Tuesday, August 27, 2013

The beauty of Forex trading

With Monday August 26 being a Bank Holiday in UK trade in forex was much lighter and trades produced were nothing to be proud about. This is normally followed by some great trading days. And so it is today. Early enough JPY started moving North fast while GBP was losing some of it’s strength. The pairs that include JPY are producing some excellent trades as you can see in the following charts and table.

Trading coaching and posting occupies most of my time every day. The only way to see the effectiveness of GemsBot Indicators is to try them out on your own computer. See details here http://www.gemsbot.com/members/trial.html

$VXX and $UVXY ready to go up for a swing trade.

Will go long at the open both $VXX and $UVXY and move to a broker that trades them premarket…lol..

Monday, August 26, 2013

GBPAUD continues to produce the best trades overall this year.

A pretty simple and profitable way to trade Forex, both for newbies and seasoned traders, is to just follow our proprietary Solo and Power indicators. You enter a trade when they are both green or red at the same time and exit and stay flat when colors differ. You can use your own timeframe to suit your trading style, the results are equally impressive. And bear in mind that the video depicts trades from just one pair. In practice we use an easy to follow selection process to guide us to which pair to trade at anytime. In addition our more sophisticated indicators like the Smart or the SSI enhance our profitability accelerating the increase of our accounts balance. See the trades on your own computer now. http://bit.ly/138STHD  

Wednesday, August 21, 2013

The Champion ... GBPCAD ... 400 pips on 30m

and if you count the Sprints and the Runs add on trades...you lose count...not money !

Tuesday, August 20, 2013

Video of Forex Basket Trades

GBPAUD is still the leading pair

Increased Forex volatility

As we are getting closer to the release of the FOMC minutes on Wednesday volatility has increased in the spot Forex markets. The fear that Bernanke and his team will indicate a tapering of the hand outs is enough to give a jolt to all markets.

The AUD continues to be the most profitable currency to trade, more so in conjunction with GBP. And the latecomer CAD competes with JPY for the third position in performance. See the table here below.

Wednesday, August 7, 2013

Monday, August 5, 2013

Forex Basket Trades Open P&L by GemsBot Aug 5, 2013

Using our proprietary indicators the Smart, Solo and Power, or any one of them you would have been laughing all the way to the bank the last few months. You have to see it live to believe it, from as low as 1 dime per day http://bit.ly/12uXfW2

Friday, August 2, 2013

NFP ...scared people...Gold bounced

Forex or hopscotch… same difference

One of the initial difficulties than new traders to forex are faced with is to decide which pair to trade with. So often I see people trading a low volatility pair like EURGBP or USDCAD not realizing that at the same time pairs like GBPAUD or GBPJPY are moving at three or more times the speed of the former.

We have made the selection of which pair to trade as easy as hopscotch in two ways.

First with our indicators within an eSignal watch list that measures the daily range and the average range over a period of time. 

But when it becomes a child’s play is when we export the results of our eSignal indicators to Excel where the interrelationship of each currency is examined with complex algorithms and evaluated with each tick. A scrolling spreadsheet depicts continuously which are the best pairs to go long or short at any time of the day you decide to start trading.

Test it on your computer… and the rest will soon be history !

Gold...loosing its shine once again