Hello Vampires!
Welcome to Dr. Bob's Daily FX and Free Forex Forum. The chart reviews That I will be giving are based on Sharaks Grid Trade Strategy, using the Big Breakfast and Power Arrows for confirmations.
The EURO- No trades on the EURO at this time. There was a grid break but it went to completion .
The POUND- The POUND started its last trade on the 14th of November with a beautiful grid break that yielded 355 pips to the south. That trade just got stopped out in profit with the northside straddle. Any remaining lots were monetized with 210 pips. Great trade Vampires.
The E/J- This one is in a northside trade that began with a straddle on the 28th. It is a retracement trade that has reached the 38% level. Tighten your stops or pull the trade now in profit is what we will do. It is currently in profit for 40 pips.
The GRAVEYARD- The YARD has just been stopped out in profit on a trade that began on the 9th. It achieved 355 banked pips and the remaining lots were just stopped out with 200 pips
The ROO- Last trade on the Aussie began on the 15th and yielded almost 700 pips. All northbound trades after that were negated by the candles almost reaching target.
The CHEESE- For now, the CHEESE stinks, nothing new for a while. Give it time to decide on a direction
Tough trading these past few weeks, but we have muddled our way through it, by paying strict attention to our forex trading strategy.
No trades are being taken unless they have a combination of a grid break, breakfast break, and a power arrow. Anything not having all ducks in a row, if we should decide to trade it are traded with minimum lottage. To Make More Money in Forex, patience is a virtue.
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.
Wednesday, November 30, 2011
Sharaks Latest Grid Channels November 30th 2011
Sharaks Latest Grid Trade Channels
November 30th, 2011
These are the Grids for the four hour lite.
The Euro- 1.33814
1.33144
The Pound- 1.56407
1.54897
The EJ- 103.608
103.046
The Graveyard- 124.584
123.969
The Roo- 1.04666 set 1/4s
1.01597
The Cheese- .92120
.91640
November 30th, 2011
These are the Grids for the four hour lite.
The Euro- 1.33814
1.33144
The Pound- 1.56407
1.54897
The EJ- 103.608
103.046
The Graveyard- 124.584
123.969
The Roo- 1.04666 set 1/4s
1.01597
The Cheese- .92120
.91640
Daily FX, and Free Forex Forum
JJ and James were in the chat with me last night, on the one minute lite vigil. James did great, and he ended up the night up over $350 bucks or so.
JJ and I did ok too. I ended up about 26 pips up for the night.
We were both having trouble with Alpari not letting us out of trades. I could have done about 32-35 pips if things were working ok.
Glad to see that both JJ and James have a clear understanding of the one minute thingy. JJ commented in the room that, "The 1 goes awfully fast, but I get the hang of it. It does keep you awake!"
One of the many beauties of the one minute thingy is that it gives extremely good accuracy for a one minute forex trading strategy.
On top of that it gives remarkably easy to follow entry signals.
I have been using the grids for my exits, and it seems to work very well.
I set Sharak's Scale Out Tool at the beginning of the night to my EURO one minute grids, and off I go.
It's now about 4:30 and the push seems to have died out. Time to get a little writing done. See yaz later Vamps.
I'm here if you need me.
Trade safe,
Dr. Bob
JJ and I did ok too. I ended up about 26 pips up for the night.
We were both having trouble with Alpari not letting us out of trades. I could have done about 32-35 pips if things were working ok.
Glad to see that both JJ and James have a clear understanding of the one minute thingy. JJ commented in the room that, "The 1 goes awfully fast, but I get the hang of it. It does keep you awake!"
One of the many beauties of the one minute thingy is that it gives extremely good accuracy for a one minute forex trading strategy.
On top of that it gives remarkably easy to follow entry signals.
I have been using the grids for my exits, and it seems to work very well.
I set Sharak's Scale Out Tool at the beginning of the night to my EURO one minute grids, and off I go.
It's now about 4:30 and the push seems to have died out. Time to get a little writing done. See yaz later Vamps.
I'm here if you need me.
Trade safe,
Dr. Bob
Tuesday, November 29, 2011
Daily FX, and Daily Free Forex Forum
Hello Vampires, Welcome to Dr. Bob's Daily FX and Free Forex Forum.
All forex trade analysis is done using a combination of the Big Breakfast, Sharaks Grid Trades, Power Arrows, and Parabolic Sars.
The EURO- The EURO has been in the same trade since the 14th, and currently is up 390 banked pips.
The POUND- The POUND has also been in a trade since the 14th, and is currently up 390 banked pips, (deja -vu!)
The EUR/JPY- The E/J is currently in a northbound trade since the 28th. The trade broke a grid, but did not give any other confirmations. The trade is still going, if fact it is at break even right now. We passed on this trade due to lack of confirmations.
The GRAVEYARD- The GRAVEYARD gave multiple entrances starting at the 9th with various degrees of confiming tummy warmers. Depending on how warm you wanted your tummy to be, you would have garnered between 250 and 355 pips with this forex trading strategy.
THE ROO- Go look at my report on the GRAVEYARD, its exactly the same down to the pips!
THE CHEESE- We are currently in a Northbound trade which is now in the negative around 65 pips. The go for gold line is holding it steady so far, but it is having trouble breaking up as it is right up against a strong grid. Choices: stops and limits set, leter run. Choice 2: Pull it now as the rest are up a huge amount and will EASILY absorb the small loss and still leave us with HUGE profits. If we took the loss now, we would be up just over 1500 pips, hehehe. Not to shabby.
The market in general is in a consolidation this week so far. If it breaks out, I will expect it to be about Thursday. Keep an open eye for unexpected breakouts. I will post them as soon as I see them both here on the blog and in the room as well
Trade safe Vampires,
Dr. Bob
All forex trade analysis is done using a combination of the Big Breakfast, Sharaks Grid Trades, Power Arrows, and Parabolic Sars.
The EURO- The EURO has been in the same trade since the 14th, and currently is up 390 banked pips.
The POUND- The POUND has also been in a trade since the 14th, and is currently up 390 banked pips, (deja -vu!)
The EUR/JPY- The E/J is currently in a northbound trade since the 28th. The trade broke a grid, but did not give any other confirmations. The trade is still going, if fact it is at break even right now. We passed on this trade due to lack of confirmations.
The GRAVEYARD- The GRAVEYARD gave multiple entrances starting at the 9th with various degrees of confiming tummy warmers. Depending on how warm you wanted your tummy to be, you would have garnered between 250 and 355 pips with this forex trading strategy.
THE ROO- Go look at my report on the GRAVEYARD, its exactly the same down to the pips!
THE CHEESE- We are currently in a Northbound trade which is now in the negative around 65 pips. The go for gold line is holding it steady so far, but it is having trouble breaking up as it is right up against a strong grid. Choices: stops and limits set, leter run. Choice 2: Pull it now as the rest are up a huge amount and will EASILY absorb the small loss and still leave us with HUGE profits. If we took the loss now, we would be up just over 1500 pips, hehehe. Not to shabby.
The market in general is in a consolidation this week so far. If it breaks out, I will expect it to be about Thursday. Keep an open eye for unexpected breakouts. I will post them as soon as I see them both here on the blog and in the room as well
Trade safe Vampires,
Dr. Bob
Daily FX and Daily FX Forum
Hello Vampires!
It is just a bit after 3 AM, and I am at my post on the one minute lite, trading the new one minute thingy.
I also have up grids picked tonite just for this, a big breakfast trigger, the power arrow, three sets of parabolics, and the VTN foresight.
The standard parabolic sars in white, a backup confirmation in dark orange at .01, and an exit signal in red set to .03.
It is just a bit after 3 AM, and I am at my post on the one minute lite, trading the new one minute thingy.
I also have up grids picked tonite just for this, a big breakfast trigger, the power arrow, three sets of parabolics, and the VTN foresight.
The standard parabolic sars in white, a backup confirmation in dark orange at .01, and an exit signal in red set to .03.
My grids are set at
1.33694
1.33628
I have just achieved a pinch and a power arrow to the long side. I entered the trade and it went south right away, (that'll build your confidence!), and gave strong closes under the 5 ema. I considered puling it, but that is not really my rule. That was Johns thing on the big breakfast. I waited, and I now have a close above the go for gold line. I am on the 9:20 candle, Alpari time. No time to figure it out now.
Sharaks scale out tool is enabled and I gave me a perfect ten pip stop loss, which, lol, I am about to hit. So far tonite, I have had two good trades and one bad. I am up around 9 pips .
We have another pinch, and the candles seem to be going North. At first I was down 9 pips, but now it is only 3 pips. We have another close above the five and the go for gold line. Foresight is flipping colors rapidly. The candles are floating up and down, no real direction. To the right of the power arrow, it is just a big long channel.
This is a very cool forex trading strategy, and a great one to document on this fx forum.
Strong pinch now, just hit break even and I am up 33 bucks. Bucking against the grid line and sunk down to 9 dollars. The money is flipping up and down. SCALE OUT TOOL ENABLED.
Am not yet in the negative, and its going back and forth, in the money then out.
Now at break even.
I have the blog entry right on the mt4 screen so I can type what I see.
Probably should have pulled at the grid. But had good continuation signals. 20/20 hindsight.
Still getting closings over the 5 ema and the go for gold line. Four pips down, and sinking.\
The new exit parabolic just flipped, and we have a close under the go for gold and the 5 EMA.
Stop losses are set, so I will just sit it out and use this as an experiment.
I am on a demo account.
I am down 4 pips, but there is a spread in there too. Not bad, it looks much worse than it is down here on the one minute. It is stuck against a grid and trying to push its way up now. Just broke it, and I am now down one pip.
All my sars except the exit sar, have now flipped, and I am in profit, exit sar just flipped.
I am approaching grid again and will pull at first grid.
DARN, SUCKER WOULD NOT LET ME OUT. THIRD TRY, WONT LET ME OUT.
Am now at break even. OK, up 30 bucks, gonna pull, cant risk playing for more with Alpari behaving like this. 2nd try, it just let me out, got the 30.
Really starting to hate this Alpari platform. Am strongly considering the ILQ platform that John is pushing and Paul from Back Bay says he gets nothing but good reviews from it.
Ended up with 30 bucks profit from this one. Not bad as I sit here and write at the same time.
Very easy to follow. Easy entrance signals, easy exit signals.
All in all, it was kind of fun.
You are invited to join me when I trade at 3 AM anytime you want. Just come into the chat room, I'll be there.
Just got a short signal, later Vamps!
This was a combination BB, and Sharaks Grids, combined with power arrows.
All in all, it works pretty well, as long as you dont get greedy with your exits. Remember you are on a one minute lite. 5 pips on a one minute is not bad. Dont go for huge targets, there is to much noise down here. Got 8 pips on this short. Went real fast.
Stops tight, profits low.
More pips is not always safe pips, but safe pips always give you more.
Trade safe Vampires,
Dr. Bob
Monday, November 28, 2011
Daily FX and Free Forex Forum
Welcome to the Daily FX Analysis and Free Forex Forum.
Euro- This trade began on the 14th and we are still in it now. Currently up 330 banked pips.
The Pound- Also in this since the 14th. 398 banked pips, still in trade.
The EJ- We have been in this one since the 7th. To date, we have banked 498 pips
The Graveyard- This trade began on the 9th. So far we are up around 360 pips
The Roo- The 24th was day one for the roo. Still in the trade and up around 150 pips
The Cheese- Long trade started on the 25th. Slighly in the negative right now. Considering that we are up around 1500 pips on the others, one might consider taking a loss of a hundred pips, and not worry about it!
Please note: All trades are on the day chart. Currently we are using the last posted grids.
Our forex trading strategy is the Sharak Grid Trade System.
This free forex forum will be updated every day if any changes to trades are required.
Trade safe,
Dr. Bob
Euro- This trade began on the 14th and we are still in it now. Currently up 330 banked pips.
The Pound- Also in this since the 14th. 398 banked pips, still in trade.
The EJ- We have been in this one since the 7th. To date, we have banked 498 pips
The Graveyard- This trade began on the 9th. So far we are up around 360 pips
The Roo- The 24th was day one for the roo. Still in the trade and up around 150 pips
The Cheese- Long trade started on the 25th. Slighly in the negative right now. Considering that we are up around 1500 pips on the others, one might consider taking a loss of a hundred pips, and not worry about it!
Please note: All trades are on the day chart. Currently we are using the last posted grids.
Our forex trading strategy is the Sharak Grid Trade System.
This free forex forum will be updated every day if any changes to trades are required.
Trade safe,
Dr. Bob
Daily FX, and Free FX Forum
Just closed Power Arrow trade with 24 pips.
Not bad for one minute light.
We will trade this every night at 3 am eastern for a while if anyone would like to join us.
Trade Safe,
Dr. Bob
Not bad for one minute light.
We will trade this every night at 3 am eastern for a while if anyone would like to join us.
Trade Safe,
Dr. Bob
Daily FX, and Free FX Forum
Hello Vampires!
Welcome to the Daily FX and FX Forum.
Back from the conference at Arugula or where ever the heck it was we went. I know it was a small Island twenty minutes by ferry from St. Martin. Food was great if you are into fish, disaster if you are into anything else other than fish, lol.
All the meat on the island is imported, and it tastes it. I tried cooking breakfast for us, but everything has some sort of gritty taste. Butter and Cream all had a brownish tinge to it, and tasted kind of weird.
They do know how to cook a fish over there and they also know how to charge you top dollar for it.
All in all from a business learning point of view it was a rousing success. We learned two income generators that are somewhere beyond fantastic, and we will start to teach them to you this week, if I can put a lesson plan together fast enough, or next Monday the very latest. I will be working on it all night tonight.
I am in the room, looks like it is just John and I. Hanna is here to but she is not signed in.
If anyone wants to trade the new Power Arrow, I have found it to be very effective when used at the London Open, almost like a Darvis.
JUST WENT LONG ON THE POWER ARROW EURO AT ABOUT 3:34, WILL GO FOR 8 OR 10 PIPS USING GRIDS AND FIBS TO DETERMINE EXIT. JUST REACHED TOP OF SECOND BOZONE LINE.
By the way guys, Hanna and I are working on a new website for VTN which will make us a little more friendly for people to find us. We have had a lot of people tell us they look for us and cant seem to find us.
We will also be teaching those that want it how they can make a handsome living website marketing the VTN.
We really put together a ton of easy ways that you can make money along with us as your guides and mentors. We think that you will be very very impressed.
Trade safe,
Dr. Bob
Welcome to the Daily FX and FX Forum.
Back from the conference at Arugula or where ever the heck it was we went. I know it was a small Island twenty minutes by ferry from St. Martin. Food was great if you are into fish, disaster if you are into anything else other than fish, lol.
All the meat on the island is imported, and it tastes it. I tried cooking breakfast for us, but everything has some sort of gritty taste. Butter and Cream all had a brownish tinge to it, and tasted kind of weird.
They do know how to cook a fish over there and they also know how to charge you top dollar for it.
All in all from a business learning point of view it was a rousing success. We learned two income generators that are somewhere beyond fantastic, and we will start to teach them to you this week, if I can put a lesson plan together fast enough, or next Monday the very latest. I will be working on it all night tonight.
I am in the room, looks like it is just John and I. Hanna is here to but she is not signed in.
If anyone wants to trade the new Power Arrow, I have found it to be very effective when used at the London Open, almost like a Darvis.
JUST WENT LONG ON THE POWER ARROW EURO AT ABOUT 3:34, WILL GO FOR 8 OR 10 PIPS USING GRIDS AND FIBS TO DETERMINE EXIT. JUST REACHED TOP OF SECOND BOZONE LINE.
By the way guys, Hanna and I are working on a new website for VTN which will make us a little more friendly for people to find us. We have had a lot of people tell us they look for us and cant seem to find us.
We will also be teaching those that want it how they can make a handsome living website marketing the VTN.
We really put together a ton of easy ways that you can make money along with us as your guides and mentors. We think that you will be very very impressed.
Trade safe,
Dr. Bob
Monday, November 21, 2011
Daily FX Analysis and FX Forum
Hello Vampires, and welcome from the Island of Anguilla a short ferry from St Martin.
John heads back today. We are taking him to the ferry at 11 am Anguilla time.
Hanna and I head back on Wednesday.
The seminar just ended last night and it was great. We have a fabulous vehicle for earnings and we will teach it to all of you if you have interest
.
We traded last night and did ok. Not a lot of moves, (Thanksgiving week). We ended up with something like 12 pips. Not really worth staying up for, but at this point I am pretty much nocturnal anyway.
I didn't trade them, but I just took a look at the day chart.
HOLEY CRAP BATMAN!!
There was over a thousand pips to be made last week to now. Should have had that darn conference in a week from now, so I could have grabbed em!
You guys will love that one minute thingy we are working on. I will go over it with you guys again on Monday. Don't worry Chris, we will make sure you are up on EVERYTHING that we are. (Hanna says HI!!)
I just got a letter from Larry saying he is kicking butt on the day chart, hasnt had a bad trade in about two weeks I think he said. I have to read his slant on it.
He calls the silver bullets POWER ARROWS,,,, Hmmmmm, kind of like that. I might change the name to Power Arrows, as silver doesnt show up very well anyway
Later Gators!
Trade safe,
Dr. Bob
John heads back today. We are taking him to the ferry at 11 am Anguilla time.
Hanna and I head back on Wednesday.
The seminar just ended last night and it was great. We have a fabulous vehicle for earnings and we will teach it to all of you if you have interest
.
We traded last night and did ok. Not a lot of moves, (Thanksgiving week). We ended up with something like 12 pips. Not really worth staying up for, but at this point I am pretty much nocturnal anyway.
I didn't trade them, but I just took a look at the day chart.
HOLEY CRAP BATMAN!!
There was over a thousand pips to be made last week to now. Should have had that darn conference in a week from now, so I could have grabbed em!
You guys will love that one minute thingy we are working on. I will go over it with you guys again on Monday. Don't worry Chris, we will make sure you are up on EVERYTHING that we are. (Hanna says HI!!)
I just got a letter from Larry saying he is kicking butt on the day chart, hasnt had a bad trade in about two weeks I think he said. I have to read his slant on it.
He calls the silver bullets POWER ARROWS,,,, Hmmmmm, kind of like that. I might change the name to Power Arrows, as silver doesnt show up very well anyway
Later Gators!
Trade safe,
Dr. Bob
Saturday, November 19, 2011
Hello Vampires from the Island of Anguilla!
Well, we just finished day one of the internet marketing seminar.
Going really well.
I have been trading all night every day we have been here.
( I even trade during the seminar, I always have my charts up, lol)
Trading is going well. I have been playing with that new one minute thingy, and I am up around 55 pips since Wednesday. I was dying to trade last nite, but I still used the nite for back testing. I actually think we might have a viable forex trading strategy.
Now, in the title there, it says, "Hello Vampires from the Island of Anguilla!"
That is incorrect. I have not met any Vampires from the Island of Anguilla.
I meant you!
Trade safe,
Dr. Bob
Going really well.
I have been trading all night every day we have been here.
( I even trade during the seminar, I always have my charts up, lol)
Trading is going well. I have been playing with that new one minute thingy, and I am up around 55 pips since Wednesday. I was dying to trade last nite, but I still used the nite for back testing. I actually think we might have a viable forex trading strategy.
Now, in the title there, it says, "Hello Vampires from the Island of Anguilla!"
That is incorrect. I have not met any Vampires from the Island of Anguilla.
I meant you!
Trade safe,
Dr. Bob
Thursday, November 17, 2011
The story of St. Martin
Well Guys,
We made it to Anguilla, or is it Angola, or Arugala? Nope, I remember, it was Artichoke!
Beautiful island about a twenty minute boat ride from Saint Martin. We did think it funny that not one single person on the whole darn island knew who St. Martin was!
Don't worry, I told them, he is the patron saint of soldiers and horses. He was cannonized because when he was a soldier in the army of Rome, he came upon a beggar with no cloak to shield him from the cold.
Martin took off his own cloak and cut it in half to share with the beggar.
That night, he had a dream that Jesus had come to him and thanked him for sharing his fine Roman Soldiers cloak with him.
He awoke in the morning with his own cloak restored.
Very cool story.
Amazing no one here knows it!
Trade safe,
Dr. Bob
We made it to Anguilla, or is it Angola, or Arugala? Nope, I remember, it was Artichoke!
Beautiful island about a twenty minute boat ride from Saint Martin. We did think it funny that not one single person on the whole darn island knew who St. Martin was!
Don't worry, I told them, he is the patron saint of soldiers and horses. He was cannonized because when he was a soldier in the army of Rome, he came upon a beggar with no cloak to shield him from the cold.
Martin took off his own cloak and cut it in half to share with the beggar.
That night, he had a dream that Jesus had come to him and thanked him for sharing his fine Roman Soldiers cloak with him.
He awoke in the morning with his own cloak restored.
Very cool story.
Amazing no one here knows it!
Trade safe,
Dr. Bob
Tuesday, November 15, 2011
Dr. Bob's Daily FX Analysis
Daily FX Analysis
The EURO- Yesterdays southbound grid break has gone to completion giving us a total so far of 70 pips and we are still in the trade with stops at break even.
The POUND- Southbound grid break on the POUND has completed giving us 65 pips
The EJ (EUR/JPY)- Yesterdays southbound grid break would give a total of 78 pips if it hits first target. I just pulled at 70. I am getting edgy watching it flounder. Stops are set at breakeven. Five units still available in the trade.
The GRAVEYARD (GBP/JPY)- Stopped out of the southbound trade on the 9th with 30 pips. Would have a hundred by now, but rules are rules. I don't take second entrances.
The ROO (AUD/USD)- Nothing new on the ROO. Ain't in no trades, don't see no breaks so there ain't no trades I gonna takes!
The CHEESE (USD/CHF)- Nothing Cheesy today doth please me. No cheesy trades today. They all stink.
Trade safe,
Dr. Bob
The EURO- Yesterdays southbound grid break has gone to completion giving us a total so far of 70 pips and we are still in the trade with stops at break even.
The POUND- Southbound grid break on the POUND has completed giving us 65 pips
The EJ (EUR/JPY)- Yesterdays southbound grid break would give a total of 78 pips if it hits first target. I just pulled at 70. I am getting edgy watching it flounder. Stops are set at breakeven. Five units still available in the trade.
The GRAVEYARD (GBP/JPY)- Stopped out of the southbound trade on the 9th with 30 pips. Would have a hundred by now, but rules are rules. I don't take second entrances.
The ROO (AUD/USD)- Nothing new on the ROO. Ain't in no trades, don't see no breaks so there ain't no trades I gonna takes!
The CHEESE (USD/CHF)- Nothing Cheesy today doth please me. No cheesy trades today. They all stink.
Trade safe,
Dr. Bob
Daily FX, Dr. Bob's Prescribed Dose
Hiya Vampires!
Had a totally cool night last night. The room was quiet, but JJ was there with me, at least semi-awake.
I spent most of the night playing with the new Triple Header Version of the combined Grid-Bullet-Breakfast Trade.
If that sounds a bit confusing, it's because that is a bit confusing.
Don't worry, you still haven't drank to much. Or maybe you have.
Can you still walk a straight line. If you don't want to, you could still have one more. If you think that walking that line might be fun, you're drunk.
The triple header is when you demand a silver-bullet entry, combined with a grid break entry, combined with a big breakfast bollinger break-out. All three must be in alignment in order for you to have an entry.
If I am bored out of my skull, I will enter with only two of the criteria met, but then I lower my lottage by 1/2.
The rules are still being established, but I have ended up with 26 pips in about a zillion trades.
I traded from 2 am eastern to 4:30 am eastern.
I have to tell you, it was fun. It was easy. It takes concentration, very much like a video game.
I enjoy forex trading strategies like this. People enjoy trading them because they are fun and they occupy your time a lot. They make you feel like you are doing something. Trading the Daily FX can be a boring almost ritualistic event on the higher lights, but on the lowers, they are a blast. (but we still make the real money on the highers)(don't mean we can't have fun on the lowers though!!)
Now, Hanna, John, and myself are headed for the island of Anguilla for the next few days. We are taking courses on internet marketing which we will teach to you guys.
John will make sure that we are playing archives on the days we are gone.
We have some really great money makers for you guys coming up. All to do with the Vampire Trading Networks soon to be announced new marketing plan,
VERY EXCITING STUFF!
Trade safe Vampires,
Dr. Bob
Had a totally cool night last night. The room was quiet, but JJ was there with me, at least semi-awake.
I spent most of the night playing with the new Triple Header Version of the combined Grid-Bullet-Breakfast Trade.
If that sounds a bit confusing, it's because that is a bit confusing.
Don't worry, you still haven't drank to much. Or maybe you have.
Can you still walk a straight line. If you don't want to, you could still have one more. If you think that walking that line might be fun, you're drunk.
The triple header is when you demand a silver-bullet entry, combined with a grid break entry, combined with a big breakfast bollinger break-out. All three must be in alignment in order for you to have an entry.
If I am bored out of my skull, I will enter with only two of the criteria met, but then I lower my lottage by 1/2.
The rules are still being established, but I have ended up with 26 pips in about a zillion trades.
I traded from 2 am eastern to 4:30 am eastern.
I have to tell you, it was fun. It was easy. It takes concentration, very much like a video game.
I enjoy forex trading strategies like this. People enjoy trading them because they are fun and they occupy your time a lot. They make you feel like you are doing something. Trading the Daily FX can be a boring almost ritualistic event on the higher lights, but on the lowers, they are a blast. (but we still make the real money on the highers)(don't mean we can't have fun on the lowers though!!)
Now, Hanna, John, and myself are headed for the island of Anguilla for the next few days. We are taking courses on internet marketing which we will teach to you guys.
John will make sure that we are playing archives on the days we are gone.
We have some really great money makers for you guys coming up. All to do with the Vampire Trading Networks soon to be announced new marketing plan,
VERY EXCITING STUFF!
Trade safe Vampires,
Dr. Bob
Thursday, November 10, 2011
Take the Day Off Guys, It's a Holiday
Hello Vampires!
Friday is veterans day, an official bank holiday.
As we have found out many times in the past, during bank holidays, trade volumes drop drastically.
The members of this Forex Forum are well aware that when volumes are low that foreign currency pairs can have wild and eratic movements, sometimes based on nothing that we can see.
There is usually an agenda, but we are not always aware of what it is.
A medium size hedge fund can move the market quite a bit when they are not competing against every large bank and brokerage house in the world. So one big buy or sell and all the forex trading strategies in the world fall apart as the pair starts on Mr. Toads Wild Ride!
Now, half of you will now have to deal with the guilt of not working one day. "But, I am a trader" you say. "I can't be a trader if I am not trading. Where do I go to have this holiday cancelled"?
Hmmmm?, Lately I'm pretty sure the white house would be willing to cancel Veterans Day. They might even replace it with Ramadan or National Athiests day.
Darn, they would only make that a bank holiday too, so we still can't trade.
Hey, I'll trade you my pencil for that marble you got over there.
What do ya say? Is it a deal?
Trade safe,
or not at all,
Dr. Bob
Friday is veterans day, an official bank holiday.
As we have found out many times in the past, during bank holidays, trade volumes drop drastically.
The members of this Forex Forum are well aware that when volumes are low that foreign currency pairs can have wild and eratic movements, sometimes based on nothing that we can see.
There is usually an agenda, but we are not always aware of what it is.
A medium size hedge fund can move the market quite a bit when they are not competing against every large bank and brokerage house in the world. So one big buy or sell and all the forex trading strategies in the world fall apart as the pair starts on Mr. Toads Wild Ride!
Now, half of you will now have to deal with the guilt of not working one day. "But, I am a trader" you say. "I can't be a trader if I am not trading. Where do I go to have this holiday cancelled"?
Hmmmm?, Lately I'm pretty sure the white house would be willing to cancel Veterans Day. They might even replace it with Ramadan or National Athiests day.
Darn, they would only make that a bank holiday too, so we still can't trade.
Hey, I'll trade you my pencil for that marble you got over there.
What do ya say? Is it a deal?
Trade safe,
or not at all,
Dr. Bob
The Perfect Storm Winds Down
It's 3:30 am and all is well.
I am looking now at the charts. Our SWISSY trade that we all made the other day is now up about 140 pips. Money has already been banked. If we get stopped out now, we will get stopped out with an extra hundred pips on our remaining lots.
Hurray for the Sharak Scale Out Tool!
The EURO continues on its downward cycle. It was a perfect storm entrance on the four hour light. I have just recieved an opposing VTN engine, which will end this trade with 140 pips.
That trade has given us a grid entrance, a silver bullet entrance, and a big breakfast entrance.
A triple play!
If you entered the POUND on the four hour lite, You just got an exit signal in the form of an opposing vtn engine. In this case, it was the BB that gave our entrance, and an opposing VTN engine that gives us our exit with 80 pips.
If you entered the Cheese on a four hour BB entrance, that trade is now over with a VTN Engine giving you an opposing signal. We walk away with 44 pips. Better than a poke in the eye with a sharp stick.!
Though, that can be nice too.
We are having an insanely good night. The week started off slowly, but has picked up momentum quickly. Consolidations just might be the order of the week for now.
We shall see, we shall see.
Trade safe vampires,
Dr. Bob
I am looking now at the charts. Our SWISSY trade that we all made the other day is now up about 140 pips. Money has already been banked. If we get stopped out now, we will get stopped out with an extra hundred pips on our remaining lots.
Hurray for the Sharak Scale Out Tool!
The EURO continues on its downward cycle. It was a perfect storm entrance on the four hour light. I have just recieved an opposing VTN engine, which will end this trade with 140 pips.
That trade has given us a grid entrance, a silver bullet entrance, and a big breakfast entrance.
A triple play!
If you entered the POUND on the four hour lite, You just got an exit signal in the form of an opposing vtn engine. In this case, it was the BB that gave our entrance, and an opposing VTN engine that gives us our exit with 80 pips.
If you entered the Cheese on a four hour BB entrance, that trade is now over with a VTN Engine giving you an opposing signal. We walk away with 44 pips. Better than a poke in the eye with a sharp stick.!
Though, that can be nice too.
We are having an insanely good night. The week started off slowly, but has picked up momentum quickly. Consolidations just might be the order of the week for now.
We shall see, we shall see.
Trade safe vampires,
Dr. Bob
Wednesday, November 9, 2011
Forex Hours aren't allways the easiest in the Forex World
Hello Dr. Ron!
Following Forex hours is not the easiest thing you can put your body through Ron. Use the Sharak Scale Out Tool and you don't have to babysit the trade after you install it on the trade chart and set the parameters.
You will need to know the length of the grid in pips, and not much more.
It is fantastic, it have me back my sleep time again. I will send you an e mail with the stuff in the attachment.
Trade Safe,
Dr. Bob
Following Forex hours is not the easiest thing you can put your body through Ron. Use the Sharak Scale Out Tool and you don't have to babysit the trade after you install it on the trade chart and set the parameters.
You will need to know the length of the grid in pips, and not much more.
It is fantastic, it have me back my sleep time again. I will send you an e mail with the stuff in the attachment.
Trade Safe,
Dr. Bob
Daily FX, Dr. Bob's Prescribed Dose
Daily FX, Dr. Bob's Prescribed Dose
The EURO- We had a valid south side entrance today. It appears to have been part of a retrace, but it has continues and closed beneath the 61% level. We could be seeing a reversal.
The POUND- A very nice southside entrance has presented itself, with the lower end breaking through the Breakfast entrance also
The EJ (EUR/JPY)- The EJ has a valid southbound entrance, which closed outside the bollinger, and broke a grid, and has the Sars in its favor, and has a beauty of a Silver Bullet entrance too. A real beauty, but this ain't no darn beauty contest now, is it?
The GRAVEYARD (GBP/JPY)- There is now a southbound trade which began this afternoon. No
Silver Bullet, no Bollinger Break. No thank you.
The ROO (AUD/USD)- Southbound break on Halloween night. spooooooookyyyyyyyyy! But spooky or not, we got 380 pips since the trades inception.
The CHEESE (USD/CHF)- has been in a southbound trade also since Halloween, and has garnered aver 400 pips so far. Hehehehehehehe,
part finger. The Silver Bullit and others in the audience,
Trade safe,
Dr. Bob
The EURO- We had a valid south side entrance today. It appears to have been part of a retrace, but it has continues and closed beneath the 61% level. We could be seeing a reversal.
The POUND- A very nice southside entrance has presented itself, with the lower end breaking through the Breakfast entrance also
The EJ (EUR/JPY)- The EJ has a valid southbound entrance, which closed outside the bollinger, and broke a grid, and has the Sars in its favor, and has a beauty of a Silver Bullet entrance too. A real beauty, but this ain't no darn beauty contest now, is it?
The GRAVEYARD (GBP/JPY)- There is now a southbound trade which began this afternoon. No
Silver Bullet, no Bollinger Break. No thank you.
The ROO (AUD/USD)- Southbound break on Halloween night. spooooooookyyyyyyyyy! But spooky or not, we got 380 pips since the trades inception.
The CHEESE (USD/CHF)- has been in a southbound trade also since Halloween, and has garnered aver 400 pips so far. Hehehehehehehe,
part finger. The Silver Bullit and others in the audience,
Trade safe,
Dr. Bob
Daily FX, Dr. Bob's Prescribed Dose.
The EURO had a triple header last nite with a grid break, a super engine, and a breakfast break.
Same on the POUND
Same on the EUR/JPY
And the GRAVEYARD
And the ROO
AND YOU SLEPT THROUGH IT!
How could you! How many of these picture perfect winning forex trade setups do we see. OMG.
We wait, and we wait, and we wait, and then you fall asleep. I am so ashamed of you.
Oh, uh, me, ummm, well no, I didn't take these trades. No, none of them.
Uhmm, why you ask. Well, uhhmmm, I had to walk the dog. I was lubricating my eyeballs with my eyelids.
It was your turn to watch it.
Yes, that's it, it was your turn, your turn, your turn.
Ding, Dong.
"Oh honey, the men from the sanitarium are here"
But it was his turn I tell, ya, his turn!
And as the lonely white ambulance rides off into the sunset...
Gidyap little doggies,
Sometimes S--t happens,
Trade safe,
Dr. Bob
Same on the POUND
Same on the EUR/JPY
And the GRAVEYARD
And the ROO
AND YOU SLEPT THROUGH IT!
How could you! How many of these picture perfect winning forex trade setups do we see. OMG.
We wait, and we wait, and we wait, and then you fall asleep. I am so ashamed of you.
Oh, uh, me, ummm, well no, I didn't take these trades. No, none of them.
Uhmm, why you ask. Well, uhhmmm, I had to walk the dog. I was lubricating my eyeballs with my eyelids.
It was your turn to watch it.
Yes, that's it, it was your turn, your turn, your turn.
Ding, Dong.
"Oh honey, the men from the sanitarium are here"
But it was his turn I tell, ya, his turn!
And as the lonely white ambulance rides off into the sunset...
Gidyap little doggies,
Sometimes S--t happens,
Trade safe,
Dr. Bob
Tuesday, November 8, 2011
Daily FX, Dr. Bob's Prescribed Dose
Daily FX, Dr. Bob's Prescribed Dose
The EURO- Now new grid breaks on the EURO. Relax let it consolidate, and we will check it again later in the week.
The POUND- Still in a northbound trade from the 3rd. Up 60 pips so far. Consider if you want to stay in it as it is moving very slowly.
The EJ- No current grid breaks. Not in any past trades.
The Graveyard- Currently in a Northbound trade from the 3rd. It's going nowhere. Just about at breakeven now.
The Roo- Still in a southbound trade. 230 pips locked and banked. Stop at breakeven.
The Cheese- Northbound trade from 4 days ago. Still in it, and it is now verified by the Big Breakfast, another grid break, and parabolics.
It's looking pretty good. It has pulled back providing another entrance. 2nd entrances historically have not been as reliable as 1st entrance. Up to you!
Trend trading is a wonderful thing when the trends present themselves. However, not everything trends the way we want it to. In those cases, Sharaks Grid Trade is one of the only forex trading strategies that will allow you to navigate small movements with relative safety. If you are going to play the little ones, consider going down to a lower light.
Trade safe,
Dr. Bob
The EURO- Now new grid breaks on the EURO. Relax let it consolidate, and we will check it again later in the week.
The POUND- Still in a northbound trade from the 3rd. Up 60 pips so far. Consider if you want to stay in it as it is moving very slowly.
The EJ- No current grid breaks. Not in any past trades.
The Graveyard- Currently in a Northbound trade from the 3rd. It's going nowhere. Just about at breakeven now.
The Roo- Still in a southbound trade. 230 pips locked and banked. Stop at breakeven.
The Cheese- Northbound trade from 4 days ago. Still in it, and it is now verified by the Big Breakfast, another grid break, and parabolics.
It's looking pretty good. It has pulled back providing another entrance. 2nd entrances historically have not been as reliable as 1st entrance. Up to you!
Trend trading is a wonderful thing when the trends present themselves. However, not everything trends the way we want it to. In those cases, Sharaks Grid Trade is one of the only forex trading strategies that will allow you to navigate small movements with relative safety. If you are going to play the little ones, consider going down to a lower light.
Trade safe,
Dr. Bob
Monday, November 7, 2011
Daily FX, Dr. Bob's Prescribed Dose
Daily FX, Dr. Bob's prescribed dose
Hello Vampires,
Here is todays dose of my Daily FX Analysis. These are the trades that I look at for my own daily trading. Most are based on Sharaks Grid Trade System grid breaks. But occasionaly I will take trades on the Big Breakfast. I will often take Classic trades also.
ALL DAILY FX ANALYSIS IS TAKEN OFF OF THE DAY CHART, AND ALL GRIDS ARE ADJUSTED TO BE AS CLOSE AS POSSIBLE TO THE 12 PERIOD ATR.
The EURO- The short trade from 7 days ago was just stopped out at breakeven two days ago, locking in a profit of 120 pip. No new grid breaks. Relax, towards the end of the week we should see some breakouts.
The POUND- We are currently in a long trade on the POUND due to a grid break that occurred four days ago.
The EJ (EUR/JPY)- No current grid breaks, and no trades running at present.
The GRAVEYARD (GBP/JPY)- We are currently in a long trade that started on the 3rd of November. At the moment we are up about 20 pips, but that could change, no pips are yet banked.
The ROO (AUD/USD)- We are currently in a short trade that started on Halloween. We have banked 220 pips. Stop is at breakeven and trade has been rangebound for the last 5 days.
The CHEESE (USD/CHF)- The CHEESE has been in a northbound trade for the last three days with about a hundred pips banked and stops are at breakeven.
Last week was a pretty good one, and for now most of the pairs are in a consolidation which seems to be taking the form of rangebound channels rather than pullbacks.
Channels can be fun and easy patterns to play. When they break out they tend to break out hard and fast. Be careful though, sometimes they fake to one direction and shoot to the other. Set your stop tight at the beginning, and loosen it a bit as your pip total builds.
Straddles can be interesting trades to play in rangebound situations, but don't set your entries to close or you might just get caught up in the initial head fake.
Trade safe Vampires,
Dr. Bob
Hello Vampires,
Here is todays dose of my Daily FX Analysis. These are the trades that I look at for my own daily trading. Most are based on Sharaks Grid Trade System grid breaks. But occasionaly I will take trades on the Big Breakfast. I will often take Classic trades also.
ALL DAILY FX ANALYSIS IS TAKEN OFF OF THE DAY CHART, AND ALL GRIDS ARE ADJUSTED TO BE AS CLOSE AS POSSIBLE TO THE 12 PERIOD ATR.
The EURO- The short trade from 7 days ago was just stopped out at breakeven two days ago, locking in a profit of 120 pip. No new grid breaks. Relax, towards the end of the week we should see some breakouts.
The POUND- We are currently in a long trade on the POUND due to a grid break that occurred four days ago.
The EJ (EUR/JPY)- No current grid breaks, and no trades running at present.
The GRAVEYARD (GBP/JPY)- We are currently in a long trade that started on the 3rd of November. At the moment we are up about 20 pips, but that could change, no pips are yet banked.
The ROO (AUD/USD)- We are currently in a short trade that started on Halloween. We have banked 220 pips. Stop is at breakeven and trade has been rangebound for the last 5 days.
The CHEESE (USD/CHF)- The CHEESE has been in a northbound trade for the last three days with about a hundred pips banked and stops are at breakeven.
Last week was a pretty good one, and for now most of the pairs are in a consolidation which seems to be taking the form of rangebound channels rather than pullbacks.
Channels can be fun and easy patterns to play. When they break out they tend to break out hard and fast. Be careful though, sometimes they fake to one direction and shoot to the other. Set your stop tight at the beginning, and loosen it a bit as your pip total builds.
Straddles can be interesting trades to play in rangebound situations, but don't set your entries to close or you might just get caught up in the initial head fake.
Trade safe Vampires,
Dr. Bob
Dr. Bob's Daily Forex Report and Analysis
Dr. Bob's Daily Forex Report and Analysis
Todays Grid Channel Numbers
The EURO- 1.38315 and 1.37115 with half channels
The POUND- 1.60370 and 1.59274 with half channels
The EJ ( EUR/JPY)- 107.888 and 107.403 no divisions
The GRAVEYARD (GBP/JPY)- 124.733 and 123.964 with half channels
The ROO (AUD/USD)- 1.03920 and 1.02901 with half channels for now
The CHEESE (USD/CHF)- .89174 and .87783 with half channels
Please note: I adjust my channel divisions to be fairly close to the 12 candle ATR. I have found that this works well with my forex trading plan, and it just gets added to the mix for the Sharak Grid Trade Forex Strategy.
Trade Safe,
Dr. Bob
Todays Grid Channel Numbers
The EURO- 1.38315 and 1.37115 with half channels
The POUND- 1.60370 and 1.59274 with half channels
The EJ ( EUR/JPY)- 107.888 and 107.403 no divisions
The GRAVEYARD (GBP/JPY)- 124.733 and 123.964 with half channels
The ROO (AUD/USD)- 1.03920 and 1.02901 with half channels for now
The CHEESE (USD/CHF)- .89174 and .87783 with half channels
Please note: I adjust my channel divisions to be fairly close to the 12 candle ATR. I have found that this works well with my forex trading plan, and it just gets added to the mix for the Sharak Grid Trade Forex Strategy.
Trade Safe,
Dr. Bob
Carefull with the Forex Hours
Post to forum
johnmcglaughlin: Forex Factory did not set their time back to Standard Time. Be careful with fundamentals till they reset their server.
Use the time clock in the banner to sync news releases or you will be an hour late.
As a for instance the creation of this post is approximately 4:46 AM EST but with Forex Factory they are registering 5:46 AM
News alerts are with reference to the clock next to the search window
johnmcglaughlin is typing...
johnmcglaughlin: Nov 7, 2011 5:47am (1 min ago) 5:47am
DR BOB (11/7/2011 4:48:23 AM): I'm posting it as we speak.
johnmcglaughlin: Forex Factory did not set their time back to Standard Time. Be careful with fundamentals till they reset their server.
Use the time clock in the banner to sync news releases or you will be an hour late.
As a for instance the creation of this post is approximately 4:46 AM EST but with Forex Factory they are registering 5:46 AM
News alerts are with reference to the clock next to the search window
johnmcglaughlin is typing...
johnmcglaughlin: Nov 7, 2011 5:47am (1 min ago) 5:47am
DR BOB (11/7/2011 4:48:23 AM): I'm posting it as we speak.
Thursday, November 3, 2011
Daily FX, Dr. Bob's prescribed dose
Daily FX, Dr. Bob's prescribed dose.
The EURO- Nothing new in the EURO. No new grid breaks. The breakfast bands are wide open and not yet ready for a good pinch. We will check it again tommorrow. When I am scanning my Daily FX charts, I go quickly past charts like this, and give them time to rest, recover, and move again.
The POUND- On the POUND we just got out of a southbound headfake. We now have a northbound entrance which appears to be heading up to complete a Marshalls Bell Curve strategy. It doesnt look bad, but I just hate trading into Friday and the weekend. Many forex pros would refuse this trade. Not all.
The EJ (EUR/JPY)- There is a northbound straddle but not strong enough to give a solid entry. When you take a trade that does not have all ducks lined up, you increase your risk of failure. Please lower you lottage severely. We are not gamblers. We are Forex Pros.
The GRAVEYARD (GBP/JPY)- This pair has such wild drastic moves. I almost hate to see a good solid entrance on this one. Unfortunatly, there is one today. It has been trending back up for the last five or six weeks. It retraced a few days back, and now it has a nice solid grid break, on its way to completing another Marshall's Bell Curve forex strategy.
The ROO (AUD/USD)- The ROO will give you nothing to do, boo hoo. No new grid breaks, no trade continuations, nuttin. How boring.
The Cheese (USD/CHF)- The CHEESE is giving a perplexing chart. It had been trending upwards for a few weeks and then down for two more. Up for 3 days and then a southside grid break apparently to challenge the 50% retracement that it had made on the way down. It should hit at least first target which is good for a hundred pips or so. (Wish it wasnt going into Friday.
Each day when I write the Daily FX, I have a perplexing situation at times. There are some grid breaks which because of other underlying circumstances, would not induce me into a trade. Now your typical forex forum just throws them all out with very little commentary, but you will notice they sweep it under the rug afterwards. Never to be discussed again.
I try to give my honest feelings of each trade to let you know whether or not I will be trading it. Feel free to take my forexpro advice and use it in your decision as to whether to trade or not.
Trade safe,
Dr. Bob
The EURO- Nothing new in the EURO. No new grid breaks. The breakfast bands are wide open and not yet ready for a good pinch. We will check it again tommorrow. When I am scanning my Daily FX charts, I go quickly past charts like this, and give them time to rest, recover, and move again.
The POUND- On the POUND we just got out of a southbound headfake. We now have a northbound entrance which appears to be heading up to complete a Marshalls Bell Curve strategy. It doesnt look bad, but I just hate trading into Friday and the weekend. Many forex pros would refuse this trade. Not all.
The EJ (EUR/JPY)- There is a northbound straddle but not strong enough to give a solid entry. When you take a trade that does not have all ducks lined up, you increase your risk of failure. Please lower you lottage severely. We are not gamblers. We are Forex Pros.
The GRAVEYARD (GBP/JPY)- This pair has such wild drastic moves. I almost hate to see a good solid entrance on this one. Unfortunatly, there is one today. It has been trending back up for the last five or six weeks. It retraced a few days back, and now it has a nice solid grid break, on its way to completing another Marshall's Bell Curve forex strategy.
The ROO (AUD/USD)- The ROO will give you nothing to do, boo hoo. No new grid breaks, no trade continuations, nuttin. How boring.
The Cheese (USD/CHF)- The CHEESE is giving a perplexing chart. It had been trending upwards for a few weeks and then down for two more. Up for 3 days and then a southside grid break apparently to challenge the 50% retracement that it had made on the way down. It should hit at least first target which is good for a hundred pips or so. (Wish it wasnt going into Friday.
Each day when I write the Daily FX, I have a perplexing situation at times. There are some grid breaks which because of other underlying circumstances, would not induce me into a trade. Now your typical forex forum just throws them all out with very little commentary, but you will notice they sweep it under the rug afterwards. Never to be discussed again.
I try to give my honest feelings of each trade to let you know whether or not I will be trading it. Feel free to take my forexpro advice and use it in your decision as to whether to trade or not.
Trade safe,
Dr. Bob
Wednesday, November 2, 2011
Dr. Bob's Daily FX Analysis
Dr. Bob's Free Daily FX Analysis
The EURO- No new grid breaks on the EURO today. No open trades. The EURO is resting I'm guess-ting.
The POUND- The Southbound trade on the POUND that began on November 1st continues. At the present moment it is up about 40 pips, but no monies have yet been locked.
The EUR/JPY- The Southbound trade on the POUND that began on November 1st continues. At the present moment it is up about 17 pips, but no monies have yet been locked.
NOTE: Substitute EUR/JPY everyplace in this paragraph that you see the word pound. I copied and pasted the post from the pound since it was the same stuff anyway to save me from having to do all of that typing. Good thinkin' !!
The GRAVEYARD (GBP/JPY)- All is quiet in the graveyard today. They must be tired after Halloween.
http://www.youtube.com/watch?v=hCA5Mo-JW8M
The Roo (AUD/USD)- The ROO has been in a trade since Oct. 31st. It has locked in 220 pips with 284 is its total at this exact moment.
Go Go Roo, this is what we want you to do!
The Cheese (USD/CHF)- The Roo was has been in a Northbound trade since Halloween evening. It has locked in 160 pips. It is in a small retracement, but this is now a no lose trade with 160 pips already in the bank.
This Cheese don't stink.
Often times when doing the Daily FX Analysis we will find that after a move, the forex currency pair will rest. By resting we mean the pair will either consolidate by channeling or retracing.
Sharaks Grid Trade is a forex trading strategy that accounts for most consolidations and can save you a ton of lost pips by keeping you out of trades while they are in a channel pattern. It will also allow you to capture many of the retraces too.
A bonus!
Trade safe,
Dr. Bob
The EURO- No new grid breaks on the EURO today. No open trades. The EURO is resting I'm guess-ting.
The POUND- The Southbound trade on the POUND that began on November 1st continues. At the present moment it is up about 40 pips, but no monies have yet been locked.
The EUR/JPY- The Southbound trade on the POUND that began on November 1st continues. At the present moment it is up about 17 pips, but no monies have yet been locked.
NOTE: Substitute EUR/JPY everyplace in this paragraph that you see the word pound. I copied and pasted the post from the pound since it was the same stuff anyway to save me from having to do all of that typing. Good thinkin' !!
The GRAVEYARD (GBP/JPY)- All is quiet in the graveyard today. They must be tired after Halloween.
http://www.youtube.com/watch?v=hCA5Mo-JW8M
The Roo (AUD/USD)- The ROO has been in a trade since Oct. 31st. It has locked in 220 pips with 284 is its total at this exact moment.
Go Go Roo, this is what we want you to do!
The Cheese (USD/CHF)- The Roo was has been in a Northbound trade since Halloween evening. It has locked in 160 pips. It is in a small retracement, but this is now a no lose trade with 160 pips already in the bank.
This Cheese don't stink.
Often times when doing the Daily FX Analysis we will find that after a move, the forex currency pair will rest. By resting we mean the pair will either consolidate by channeling or retracing.
Sharaks Grid Trade is a forex trading strategy that accounts for most consolidations and can save you a ton of lost pips by keeping you out of trades while they are in a channel pattern. It will also allow you to capture many of the retraces too.
A bonus!
Trade safe,
Dr. Bob
Tuesday, November 1, 2011
Vampire Trading Networks Free Forex Alert Service and Forex Forum
Vampire Trading Networks Free Forex Alert Service and Forex Forum
The EURO- The grid break on yesterdays Euro trade continues, and the trade is now up over 170 pips. Hope you are all using Sharaks Scale Out Tool.
The POUND- New southside grid break on the pound. It will give up 100 pips if it reaches first target.
The EUR/JPY- Southside entrance can give 120 pips if it reaches first target. 16 candles before in an ldd pattern. Careful, no established trend from the 16 candle break.
The Graveyard (GBP/JPY)- No trade continuations. No grid breaks.
The Roo (AUD/USD)- The southside trade from two days ago continues. We have 225 pips banked.
The Cheese (USD/CHF)- The trade continues from two days ago. We have hit second target for 170 pips and the trade continues.
One of the hardest things to know in any forex trading strategy is not when to enter a trade. Any fool can enter a trade. But knowing the proper time to take profit is critical.
The combination of Sharaks Grid Trade Strategy and Sharaks Scale Out Tool takes this task that some find almost impossible to handle, completely out of your hands.
You choose the entry assuming a qualified Sharak Grid Break. You set the numbers for the amount of pips in your channel, and Sharaks Scale Out Tool does the rest.
It sets up to five targets and five stops along with a trailing stop that you can set to make profit pulls as it reaches each grid target and it will also set your stop to break even when it reaches first target.
It is totally the best!!
And best of all...
IT'S FREE TO ALL VAMPIRES!
Trade Safe Vampires,
Dr. Bob
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