In the last recent trade update I briefly went into the smart money model. Here is an extremely clear example of the market consolidation before a large market move. In the last update I also spelled out the facts about consolidation in that it is the vast majority of the time hidden accumulation. Therefore after [...]
Forex Charts Patterns – Do They Increase Your Edge?
Forex chart patterns (increase your edge) Every one trading forex chart patterns knows that they have the potential to increase your edge. Every different chart pattern including triangles, bull and bear flags, Gartley patterns or any other common pattern, all have a certain percentage of successful trade setups. Depending on your money management even a [...]
Learning To Day Trade With Smart Money GBP/USD Short 10/20/2011
Hey! I hope trading is going well for everyone. We’ve seen some nice moves the past few days and I thought I would cover something rather important in this recent trade update that I’ve never really touched on before. This is a bit longer than usual but I can promise you that this information and [...]
Live Forex Room Trades EUR/USD – Week Of 10/10/2011
Let’s get right into the first day trade we took in the forex room this week. The was a standard Jump Bar (JB). Again were not really focusing on the candle or bar but rather the median line. This median line helps us sift through the volatility we have seen lately in the forex market. [...]
BOE Asset Purchase 10/06/2011 GBP/USD
Identifying when consilidation is actually breaking in the forex market can be difficult. What we term the jump bar is one way of identifying that break. The jump bar uses a 1 Moving Average HL/2. The 1MA HL/2 very simply plots the median price of each candle. This is how we identify trade setups for [...]
Forex Day Trading Room 23/09/2011 EUR/CHF
Well I’m finally getting over being sick so I thought I would do a recap of the day trades taken in the forex day trading room this week. Overall we had quite a boring week as far as the NY session is concerned. That being said London was very productive and profitable which was nice! [...]
