ETMA_The Evolution

Read and learn :

http://www.businessinsider.com/closi...-5-2013-2013-7
http://www.businessinsider.com/it-lo...apology-2013-7
http://www.businessinsider.com/finan...-july-5-2013-7
http://www.businessinsider.com/josh-...nvestor-2013-7
http://www.businessinsider.com/commo...is-over-2013-7
http://www.businessinsider.com/jp-mo...markets-2013-7
http://www.businessinsider.com/morga...outlook-2013-6

something to fill this early summer weekend.

Best,
B.R.

EU is exactly on support, is this the time to cover my shorts or there will be more downside and more pips to harvest, looking @ other factors i say this is not the end of this Bearish move, but and like always i will have to say that nobody can predict the Markets, i will let the PA reveal the direction to us next week. meanwhile have a nice weekend.
Important to note that EU is @ double if not triple and quadruple support so caution is advised, very strong levels, is it gonna be broken ? .

Another Monday, and another riddle that we have to solve, this is to tell u that nothing is predictable in the FX world, German Industrial Production m/m came much less than expected and that's a negative number, to only find the EU rallying 146 pips, its a strange world that we live in or should i say strange markets, despite the fact that new troubles in Greece and Portugal has aroused last week, this + the Fed Tapering were the reasons behind the EU collapse and nothing has changed since.

Could it be that the technicals are so strong that could lift the EU in that way, of course i mean the EU has run his range and is now @ the Lower D1 ATR Band, maybe we are lucky to trade a system based on the ATR, one that could predict the Markets turn, who knows.

Strange reaction, Strange Markets, Strange world.

Best,
B.R.

Important to read Daily Analysis.
https://docs.google.com/viewer?a=v&p...CYTpzwjcS5R3dA

Experience with this system taught me that no trade is too early or too late, if your rules are fulfilled just go for it, the reason I'm saying that is because I detect a signs of strength in EU and GU, i know its early to judge but like i said.
Anyway, EU, GU, AN are on the Lower Band which means that they run their ATR, and UCHF, UCAD are on the Upper D1 Band, UJ is getting there slowly, UCAD broke resistance to the Upside but as i can see he stalled and can't follow through even with Building Permits m/m surprised to the upside 1 hour ago, now don't get me wrong I'm not shorting yet, the rules didn't lined up and the Long term view is bullish since the Breaking of that resistance and the Retest.

Like always we will have to wait and see.

Best,
B.R.

If you like automated trading go there, download a copy and take some money from the rich and give it to the poor.
If one day GOD make me truly a successful beyond my wild imagination trader, my dream will be to start a special Hedge Fund with the profits 100% dedicated to help Finance a Free children Cancer Treatment hospital among other charities.

I always think that why the mega rich and the know how super successful traders and investors don't use this type of income to help fight Chroniques diseases like Cancer and others, specially children cancer, i mean what do Bill gates and Warren Buffet or The Lebanese Mexican Carlos Slim will do with 50-60-70 Billion USD of wealth, can they spend these vast amount of Money in their lifetime ?, question to be answered or maybe I'm dreaming i don't know.

Here is the link, read all the site its interesting.
Zorro - Free Trading Automaton
Best,
B.R.

I thinks Zorro works with FXCM only.
I have tested with IBFX but there is no connection.
I read all the manuals and tutorials but there is no point if one cannot connect to a broker for the price feed.

P.
Here u go:
Connecting Zorro to a broker
Zorro is designed to directly work with all brokers that fulfill one of the following requirements:

1. A trading API - that's a software library with direct access to the broker's price and trading servers. By default, Zorro uses a trading API module for Forex Capital Markets LLC (FXCM). Any other broker API can be relatively easily implemented by any user with programming knowledge through a Broker Plugin DLL .
2. Metatrader4 (MT4) platform support. With the MT4 Bridge, Zorro can run as an Expert Advisor (EA) in MT4 and thus trade with any broker that supports this popular trading platform.
3. A web based trading platform, or any trading program where trades can be placed with key strokes or mouse clicks. Zorro can control other programs by sending key or mouse commands to their user interface. In this mode, Zorro retrieves the current price data through the FXCM API module from an FXCM demo account. Use the order function to send keys or pop up a message when a trade should be opened or closed.

The included FXCM API module allows direct trading with FXCM without having to install the MT4 client. FXCM is rather honest (at least for a broker) and offers free historical price data, a free API, no commissions, and no minimum monthly investments. For opening a demo account, visit http://www.fxcm.co.uk and click on Free FXCM Practice Account. When you enter a different FXCM page, be aware that there are several demo account types - you'll need a normal practice account with currencies and CFDs (if available for your country), no MT4 account. If possible, activate hedging for your account. If you live in the US, they will normally only offer you a no-hedging, no-CFD account; you have to activate NFA compliance in that case. If you have no real money account with the broker, the demo account will expire after one month, but can be renewed indefinitely by opening a new demo account. For trading with real money with FXCM, either open a mini lot account on the same website, or a micro lot account on http://www.forexmicrolot.com. Micro lot accounts are preferable - you can trade with less capital and get higher profits, as the smaller lot size allows more precise money management.
If you don't want to open an account with FXCM, open a demo account with any other broker that supports the Metatrader4 (MT4) platform. MT4 demo accounts do not expire as long as they have trade activity. How to connect Zorro to MT4 is described in the MT4 Bridge chapter. This also works for spreadbetting brokers.

If you want to read more about brokers go here.

Hope it helps.

Best,
B.R.

Thanks bassramy.

I will test this one.
Will also test Z1 to Z5.

Text book trades on the EU, UCHF and GU, i was expecting the Dead cat bounce coupled with a divergence on the RSI yesterday before the bottoming (Topping for the UCHF) of these pairs and the reversals, I've got the Dead cat bounce but no divergence, things are getting more and more interesting as we crossed the D1 Lower Band (the upper one for the UCHF) and we have today a reversal attempts, the PA is getting closer and closer to the BTS, DC upper border (Lower for the UCHF) is getting closer and closer to the PA which is getting closer and closer to their respective trendlines (Ascending and Descending).

AU and NU are getting stronger and stronger by the Day and most of my rules are lining up for a short covering and a retracement higher, but i won't bet the Farm on this Bull retracement move for the Trend is absolutely bearish on these markets and i don't see any support and a true chance for reversals until the 0.80'sh so i will be selling rallies .
EG tried to break his resistance and been rejected from the top of the range forming a Bearish pinbar, a good short trade after the confirmation.

FOMC will set the pace for the Markets tonight, more tapering hints will bring a dollar Bull market and a risk off environment which is bad for the other currencies, important to note that the US and Europe are decoupling which means the Feds are starting to tightening their Monetary Policies after the signs of the Economic growth and the ECB is doing a forward Guidance of interest Rates which means Dollar bull .

Best,
B.R.

good morning master, pls due to ur last comments on UCAD i could not stop but keep watching closely so what are ur thoughts on this pair at this moment? i took profit on USDCHF at the retest of the WR1 and was also knocked out of USDJPY with its current move at the ADR low with good pips though.
TKS sir.
Regards.

This is what u need to read to keep up with the Rest of the Financial world:

Horrible Data Confirms The Chinese Growth Slowdown — Markets Going Lower
Chinese Exports Fall 3.1%, Missing Expectations
Ugly Greek Industrial Production Data
NOMURA: Risks Are Rising That Chinese Growth Will Slow Even More, And Next Week Will Be A Big Test For The Government
Are You Guaranteed To Lose 3.5% Every Year?
The high cost of not being invested.
Credit Suisse's Latest Survey Shows That The Economic Outlook Among The Chinese Is Deteriorating
Markets Get Worse After Chinese Trade Data
STOCKS RALLY: Here's What You Need To Know
GOLDMAN: The Dollar Is Telling Us A Lot Of Companies Will Report Worse-Than Expected Revenues
10 steps to becoming a hedge fund manager

Long but important list, don't let any of these stories affect your trading just see the big picture no more and no less, the take from all of this is that china is Slowing down that means sell the Indices, AU, NU, CAD and CL and buy the Buck ( One more time ).

Best,
B.R.

J., please no master and servant on this thread we are all Students of the Markets like Jesse used to say even after 60 years of trading, for those of you who believe like me, there is only 1 master and its GOD so i have to kindly ask you to not call me like that anymore.

As for the UCAD i did a Market Analysis 2 days ago and it still stand true today just go here, the bottom line is that UCAD is stalling @ the Upper D1 Band and could not break higher ( Or UCAD Lower ) as expected even after the better than expected Building Permits m/m Numbers on Monday, the reason Behind is that both currencies have strong fundamentals @ the time being and both have demonstrated a strong numbers last and this week and have better growth than the EU, just take a look @ the EURCAD crash yesterday and today.

Best,
B.R.

UCAD Critical Moment.

We have some short goodies on the Crosses, I've been building these positions over the last 2 weeks along with some indices trades which saw a nasty drop after the FOMC Hints of Tapering, Here is the list.

Shorts:
EURNZD
EURAUD
EURCAD
GBPAUD
GBPCAD
GBPNZD

Longs:
AUDCAD Trying to recover

Best,
B.R.

I really love the last one on this quotes.
10 Steps To Becoming A Hedge Fund Manager
http://www.businessinsider.com/10-st...-funder-2013-7

This helps when coming to terms like
HFG - Hedge Fund Group
CFA - Chartered Financial Analyst
CAIA - Chartered Alternative Investment Analyst
HFA - Hedge Fund Association
ETF - Exchange-Traded Fund

One more or two :
13 Awesome Wall Street Movies To Entertain You On Your Day Off »
15 Outrageous Scenes In Martin Scorsese's 'Wolf Of Wall Street' We Can't Wait To See

PLS am so sorry for using such words i never ment to upset u, i was just only trying to express some feelings in me, yes i believe GOD is the king and the master of everything.
Good night sir, and please extend my greetings.
REGARDS.

No worries mate, hope ur not been fried by the FOMC Minutes and "helicopter Ben" comments Yesterday.

Best,
B.R.

Markets were ripe for a reversal yesterday, all our Majors were @ there Lower or Higher Bands and waiting for a catalyst to shift direction, this catalyst was " Helicopter Ben " and his comments explaining that yes we are tapering and trying to gradually stopping QE3 but these actions are not coming soon, this is a long process and it will take more time to do so, meanwhile Jobs number are not convincing and the Economy is still weak and need more stimulus, that last sentence brought back the risk on environment and risk currencies broke hard to the upside while the buck plunged like a falling knife.

However after the NY, Asian and the EU Session break yesterday and today we can see all over the board a retracement back to almost previous levels which gives us the chance to enter the reversing trend @ a much more reasonable price, for that matter i have an excellent opportunities to enter the market now after the dust is trying to settle on multiple pairs, UCAD, UCHF, EU, GU, UJ, EA.

Best,
B.R.