EURJPY – lovely TS3 sell

Hi Everybody,

The EURUSD was not the only Euro cross rate with a great trade, please see this 1hr chart on the EURJPY. As you can see, not only did the DP nail the recent high a few days ago............... But we also had a lovely TS3 sell that would have had you short just before the recent sharp decline....

As the STF was strong, standard traders would have swapped to the ATRStop, which is currently locking in +7R Profit (ignoring spread)

Another great example of the MTPredictor tools and routines at work in the FOPREX markets.....

Thanks, Steve

Euro does it again...........

Hi Everybody,

Here is another great example, this time on the EURUSD 1 hr chart.

As you can see, there was a lovely DP sell that nailed the high, just before the recent decline. With a nice +5.7R Profit (ignoring spread) at the initial DP target (as the STF was weak), this was a nice trade and a great example of the MTPredictor automatic setups in action. ............

Thanks

Steve

Euro collapse part 2

OK, now we have established that the 4hr chart was at DP resistance, can you see that the `hr Chart was also at DP resistance as well. This was the cue for a short trade.

AS you can see, this got you short as the Euro started to decline. The GBPEUR then went straight though the initial minor DP target ans the short tarde is now being managed using the ATRStop.

With a current Profit of +7R (ignoring spread), this is turning out to be a good trade. So while all the Bankers run around like headless chickens not knowing what is happening, MTPredictor customers are quietly and confidently making money :)

Thanks, Steve

Euro collapse !

Hi Everybody,

As the problems for the Euro hit the news after the debt problems in Greece, the Euro has been declining sharply.... BUT, and here is the good news for all MTPredictor users, the high was right at DP resistance, so a short trade was available to take advantage of this sharp fall...........

Let’s take a closer look.................. First let’s start with the “larger degree trend” on the 4hr EURGBP Chart. As you can see, this high was at DP resistance. In fact this was the DP target area from our previous long trade.... so you all should have been fully aware of this level !

So now let’s move down to the 1hr chart........

Thanks, Steve

EURGBP – follow up

Hi Everybody,

Here is a quick follow up on a post form a few days ago on the EURGBP 4hr chart. As you will have seen, the EURGBP was staring to rally off a DP buy.

Well, this rally continued and the EURGBP has now reached the first profit target, where +6.6R Profit (ignoring spread) was available.

I hope this has been a good example of a trade that has unfolded while these posts have been updated..................

Thanks

Steve

GBPJPY continues lower.....

Hi Everybody.........

Well, as we start a new week, this trade is still going with us and is now on a Profit of approx +11R (ignoring spread).

What a brilliant trade and a great example of how well MTPredictor can nail great trades for you

Thanks, Steve

GBPJPY collapse

Hi Everybody............

Many of you will have seen the sharp move in Cross Rates against the JPY over the last day, so it was very nice to see that we got a lovely TS3 sell on the GBPJPY 4hr chart just before this collapse started.

The result is that this short trade is currently on a very Nice +8.8R Profit (at the time of writing)

Thanks

Steve

EURGBP – 4hr Chart

Hi Everybody,

Here is a nice DP buy that is currently unfolding on the EURGBP.

With stops already at break-even, this is now a free trade, so let’s see how it unfolds ?

Thanks, Steve