Pro Swing Trading

Hi Pokasaha,

I guess you can see your chart when i sent signal, if market be around that area you can open if not waiting for ... i don't know why you try to persist on a call that i didn't record on my website because it didn't hit my suggest entry. when i send suggested entry i give you the point that we will put our short or long around there.

Hi naboo,

Its impossible to give you report about every click i did on my chart, also already we have clients from all over the world and i should give them time to take position.
Also on entry update area i gave first and second tp for all my trades.

Hi Nick, thanks for replying..

"also already we have clients from all over the world and i should give them time to take position."

may i ask if these clients are paying a different subscription?... if so may i ask the details, because if they are getting immediate realtime calls then i would be interested...

sending out calls on a messenger chat room would be that intensive would it?.. if it proves to be then maybe reflect it in the pricing for the signals?

as i say i am very interested in your trading but really need to mirror your results..

we are talking about some people here including myself with little trading experience, so if we miss or get delayed entries/exits we may as well be trading in the dark..

hope this makes sense

cheers good luck

Hi Naboo,

All of us pay the same subscription. Nicks system is pretty simple.

1. Open up your charts and get ready at his first SMS / email.

2. Once he has made his entry(when you receive 2nd SMS/email), jump to it and click on that BUY / Sell Button. This sms/mail also contains the TP1, TP2

3. Once Tp1 is reached, its upto you if you would like to exit at TP1 / Tp2 / Support / Resistance Lines. I for one, get out at TP1 which I think most of Nick's followers do.

My $0.02.

Hope this helps.

thanks arjuncora..
bailing at TP1 obviously you won't mirror nick's results, how you doing with the signals? entry wise etc


cheers

The euro slipped against the dollar, but still ended the week up about 0.6% amid signs that investors are turning more positive toward the common currency.

The Australian and New Zealand dollars also lost steam after a rally in currencies closely tied to global growth faded.

Even though the common currency fell modestly, "it has had a pretty good move over the course of the week," said Daniel Katzive, foreign-exchange strategist at Credit Suisse in New York. Mr. Katzive added that the loss of momentum didn't seem to be a full-fledged reversal in risk sentiment.

The euro's gains this week have come amid signs that investors have pared their bearish bets on the currency amid a thawing of concerns about Europe's sovereign debt crisis.

Bets against the euro plummeted by 48% compared to week-earlier levels, as easing concerns over the euro zone caused short-term investors to unwind their anti-euro positions.

Net speculative bets against the euro were at 38,900 with a value of $6 billion in the week ended Tuesday, compared to last week's 73,700 contracts with a value of $11.2 billion, according to a Scotia Capital analysis of the weekly Commitments of Traders report released by the Commodity Futures Trading Commission. That compares with a record 113,890 contracts net short the euro on May 11.

The unwinding of these bearish trades has contributed to the euro's strong momentum this week, with Scotia noting bets in favor of the euro also increased in the week ended Tuesday. The common currency has risen more than 6% since hitting a low of 1.1876 on June 7.

Late Friday, the euro was at $1.2640, from $1.2692 late Thursday. The dollar was at 88.63 yen, from 88.39 yen, while the euro was at 112.03 yen from 112.19 yen. The U.K. pound was at $1.5066 from $1.5159 and the dollar was at 1.0561 Swiss francs, from 1.0500 francs.

In other currencies, the Canadian dollar surged after data showed the Canadian economy added 93,200 net jobs in June, far outpacing the 15,000 forecast. The June jobless rate fell to an 18-month low of 7.9%; it was expected to hold at May's 8.1%.

"The domestic side of the Canadian economy is just creating jobs like mad," said David Watt, senior currency strategist at RBC Capital Markets in Toronto. "This leaves the Bank of Canada with no option but to keep raising rates."

I do exactly as I quoted in my previous email naboo.

To me, Nick trades exactly as I usually do, with atleast 25% more accuracy than me, with me putting in 95% lesser time on my computer!

It takes a lot of balls to wait for TP2. I've been chatting up nick as have been a lot of his followers. But the fact remains this.

1. Keep trade lots in small, feasible sizes based on your risk appetite.

2. Exit half lot at TP1, move second half to BE.

To me, I quit at TP1 because

1. I dont have the guts to wait out to tp2 at most times.

2. Money management is something that I'm still wrapping my head around.

Lets see what the future brings us. BTW Nick, I'm kicked about the new unofficial calls! Awesome brotha!

Hopefully we'll all be able to figure out a way where nick can help us get more pips as opposed to just his highly successful TP1s.

To the future!

Morning,

I hope you had great weekend, this week we added new option on our website named Unofficial calls, this option may give you chance to get extra pips beside our official calls.

Cheers
Nick

Which results give this unofficial calls ?

It means that we can have more positions in a day ?

Yes thats why i said extra pips

Aggregate stress test results by country will be issued on July 23 but bank-bu-bank results will be delayed two weeks, according to an EU official.
The delay will come as a disappointment to the market and could weigh on the euro.
EUR/USD is weighed down by the Portuguese downgrade, helping offset the very strong equity rally underway after strong earning to kick off US earnings season.
German banking sources tell Reuters that German banks are on track to pass the tests according to preliminary calculations.

as trading idea A/U has short setup

Explicit discussion of extension of fiscal stimulus may not appear in FOMC minutes to be released at 2 p.m. ET, says Todd Elmer of Citigroup, but a somewhat worse growth outlook could "reinforce expectation for policy to remain accommodative for the foreseeable future," he says, "This could help to maintain pressure on US yields, which have declined significantly in recent months, and could translate to a rise in risk appetite and USD weakening," he says, with investors believing cheap dollars will be around for longer to fund bets on riskier assets.

Risk Reward is totally skewed.

Risk 80 pips, reward 25-35 pips.

Going against the current trend.

Even using same position size for each trade max4% risk, this is death once there is less than 80% winning trades.

I dont think anyone closes at 25-35pips profit. It should be 40 pips minimum.

Nick i just wanna thank you for your great work you are doing here...

Nearly every call is a winner this is simply amazing.

Thanks

A/U - U/CAD : 40 pips first target
G/U -E/U -E/J : 50 pips
G/J : 60 pips first target

its our first target only

after 2 days boring market A/U finally moved...

But this is without spread. If your spread is 3 pips, your risk is 83 pips and reward is 37 pips. (for A/U). So you need at least 69% win ratio. (if you close all on first target)
Good luck.

yeap all i need is little


after a long wait the trade AU turned out great some people are still holding for second target but im just happy with first target for 40 pips. Yes another great trade keep them coming