The FX Model just keeps on creating opportunities - even during summer slowdown. Today we saw +70 pips for traders in the US session on the 15 minute charts.
In the CHF, during the US session, we moved out of a period of congestion with a brief dip down and then right back to where it was -for +48 pips!
AND, the FX Model caught the action on both ends.
(Click on the image to see full size image)
The GBP broke out of congestion with a breakout signal for those traders in the London session, and then a chance to catch the action in the US session with a Sell signal and an exit at end of day.
+20 pips on either side of the Atlantic
Monday, August 4, 2008
Friday, August 1, 2008
Slow and steady like a turtle
We all know that the KEY to success in any market is sticking to your rules and to your system. In slow summer trading with relatively range-bound price action the Forex Model still picks up the pips...slow and steady.
SPECIAL ANNOUNCEMENT:
This Tuesday August 5th we are hosting a LIVE webinar with both the developer of the software and Todd Brown of The Trading Authority to help you with your trading !
The webinar will present the FX Model software, tips/tricks, market commentary and ways to eliminate fear and greed. This is a rare opportunity to listen to the engineer of the software - not to be missed!
Visit our website to sign up.
SPECIAL ANNOUNCEMENT:
This Tuesday August 5th we are hosting a LIVE webinar with both the developer of the software and Todd Brown of The Trading Authority to help you with your trading !
The webinar will present the FX Model software, tips/tricks, market commentary and ways to eliminate fear and greed. This is a rare opportunity to listen to the engineer of the software - not to be missed!
Visit our website to sign up.
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