Forex Trading Blog

(GRADUAL) BUYING OPPORTUNITY FOR CHEAP OIL

(GRADUAL) BUYING OPPORTUNITY FOR CHEAP OIL

(GRADUAL) BUYING OPPORTUNITY FOR CHEAP OIL OPEC countries are not decreasing their supply in order to maintain their market share. But the current situation may not be here to stay. Medium-long term buying positions may be taken following a gradual path within the $20-$30 range. Global crude oil prices have experienced a free fall during the last two years. The decline has recently reached the...

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What is the Price Action?

What is the Price Action?

What is the Price Action Trading?   Trading through the so-called “Price Action” means to exclusively focus the analysis on the graphical part of the price, leaving tens of oscillators that sometimes are abused in an exaggerated way to the edge. A chart without any indicators is the starting point for any trader who decides to use the Price Action. Prices and future graphic...

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Price Action Opportunity Evo

Price Action Opportunity Evo

FOREX INDICATOR PRICE ACTION OPPORTUNITY EVOLUTION   THE FIRST PRICE ACTION FOREX INDICATOR STOP TO GET CRAZY OVERLOOKING THE CHARTS THE PRICE ACTION OPPORTUNITY INDICATOR FIND THE PRICE ACTION SIGNALS FOR YOU!      A Professional Trader must worry only to be efficient and profitable from today think only to get profits. PA Opportunity evolution v 2.3 will find the price action...

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Martingale Forex Trading Strategies?

Martingale Forex Trading Strategies?

What’s the best way to trade Martingale Forex Trading Strategies?   We are not advocating Martingale strategies. But rather, we respect the Martingale concept and believe it has its place in a trader’s portfolio. The following tips seek to reduce the overall risk and increase the overall success for Martingale traders.   1.       Start small, stay small Start with a small lot...

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NZDJPY Setup

NZDJPY Setup

Current Trade Set Up on the NZDJPY I don’t usually trade the NZDJPY but here is a great setup for a potential big move down on the daily. Wave 4 hit target zone, we have a momentum shift, fundamental data fits and plenty of room on the downside. Let’s let the chart do the talking!   Luke...

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A Technical View Briefing

A Technical View Briefing

Technical Strategy Brief. My current fundamental view for this week 29 July 13:  Unchanged from previous week. USD – Long    JPY – Short GBP – Short    EUR – Short AUD – Strong Short Long:  USDJPY Short:  EURUSD, GBPUSD, AUDUSD One strategy I use combines Elliott Wave, Fibonacci and the Awesome Oscillator.  Without going into too much detail I trade the 5th wave mostly on the...

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Fundamental View Part 2

Fundamental View Part 2

MY VIEW for 12 July 2013 The focus of my fundamental view is based on 5 major currencies (USD, EUR, GBP, AUD & JPY).  So from my previous blog MY current (12 July 2013) fundamental view & why of each currency is as follows: USD – Long – US Fed Reserve tapering.  US Economy on the improve. EUR – Short – Possibility to reduce interest rates to ‘0’. GBP – Short – Bank of...

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At the beginning there was a plan…

At the beginning there was a plan…

A daily fundamental view to making you a better trader (step by step)   You need to develop your OWN view on which way you think the market is going.  Whether it is right or wrong it doesn’t matter as long as you own it.  Why?  Because you will learn more and you are probably more likely to listen to what you have to say!   Step 1:  Check out the last 20 minutes of the US Session...

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Luke Macumber

Luke Macumber

My passion in life has been greatly defined by my experiences in trading the markets.  My journey began many years ago trading the equities market in Australia, progressing into options, cfd’s, futures & FX.  I was immediately hooked and my life long love affair with trading began.   I’ve been trading the currency market since late 2007 and am currently working as a Proprietary Trader...

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THIRTY DAYS COURSE

THIRTY DAYS COURSE

Following the huge amount of requests received: it is finally here!   FOREX TRADING CLASS   NON DIRECTIONAL   30 DAYS LONG   LEARN HOW TO SQUEEZE A COLOSSAL AMOUNT OF PIPS FROM THE MARKET IT’S GOING TO BE FANTASTIC! During the first 2 weeks of our Forex trading in 30 DAYS course, you will POCKET OVER 500 PIPS by trading along with your PERSONAL TRAINER, who will follow you step by...

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