Geo-Political news bearing the bull.....

Well the Sterling did bull today after yesterday news, had a nice retracement to 1.5714 or 1.5717 depending on where you get your price quotes from (review yesterday blog), it peak a lot earlier than I thought 10:30A.M. est.  After that it was a Greenback day.  Hitting 1.5579 by 3:00 P.M. est.

The Euro hit a high of 1.3678 by 6 A.M. est., I track a bull of 1.3775 for today, but the Geo-Political meetings and news is too dovish...so it didn't even reach 1.3700.

Ok, going into Friday, Geo-Political meetings has alot of the money on the side-lines or short.. Oh, yesterday I said I had 1 lot of Euro at 1.3615, I took 43 pips profit at 4:30 A.M. est. Now I'm have 1 Sterling at 1.5690 I could have take profit this morning around 10:30 A.M. est., for about 10 or 15 pips, but I didn't & I had to leave so I  put a take profit point of 1.5715 with my software and what happen?  Sterling hit, 1.5714.2, I miss my profit goal by .8 of a pip, I wasn't near my software, now I'm staying on the side-lines this last day of the week, even though Canada has HIGH volume news coming out at Friday at 8:30 A.M est.

As I'm writing right now, Sterling is at, 1.5590 it looks technically bearish,(I'm still holding my lot) if Sterling breaks up through 1.5622 it should finish Friday at 1.5729-1.5792.  The Euro, is at 1.3530 very bearish if the Euro breaks through 1.3597 it should also finish friday bullish at 1.3700-1.3753.

China has some news coming out this weekend after market hours, it may also be effecting volume.  All the extra dovish media isn't good for the Dow either... Raise rates between the banks, raise interest rates! Hawk!!

Thank you for your time and have a great weekend..

Thursday bid price goals....

Once the Euro and Sterling recover from the USD fundamental news a good bull-day would be hitting a price of, 1.5715 for the Sterling.  The Euro would be a range of 1.3775-1.3804 between 11:00 A.M. est. - 2:00 P.M. est., Thursday...for both...

Thank you for your time and have a great day..

http://www.speedtrader24.com/

high volume USD news......bear

Wedensday, Euro and Sterling session was bullish until, USD news was released at 8:30 a.m. est... the bear appeared, but the Euro and Sterling held ground  for a while, but fundamental events take over technicals, it was bullish for the greenback today. One think, when trading, trade with the trend or don't trade....  The  volume is a given it's a 6 trillion dollar market, ok as I said yesterday I wasn't speedtrading, I closed my Sterling lot for a 10 pip profit after the news(1.5543) was release at 8:30 a.m.... and what did I do, sometime I shouldn't---brought the Euro at 1.3615, why? well fundamental trade volume doesn't last long most of the time, plus HIGH volume Euro news is coming out 3:55 A.M. est., Thursday.  Sterling news is also coming out at 4:30 A.M. est., it Medium volume status.

Technically I should not own Euro at this price, as of 7:05 P.M. est. the Euro is at: 1.3541.  I'm technically bullish on the Sterling and Euro, however if the Sterling breaks below 1.5551 and goes bearish the support will be 1.5509-1.5500, if that support doesn't hold it will be a Big bear, or bullish for the Greenback, but bearish for the Euro, Sterling and The Dow....

Thank you for your time and have a great day....

Bullish Volume..

Euro and Sterling had bullish session today, Euro hitting 1.3655 around 9:00 a.m. est. and then touch 1.3660 at 2:00 p.m. (please review yesterdays blog).  The Sterling all bull just going over, 1.5700 by 10:30 a.m. est...

I miss alot of the bullish move, I wasn't around my platform today at the right times, life happens, anyway I took 15 pips just before mid-night, took 3 pips about a hour later, and took 30 pips around 7:00 a.m est..  I should have put in a take profit number with my software but I did, anyway it's about taking consistent profits and keeping loses low or having none.

Ok, we have HIGH ranking fundamentals (news) in the Euro-sector at 2:00 a.m. est., should be strong volume, furthermore at 8:30 a.m. est. we have more HIGH ranking news for the Greenback. A lot of people are down on the market, I technically think it's bullish, I think support was hit with that bear move last week.

Well I'm not really speedtrading tonight I'm going to be in on the Euro-news and track trade the result.  I'm bought 1 lot of Sterling tonight at 1.5632, I technically like Sterling bulls between 1.5500-1.5750, as we saw today (take profits), Wedesday a strong Sterling hits, 1.5775+ looking at my charts and higher time frames I see the Sterling hitting, 1.5915-1.5925 within 5 days.. I don't see any real resistance technically until that point, fundamentally Sterling has no news coming out the rest of the week, it's mainly Euro and Greenback data...

Thank you for your time and have a great day...www.createspace.com/3597011

Dollar strength of the last month is weaker.

Much is said about the Euro zone, but it's not as bad as the United States, the Euro and Sterling are stronger today, the Sterling is above 1.5500 as of 7:30 p.m. est., and the Euro's fundamentals are stronger, this morning, tuesday at 2:00 A.M., more fundamental volume will be in with, consumer confidence news, I'm in all ready at 1.3512, it's about 7:35 p.m. est., I maybe out before the release, more than likely within the hour or 1.5 hours, if the Euro breaks 1.3535, technically I'm  tracking 100 pip move by 12:00 noon, est. Tuesday the 27th, that's a technical move, we have news coming out so, the release my be negative..., if so Euro strength will be delayed, but recover.

The Sterling is holding above 1.5500 which is strong, if Sterling bulls come in during the Tuesday London session, the next 250 pips should be bullish for Sterling.

Thank you for your time and have a great day...

euro ifo news (fundamental speed trade)

Good morning, good numbers for the euro this morning the fundamental or news report came out 4 am. est. all numbers were above expectations the session was strong just before news was release.  The Euro opens at 3 am, I took it at 1.3410 it drop too 1.3350, the news was bullish just before 5 am est, it hit 1.3480, I got out at 1.3447 just before 6 am, 35 pips in a few hours, my exit was 15 pips too slow, but it's a strong trade.  The Sterling was also strong off the news, tracking Sterling is sweet, for some reason it reads excellent, but since it was Euro news I didn't purchase it during this fundamental session, it's testing 1.5500 anyway.....

If you have questions, ask...., if you don't want too ask, read, "Speed of Space".

Thanks for your time and have a great day...

Offering the Foreign Exchange Market

Great day, just want to let individuals know about the forex market, it's an service for individuals and not just the large banks and investment firms.  My book, "Speed of Space" offers the technicals you need to take consistent profits, but the key is to keep your loses low.  It's not a gamble it's about technical or fundamental decisions (news releases)....The past month the USD is the bull against the EURO and STERLING...  Currency trading isn't investing it's about taking fast profits using quantitative analysis.

Thank you for your time and have a great day...