good start of the year

the year 2012 we have started quite well:)
we managed to pocket on usdchf +2.5% and we have 'good-looking':) short on gbpusd as well (also +2.25% earned so far)

i have recieved some emails with questions about our group. just in a few words i can say: we trade using cannareks method which is based on technical analysis + volume and supply/demand analysis. everybody is welcomed. i do not want to cut the number of people. i plan to run the group for free in the future - as soon as we manage to create a community around the method.

if you have any questions - just contact me.

end of the year - forex

as you can see last days the market is quite narrow and with low volume.
it is usual sitation that day trading during last days/weeks of the year is not easy.
in spite of that fact i am with profits and i am really glad of it.

from the other hand it is also not rare that during these last days of the year we can find great mid/long term opportunities:)

see details in trading room.

all the best in New Year

dear readers. thank you for all wishes and greetings.

i wish you all the best year in your life. be happy and wealthy and healthy. be sure of you advantages and take the life with no fear:) love and be loved. and of course thousands of beautifull green pips!

a few words

quick update becasue not much time last 2 days.
today i had a small loss (-0.75%) and the day before yesterday small profit +1.5%

as you can see last days are quite strage inmy opinion. usualy last days of the year are not the best moment for trading, day trading specially. from the other side sometimes it is the best moment to find mid/long term point of view and get golden trade:)

good luck and see in the trading room.

nzdusd pending orders

this time i am going to show you cannarek's method with pending orders.
usually i use pending orders only together with significent supply/demand area. below you can see the chart with higlighted 2 areas:
1. first one (the upper one) is supply area, which in my opinion is quite probable to give many pips because the price starting from 7850 has formed lower high (7760) and lower low (7610) - other words sellers are strong here

2. second area is demand area. you can see how the price went up when last time at 7600 - there are buyers definately.

the best scenario is:
1. buy 7600 area and TP at 7725
2. then sell at 7725 and continue move down started on 08.12.2011

good luck.

gbpusd

sometimes forex seems to be so easy. we had Pending Order from 2011.12.06 at 1.5543 (stop at 1.5520) , it was 1/2 position trade

as you can see the pound kicked off as a rocket, exactly at 1.5543 area:) great +100 pips, over +6.5 %

eurgbp

this one is just perfect and beautiful. as you can see in the beginning it was not as easy becasue after 1st sell pattern i had a loss. but the second one was strong way down as expected. this trade was closed with +2.25% profits

see details in trading room.