Hello everyone!

Yes, yes, I know. It’s been ages I haven’t posted on the blog and I must apologize for that. I didn’t mean to stop posting this abruptly but I didn’t expect to be this busy either. Let me explain…

Few weeks ago I was offered to get involved in a very interesting project with the right bunch of people. You know, that kind of opportunity you just cannot say “no”. Well, at the beginning it was meant to be only a two-week thing, but somehow it’s stretched out into something way more complex (and demanding!). That’s why I didn’t post anything, because I wasn’t supposed to be away for long… but as it happens, it’s been already two months and there’s no sign of this -damn- project to be finished any time soon…

So I just wanted to drop a few lines here on the blog to let you all know that I am still around - I just haven’t been able to keep up with the blog: after my daily trading routine, I work in this new project for few more hours all the way until dinner time. Quite frankly guys, the last thing I feel like doing after dinner is to sit at the computer, upload videos on my server, post on the blog, etc. It’s too much and there are just so many things one man can cope with at once without going crazy :p

To sum it up: for the time being I need to continue putting the blog on hold until my work-load somewhat slows down back to normal levels. I swear sometimes I wish I didn’t sign up for this new business I’m dug into, but well, oh well…

Anyway guys, that’s all for now. As usual, please be very welcome to send me any email, question or chart you wish. I will be glad to help you out as much as possible no matter whether it’s here on the blog or by email.

I will be speaking to you soon… or at least I hope so!!!


-HECTOR-

Hello traders.

Today I have taken no trade despite the fact that at one point early this morning I was about to trigger a long entry on EURAUD: it was a typical London Open Breakout type of trade and, as price broke above the high of the Tokyo session, I was sharpening my claws to get a piece of the move. However, upon having checked the longer time frames, I decided not to due to the powerful long-term downtrend falling in the neighborhood. So I decided to play it safe and passed on the setup all together.

Perhaps it’s best if I just show you the video…

Get the Flash Player to see this player.
Do you want to receive my periodical emails with useful trading tips, strategies, systems and all around interesting stuff? Sign up to my News Letter at the top-right corner of this page!

Hello traders,

Today I took a quick intraday trade on the Aussie (AUDUSD). You know, aiming for nothing but a fistful of pips before launch time for the lack on any better trading opportunity around.

Today’s trade is a clear example of Round Numbers as I explain them on chapter #4 of my Forex trading course, and more specifically how they work as “pivot points” for intraday price action.

In this particular case, I saw the Aussie breaking through the 0.9600 round number -which had worked as resistance yesterday- and I went long aiming for the next round number at 0.9650. The swing took place in quite a momentum considering the Aussie is a slow-moving currency pair and I managed to fish +26 pips within an hours and a half or so.

Let me show you the live video here below.

Get the Flash Player to see this player.
Do you want to receive my periodical emails with useful trading tips, strategies, systems and all around interesting stuff? Sign up to my News Letter at the top-right corner of this page!

Hello traders!

Yes, only six pips off the mark… that how close today’s trade got from my final target!

Around noon London time I entered a short entry on GBPNZD upon breaking the low of the Tokyo session in the direction of the intra-week trade. Immediately after, price cruised south beautifully, and within the hour my final target was at my finger prints… but I was not to get lucky today apparently. Indeed, the GBPNZD pulled a U-turn up and as price loomed again over my entry level I decided to manually exit for a scratch trade barely enough to cover the spread cost.

Quite unfortunate really, as it would have been a 90-pip trade had price run just a little bit further.

Get the Flash Player to see this player.
Do you want to receive my periodical emails with useful trading tips, strategies, systems and all around interesting stuff? Sign up to my News Letter at the top-right corner of this page!

Hello traders,

Am I the only one finding CAD-strength across the board? I am seeing a few CAD-pairs tilting towards the side of the Looney.

In particular, I’d like to point out the EURCAD which is breaking through a long term up-trendline - if that breakout confirms, we might see further down-moves from 1.5400 to 1.5200, and I will try to squeeze some pips off that move. Moreover, the NZDCAD is also heavily trending south and I am just waiting for a pullback before searching for short opportunities.

But I reckon it’s best if I show you the setups in the following video!

PS: in yesterday’s video I was talking about EURAUD’s bounce off a long-term up-trendline, remember? well, have a look at EURAUD today: a solid bullish price action all day long! Like I always say, it does pay off paying attention to the long-term charts!

Get the Flash Player to see this player.
Do you want to receive my periodical emails with useful trading tips, strategies, systems and all around interesting stuff? Sign up to my News Letter at the top-right corner of this page!