Vampire Trading Networks Free Forex Alerts.
The EURO- This is a hard chart to read. You have a definitive grid break to the southbound side. Trend though is hard to determine. It is slightly North at this time. I will pass on this trade, to wishy washy.
The POUND- This one was entered in a Northbound trade on October 12th and as of now is up 415 pips. Way to go!!
The EURO/JPY- No new grid breaks or trades. We got stopped out of a trade that began on the 17th. The stop out occured on the 27th for a loss of about 250 pips. YOIKS!, lol.
The GBP/JPY- On the 17th we had a successful Southbound trade which provided us, the very next day with 90 pips. Nothing since then.
The AUD/USD- On the 21st we had a real good Northbound trade which yielded 250 pips. It is now giving a Southbound grid break entrance. If I take this it will be with low lottage. Again, trend is hard to determine.
The USD/CHF- We have a Northbound grid break. I am going to take this till first target which will yield 25 pips. At that time, I will move my stop to break even and pull 80% of the trade. I do not feel there is enough wiggle room to give the trade much of a chance to yield more.
Any good forex trading strategy takes the trend into account. Certain contrarian forex trading systems even count on a trade going against the trend in order to give them an entrance.
I will take trades that are against the trend, however, there will be a large reduction in the amount of lots that I will put on the trade. That way I get the fun of being in the trade, but at the same time, I have severely limited my amount of risk in the trade. This small bit of forex money management can save you tons of cash.
If you have not developed the trading discipline to trade lightly when conditions are not perfect, you are better off not trading at all, unless all ducks line up in a nice neat row.
Trade safe,
Dr. Bob
Dr. Bobs, Daily FX Analysis. Every Day at a little after p6m Eastern Time, Dr. Bob will give his free Daily FX alert/signals to all. All free forex alerts are based on the Daily Chart of the Alpari MT4 platform. It is perfect for those who do not wish to put in the time with forex analysis to design the own trade system. Please note that all of Dr. Bob's analysis is based on either the Sharak Grid Trade System, The Big Breakfast, The Silver Bullet, or Hanna's Autumn Strategy.
Monday, October 31, 2011
Forex Alerts Daily Channel Numbers
FREE FOREX ALERTS WEEKLY CHANNEL NUMBERS
THE EURO- 1.45180 AND 1.38758 FOUR DIVISIONS
THE POUND- 1.59935 AND 1.53372 FOUR DIVISIONS
THE GRAVEYARD- 121.669 AND 120.068
NO DIVISIONS
THE EJ- 105.970 AND 102.540 TWO DIVISIONS
THE ROO- 1.04666 AND 1.01597 TWO DIVISIONS
THE CHEESE- .90803 AND .88070. Please note that all these channels are taken off of the Daily time frame
These are the grid numbers that we are using for our daily picks. Please note that the new candles comes out at 6pm eastern time and the daily grid picks will appear shortly after.
Trade safe,
Dr. Bob
THE EURO- 1.45180 AND 1.38758 FOUR DIVISIONS
THE POUND- 1.59935 AND 1.53372 FOUR DIVISIONS
THE GRAVEYARD- 121.669 AND 120.068
NO DIVISIONS
THE EJ- 105.970 AND 102.540 TWO DIVISIONS
THE ROO- 1.04666 AND 1.01597 TWO DIVISIONS
THE CHEESE- .90803 AND .88070. Please note that all these channels are taken off of the Daily time frame
These are the grid numbers that we are using for our daily picks. Please note that the new candles comes out at 6pm eastern time and the daily grid picks will appear shortly after.
Trade safe,
Dr. Bob
Sunday, October 30, 2011
The Vampire Trading Networks Free Forex Alerts.
The Vampire Trading Networks Free Forex Alerts
Hello Vampires, it's Sunday evening and I have just opened up my charts to take a looks see at what's what in Forex Trading tonight. The Vampires Trading Networks Free Forex Alerts have worked out very well so far netting over four hundred pips for those that followed them and used Sharaks Scale Out Tool. We shall see if we can beat that this week. Many of the trades have been going on for weeks now. That is definitely not something that we are used to. This trading off of the day chart is a new experience for most of us. It does however usually come with a hefty stop loss so make sure you adjust your lottage accordingly. Also reset your parameters for breakeven and grid size for each pair you trade using Sharaks Scale Out Tool.
And now, lets see some Charts!
The EURO (EUR/USD)- We have been in a North bound trade since October 12th. That trade continues. So far we are up 850 pips on that trade.
The POUND (GBP/USD)- There was a nice grid break on October 7th, but the wick went to close to first target which disqualified that candle for a trade. We did however recieve another qualified entrance four candles later on October 12th, the same as the EURO. We then exited the trade on the 26th when we encountered an opposing candle. The candle was good enough for an exit, but did not however qualify as an entrance candle due to its weakness on the North side of the candle.
The trade netted us 255 pips.
The GRAVEYARD, (GBP/JPY)- The Graveyard has not had any grid breaks in a few weeks and is therefore not presently in any trades. Its last grid break and therefore trade was South Bound on October 17th and the trade netted 85 pips.
The EJ, (EUR/JPY)- The EJ has had a bumby ride for a few days starting on October 10th when it got a Northbound entrace and rode it for an easy 130 pips. The trade was ended by an opposing straddle on the 13th.
We then got a Southside entrance on October 17th which turned out to be a fake and cost us 200 pips. It was a bummer but nothing in comparison to our gains.
The ROO (AUD/USD)- We have been in a Northbound trade on the ROO since October 21st and have locked in 250 pips. We are currently up at the time of this writing about 350 pips in total.
Yea Roo, lets see what you can do!
The CHEESE (USD/CHF)- No Grid Breaks on the CHEESE. All is quiet on the cheesey front.
Trade safe Vampires,
I hope many of you are in these trades.
Dr. Bob
Hello Vampires, it's Sunday evening and I have just opened up my charts to take a looks see at what's what in Forex Trading tonight. The Vampires Trading Networks Free Forex Alerts have worked out very well so far netting over four hundred pips for those that followed them and used Sharaks Scale Out Tool. We shall see if we can beat that this week. Many of the trades have been going on for weeks now. That is definitely not something that we are used to. This trading off of the day chart is a new experience for most of us. It does however usually come with a hefty stop loss so make sure you adjust your lottage accordingly. Also reset your parameters for breakeven and grid size for each pair you trade using Sharaks Scale Out Tool.
And now, lets see some Charts!
The EURO (EUR/USD)- We have been in a North bound trade since October 12th. That trade continues. So far we are up 850 pips on that trade.
The POUND (GBP/USD)- There was a nice grid break on October 7th, but the wick went to close to first target which disqualified that candle for a trade. We did however recieve another qualified entrance four candles later on October 12th, the same as the EURO. We then exited the trade on the 26th when we encountered an opposing candle. The candle was good enough for an exit, but did not however qualify as an entrance candle due to its weakness on the North side of the candle.
The trade netted us 255 pips.
The GRAVEYARD, (GBP/JPY)- The Graveyard has not had any grid breaks in a few weeks and is therefore not presently in any trades. Its last grid break and therefore trade was South Bound on October 17th and the trade netted 85 pips.
The EJ, (EUR/JPY)- The EJ has had a bumby ride for a few days starting on October 10th when it got a Northbound entrace and rode it for an easy 130 pips. The trade was ended by an opposing straddle on the 13th.
We then got a Southside entrance on October 17th which turned out to be a fake and cost us 200 pips. It was a bummer but nothing in comparison to our gains.
The ROO (AUD/USD)- We have been in a Northbound trade on the ROO since October 21st and have locked in 250 pips. We are currently up at the time of this writing about 350 pips in total.
Yea Roo, lets see what you can do!
The CHEESE (USD/CHF)- No Grid Breaks on the CHEESE. All is quiet on the cheesey front.
Trade safe Vampires,
I hope many of you are in these trades.
Dr. Bob
How to Make a Comment on the Blog/Forex Forum
In this Post I will teach you how to answer or make comments to the blog posts that you read on this blog. Many of you have had trouble (including myself), so John and I tested it out and figured out the easy ways to do it.
When you go to make a comment on the blog, it will ask you for your google or AIM account and passwords. If you have one or the other just fill in the info. You will have to do this each time you make another comment. If you dont have a google or AIM account, it will let you sign up for one.
You can also comment without any accounts at all simply by picking anonymous when the dropdown asks for your account information. If you pick anonymous, please make sure to sign your post. Unsigned posts may be deleted.
Trade safe,
Dr. Bob
When you go to make a comment on the blog, it will ask you for your google or AIM account and passwords. If you have one or the other just fill in the info. You will have to do this each time you make another comment. If you dont have a google or AIM account, it will let you sign up for one.
You can also comment without any accounts at all simply by picking anonymous when the dropdown asks for your account information. If you pick anonymous, please make sure to sign your post. Unsigned posts may be deleted.
Trade safe,
Dr. Bob
Thursday, October 27, 2011
Vampire Trading Network Free Forex Alerts
The Vampire Trading Network Free Forex Alerts
EURO- We are still in a Northbound trade which started on the 12th. As of this point we are up over 400 protected pips.
POUND- Same deal, still in a trade since the 12th. We are up about 350 pips with 250 locked banked and protected.
EJ- Got stopped out of a short trade on the ej. Took a hit of 200 pips. SH-ugar!!!
The Graveyard- Nothing happening
The Roo- Also in a long trade since the 21st. Up at this very second 356 pips with 252 protected.
The Cheese- We just got a short entrance on the Cheese, against the trend. Protect profits and set stops. .85337 is first target.
Today is Thursday. Winning Forex Traders do not put Friday trades into most of their trading plans. The exception to this is of course trading the Daily Charts. Daily charts do not have the noise that you see on the lower time frames.
News does not affect the daily charts as much, unless it is earth shattering, in which case it affects everything.
I am not taking the entrance on the Cheese, you can if you like of course. To me it is to far from the trend.
When we set out to learn currency trading, we might as well learn it right from the start. Trading against the trend is a risk.
Trade Safe,
Dr. Bob
EURO- We are still in a Northbound trade which started on the 12th. As of this point we are up over 400 protected pips.
POUND- Same deal, still in a trade since the 12th. We are up about 350 pips with 250 locked banked and protected.
EJ- Got stopped out of a short trade on the ej. Took a hit of 200 pips. SH-ugar!!!
The Graveyard- Nothing happening
The Roo- Also in a long trade since the 21st. Up at this very second 356 pips with 252 protected.
The Cheese- We just got a short entrance on the Cheese, against the trend. Protect profits and set stops. .85337 is first target.
Today is Thursday. Winning Forex Traders do not put Friday trades into most of their trading plans. The exception to this is of course trading the Daily Charts. Daily charts do not have the noise that you see on the lower time frames.
News does not affect the daily charts as much, unless it is earth shattering, in which case it affects everything.
I am not taking the entrance on the Cheese, you can if you like of course. To me it is to far from the trend.
When we set out to learn currency trading, we might as well learn it right from the start. Trading against the trend is a risk.
Trade Safe,
Dr. Bob
Wednesday, October 26, 2011
Vampire Trading Networks Free Forex Alerts
VTN Free Forex Alert Service.
EURO- There are no new grid breaks on the Euro today.
POUND- There are no new grid breaks on the Puound today.
E/J- We are still in the short trade which began on the 17th. We are right about at break even. It hasn't moved in 8 days. Consider pulling.
The Graveyard- Nothing new coming out of the GBP/JPY.
The Roo- We ain't seen nothing new coming from the Roo! AUD/USD.
The Cheese- Sit tonite with comfort and ease, cause nothing new is seen from the cheese.
One of the hardest things for the trader to capture when forex tip trading,(alerts), is patience. In and of itself forex strategy trading is difficult at best. The discipline required in any type of financial market trading is an impossible task for some traders, and only the strongest survive.
You my friends over the years have demonstrated that you are the strongest.
For people who choose forex tip trading, it is an especially daunting task for the trades seem out of your control, and they are in effect in the hands of another. But you must remember when trading alerts; always do your own due dilligence. It is ok to trade an alert but you must ask yourself, if I didn't recieve this alert, would I still make this trade.
To trade, or not to trade, that is the question. Whether it is nobler in the mind to suffer the whipsaws of this outrageous market, or in its place, to die, without trying, in a sea of poverty.
Ahhhh, that's the rub.
Trade safe Vampires,
Dr. Bob
EURO- There are no new grid breaks on the Euro today.
POUND- There are no new grid breaks on the Puound today.
E/J- We are still in the short trade which began on the 17th. We are right about at break even. It hasn't moved in 8 days. Consider pulling.
The Graveyard- Nothing new coming out of the GBP/JPY.
The Roo- We ain't seen nothing new coming from the Roo! AUD/USD.
The Cheese- Sit tonite with comfort and ease, cause nothing new is seen from the cheese.
One of the hardest things for the trader to capture when forex tip trading,(alerts), is patience. In and of itself forex strategy trading is difficult at best. The discipline required in any type of financial market trading is an impossible task for some traders, and only the strongest survive.
You my friends over the years have demonstrated that you are the strongest.
For people who choose forex tip trading, it is an especially daunting task for the trades seem out of your control, and they are in effect in the hands of another. But you must remember when trading alerts; always do your own due dilligence. It is ok to trade an alert but you must ask yourself, if I didn't recieve this alert, would I still make this trade.
To trade, or not to trade, that is the question. Whether it is nobler in the mind to suffer the whipsaws of this outrageous market, or in its place, to die, without trying, in a sea of poverty.
Ahhhh, that's the rub.
Trade safe Vampires,
Dr. Bob
Tuesday, October 25, 2011
Free Vampire Forex Alert Service
The Free Vampire Forex Alert Service
based on the daily charts.
EURO- No new grid breaks, no open trades
The Pound (GBP/USD)- The last break was on October the 12th. We are still in that trade. So far we have banked 245 pips, and it's still on the move.
EJ (EURO/JPY)- On Oct. 10th we entered a north bound trade which produced 310 pips, that trade closed on the 13th. On the 17th we entered a southbound trade which has been in an LDD pattern for the past 7 days. At present we are down 25 pips on the second trade. If you just closed it out, I wouldn't think bad of ya.
The Graveyard (GBP/JPY)- On Oct 18th the graveyard finished a southbound grid break for 90 banked pips. No new breaks to report.
The Roo (AUD/USD)- A daily grid break occurred on the 6th of October. If you took it and stayed with it. You are now up over 700 pips. Hope you are using Sharaks Grid Trade Scale Out Tool. If you are not, it is an almost impossible feat of endurance to stay with the trade for that long. The body just won't do it.
The Cheese (USD/CHF)- Northbound trade entered on the 17th pulled down 90 pips. No new grid breaks or entries.
Are you trading the Sharak Grid Trade Strategy?
If not, why? I will assume you are listening to at least some of the daily webinars. You see the results of this fabulous Forex Trading Strategy. It is definitely the best that I have seen as far as it gives you a definitive entrance and exit.
One of the things that make it most difficult for newbie and veteran trader is the subjectivity of the indicator that you are using. For instance; is that enough angle and separation?, is that stochastic to much into the over bought area, etc.
Sharak's Forex Trading System takes all of that away. If the darn thing is straddling you take the trade. And that is that !
Trade Safe Vampires,
Dr. Bob
based on the daily charts.
EURO- No new grid breaks, no open trades
The Pound (GBP/USD)- The last break was on October the 12th. We are still in that trade. So far we have banked 245 pips, and it's still on the move.
EJ (EURO/JPY)- On Oct. 10th we entered a north bound trade which produced 310 pips, that trade closed on the 13th. On the 17th we entered a southbound trade which has been in an LDD pattern for the past 7 days. At present we are down 25 pips on the second trade. If you just closed it out, I wouldn't think bad of ya.
The Graveyard (GBP/JPY)- On Oct 18th the graveyard finished a southbound grid break for 90 banked pips. No new breaks to report.
The Roo (AUD/USD)- A daily grid break occurred on the 6th of October. If you took it and stayed with it. You are now up over 700 pips. Hope you are using Sharaks Grid Trade Scale Out Tool. If you are not, it is an almost impossible feat of endurance to stay with the trade for that long. The body just won't do it.
The Cheese (USD/CHF)- Northbound trade entered on the 17th pulled down 90 pips. No new grid breaks or entries.
Are you trading the Sharak Grid Trade Strategy?
If not, why? I will assume you are listening to at least some of the daily webinars. You see the results of this fabulous Forex Trading Strategy. It is definitely the best that I have seen as far as it gives you a definitive entrance and exit.
One of the things that make it most difficult for newbie and veteran trader is the subjectivity of the indicator that you are using. For instance; is that enough angle and separation?, is that stochastic to much into the over bought area, etc.
Sharak's Forex Trading System takes all of that away. If the darn thing is straddling you take the trade. And that is that !
Trade Safe Vampires,
Dr. Bob
Monday, October 24, 2011
The Free Vampire Forex Alert Service
EURO- There are no new grid breaks on the euro today. We are still in a trade that started October 12th. (long). At the time of thiswriting we are up ab out 160 pips. Money has been taken and stops are at break even.
POUND- Like the euro there are no new grid breaks. We are in a trade since the 12th. So far, we are up 250 pips, and stops are at break even.
Euro/Jpy- No new breaks however we are in a short trade since the 17th. We are down about 15 pips.
The Graveyard (GPB/JPY)- No straddles, and not in any trades at the moment.
The Aussie (AUD/USD)- No new straddles, but we are in a trade since the 21st. So far up about a hundred pips.
The Cheese (USD/CHF)- No new straddles, no open trades.
One of the things that I love the most about Sharaks Grid Trade Strategy is the fact that it is almost kind of possible to trade on the day chart with about an hour a day worth of effort. Yea, I know the ads say ten minutes a day. That is complete horse dung!
Winning forex trades come through a series of planning and patience.
If you don't have both, learn them!
Trade Safe,
Doc
EURO- There are no new grid breaks on the euro today. We are still in a trade that started October 12th. (long). At the time of thiswriting we are up ab out 160 pips. Money has been taken and stops are at break even.
POUND- Like the euro there are no new grid breaks. We are in a trade since the 12th. So far, we are up 250 pips, and stops are at break even.
Euro/Jpy- No new breaks however we are in a short trade since the 17th. We are down about 15 pips.
The Graveyard (GPB/JPY)- No straddles, and not in any trades at the moment.
The Aussie (AUD/USD)- No new straddles, but we are in a trade since the 21st. So far up about a hundred pips.
The Cheese (USD/CHF)- No new straddles, no open trades.
One of the things that I love the most about Sharaks Grid Trade Strategy is the fact that it is almost kind of possible to trade on the day chart with about an hour a day worth of effort. Yea, I know the ads say ten minutes a day. That is complete horse dung!
Winning forex trades come through a series of planning and patience.
If you don't have both, learn them!
Trade Safe,
Doc
Sunday, October 23, 2011
Grid Strategy Channel Numbers
Greetings Vampires!
There are many currency trading strategies on the market today. It is fairly easy to find Currency Trading Training too.
When Iwas looking for some sort of education, I found many different eclectic schools from which to choose from. Most taught basic old school forex trading methods, based on all the standard indicators. Good stuff to know. Waste of time to pay for it. Buy a book.
I always used to look for the non pompous schools that never tried to see me on using one system and one system only, that it works in every season, in every year, and every decade. If I found that it was indeed what they had to offer, the first thing I would then ask is what is their marvelous Currency Trading Tutorial all about. If it was not strongly based in Support and Resistance then I knew that the system they were hawking could not stand up to the test of time.
One of the things that I love most about the Vampire Trading Network is the fact that they are always growing. Hanna and I are always looking for new ways to use the grid trade strategy as confirmations and exits for other strategies such as the classic or the big breakfast, or even the autumn.
John is constantly throwing improvements into the Big Breakfast. He has even shocked me. He know has a fabulous way of entering breakfast trades based on a closed candle breaking free of the Bollingers. It has been working very well so far. Check it out when he does the noon JohnPodBlurb.
Sharak has just handed me his latest Grid Trade Updates.
All yours Vamps,
Trade Safe,
Dr. Bob
Euro- 1.38498 & 1.36598 Half channels enabled
The Pound- 1.58145 & 1.57124
The E/J- 106.028 & 105.124
The Graveyard (GBP/JPY)- 121. 344 & 120.535
I am using no channel dividers for now, if you are more
comfortable, you can put in halves
The Roo (AUD/USD)- 1.97373 & 1.98584
The Cheese ( USF/CHF)- .89820 & .89398
These seem to be the best support and resistance lines I can find for the last week or so. I will test them for a while and see how I like them. Feel free to beta test them with me, if you like, or not if you don't.
Trade safe,
Rabbi Sharak Zoor
There are many currency trading strategies on the market today. It is fairly easy to find Currency Trading Training too.
When Iwas looking for some sort of education, I found many different eclectic schools from which to choose from. Most taught basic old school forex trading methods, based on all the standard indicators. Good stuff to know. Waste of time to pay for it. Buy a book.
I always used to look for the non pompous schools that never tried to see me on using one system and one system only, that it works in every season, in every year, and every decade. If I found that it was indeed what they had to offer, the first thing I would then ask is what is their marvelous Currency Trading Tutorial all about. If it was not strongly based in Support and Resistance then I knew that the system they were hawking could not stand up to the test of time.
One of the things that I love most about the Vampire Trading Network is the fact that they are always growing. Hanna and I are always looking for new ways to use the grid trade strategy as confirmations and exits for other strategies such as the classic or the big breakfast, or even the autumn.
John is constantly throwing improvements into the Big Breakfast. He has even shocked me. He know has a fabulous way of entering breakfast trades based on a closed candle breaking free of the Bollingers. It has been working very well so far. Check it out when he does the noon JohnPodBlurb.
Sharak has just handed me his latest Grid Trade Updates.
All yours Vamps,
Trade Safe,
Dr. Bob
Euro- 1.38498 & 1.36598 Half channels enabled
The Pound- 1.58145 & 1.57124
The E/J- 106.028 & 105.124
The Graveyard (GBP/JPY)- 121. 344 & 120.535
I am using no channel dividers for now, if you are more
comfortable, you can put in halves
The Roo (AUD/USD)- 1.97373 & 1.98584
The Cheese ( USF/CHF)- .89820 & .89398
These seem to be the best support and resistance lines I can find for the last week or so. I will test them for a while and see how I like them. Feel free to beta test them with me, if you like, or not if you don't.
Trade safe,
Rabbi Sharak Zoor
Friday, October 21, 2011
Which Forex Trading Strategy is For You?
Sometimes we have to sit back, evaluate the market, and decide which Forex Trading Strategy is the correct strategy for this market. There are a thousand different Forex Trading Systems available to all of us. Most of us veteran traders have seen them all by this time. We realize by this point that in many ways it is not the system, it is the trader who trades them.
Since we know that much of Forex Trading is instinctive, and we have already decided that we have the instinct of a dinosaur running into a tarpit to eat another dinosaur who was struggling to get out of the tarpit!
And because of this lack of instinct that many of us THINK we do not possess, we look for trading systems that require the least subjectivity.
That is why we trade Sharaks Grid Strategy. It has very rigid rules that everyone finds easy to follow. While there is a small bit of common sense involved, even those rules of common sense can be added to your own individual trading plan. Things like don't trade into an oncoming news announcement.
That is why we trade Hanna's Autumn. Same deal, rigid rules of entry and exit.
This is why we trade the classic. Rigid rules. Easy to master. Hugely profitable.
Now, the one system that we do teach that does require some instinct can be the most profitable. That is Johns' Big Breakfast.
If you do it long enough, you start to develop instinct. The rewards can be fast and large.
Which Forex Strategy is the one for you. Learn them all, then decide. They can be equally profitable in the hands of the right trader. It all depends on which one suits your personality. Try them all, the knowledge of other Forex Trading Strategies besides your main trade strategy is a good thing.
That my friends, is why we teach them all.
God is good.
Dr. Bob
Since we know that much of Forex Trading is instinctive, and we have already decided that we have the instinct of a dinosaur running into a tarpit to eat another dinosaur who was struggling to get out of the tarpit!
And because of this lack of instinct that many of us THINK we do not possess, we look for trading systems that require the least subjectivity.
That is why we trade Sharaks Grid Strategy. It has very rigid rules that everyone finds easy to follow. While there is a small bit of common sense involved, even those rules of common sense can be added to your own individual trading plan. Things like don't trade into an oncoming news announcement.
That is why we trade Hanna's Autumn. Same deal, rigid rules of entry and exit.
This is why we trade the classic. Rigid rules. Easy to master. Hugely profitable.
Now, the one system that we do teach that does require some instinct can be the most profitable. That is Johns' Big Breakfast.
If you do it long enough, you start to develop instinct. The rewards can be fast and large.
Which Forex Strategy is the one for you. Learn them all, then decide. They can be equally profitable in the hands of the right trader. It all depends on which one suits your personality. Try them all, the knowledge of other Forex Trading Strategies besides your main trade strategy is a good thing.
That my friends, is why we teach them all.
God is good.
Dr. Bob
Monday, October 17, 2011
Dr. Bobs Forex Trade Signal Picks
Today we will talk a little bit about Sunday night trading. As a general rule, I am not a huge fan of forex online trading on Sunday nights. I feel that the market has not yet achieved any sort of direction yet. To me, The market opens at 2 AM eastern time when the european market begins to wipe the sleep out of its eyes.
At 3 AM when the London market awakens, now then things can really begin to rock. That is why I always had us set our Darvis trades to start to show a breakout starting with the 3 AM candle.
This has really worked out well and at certain times of the year, the Darvis Trade still rocks!
If you are going to trade on Sunday nights, make sure your trades have filled their gaps before you take the trade. Especially if the foreign currency pair is headed in the opposite direction it would need to fill the gap. Most currency pair fill their gaps. Check the gaps for completion before you place a trade
Now, lets take a look at tonite:
Euro, nothing has happened since Friday. No new straddles
Pound, Nothing new, same as Friday
The EJ is still in a trade that it started from a North bound grid straddle from Thursday. So far up 150 Pips. For those who have the new Sharak scale out tool, this forex trading strategy is now on auto pilot.
The Graveyard, South bound fake for about 55 pips depending on how the candle closes
The Roo, has also been on a North bound grid trade since thursday and is up so far a protected 150 pips.
The Cheese, also still in a South bound grid trade since thursday. So far is up a protected 85 pips.
And that's it for tonight Vampires.
Trade Safe,
Dr. Bob
At 3 AM when the London market awakens, now then things can really begin to rock. That is why I always had us set our Darvis trades to start to show a breakout starting with the 3 AM candle.
This has really worked out well and at certain times of the year, the Darvis Trade still rocks!
If you are going to trade on Sunday nights, make sure your trades have filled their gaps before you take the trade. Especially if the foreign currency pair is headed in the opposite direction it would need to fill the gap. Most currency pair fill their gaps. Check the gaps for completion before you place a trade
Now, lets take a look at tonite:
Euro, nothing has happened since Friday. No new straddles
Pound, Nothing new, same as Friday
The EJ is still in a trade that it started from a North bound grid straddle from Thursday. So far up 150 Pips. For those who have the new Sharak scale out tool, this forex trading strategy is now on auto pilot.
The Graveyard, South bound fake for about 55 pips depending on how the candle closes
The Roo, has also been on a North bound grid trade since thursday and is up so far a protected 150 pips.
The Cheese, also still in a South bound grid trade since thursday. So far is up a protected 85 pips.
And that's it for tonight Vampires.
Trade Safe,
Dr. Bob
Wednesday, October 12, 2011
The 2 AM Trading Report
Hello Vampires,
Here is your 2 AM Grid Strategy Trading Report.
6 pm Euro straddle having almost hit target, pulled back at the last minute, still in profit. It is still in profit at the time of this writing. Just closed it out 20 pips in profit.
The Pound is finally pulling back a bit from its trade initiated by a short side straddle ten four hour candles ago. Those who stuck it out are up 105 pips. It is now showing two green candles. It is unclear at this point if the Waltz that is now forming will complete to the North or the South side. It should give plenty of notice as to the direction when it picks one.
The Graveyard faked to the downside giving a loss of 25 pips. That trade was ended by an opposing North side candle. If you were in the North side trade, you are still in it.
The EJ has been range bound for the last twelve candles with no grid trades.
The Roo has been bouncing around for the last 14 candles. It has given a few fakes costing us some pips, but all in all we are up around 200 pips. We are still in a North bound trade.
The Cheese has given about 100 pips in fakes. We are currently in what might turn out to be another North bound fake on the Cheese. I am currently down 25 pips on the Cheese, but I am way up on the other pairs. I will take the 25 pip loss and close out the trade. ( less stress)
I am up around 200 pips for the night after I factor in my losses. I have closed all trades out and I am now done for the night.
Good work Vampires.
Dr. Bob
Here is your 2 AM Grid Strategy Trading Report.
6 pm Euro straddle having almost hit target, pulled back at the last minute, still in profit. It is still in profit at the time of this writing. Just closed it out 20 pips in profit.
The Pound is finally pulling back a bit from its trade initiated by a short side straddle ten four hour candles ago. Those who stuck it out are up 105 pips. It is now showing two green candles. It is unclear at this point if the Waltz that is now forming will complete to the North or the South side. It should give plenty of notice as to the direction when it picks one.
The Graveyard faked to the downside giving a loss of 25 pips. That trade was ended by an opposing North side candle. If you were in the North side trade, you are still in it.
The EJ has been range bound for the last twelve candles with no grid trades.
The Roo has been bouncing around for the last 14 candles. It has given a few fakes costing us some pips, but all in all we are up around 200 pips. We are still in a North bound trade.
The Cheese has given about 100 pips in fakes. We are currently in what might turn out to be another North bound fake on the Cheese. I am currently down 25 pips on the Cheese, but I am way up on the other pairs. I will take the 25 pip loss and close out the trade. ( less stress)
I am up around 200 pips for the night after I factor in my losses. I have closed all trades out and I am now done for the night.
Good work Vampires.
Dr. Bob
Thursday, October 6, 2011
The 6 AM Trade Report
Here is your 6 am Trade Report
The Euro seems to be running an LDD pattern staying in a
tight rangebound line. The Trigger is pinched poised and
ready beware of head fakes.
Same for the pound
Same for the Graveyard
And the EJ
The Roo made a beautiful up move last night, a great grid
break verified by a perfect Big Breakfast Bollinger Band
break. This winning forex trade accomplished by two of the
VTN's best forex trading strategies yielded 80 pips.
The Cheese in a valiant attempt to keep up with the euro,
the pound, the graveyard, and the EJ, is going now where.
And that Vampires is your 6 AM Trade Report
Trade Safe,
Dr. Bob
Dr. Bob
Wednesday, October 5, 2011
10.05.11 NEWEST GRID NUMBERS
EURO= 1.36878 AND 1/35763
POUND= 1.58659 AND 1.57923
THE GRAVEYARD= 123.220 AND 122.005
THE EJ= 105.554 AND 104.873
THE ROO= 1.03726 AND 1.02772
THE CHEESE= .88699 AND .87966
POUND= 1.58659 AND 1.57923
THE GRAVEYARD= 123.220 AND 122.005
THE EJ= 105.554 AND 104.873
THE ROO= 1.03726 AND 1.02772
THE CHEESE= .88699 AND .87966
6 AM Sharak Grid Report
Here is Your 6 AM Grid Report
Euro Eur/Usd: no grid break, but it took off to the north side for no apparent reason
The pound Gbp/Usd: no grid breaks but we are starting to get a bit of trigger angulation on the four hour
the graveyard Gbp/Jpy: same deal as the pound, no grid breaks but the trigger is starting to angulate
The EJ, Eur/Jpy: see the graveyard above
The Roo, Aud/Usd: Nothing is happening
The Cheese, Usd/Chf: No grid break but strong angulation on the trigger. If you took it as a bb, you hit first grid as your target.
Mixing these two very fine forex trading strategies seems to work very well.
Who knows, maybe we have found the very best forex strategy!
Get your forex calculator out and start tracking it!
Time will tell
Regards from
Dr. Bob
Euro Eur/Usd: no grid break, but it took off to the north side for no apparent reason
The pound Gbp/Usd: no grid breaks but we are starting to get a bit of trigger angulation on the four hour
the graveyard Gbp/Jpy: same deal as the pound, no grid breaks but the trigger is starting to angulate
The EJ, Eur/Jpy: see the graveyard above
The Roo, Aud/Usd: Nothing is happening
The Cheese, Usd/Chf: No grid break but strong angulation on the trigger. If you took it as a bb, you hit first grid as your target.
Mixing these two very fine forex trading strategies seems to work very well.
Who knows, maybe we have found the very best forex strategy!
Get your forex calculator out and start tracking it!
Time will tell
Regards from
Dr. Bob
Followers of the Big Breakfast
For those of you that are followers of the
Big Breakfast
I just noticed the following pinches or near pinches on the triggers of the following pairs:
The pound
The Roo
The Cheese
The Graveyard
The EJ
The Big Breakfast is one of the oldest of the Vampire Forex Trading Strategies, but it is still regarded as one of the best. (If you ask John he feels it is THE BEST). I am sure the forex broker rating will not rank it hight on their list of favorite forex trading strategies.
I have not really followed the breakfast in a while as I have been totally absorbed in the grids, which have proved itself again to be a winning forex strategy.
I have been listening to Johns show, Have a Big Breakfast with John, and as of late, I have a renewed interest in the Breakfast.
I have been seeing a lot of trades go with just the trigger, and I have even traded it again.
John, looks like you have another winning forex trading strategy revival!!
Trade Safe,
Dr. Bob
Tuesday, October 4, 2011
6 AM Grid Report
The Euro, EUR/USD, is stagnant and has not had a grid break in 40 hours. Look to the breakfast and maybe even your stochastic forex technical indicator for signs of a breakout.
The Pound, GBP/USD, had a nice grid break and is heading towards target.
The Graveyard, GBP/JPY, just ended a head fake with a loss of 60 pips. No new breaks
The EJ, EUR/JPY, is a copy of the Euro and has remained in a one grid channel for the last 16 hours
The Roo, AUD/USD, has not had a grid break in 40 hours and we are still in the trade that it entered 40 hours ago. The winning forex trader using Sharaks Grid Forex Trading Strategy is up over 240 pips on this trade
.
The Cheese, USD/CHF, has not had a grid break in 48 hours, when it gave a beautiful enty and so far has locked in about 150 pips.
I will be keeping a tight watch on my Big Breakfast looking for signs of a breakout. I will be using it as a sort of a forex graph, looking for the forex trade signals that indicate the pair is about to move. Look for angulation in the bands.
Trade safe,
Dr. Bob
The Pound, GBP/USD, had a nice grid break and is heading towards target.
The Graveyard, GBP/JPY, just ended a head fake with a loss of 60 pips. No new breaks
The EJ, EUR/JPY, is a copy of the Euro and has remained in a one grid channel for the last 16 hours
The Roo, AUD/USD, has not had a grid break in 40 hours and we are still in the trade that it entered 40 hours ago. The winning forex trader using Sharaks Grid Forex Trading Strategy is up over 240 pips on this trade
.
The Cheese, USD/CHF, has not had a grid break in 48 hours, when it gave a beautiful enty and so far has locked in about 150 pips.
I will be keeping a tight watch on my Big Breakfast looking for signs of a breakout. I will be using it as a sort of a forex graph, looking for the forex trade signals that indicate the pair is about to move. Look for angulation in the bands.
Trade safe,
Dr. Bob
Monday, October 3, 2011
The 6:00 AM Sharak Grid Trade Strategy Report
Here is your six o'clock grid report:
All candles are rated on the four hour chart as this is the
chart that Sharak uses to trade.
The Euro is still in a southbound grid break from Friday,
there is no criteria yet to close out the trade however
Sharak has indicated that he would close it if he were in it.
The pound shows no new grid breaks but again there is a
Friday trade still running. Keep it going at your own risk.
The graveyard, gbp/jpy: the six pm candle gave a straddle
that is still running but has produced 70 pips so far.
The eur/jpy shows no new straddles, but again, one old one
has hit first target from friday and the trade is still
running, so far it has produced 25 bankable pips
The Roo Aud/Usd has also completed a first target friday
trade giving 50 bankable pips, the trade is still running
The Cheese, Usd/Chf is still in a friday trade ( this is
getting boring!), with 45 pips garnered and protected so
far.
And that concludes our Sharaks Grid Trade Forex
Trading Strategy 6 am report to a close.
Trade safe,
Dr. Bob
All candles are rated on the four hour chart as this is the
chart that Sharak uses to trade.
The Euro is still in a southbound grid break from Friday,
there is no criteria yet to close out the trade however
Sharak has indicated that he would close it if he were in it.
The pound shows no new grid breaks but again there is a
Friday trade still running. Keep it going at your own risk.
The graveyard, gbp/jpy: the six pm candle gave a straddle
that is still running but has produced 70 pips so far.
The eur/jpy shows no new straddles, but again, one old one
has hit first target from friday and the trade is still
running, so far it has produced 25 bankable pips
The Roo Aud/Usd has also completed a first target friday
trade giving 50 bankable pips, the trade is still running
The Cheese, Usd/Chf is still in a friday trade ( this is
getting boring!), with 45 pips garnered and protected so
far.
And that concludes our Sharaks Grid Trade Forex
Trading Strategy 6 am report to a close.
Trade safe,
Dr. Bob
The Best Mood For Trading
Does it matter what your mood is when you sit down to trade. The answer to this is more than a one part answer. In a nut shell you could just say yes, your mood matters, and leave it at that.
Trade when you are in a good mood, don't trade when you are in a bad mood.
There, I made the whole thing very simple. Oy Vey, and this is what the world goes coocoo over, Mrs Goldberg had the answer right from the beginning. (if you don't know Mrs. Goldberg, go to youtube.com and search for The Goldbergs tv show).
That is really the simple answer and it will get you through most situations.
But if you are an experienced LONG TERM POSITION TRADER, who enters his trades usually with a day or two of thought, and an hours more contemplation, I don't think your mood will alter the outcome of your forex trading strategy decision. If you are a long term player, and you are in a bad mood, and you are changing the strategy decisions that you had made before... put on the brakes, re-evaluate the entire trade and make sure your decision for revision is based on sound principal and not emotion.
A scalper on the other hand, who trades during depression is about to see the results of that depression cause an extreme regression in his earnings! Don't do it!
Leave a comment on your thoughts.
Trade Safe,
Dr. Bob
Trade when you are in a good mood, don't trade when you are in a bad mood.
There, I made the whole thing very simple. Oy Vey, and this is what the world goes coocoo over, Mrs Goldberg had the answer right from the beginning. (if you don't know Mrs. Goldberg, go to youtube.com and search for The Goldbergs tv show).
That is really the simple answer and it will get you through most situations.
But if you are an experienced LONG TERM POSITION TRADER, who enters his trades usually with a day or two of thought, and an hours more contemplation, I don't think your mood will alter the outcome of your forex trading strategy decision. If you are a long term player, and you are in a bad mood, and you are changing the strategy decisions that you had made before... put on the brakes, re-evaluate the entire trade and make sure your decision for revision is based on sound principal and not emotion.
A scalper on the other hand, who trades during depression is about to see the results of that depression cause an extreme regression in his earnings! Don't do it!
Leave a comment on your thoughts.
Trade Safe,
Dr. Bob
Saturday, October 1, 2011
Report on Fridays 2 am Candle
This will be a very short report as I do not expect that the candles will have moved much that we will be able to see until the broker opens up again.
I think I am obsessed!!
Gotta trade! Gotta trade!
Gimme a chart! Gimme, Gimme, Gimme!
You know I'm good for it!
C'mon just a little trade?
Darn, guess not,
See ya Sunday night,
Dr. Bob
I think I am obsessed!!
Gotta trade! Gotta trade!
Gimme a chart! Gimme, Gimme, Gimme!
You know I'm good for it!
C'mon just a little trade?
Darn, guess not,
See ya Sunday night,
Dr. Bob
Multiple parabolic Sars for Maximum Profits
Hello Vampires,
In one of his rare attempts at being Totally Modern Milly, The Rabbi Sharak Zoor has been playing around with multiple combinations of Parabolic Sars for entries and exits. I have tried my best, (which is usually pretty darn good), to put his system into words.
Here it goes exactly as I wrote it out as if I was teaching it:
PS: Sharak is resting home now. We left his house about two hours ago. I made him a piece of honey fried Salmon with pasta and corn in a mild balsamic reduction. He loved it! I will keep you informed as to how he is doing.
In one of his rare attempts at being Totally Modern Milly, The Rabbi Sharak Zoor has been playing around with multiple combinations of Parabolic Sars for entries and exits. I have tried my best, (which is usually pretty darn good), to put his system into words.
Here it goes exactly as I wrote it out as if I was teaching it:
Learning to trade the forex on line with Multiple Parabolic Sars
I have as of late been experimenting with multiple combinations of Parabolic Sars, combined with an mt4 indicator called the engine have been giving me superb entries, and great exits too. I will give you all the setup and you can play with it a bit yourselves. It is a perfect trading system for a trending market. Sometimes I get beat up a bit during consolidations but I make it up on the runs.
1) Install the engine indicator on your MT4 platform
2) Install the parabolic Sars on a chart, any chart, any chart at all. (Sounds like I am playing pick a card!) Set the step on the Sars to .05 and the maximum to .2 and color it black.
3) Install another parabolic Sars on a chart, and set the step to .03 and the maximum to .2 and color it yellow.
4) Install one more Sars on the chart with the step set to .01 and the maximum to .2 and color it white.
That is your mechanical setup. Now, I will explain what you are to be looking for to facilitate an entry.
Trading with the trend is always best. (If there happens to be one, if there is not, maybe we should go to a movie or something. Tennis anyone?). But it is not a requirement for this type of Parabolic Sars trading.
I do however recommend that if you are trading against the trend that you set a lower target.
1) Ideally, you want an engine pointing in the same direction of your trend, which will give you the directionality of your trade. Hold your horses there Tonto; The Lone Ranger ain't ready to ride yet. (Ever wonder why the apostrophe is in ain't? What two words is it connecting? Hmmmmm?
2) I then wait for my black and my yellow Parabolic to flip in the direction of the potential trade. I want it underneath the candle if going long, and above the candle if going short. (Raise the price up, or push the price down is the way that I was taught.)
3) This is my entry signal. Enter the trade in the direction indicated by your engine arrow, and your confirming Parabolic Sars.
Now for my exit signals:
4) If I am in a heavily trending market, I will not exit the trade until all three Sars black, yellow, and white have turned against me. (assuming I have gained a fair amount of pips, otherwise I will use the exit below.
5) If the market is moving about as much as a dead parrot being attacked by a rabid dingo, in other words, not so much, I will exit as soon as one Sars flips. If the chances of the trade look good to continue, as verified by any other confirming indicator. Lately, I like the CCI with the levels set to +50 and -50. But you can use any indicator for confirmation that you like. Stochastics, whatever. If my confirming indicator agrees with the Sars that it is time to leave the trade, I will. Otherwise I will wait for one more Sar to turn against me.
Trying to learn to trade forex on line can be a very difficult process for some. We will try to provide you with enough different successful forex trading strategies so you can pick the ones that suit you the most. Different Strategies in the Forex World fit different people. I just know that Ray Cambell will love this one!
Give this a try, and let me know if you have any problems or questions with it and I will be glad to help you out.
Trade Safe,
Dr. Bob, Hanna, and SharakPS: Sharak is resting home now. We left his house about two hours ago. I made him a piece of honey fried Salmon with pasta and corn in a mild balsamic reduction. He loved it! I will keep you informed as to how he is doing.
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