Long S&P Swing Trade Setting Up…..

One of my favorite, mechanical swing trade strategies is the simple 8/21 ema crossover strategy. I’ve added a couple of twists to it over the years to improve success rates, but one of ’em is potentially setting up right now on the S&P500.   

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Putting a New Trade on in the Australian Dollar / Japanese Yen Forex Currency Pair

In today’s video I show you how I’m working the US Dollar / Japanese Yen FOREX currency pair trade that I’ve had on now for 7 trading days. As you recall this trade missed my 93 pip first profit objective by only one pip which definitely can be frustrating. Watch the video to see what I’m doing with this trade. Earlier today I initiated a new trade in the Australian Dollar / Japanese Yen that I want you to take a look at. Be sure to watch the video to see exactly why I put on this short trade and how I intend to work it. Have a profitable day and I hope this helps you in your own trading.

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OpEx Price Pinning!

Once a month on Options Expiration, you’ll see some unusual activity on the indices, with the price often being “pinned” near a level with a lot of open option positions. The reason for this price pinning has a lot to do with the institutions hedging these short options positions, which tends to drive the price […]

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LIVE Forex Currency Trade Update on the Japanese Yen, Swiss Franc and Canadian Dollar

On today’s video I’ll show you how I’m only one (1) pip away from having my first profit objective hit (finally) on the US Dollar Japanese Yen trade…once that profit objective is hit that will mean a profit of 93 pips ($930 per standard contract). I will then move my stop to below breakeven so I lock in some money on the remaining 25% of my position. The US Dollar / Swiss Franc and US Dollar / Canadian Dollar trades were stopped out with very small profits and I’m flat (no trades) on these two markets. Watch the video to find out more…have a profitable day and a fantastic weekend and I hope this helps.

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Stops Save

Hi, Friends, It’s been an interesting market. There’s an enormous amount of headline risk, mostly having to do with Europe (Greek elections on Sunday, multiple sovereign downgrades, concerns over bank solvency, just for starters) and because of the uncertainty there’s been some aberrant action. On the foreign exchange desk where I work, afternoons have been […]

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Boom Goes the Dynamite – Prepare for Movement!

Range contraction like we’re seeing….always, ALWAYS leads to Range Expansion, or the start of a new trend…..and since charts have been essentially flat-lined for weeks, prepare for some heavy movement in the days ahead! This also lines up with Greek elections this weekend…. and the FOMC Policy release on Wednesday….so there are plenty of reasons […]

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A Perfect Trade Set Up in the E-Mini S&P 500 Futures Contract

What I would like to do in today’s video is show you what a truly great trade set up looks like when various different factors line up so it makes it easier for you to pull the trigger. This long trade set up in the E-Mini futures contract was at the last support level (in the uptrend) before it was likely to change trend to the downside. There were four great reasons to buy this market and if you passed up on this opportunity you would have been disappointed. Have a profitable day and I hope by learning these reasons for taking this trade helps you in your own trading.

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Enough is enough?

When is enough…..enough? Take your current position’s status into account to determine if it’s possible to close before you take a trip this summer.  

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FOREX Trade Update and E-Mini S&P 500 Futures Trades

On today’s video I give you a brief update and my entire thought process that is going into the three Forex currency pair trades that I’m currently in. As you recall the three live Forex currency pairs that I’m trading are the US Dollar / Japanese Yen, US Dollar / Swiss Franc and the US Dollar / Canadian Dollar. Watch the video to see exactly how I’m managing these trades. I also walk you through four trades on the E-Mini S&P 500 futures market that I know you can learn a lot from. Have a great day and I hope this helps you in your own trading.

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SPYDERS: Proceed With Caution

Hi, Friends, these are interesting times, and there are plenty of very highly paid people, with lots of money under management, who are finding the navigating stressful. Friday brings options, index options and futures expiry, while Sunday offers the Greek elections. There’s plenty of additional headline risk in Europe. If I may summarize, the only good […]

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