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Summer is over, we can get back to decent trading


Yep, That’s right my friends, Summer is officially over and the thin markets are about to return to full blast trading.
It’s been a slow Summer tradingwise, trading only scheduled news events and even though I made some good money, it wasn’t easy with the low volumes and markets reacting in weird and wonderful ways. The equity markets showed some serious weakness and once again the ‘double dip’ forecasters were out in force. Gold is approaching a 52 week high while silver is close to breaking $19, and with potential for continued risk aversion we may see a breakout soon.
Still best to wait for a direction following the Non farm Payrolls due out this coming Friday, so until then some minor tradeable news announcements and my usual Forex trading methods.

SNW <== This is the software I use for news trades, it’s very expensive but makes up for about 30% of my monthly profits.

As some of you know I’m also involved in some Network Marketing now and I find that it complements my trading nicely, in fact this Summer I’ve had plenty of time to add new programs and add income streams, so all in all, the slow trading was a good thing.

Anyway, will write new posts as the trading season gets going, in the meantime enjoy the last of the warmth and preparte for a profitable fall and winter.

To Your Mega Success,

YOURS FREE! The MTF Trading Method… an Unconventional Forex System that Works Like Crazy… Click HERE

Getting you there fast

Tel. +44 7898 976 113

Attraction Marketing System

Chat Skype: mark_london1
Contact Me LinkedinFacebookLast.fmTwitter

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How to make 50 pips with no risk – UK GDP


This is a video of an automated news trade made with the ‘Fast Economic News’ software ‘Secret News Weapon‘. One of dozens of trades I’ve been taking for years, and overall contribute about 30% of my monthly profits.  This is the only form of semi auto trading that I use, no robots and no other nonsense.

There is no beating around the bush, no speculative entries and such. It’s simple like today’s UK GDP figures, the expected Month on month was 0.6 and came out 1.1, what do you think will happen? pretty obvious no? With just one trade I cover 5 monthly subscription and there are between 30-60 viable trades a month, do the maths. Note that this video is only 1 broker and that this trade was made on 2 other brokers on a different machine as video slows the machine down.

Anyway watch the video, it’s short. I took off 60% of the trade for 50 pips profit within a few seconds, and the rest was left in for 90 pips profit. If you like the video tweet this, if you want to try the software for a month click here.

Click the Image below to get this wonder

SNW

To Your Mega Success,

Getting you there fast

Tel. +44 7898 976 113

Chat Skype: mark_london1
Contact Me LinkedinFacebookLast.fmTwitter

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Where now for the Euro/USD


Having hit a low of 1.1870, the Euro has climbed it’s way out of the black hole, steadily and with immense gusto. It’s now in it’s 7th week of steady rises, gone are the worries about the PIIGS (Portugal, Ireland, Italy, Greece and Spain). Europe as Europhiles see it, is on the mend and the Euro is being pushed up at a dizzy pace. Right now it is stalling at the 61.8% Fibonacci retracement of the great and fast fall from 1.3680 area to the 1.1870 area. The 61.8% area is at 1.30 and if this barrier is broken, next support is at the 200 MA around 1.32, and a penetration of that takes us to 1.3250 which is the 76.4% retracement.
Fundamentally, US figures continue to disappoint with equities also swinging crazily in thin summer trading. It will therefore be interesting to see if the Euro can reach 1.32 and if it does if it continues to new highs. A lot will depend on news flow from Europe, although right now it seems like Euro love is back big time.

Should the Euro fail here, then a revisit of the lows is not only possible, but will provide further impetus to a move down to parity. With summer trading and thin volumes, this market is best traded with caution.



SNW

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FXCruiseControl Trader – Unheard of Forex system discovered


This system has been designed by a group of young traders from Chicago, who worked for sometime on the floor of the Chicago Board of Trade, before things got too electronic.

They have taken some popular floor trading strategies and programmed them into an easy to follow trading system that breaks down into 3 incredible styles. See The Exclusive VIDEO CLICK HERE

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Forex Market Manipulation


Do you think there is any forex market manipulation?

Consider the following scenario, you represent a major US corporation and you are about to buy a UK based manufacturing company (LOL)  to add to your portfolio. You will need £400,000,000 to complete the transaction and of course you want the best rate possible when you execute the transaction. The GPB/USD is trading at 1.5161 and you would like to buy GBP at 1.5050 average. You call your friendly bank and instruct them to by £400,000,000 at an average rate of 1.5050. Now this represents substantial commission for the banker and a great opportunity to make some extra dosh (mullah, money, dough etc).

So, here is what our friendly banker does, he sees that GBP is trading at 1.5161, he knows that he has a solid buyer at circa 1.5050, so he chooses his moment and starts shorting GBP/USD, as he is shorting at a decent pivot, Fib or resistance point, he is joined in by others. Others who follow him as he is now the axe. Our banker sees that it’s working and he shorts more, the GBP continues to drop, he trades in and out with a net increase in shorts until the price has dropped to 1.5050, he continues shorting and the price drops to a known support level, say at 1.5010, now he starts buying for you, your £400,000,000, step by step and manages to get you in at an average price of 1.5042. You are happy as Larry, the banker is happy as Larry, you got a good price and he made commission and 140 pips profit, easy money.

Now, if you knew there was a massive buyer at a certain level and that buyer had to have the money on a particular date, by a particular time, how easy would that make your trading? how to trade forex?

So is there any Forex market manipulation going on? You bet mate. Can you profit from it, yes you can but not without a good idea of M&A details, costs, dates etc.

If you are a full time day trader or even part time serious trader and haven’t yet invested in a decent news platform, now is the time to do it.

Good Day

Mark

Bob Iaccino Webinar – Daily webinar with Fundamental and Technical outlook and recommended trades.

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SNW

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