Key Concepts to Correct Trading Behavior - by FibStalker

With reference to the video published above...

This is my take on the EUR/USD, S&P500, Dollar Index and Gold for the coming days:

EUR/USD: better to wait the decision of the ECB on Thursday. Not a time to get involved in my opinion. If you fear that this market will continue lower without us, fear not!
This market will eventually retrace into one of the measured moves indicated in the video (1.3680 or 1.3710 - estimated at current lows - levels that I have indicated also in the weekly review) and we will let market action decide.

S&P500 e-mini futures: above that critical 1916 level. It could retrace into 1904 before continuing higher. This market is moving in extension longs and in my opinion this type of move is not sustainable in the long-term

Dollar Index futures: this contract is still trading an extension long that was identified on May 20. The first target at 80.60 was hit and now this market has to potential to be moving into the second target at 80.90/81. After that we should witness a retrace (depending also on ECB decisions)

Gold mini: Now that previous support area starting at 1,286 has given way the market has confirmed shorts with the first target level of the largest daily short (1,333 area) at 1,250 being reached. I do not anticipate a large retrace when shorts will start taking profits (this could have started already). Shorts could enter the market again at 1,261 with a stop above 1,266.50.

Have a great trading day
~FibStalker

in reference to the video review related to June 4 trading day published before, here is my take on the USD/JPY, EUR/JPY, GBP/JPY and EUR/CAD for the coming days:

USD/JPY: respecting a measure move long which brought price into the 102.44 first level and now towards the second target at 102.94. After that we should witness a retrace, potentially into the 102.50-60 area.

EUR/JPY: this market is in a confirmed lateral move (and printing a triangle formation) after 139.14 was pierced on the downside. A potential reversal higher was indicated during the weekend. We could witness price at 141 level and, potentially into the 142.10 area.

GBP/JPY: this market is also in a lateral move, confirmed on the 4-hour timeframe, with a potential retest of 168.75.

EUR/CAD: The sequence of measured moves higher on the daily timeframe failed in this market, which means that a retrace into 1.3850 is now possible. After hitting the first target of the first measured move lower this market may be retracing now into 1.5016 with a stop above 1.5085. Right at shorter term resistance now at 1.4867. Above 1.4902, the 1.5016 resistance becomes more probable.

Have a great trading day
~FibStalker

Dear all,
in reference to the video review related to June 4 trading day published before, here is my take on the GBP/USD, AUD/USD, USD/CAD and NZD/USD for the coming days:

GBP/USD: respecting a traditional move lower with resistance starting at 1.6787 and first target into 1.6648, helping into that first level where profit taking (and longs on the smaller timeframe are anticipated as per Program Trading tactics), at 1.6620.

AUD/USD: This market traded the area of resistance starting at 0.9308 (stop above 0.9333) indicated in the weekend. On the 4-hour timeframe, however, this market confirmed a lateral move. Therefore we could see this market retesting the 0.9308 level in the coming days and then continue lower.

USD/CAD: this market is in a short profit taking rally, pushed by longs in the smaller timeframes. There are two areas of potential short: 1) at 1.1016 and 2) 1.1050, with a stop above 1.1103.

NZD/USD: Congrats to those who traded the market short after the sequence of daily moves long was interrupted as of May 23. The market got into that 0.8415 area as anticipated. A first confirmation of support at this area will come if price is capable of climbing above the 0.8478 level.

Have a great trading day
~FibStalker

This weekend, June 8 2014, in my free weekly Newsletter
Hello all,
this is an anticipation of what you will read in my free weekly Newsletter I am going to send tonight Sunday, June 1, 2014:

1. FOREX & FUTURES – EUR/USD, Dollar Index, S&P500 emini and Gold futures Weekly Review
2. FOREX – GBP/USD, AUD/USD, USD/CAD & NZD/USD Weekly Review
3. FOREX – USD/JPY,EUR/JPY, GBP/JPY & EUR/CAD Weekly Review
4. EDUCATION – Upcoming New FXStreet Monthly Webinars – a Special 3-hour event on June 19, 2014. Do not lose it!
5. MARKETS ANALYSIS & TRADING POSITIONS – Last week’s Daily Updates
6. MARKET WEEKLY REVIEWS – 6 Recent issues of the “FibStalker Free Newsletter”
7. EDUCATION – Download my eBook
8. EDUCATION – Useful Links to get Started with FibStalker and material
9. UPDATES

I put a lot of effort into offering free of charge market analysis and newsletter content without mistakes. However some articles or reviews may still contain, from time to time, refuses and mistakes (this is does not happen often, and the context will often flag the wrong piece of data), thus I ask you to be patient. With time the content will be clean and cleaner.

Notice that price projections in my method are not from/to random levels and do not follow Elliot Wave, DiNapoli levels or other methods, but rather a proprietary method based on modeling effects of Program and Algorithmic Trading on price.

I like to help traders at all level of development “level plain” the trading game showing what banks, institutions and big hedge funds are actually doing (and not what they are saying they are doing). Follow my work to learn how to spot the Algorithmic Trading footprints.

I send a free Newsletter in the weekend and provide updates throughout the week. The newsletter typically includes 3 video reviews for (1) EUR/USD, Dollar Index, S&P500 emini and Gold emini; (2) the Japanese Yen majors, i.e. USD/JPY, EUR/JPY and GBP/JPY; (3) the other majors: GBP/USD, AUD/USD, USD/CAD.
Please, register here to receive the free weekly newsletter.

If you like this article, please share it with your friends and fellow traders.

Sharing is caring…

http://elitefive.files.wordpress.com...03&h=162&h=162

Have a great trading week
http://elitefive.files.wordpress.com...lker.png?w=500 Giuseppe, ~the FibStalker

PS: I may publish one of the 3 videos in this thread at ForexFactory. See you later.

Dear all,
do not miss the upcoming Monthly Webinar at FXStreet.com.
Details below...

Upcoming FXStreet.com Monthly Webinar(s)

On Thursday June 19, I will be offering a special Monthly Webinar on FXstreet. This is going to be a 3-hour event in two separate parts.
Please register here you can watch it here.

Part I - Webinar titled: "Thinking and Trading Like Modern Algos"
Summary: In the first part of our Monthly Webinar, we will look at how forex market price moves and compare to how the average trader thinks the market moves. We will then turn focus on Program Trading, a major class of algos that strongly influences modern markets, and how we can model it. Finally we investigate the stages of a trader, what is trading all about and choosing consistency and risk acceptance.

Part II - Webinar titled: "How 'secretive' Program Trading incorporates Market Psychology" (premium event)
Summary: In the second part of the Monthly Webinar, we review a simple, but very effective setup CME floor traders brought into computer-based trading in the late 80s. Then we will focus on the "invisible" Program Trading, that silently adapted to mimic market psychology and I will show jaw dropping long-term charts that show how the rules used by Program Trading could be applied in the last 110 years. Those same rules can put you in the elite 5% of regularly consistent winners.
Please register here you can watch it here.

Hope to see you there.
Happy Trading week

Giuseppe Basile, ~FibStalker

All Markets Daily Update, Analysis, Setups and Forecast, June 10 2014

Hello Traders,

Tonight’s video features the 12 markets I follow (I have recently added ,and will keep EUR/CAD).

First of all, let me congratulate those who watched yesterday’s Weekly Newsletter video reviews. Your rock! And even more if you took advantage of the few opportunities that triggered today! Congratulations, most of those setups offered already a free risk trade!

The market analyzed in the below videos are EUR/USD, S&P500, Dollar Index, Gold, USD/JPY, EUR/JPY, GBP/JPY, EUR/CAD, GBP/USD, AUD/USD, USD/CAD & NZD/USD. This video analysis is related to tomorrow, Tuesday June 10 2014 trading day.

Before you continue, I want to remind you of the 3-hour Monthly Webinar event I am going to offer on Thursday June 19 at FXStreet.com. It is in 2 parts and you can check the details of the June Monthly Webinar and register here. Don’t miss it, it has the potential to trade your trade for good!

I hope this is useful to your trading journey and learning process, and that you enjoy it. Please drop me an email at [email protected], if you have any questions.

I also want to thank all traders and students who are following my analysis and trading. Your feedback is very appreciated and you are awesome!

Thanks for your positive feedback and emails. Also, when you send me a chart, make sure you mention market, timeframe and days/time. Thank you!

(video is below, if it is not yet ready, please allow for it to be uploaded – my connection is slow today!!!! :-( )

If you like this follow-up analysis, do not forget to subscribe the free Newsletter to receive the weekly review on Sundays!

I wish you a great continuation of your trading week.

Notice that price projections in my method are not from/to random levels and do not follow Elliot Wave, DiNapoli levels or other methods, but rather a proprietary method based on modeling effects of Program and Algorithmic Trading on price.

I like to help traders “level plain” the trading game showing what banks, institutions and big hedge funds are actually doing (and not what they are saying they are doing). Follow my work to learn how to spot the Algorithmic Trading footprints.

I send a free Newsletter in the weekend and provide updates throughout the week. The newsletter typically includes 3 video reviews for (1) EUR/USD, Dollar Index, S&P500 emini and Gold emini; (2) the Japanese Yen majors, i.e. USD/JPY, EUR/JPY and GBP/JPY; (3) the other majors: GBP/USD, AUD/USD, USD/CAD. Please, register here to receive the free weekly newsletter.

If you like this article, please share it with your friends and fellow traders. Thank you (use the buttons below the article).

Sharing is caring…

http://elitefive.files.wordpress.com...03&h=162&h=162

Should you decide to operate based on this information you are invited to do your own due diligence, consult a registered trading professional, as well as, understand the risks involved. This information is for educational purpose only. Please read the Disclaimer and accept all involved risks.

Thank you.

Have a great day
Regards,,,
http://elitefive.files.wordpress.com...lker.png?w=500 Giuseppe, ~the FibStalker

Forex Markets on the move, June 10 2014

Dear traders,

Following up on the June 10, 2014 Daily Update on the 12 markets I follow, published before (by the way, the video is not up on YouTube and is available), here is what is happening in some of the Forex Majors:

EUR/USD: beautifully respected the 1.3668 short and, below 1.3568 it has the potential to move swiftly to 1.3424 and then 1.33 area

USD/JPY: respecting shorts at 102.73 and potentially into the 101 area. Below 101.56 the first target is 100.70 area

EUR/JPY: also respected the shorts at 140.16 after “busted longs” and now heading into the 137 area

EUR/CAD: also saw brisk selling, as anticipated in the weekend review, and now headed towards the 1.4617

GBP/USD: did not move much bust still respecting resistance at 1.6845. This could push price lower into the 1.6630 first target area.

AUD/USD: still in longs on the 15min timeframe. New shorts, if they materialize, will only be confirmed below 0.9317.

USD/CAD: confirmed shorts last Friday, below the 1.0961 stop level and short area that held. Next target at 1.0760.

NZD/USD: 4-hour and daily timeframes confirmed longs on top 0.8415. The 15 min is currently testing the 0.8480 longs. A pierce of the 0.8512 on the upside would confirm new longs at these levels.

Notice that price projections in my method are not from/to random levels and do not follow Elliot Wave, DiNapoli levels or other methods, but rather a proprietary method based on modeling effects of Program and Algorithmic Trading on price.

I like to help traders “level plain” the trading game showing what banks, institutions and big hedge funds are actually doing (and not what they are saying they are doing). Follow my work to learn how to spot the Algorithmic Trading footprints.

Do not forget the 3-hour Monthly Webinar event I am going to offer on Thursday June 19 at FXStreet.com. It is in 2 parts and you can check the details of the June Monthly Webinar and register here. Don’t miss it, as I am going to share very good and useful information that can help in your trading.

I send a free Newsletter in the weekend and provide updates throughout the week. The newsletter typically includes 3 video reviews for (1) EUR/USD, Dollar Index, S&P500 emini and Gold emini; (2) the Japanese Yen majors, i.e. USD/JPY, EUR/JPY and GBP/JPY; (3) the other majors: GBP/USD, AUD/USD, USD/CAD.

Please, register here to receive the free weekly newsletter.

If you like this article, please share it with your friends and fellow traders.

Sharing is caring…

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Have a continued, great trading week
http://elitefive.files.wordpress.com...lker.png?w=500 Giuseppe, ~the FibStalker

Dear traders,
hope your trading day is going well. This is a brief analysis of the EUR/USD pair that, as mentioned in the market review provided on Monday, has respected (and confirmed so far as resistance) the area starting at 1.3668.

The Euro is currently trading the 1.3552 next 4-hour setup short in the sequence and, so long as it stays below the failure level 1.3561 (stop-loss for current short) it has the potential to move into the 1.3424 area.

The chart below shows the current view on the 4-hour chart:
http://elitefive.files.wordpress.com...ng?w=500&h=398
“EUR/USD trading next 4-hour extension short”, June 11 2014

Above the 1.3561 level, the Euro has the potential to move again back to the 1.3668 area of resistance, before starting moving lower again.

Hint: 1.3561 is a profit taking for shor-term trades short started at 1.3668
Notice that price projections in my method are not from/to random levels and do not follow Elliot Wave, DiNapoli levels or other methods, but rather a proprietary method based on modeling effects of Program and Algorithmic Trading on price.

I like to help traders “level plain” the trading game showing what banks, institutions and big hedge funds are actually doing (and not what they are saying they are doing). Follow my work to learn how to spot the Algorithmic Trading footprints.

Do not forget the 3-hour Monthly Webinar event I am going to offer on Thursday June 19 at FXStreet.com. It is in 2 parts and you can check the details of the June Monthly Webinar and register here. Don’t miss it, as I am going to share very good and useful information that can help in your trading.

I send a free Newsletter in the weekend and provide updates throughout the week. The newsletter typically includes 3 video reviews for (1) EUR/USD, Dollar Index, S&P500 emini and Gold emini; (2) the Japanese Yen majors, i.e. USD/JPY, EUR/JPY and GBP/JPY; (3) the other majors: GBP/USD, AUD/USD, USD/CAD.

Please, register here to receive the free weekly newsletter.

If you like this article, please share it with your friends and fellow traders.

Sharing is caring…

http://elitefive.files.wordpress.com...03&h=162&h=162

Have a continued, great trading week
http://elitefive.files.wordpress.com...lker.png?w=500 Giuseppe, ~the FibStalker

All Markets Daily Update, Analysis, Setups and Forecast, June 12 2014

Hello Traders,

Tonight’s video features the 12 markets I follow (I have recently added ,and will keep EUR/CAD).

First of all, let me congratulate those who watched (and acted) Weekly Newsletter video reviews and Monday’s Daily Update. You can see how this analysis works well and give good setups with 15min price confirmation, well in advance!

The market analyzed in the below videos are EUR/USD, S&P500, Dollar Index, Gold, USD/JPY, EUR/JPY, GBP/JPY, EUR/CAD, GBP/USD, AUD/USD, USD/CAD & NZD/USD. This video analysis is related to tomorrow, Thursday June 12 2014 trading day.

Before you continue, I want to remind you of the 3-hour Monthly Webinar event I am going to offer on Thursday June 19 at FXStreet.com. It is in 2 parts and you can check the details of the June Monthly Webinar and register here. Don’t miss it, it has the potential to trade your trade for good!

I hope this is useful to your trading journey and learning process, and that you enjoy it. Please drop me an email at [email protected], if you have any questions.

I also want to thank all traders and students who are following my analysis and trading. Your feedback is very appreciated and you are awesome!

Thanks for your positive feedback and emails. Also, when you send me a chart, make sure you mention market, timeframe and days/time. Thank you!

(video is below, if it is not yet ready, please allow for it to be uploaded – my connection is slow today!!!! :-( )

If you like this follow-up analysis, do not forget to subscribe the free Newsletter to receive the weekly review on Sundays!

I wish you a great continuation of your trading week.

Notice that price projections in my method are not from/to random levels and do not follow Elliot Wave, DiNapoli levels or other methods, but rather a proprietary method based on modeling effects of Program and Algorithmic Trading on price.

I help traders “level plain” the trading game showing what banks, institutions and big hedge funds are actually doing (and not what they are saying they are doing). Follow my work to learn how to spot the Algorithmic Trading footprints.

I send a free Newsletter in the weekend and provide updates throughout the week. The newsletter typically includes 3 video reviews for (1) EUR/USD, Dollar Index, S&P500 emini and Gold emini; (2) the Japanese Yen majors, i.e. USD/JPY, EUR/JPY and GBP/JPY; (3) the other majors: GBP/USD, AUD/USD, USD/CAD. Please, register here to receive the free weekly newsletter.

If you like this article, please share it with your friends and fellow traders. Thank you (use the buttons below the article).

Sharing is caring…

http://elitefive.files.wordpress.com...03&h=162&h=162

Should you decide to operate based on this information you are invited to do your own due diligence, consult a registered trading professional, as well as, understand the risks involved. This information is for educational purpose only. Please read the Disclaimer and accept all involved risks.

Thank you.
Have a great day
Regards,,,
http://elitefive.files.wordpress.com...lker.png?w=500 Giuseppe, ~the FibStalker

Dear all,
good morning, afternoon and night!.

If you trade full time, part-time, during the day or during the night, the Euro or the Asian session, or plan to start trading, then you do not want to miss what I have to tell you in this post.

... yes, what if what I have to tell you made a difference in your trading (and life)? Because it surely made a difference to other traders, already.
What am I talking about?

In the last two weeks I had several followers asking for help, advice and guidance, which add to the larger number of those I have helped in the last 2 years. Subscribers to my Weekly Newsletter are also asking for information about my mentoring, which I am planning to start somewhen in July (I will inform you so, please keep reading the newsletter I send every weekend)

I know that at least in a few cases I was able to make a difference. I saved a starting trader from being wiped out and get a full margin call (due to wrong positioning in EUR/USD) and made a difference in a number of other cases, with people who start "getting it" and understand that trading along with Program Trading means being the vast majority of time on the right side of the market.

But the way I was able to make a difference for other people and for myself, in the first place when I finally "got it", was through education and mentoring. That was the key to my success in analysis and trading, not the endless weeks and nightly hours spent analyzing market prices and trying to "explain" price action through my own effort or with the help of Internet posts and forums (yes they help, but till to a certain extent and level).

For this reason I wrote this post to invite you to join my...

Upcoming FXStreet.com Monthly Webinar on June 19, 13GMT
This is going to be a packed 3-hour event with in 2 separate parts:

Part I - Webinar titled: "Thinking and Trading Like Modern Algos" (free event)
Summary: In the first part of our Monthly Webinar, we will look at how forex market price moves and compare to how the average trader thinks the market moves. We will then turn focus on Program Trading, a major class of algos that strongly influences modern markets, and how we can model it. Finally we investigate the stages of a trader, what is trading all about and choosing consistency and risk acceptance.

Part II - Webinar titled: "How 'secretive' Program Trading incorporates Market Psychology" (premium event)
Summary: In the second part of the Monthly Webinar, we review a simple, but very effective setup CME floor traders brought into computer-based trading in the late 80s. Then we will focus on the "invisible" Program Trading, that silently adapted to mimic market psychology and I will show jaw dropping long-term charts that show how the rules used by Program Trading could be applied in the last 110 years. Those same rules can put you in the elite 5% of regularly consistent winners.
Please register here you can watch it here.

Register here for the June Monthly Webinars.

I sincerely feel that the content in these webinars will make an impact on your trading results. I hope you can make it there, please reserve some time in your calendar if you can attend.
I look forward to interact with you and answer all the questions you may have.

Thank you for following my work.
See you next Thursday.

Kind Regards,,,
Happy Trading!
~FibStalker

NZD/USD pointing to new highs, June 12 2014

Dear traders,
you know I have been bullish about the NZD/USD all the way since mid of April. Here are my previous posts about NZD/USD which you can checkout:

1. NZD/USD about to test the next daily long setup, May 13th 2014
2. NZD/USD is not going down, it is going up, May 7th 2014
3. NZD/USD started a potential correction lower into 0.8400 area, April 18th 2014

I have indicated very clearly almost 2 months ago where the NZD/USD could move to. How is that possible?
Of course because I study the effects on the market of Program Trading, a class of Algos trading that is very active on the market and moves price on the largest forex pairs and instruments.

On June 4, I wrote in relation to NZD/USD: “Congrats to those who traded the market short after the sequence of daily moves long was interrupted as of May 23. The market got into that 0.8415 area as anticipated. A first confirmation of support at this area will come if price is capable of climbing above the 0.8478 level.”

That 0.8478 entry long level, with a stop below lows, was a great entry.

Look at the picture below of what the market did since then, and look at where we are headed:
http://elitefive.files.wordpress.com...ng?w=500&h=293
“NZD/USD responding to next measured move and strongly moving higher“, June 6 2014

As you can see the first target of this new move is 0.8950, and that target has been confirmed already.
Now look at what I mentioned on my April 18th post on NZD/USD, you can reference the chart below that was in included in that post:
http://elitefive.files.wordpress.com...ng?w=500&h=310
“NZD/USD hit a target at 0.8740 known two months in advance” – April 18th 2014
“Once and if the market will get in area E (see weekly chart above), I will be using again the FibStalking technique to test this area. If this area tests successfully the entry will have a stop below the E area at 0.8318, as mentioned already.
In that case I will also start looking at my next (Program Trading) target at 0.8908 (area F). Here is where I anticipate Program Trading and professional traders are going to push price to take profits. The reason why I believe , after this correction, a continuation higher is more probable than a continuation lower is that if we look at the weekly timeframe we can see that there is another larger area of support at the 0.77 area (this is area A).”

So I hope you realize the power of looking at the markets putting on the Program Trading “goggles”.
If you want to learn more about this method, join my…

Upcoming FXStreet.com Monthly Webinar on June 19, 13GMT

This is going to be a packed 3-hour event with in 2 separate parts:

Part I – Webinar titled: “Thinking and Trading Like Modern Algos” (free event)
Summary: In the first part of our Monthly Webinar, we will look at how forex market price moves and compare to how the average trader thinks the market moves. We will then turn focus on Program Trading, a major class of algos that strongly influences modern markets, and how we can model it. Finally we investigate the stages of a trader, what is trading all about and choosing consistency and risk acceptance.

Part II – Webinar titled: “How ‘secretive’ Program Trading incorporates Market Psychology” (premium event)
Summary: In the second part of the Monthly Webinar, we review a simple, but very effective setup CME floor traders brought into computer-based trading in the late 80s. Then we will focus on the “invisible” Program Trading, that silently adapted to mimic market psychology and I will show jaw dropping long-term charts that show how the rules used by Program Trading could be applied in the last 110 years. Those same rules can put you in the elite 5% of regularly consistent winners.
Please register here you can watch it here.

Register here for the June Monthly Webinars.

I sincerely feel that the content in these webinars will make an impact on your trading results. I hope you can make it there, please reserve some time in your calendar if you can attend.

I look forward to interact with you and answer all the questions you may have.

Thank you for following my work.
See you next Thursday.
Kind Regards,,,
Happy Trading!
~FibStalker

Hi Delta,
hope things are good and you did not short NZD/USD.

I do not want to pick on you, but I hope you understand what I meant in my post in response to this one of yours.

I kept analyzing the market as I always do and here is the story:
http://www.forexfactory.com/showthre...09#post7532409

Have a great day.
Regards,,,
G.

This weekend, June 15 2014, in my free weekly Newsletter

Hello all,
this is an anticipation of what you will read in my free weekly Newsletter I am going to send tonight Sunday, June 15, 2014:

1. EDUCATION – Upcoming New FXStreet Monthly Webinars – a Special 3-hour event on June 19, 2014. Do not miss it!
2. FOREX & FUTURES – EUR/USD, Dollar Index, S&P500 emini and Gold futures Weekly Review
3. FOREX – GBP/USD, AUD/USD, USD/CAD & NZD/USD Weekly Review
4. FOREX – USD/JPY,EUR/JPY, GBP/JPY & EUR/CAD Weekly Review
5. MARKETS ANALYSIS & TRADING POSITIONS – Last week’s Daily Updates
6. MARKET WEEKLY REVIEWS – 6 Recent issues of the “FibStalker Free Newsletter”
7. EDUCATION – Download my eBook
8. EDUCATION – Useful Links to get Started with FibStalker and material
9. UPDATES

I put a lot of effort into offering free of charge market analysis and newsletter content without mistakes. However some articles or reviews may still contain, from time to time, refuses and mistakes (this is does not happen often, and the context will often flag the wrong piece of data), thus I ask you to be patient. With time the content will be clean and cleaner.

Notice that price projections in my method are not from/to random levels and do not follow Elliot Wave, DiNapoli levels or other methods, but rather a proprietary method based on modeling effects of Program and Algorithmic Trading on price.

I like to help traders at all level of development “level plain” the trading game showing what banks, institutions and big hedge funds are actually doing (and not what they are saying they are doing). Follow my work to learn how to spot the Algorithmic Trading footprints.

I send a free Newsletter in the weekend and provide updates throughout the week. The newsletter typically includes 3 video reviews for (1) EUR/USD, Dollar Index, S&P500 emini and Gold emini; (2) the Japanese Yen majors, i.e. USD/JPY, EUR/JPY and GBP/JPY; (3) the other majors: GBP/USD, AUD/USD, USD/CAD. Please, register here to receive the free weekly newsletter.

If you like this article, please share it with your friends and fellow traders.

Sharing is caring…

http://elitefive.files.wordpress.com...03&h=162&h=162

Have a great trading week
http://elitefive.files.wordpress.com...lker.png?w=500 Giuseppe, ~the FibStalker

Invite from FXStreet.com, June 17 2014

https://ci3.googleusercontent.com/pr...newsletter.gif
Monthly Webinar this Thursday

Dear trader,

We’ve brought in Analyst Giuseppe Basile, CMT, for an exclusive almost 3 hours webinar! This is a two part series and that will be on Thursday, June 19th.
In “Thinking and trading like modern algos” and “How “secretive” program trading incorporates market psychology”, Giuseppe Basile will show us a major class of algos that strongly influences modern market and the “invisible” Program Trading.

The webinar is made of two parts: the first part is open to all users for free and the second part is for Premium users only.

PART 1: Thinking and trading like modern algos – FREE – 13:00 GMT / 9:00 am EDT
In the first part of our Monthly webinar, we will look at how forex market price moves and compare to how the average trader thinks the market moves. We will then turn focus on Program Trading, a major class of algos that strongly influences modern markets, and how we can model it. Finally we investigate the stages of a trader, what is trading all about and choosing consistency and risk acceptance.
https://ci5.googleusercontent.com/pr...is-webinar.png

PART 2: How “secretive” program trading incorporates market psychology – Premium – 15:00 GMT / 11:00 am EDT
In the second part of the Monthly Webinar, we review a simple, but very effective setup CME floor traders brought into computer-based trading in the late 80s. Then we will focus on the “invisible” Program Trading, that silently adapted to mimic market psychology and I will show jaws dropping long-term charts that show how the rules used by Program Trading could be applied in the last 110 years. Those same rules can put you in the elite 5% of regularly consistent winners.
https://ci5.googleusercontent.com/pr...is-webinar.png

Not a Premium member? More information

WHO IS GIUSEPPE BASILE?
https://ci5.googleusercontent.com/pr...otoMedium.jpeg
Giuseppe is a Certified Market Technician and swing trader, IFTA and SIAT associate. Holds a B.Sc. in Computer Engineering and a MA in Finance. In the markets since 2001, became trader and mentor in 2007. Studied with several traders in UK, Europe and US, adding over 7,000 hours of screen time between 2009 and 2013 alone. In 2012 launched FibStalker, a blog specializing in forex, futures and stocks trading, where he also runs a free newsletter and publishes daily videos with actual setups and complete trading plans.

Giuseppe’s unique method attempts to spotting footprints of Program Trading, a powerful class of algos that governs the markets. Giuseppe is a rigorous researcher with several published papers about money management, automated trading, HFT and innovative timing and trading methods.
Watch Giuseppe’s previous webinars

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Hello Traders,
long time, no see...! :-)
But I am still here, just have been busy with a few things I am setting up and with Webinars at FXStreet.

I will have another one this Wednesday July 2, and I hope to see you there.

This weekend, June 29 2014, in my free weekly Newsletter

Hello all,
this is an anticipation of what you will read in my free weekly Newsletter I am going to send tonight Sunday, June 29, 2014:

1. FOREX & FUTURES – EUR/USD, Dollar Index, S&P500 emini and Gold futures Weekly Review
2. FOREX – GBP/USD, AUD/USD, USD/CAD & NZD/USD Weekly Review
3. FOREX – USD/JPY,EUR/JPY, GBP/JPY & EUR/CAD Weekly Review
4. EDUCATION – Upcoming New FXStreet Webinars – on Wednesday July 2, 2014. Do not miss it!
5. MARKET WEEKLY REVIEWS – 6 Recent issues of the “FibStalker Free Newsletter”
6. EDUCATION – Download my eBook
7. EDUCATION – Useful Links to get Started with FibStalker and material
8. UPDATES

I put a lot of effort into offering free of charge market analysis and newsletter content without mistakes. However some articles or reviews may still contain, from time to time, refuses and mistakes (this is does not happen often, and the context will often flag the wrong piece of data), thus I ask you to be patient.


Notice that price projections in my method are not from/to random levels and do not follow Elliot Wave, DiNapoli levels or other methods, but rather a proprietary method based on modeling effects of Program and Algorithmic Trading on price.

I like to help traders at all level of development “level plain” the trading game showing what banks, institutions and big hedge funds are actually doing (and not what they are saying they are doing). In my own trading I attempt to spot the Algorithmic Trading footprints, which offer a very good trading edge.

I send a free Newsletter in the weekend and provide updates throughout the week. The newsletter typically includes 3 video reviews for (1) EUR/USD, Dollar Index, S&P500 emini and Gold emini; (2) the Japanese Yen majors, i.e. USD/JPY, EUR/JPY and GBP/JPY; (3) the other majors: GBP/USD, AUD/USD, USD/CAD.

If you are interested please, register here to receive the free weekly newsletter.


Note: even if you did not make and you subscribed after I sent the email out, do not worry! When you subscribe you get the links to the last 6 newsletter issues.
http://elitefive.files.wordpress.com...03&h=162&h=162
Have a great trading week
http://elitefive.files.wordpress.com...lker.png?w=500 Giuseppe, ~the FibStalker

Dear all,
I wanted to take the chance to thank you for expressing interest in the Monthly Webinar offered last Thursday, June 19th on FXStreet.com

In “Thinking and trading like modern Algos” and “How "secretive" program trading incorporates market psychology”, I have shown a major class of Algorithms that strongly influences modern market, the "invisible" Program Trading.

In my research and practical trading I study the effects on price of classes of Algorithms in high volume markets. If you are interested in the very innovative, effective, resulting trading edge you can check my work at www.fibstalker.com.

Below is the link to the recording of PART 1 of the Monthly Webinar in case you did not have the chance to tune in and watch it live.

PART 1: Thinking and trading like modern Algos
In the first part of the Monthly Webinar, I looked at how forex markets' price moves and compared that to how the average trader thinks the market moves. I then turned my focus on Program Trading, a major class of algos that strongly influences modern markets, and how we can model it.

Link to the Webinar Recording.

WHO IS GIUSEPPE BASILE?
Giuseppe is a Certified Market Technician and swing trader, IFTA and SIAT associate. Holds a B.Sc. in Computer Engineering and a MA in Finance. In the markets since 2001, became trader and mentor in 2007. Studied with several traders in UK, Europe and US, adding over 7,000 hours of screen time between 2009 and 2013 alone. In 2012 launched FibStalker, a blog specializing in forex, futures and stocks trading, where he also runs a free newsletter and publishes daily videos with actual setups and complete trading plans.

Giuseppe’s unique method attempts to spotting footprints of Program Trading, a powerful class of algos that governs the markets. Giuseppe is a rigorous researcher with several published papers about money management, automated trading, HFT and innovative timing and trading methods.

Watch Giuseppe's previous webinars

What is the Bandwagon Theory? , June 30, 2014

And, most importantly, what are you missing in your trading if you are not aware of it?

Hey Trader,

the first time I have read about the Bandwagon Theory I dismissed it as not that important.

What a big mistake I did!

It took some years, when I finally started getting interested in algorithmic trading, before I stumbled into it again and, boom…. it all made sense.

Now I recommend new and experienced traders to make sure they understand it… and very well.

As the Bandwagon Theory is an allegory of how the markets work – and a powerful one, too – it is not too easy to grasp its practical importance and how we use it in our trading. Also it is not easy to see how we can relate it to our trading method.

For this reason I decided to illustrate the Bandwagon Theory on some forex pairs, so to provide traders with a much clearer and actionable explanation.

I will be offering a free Webinar at FXStreet.com on Wednesday July 2, 12:00 GMT.

Find the details hereunder:

Title: The Bandwagon Theory Illustrated in Modern Markets
Summary: “I will discuss a powerful allegory for markets behavior, worth alone months, if not years, of trading exposure (not an overstatement). It can save a lot of time, money and mental pain. I will illustrate the Theory on the EUR/USD and the recent daily chart of NZD/USD, explain how it applies to my trading and how it relates to Algos trading in Modern Markets.”

To register for the free Webinar you can click here.

In the mean time you can also read more about the Bandwagon Theory in:

1. This article on the Bandwagon Theory I wrote in September 2012
2. The related section in my eBook “Key Concept” you can download here.

Hope you enjoy the information and it is useful to you.


Happy trading!

Giuseppe Basile, ~the FibStalker

Weekly Review and levels for GBP/USD, AUD/USD, USD/CAD, NZD/USD and EUR/CHF, June 30 2014

Dear traders,

Following up on the free Newsletter I sent to my subscribers yesterday, like I do every Sunday, I am sharing one of the three weekly video review that can help in preparing for the week and looking at the opportunities in some of the markets.

In the video below I cover the review and the opportunity for the week in the following markets: GBP/USD, AUD/USD, USD/CAD, NZD/USD and EUR/CHF:



Notice that price projections in my method are not from/to random levels and do not follow Elliot Wave, DiNapoli levels or other methods, but a proprietary method based on modeling effects of Program and Algorithmic Trading on price.

I like to help traders “level plain” the trading game showing what banks, institutions and big hedge funds are actually doing (and not what they are saying they are doing). Follow my work to learn how to spot the Algorithmic Trading footprints.

I send a free Newsletter in the weekend and provide updates throughout the week. The newsletter typically includes 3 video reviews for (1) EUR/USD, Dollar Index, S&P500 emini and Gold emini; (2) the Japanese Yen majors, i.e. USD/JPY, EUR/JPY and GBP/JPY; (3) the other majors: GBP/USD, AUD/USD, USD/CAD.

Please, register here to receive the free weekly newsletter.

http://elitefive.files.wordpress.com...03&h=162&h=162
Have a great trading day

http://elitefive.files.wordpress.com...lker.png?w=500 Giuseppe, ~the FibStalker

“Bandwagon Theory Illustrated in Modern markets”, Webinar recording, July 3, 2014

The Bandwagon Theory Illustrated in Modern Markets

Hey reader, FibStalker here… :-)

Do you want to get a fresh perspective on the markets and get to think of new ways to model market price in effective ways?

Do you want to look at an approach that helps you ‘doing things differently’ in the markets and outperform the 95% of traders who consistently lose money?

Keep reading….

When I started trading in 2001 I learned to interpret market action using traditional technical analysis. That is what I had available at the time… tens of books on how you can use indicators to model a trading plan (e.g. entry, stop, exits and size, at the very least)

That is, using methods that model the market using functions of price…. the common indicators.

But do professional traders and algorithmic trading (by the way, nowadays Algos control up to 80% of volume in some markets) model market action as a function of price?

No, they don’t.

The reality may surprise you, but “professional do not trade price, they trade people’s psychology” (cit. Van Tharp, one of my mentors).
What does that mean?

Their methods are not a function of price, like in technical indicators, but a function of market psychology.

Yeah, yeah, but what is market psychology?

Think of it as the aggregate response of average traders, taken as a group, to market price development…

So, do you want to know how market psychology shows up on charts and – most importantly – how you can take advantage of that?

If that interests you and you want to start doing something differently in your trading and get into the elite 5% of successful traders, don’t miss the recording of today’s Webinar I have offered at FXStreet.com.

All the information and the link to the recording are below:

Summary: “I will discuss a powerful allegory for markets behavior, worth alone months, if not years, of trading exposure (not an overstatement). It can save a lot of time, money and mental pain. I will illustrate the Theory on the EUR/USD and other current charts, explain how it applies to my tradingand how it relates to Algos trading in Modern Markets.” (click on the below image to watch)

https://gallery.mailchimp.com/240c78...93a648856a.png
Link to the Webinar Recording.
As there was not time for the closing and the takeaways, I have also recorded a brief video in which I have commented for my subscribers on the important points to take home.
https://gallery.mailchimp.com/240c78...09e9ae8d60.png
Let me know what you think about it. Reply to this email and send me your comments.
In my research and practical trading I study the effects on price of classes of algorithms in high volume markets. If you are interested in the very innovative, effective, resulting trading edge check my work at www.fibstalker.com.

WHO IS GIUSEPPE BASILE?
https://ci5.googleusercontent.com/pr...otoMedium.jpeg
Giuseppe is a Certified Market Technician and swing trader, IFTA and SIAT associate. Holds a B.Sc. in Computer Engineering and a MA in Finance. In the markets since 2001, became trader and mentor in 2007. Studied with several traders in UK, Europe and US, adding over 7,000 hours of screen time between 2009 and 2013 alone. In 2012 launched FibStalker, a blog specializing in forex, futures and stocks trading, where he also runs a free newsletter and publishes daily videos with actual setups and complete trading plans.

Giuseppe’s unique method attempts to spotting footprints of Program Trading, a powerful class of algos that governs the markets. Giuseppe is a rigorous researcher with several published papers about money management, automated trading, HFT and innovative timing and trading methods.

Watch Giuseppe’s previous webinars

Have a great trading day tomorrow
See you soon.

PS. I hope you enjoy the webinar. Let me know what you think. Shoot an email to: fibstalker at gmail.com