January 1, 2010

300 pip forex trade

100_12002Happy New Year Everyone!

The end of each year is a time of reflection about what we accomplished and what we have yet to accomplish.  It is my intention to get more of you than ever before making money with my market reversal levels in 2010. ( Even if I have to jump up and down and scream like a complete loon!)  :-)

 With that said…

I will keep teaching you until it becomes second nature and your banking the pips.  I'm not doing this because I have nothing better to do, but just trying to make a difference to as many traders as I can.

Below is a video I just made on a GBP/USD trade that could have taken in near 300 pips.  This was as perfect a trade as you will ever get so please burn it into your gray matter.  :-)

No, these trades don't happen every day, but there should be at least 3 or 4 a month.  It goes without saying that they can really fatten up your trading account.

Hope this gives you some food for thought….

Until next week, peace and prosperity,

Jeff Wilde

***VERY IMPORTANT: If you are new to our forex market forecast service I urge you to get up to speed on how to get the most out of it. This will also explain what the abbreviations I use mean. To get all the details click this link:

Here is a video that will teach you how to get the most out of this newsletter. TO VIEW CLICK HERE:


Save 40% - 50% On All My Forex Programs Through Jan 4!

In the 6 years  I've been on line I've never discounted my programs simply because they are already very affordable.

However… I know the economy has been tough on a lot of you so I want to do my part to help you jump start your trading career so  I'm going to put all my progams on sale until Jan 4.

Many of you aren't aware of all my programs so I will list them here:

1. www.win-at-trading.com
2. www.fastforexprofits.com
3. www.forextrendfinder.com
3. www.forextrendfinder.com/uts.html

If you purchased each program seperately it would cost near $438.

Until January 4, 2010 you can buy all 4 of my programs for $217

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Any 3 for just $177

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And don't forget that even though the price is heavily discounted
doesn't mean that I will be cutting you off from my complimentary
email and phone suport.  I stand behind my programs and want to make
sure I help you get the most out of them.

To order…  http://www.win-at-trading.com/holiday_sale.html


Key Market Reversal Levels for
Jan 4 - Jan 8

 

GBP/USD

EUR/USD

USD/JPY

GBP/JPY

EUR/JPY

Turning Point Down #3 1.6600 1.5066 96.96 157.50 138.50
Turning Point Down #2 1.6414 1.4777 95.00 155.00 136.97
Turning Point Down #1 1.6250 1.4500 93.47 152.50 134.50
 
Turning Point Up #1 1.6000 1.4217 91.89 147.49 131.64
Turning Point Up #2 1.5829 1.4050 90.78 145.00 130.00
Turning Point Up #3 1.5704 1.3750 89.50 141.81 127.38
           
Intermediate Trend
Direction
Down Down Up Up Down
Major Trend Direction Up Up Down Down Down
 
Comments  

***VERY IMPORTANT:  If you are new to our forex market forecast service I urge you to get up to speed on how to get the most out of it.      This will also explain what the abbreviations I use mean. To get all the details click this link:

Here is a video that will teach you how to get the most out of this newsletter. TO VIEW CLICK HERE:

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Comments on 300 pip forex trade »

January 2, 2010

Susan Johnson @ 9:21 am

Hi Jeff-Happy New Year! I always look forward to your levels and the videos. I have already tried twice to watch the latest video….it stopped once at 1:06 and the other time it stopped at 2:01….just wanted to let you know. I have a question. When price has reached a turning point level and based on other confirmation is it expected that it will go to the next level….be that in hours or days? Is that the way it usually works? If a trader traded one std lot one could make a living doing that. It is very powerful! Thank you! Susan

Jeffrey Wilde @ 12:11 pm

Happy New Year to you Susan as well. If the video stops try refreshing your browser.

When the market reaches a new level you never know if it will reverse direction or continue to the next level beyond in the direction of the trend.

The trick is to simply observe price action and see if the macd or stochastics are showing divergence. If there is divergence then odds are high that the market will reverse direction off of the market level.

If the market closes strongly beyond a level for 2 bars thens odds are you are in a trend continuation.

In answer to whether you could make a living it would depend on what someone considers enough to live on. There are also too many factors and variables to factor in as each trader will take the exact same signal and trade it differently.

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