I recorded this video on Friday demonstrating the power of my Market Cycle method. Honestly I had no plans to trade during this session since we’ve already made good pips off on the earlier Canadian Employment Change release, but for those students who come in late or were unable to attend the actual news trade, I decided to make several recommendations based on the Market Cycle principle.
market cycle
Just uploaded a video from the last Friday’s live trading session (3/26/10) with my Mastermind Mentoring class. In this particular session I shared some of the most important principles of my trading system, including the importance of fundamental news, market perception, support/resistance levels, market timing, market cycle, and much much more.
This is an example of what I do almost everyday, and I think in this particular session I was able to pack tons of information in just about 18 minutes. If you like this video, please write your comments below. I’d love to hear from you.
… Taken from my Weekly Outlook Report February 22~26, 2010… After this analysis we saw perfect SELL entries on both EUR/USD close to 1.3700 and GBP/USD 1.5580 area… If you had a chance to read this report before the drop, you’d have been on the right side of the market.
Written on 02/21/2010 just before the risk aversion sentiment on Monday/Tuesday
Here is a trade that I took earlier on today based on a few different reasons, but primarily on Market Cycle. Judging from the levels of GBP/JPY at the time of entry and combining with my overall long-term outlook for this pair, and just the general fundamental outlook for the Sterling (GBP) this week, I felt very confident in taking this trade and seeing it to profit in less than 2 hours.
