Here is last weeks trading results. This is from trade entries sent out to members and used in conjunction with the Traders Edge Candle Stick Analysis. Pair Tuesday Wednesday Thursday Friday EURUSD No trade +50 pips +27 pips No trade GBPUSD No trade +20 pips No trade No trade USDCHF +50 pips No trade +20 […]

Major ructions today in the markets thanks to the ecb and the Bank of England 75 Billion in quantative easing caused a bit of a twitch on the charts ! So for today look for longs of either pivot around 1.3380 or the rising support line below . We may even drop as far as […]

Firstly a look at the 4 hour chart. As can be seen we have been on a good old downtrend for quite a while on this pair. However we are now back at the 38.2 retracement level and daily pivot point. So we need to ask if long positions are the best way foward . […]

Another nice trade this morning on the eurusd off a Bullish Hammer alert. This followed on pretty much exactly in line with the eurusd information posted earlier and provided a nice 70 pips. Remember we are running an introductory one week  trial of the Traders Edge if you want to know more here is the […]

Nice break yesterday off through the trendline that hopefully got some pips for you 🙂 Today looks like the trend may have short term reversed so looking for either a bounce off Pivot following the upward trendline at A. For shorts maybe look at a sustained break of Pivot , however longs may start again […]

Pair is right now in no mans land sitting between support and pivot . So not a great time to enter a trade. 2 Possible entry points for later : one at A ,at the Sloping downtrend line and also at Support 1 at 1.31 Look for shorts firstly from A or if we break […]

Looks like we have some nice support (A) and resistance (B) zones setup here and right now we are sitting pivot at 1.36. So for today look to get long from around the A area on a nice candlestick signal . Or short from here on a break and failure to break back above. Similarly […]

After a great day today with the bullish hammers , it looks like we might be turning south. Marked on the chart we have ,where we are right now 1.3550 at A and pivot around 1.3580. So to look for short positions at A or B we have to see firstly a rejection of that […]

Had a nice Bullish Hammer on the M30 right at our daily analysis this morning which provide a nice bunch of pips. And now watching to see if we get another bounce off the trendline. As another Bullish Hammer just hit the Alert Window I would be a bit watchful right now .

I have marked up the chart here with the support areas A and B.  Look to try to get a long entry from one of those points , only if we see a failure to break down the support and with a nice candlestick signal. If support at  A or B is broken you could […]