.
at 1:22 PM
Hey forex grinders! Well, if you have been watching my spot forex trading has been looking promising over the past month as the account being tracked has grown nicely. I have decided to create a live MT4 trading account dedicated to automated signals. It's my own money and you can follow it with the trade copy system setup by MQL5.
at 6:50 AM
Feb 3, 2015
Well there is going to be a little deviation from the 5% and sometimes it's for the better and sometimes for the worse. Today started off tough with a eur/jpy short, but then the usd/jpy short saved the day. To end things out I got into even more shorts on the aud/usd and nzd/usd as they came up to some crazy levels late in the day. This is a prime example of how to spot swing trades.
at 3:29 PM
Feb 2, 2015
Alright, I am going to try and keep the binary option trades and spot forex trades separate. So with this trading strategy, as you may know, my goal is 3-5% a day. I try to spread the trading throughout the morning between London and NY sessions as well as setup long-term trades between Asia and London. I started Sunday night and I am counting that as Day 1 for this week.
at 11:10 AM
Alright happy Monday morning. I wanted to try and be a little more clear on what the binary options trading room we have going feels like so in the video you will see the skype entry called in the skype room and see people saying what prices they got and what happened at expiry. Today we just had 1 trade and it was a put on the EUR/USD.
at 10:29 AM