Key Concepts to Correct Trading Behavior - by FibStalker

All Markets Mid-week Video Analysis, Review and Forecast, August 13, 2014

Hello traders,

two years ago, in 2012 I started sending mid-week updates to my Newsletter subscribers in order to provide additional information and as a way to show my gratitude and thanking my followers for their support and continued interest in my work.

I have recently resumed that good habit and here is my Mid-Week review for today Wednesdays August 13, 2014. In this post I am providing an updated analysis for all the 12 markets I follow currently, plus a guest pick AUD/NZD (requested by a follower): EUR/USD, S&P500 e-mini futures, Dollar Index futures, Gold mini futures, USD/JPY, EUR/JPYU, GBP/JPY, EUR/CAD, GBP/USD, AUD/USD, USD/CAD and NZD/USD.

Mid-Week updates integrate my weekly newsletter I only send to subscribers. Mid-Week updates come in the format of a 20 minutes (or so) video analysis of the current setups. In these videos I anticipate where algo trading pushing is price into for several forex pairs and some futures markets I follow.

Find yesterday's video below:


Note 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 https://elitefive.wordpress.com/wp-a...new.phpupdates throughout the week. The newsletter typically includes 3 video reviews for (1) EUR/USD, S&P500 emini, Dollar Index and Gold emini; (2) the Japanese Yen majors, i.e. USD/JPY, EUR/JPY, GBP/JPY & EUR/CAD; (3) the other majors: GBP/USD, AUD/USD, USD/CAD & NZD/USD. Please, register here to receive the free weekly newsletter.

Note: if you find this analysis interesting, please share it on social media!
http://elitefive.files.wordpress.com...03&h=162&h=162
To your success!

Giuseppe Basile, CMT, B.Sc. Eng., MA.Fin,
SIAT/IFTA associate, Researcher and Trading Mentor
FXStreet.com Contributor and Toronto Forex Meetup leader
http://elitefive.files.wordpress.com...ture.png?w=500
Giuseppe Basile, ~FibStalker

Hello Friends,
This what you are going to read in my free weekly Newsletter tonight Sunday August 17, 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. WEBINAR: recording of this week's Webinar on FXStreet.com on "Advanced Risk Management for Success in Modern Markets"
5. ARTICLES: "Starting trading with the right footstep"
6. MARKET WEEKLY REVIEWS - 6 Recent issues of the "FibStalker Newsletter
7. EDUCATION - Download my eBook
8. EDUCATION - Useful Links to get Started with FibStalker and material

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 & NZD/USD.

Please, register here to receive the free weekly newsletter.

Note: if you have not made it and could not subscribe in time, worry do not! :-) When you subscribe you get the links to the last 6 newsletter issues, including tonight's issue.
So, do not wait and subscribe without hesitation, by clicking on the image below!
http://elitefive.files.wordpress.com...03&h=162&h=162
Have a great evening and do not miss my Newsletter issue :-)

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

Hello Traders,

In this brief post I share today's Weekly review for the EUR/USD, S&P500, Dollar Index & Gold e-mini. I usually reserve these videos to my Newsletter subscribers, but every now and then I like to share my weekly market review with non-subscribers, as it is very well received and appreciated by my followers and by the Forex community.

So I am releasing the videos on the Blog so that subscribers and non-subscribers alike can have access to them.

Please watch the below video valid for the week starting on Monday August 18, 2014:



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.

With my trading methods and research I helps "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 me to learn how to spot the Algorithmic Trading footprints, and conquer unique, evergreen trading skills that will serve you well for the years to come.

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.

Let me know what you think. Just leave a comment below with your view on these markets.
If you want to receive this information you can subscribe my free newsletter.

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.

Have a great evening.

Giuseppe, the FibStalker

Hello Traders,

I am starting a mini-series of 5 articles that I will complete this week. Every day I will publish a small article. The focus is going to be on the "Pillars of Trading in Modern Markets".

http://elitefive.files.wordpress.com...softrading.jpg

What is that?

Do you know the pillars of successful Forex and markets trading and how do you reach your trading objectives?
If you do not, you don't remember or think you know, keep reading...

I have recently hired a couple of collaborators in my company, FibStalker Trading, to help with the numerous activity necessary to organize and maintain good quality educational material, as well as keep working on quality and communication and new services and products.

In September I plan to launch a new website and a few coaching programs.

My followers know how constantly and consistently I work hard to give away something new and valuable to them for their trading. Whether it is an article or a free Webinar, a piece of research or unique knowledge and information that cannot be found elsewhere, I strive to educate my followers!

I am now extending this good practice to my collaborators, too. These are professionals who typically do not have any practical exposure to trading: an ideal situation. In fact this is the best possible mindset and environment to "grow" the right set of beliefs that can make a person successful in trading. I will talk about this important aspect later on in this article.

I therefore agreed to teach them successful Forex trading. My followers know that my approach is very practical, to the point and oriented towards effective and tangible trading results.

In my introduction to trading I have talked to my two new students about the three pillars of successful Forex trading, which are:
- the Trading method
- Risk & Money Management
- Psychology of the Markets and of the Trader

I have then explained in more detail the Pillars and differentiated Risk from Money management, as well as the Market Psychology from the Trader psychology.

Here are some definitions and notes you want to keep in mind:

Trading method: is the set of rules the trader must follow to come up with a trading plan (entry, stop-loss and profits target price levels, at least, but there are more) that has a high probability of reaching the profit targets, and a low probability of hitting the stop-loss.
Generally, the less discretion in the trading system the less experienced the trader has to be in order to be successful.

Note: I still see way too many trading methods using lots of indicators and 'traditional' technical analysis. When I see that, I always think about how difficult is to reconcile the different readings offered by each indicator. Less is more in trading. The more indicators and the more discretion you have to put into trading decisions, and the more difficult for the non-experienced trader to "get it" and make recommendations actionable.

This is the main reason why a lot of trading "gurus" who are successful traders are not able to effectively transfer their skills to their students. Their method is way too discretionary and, often based on the wrong assumptions about "how the market works".

Note: If you are asking yourself whether traditional technical analysis is able to capture the fundamental ways the market works, my answer is a resounding "No!". And I will be able to show this in a future Webinar on FXStreet.com.

This is it for today.

Tune in tomorrow. I will be briefly talking about Risk Management.
Have a great trading week.
Giuseppe, ~FibStalker

PS: in relation to risk management, I have recorded a recent webinar with FXStreet.com. It is titled: "Advanced Risk Management for Success in Modern Markets".
It provides non-common views on risk management.
If you are interested you can watch it here: http://elitefive.wordpress.com/2014/...ugust-14-2014/

The Pillars of Trading in Modern Markets – Part 2: Risk Management, August 19, 2014

Dear Traders,

I continue today my mini-series of 5 articles that I will complete on Friday. Every day I publish a brief article. The focus of the series is on the “Pillars of Trading in Modern Markets”.

In Yesterday’s post I have written about the Trading Method.

http://elitefive.files.wordpress.com...ng?w=233&h=300

Today’s topic is a very crucial one- Risk Management. I will start by defining what Risk Management is, and the way I look at it.

Risk management, simply put, is the discipline and practice of protecting the trader’s capital. I have a rule in my trading – and its called PPC, Protect Precious Capital (rule #1). And this rule is rooted in a simple fact: “when the money is gone, the game is over”. So what I mean, is to avoid coming to that point where you realize that your financial and emotional capitals are done and gone. To avoid this unfortunate outcome (happening to a very large number of traders), you have to start taking control of the situation in an informed and practical way right from the start.

You have to do whatever it takes to protect your capital. And the first thing you have to do is to stop deceiving yourself that trading is easy and that next 100% “big trade” will happen soon enough and will cover up for your previous losses. I have lost money myself thinking like that and I regularly watch and talk to inexperienced traders who think that they can risk 10%, 20%, and sometimes even 100% (when they trade without stops) of their capital on one trade, only to discover that if they put pressure and expectations in their trading, they end up “imposing” their expectations to on Mr. Market.

But as we all know, markets can be highly unpredictable. Anything can happen, and this is a fundamental truth of trading. There is nothing we can impose on something that is totally free and wild like Mr. Market. We can have positive anticipations, but certainly no expectations.

When we deal with our capital we have to distinguish between financial capital and emotional capital, and keep them separate. Understanding of the former is quite straightforward: it’s the money you have in your trading account. But the latter is trickier. This is a measure of our confidence level in trading. If we lose confidence we become unable to act and make money. In fact, when act without confidence, it’s a sure-shot way of losing money.

Note: Confidence is always the combination of Knowledge + Proof. If we experience a streak of losses we lose the ‘Proof’ part of the equation. So we lose confidence even if we know very well how to trade a good system. In a status of no confidence, generated by a low emotional capital, we are not able to generate profits in the markets.

Have talked extensively about Risk Management and related advanced concepts in my last Webinar on FXStreet.com which can be watched here:
http://elitefive.wordpress.com/2014/...ugust-14-2014/

Till then stay tuned. My topic for tomorrow will be Money Management.

Have a great day.
Giuseppe, ~FibStalker

The Pillars of Trading in Modern Markets – Part 3: Money Management, August 20, 2014

Good Morning traders,

Today I continue my mini-series of 5 articles with a new article. I will complete this series on Friday.
Every day I publish a brief article. The focus of the series is on the “Pillars of Trading in Modern Markets”.

In Yesterday’s post I have written about Risk Management.

http://elitefive.files.wordpress.com...ment.jpg?w=500

Today’s topic is very, very important. Is there a way to reach our objectives in trading?

Yes, there is and that happens through Money Management. When I mention objectives I mean profits levels and return rates generated by our trading activity. Now could there be anything more interesting than this?

So let’s have first a clear definition of Money Management in place, and look at what exactly is it about. Money management is the discipline and practice that allows managing the position in order to optimize risk management and magnify returns.

You can become very creative with Money Management. I have studied it in-depth and even wrote a research paper during my Master Thesis in Finance, and that helped in filling a gap in academic research in Finance.

It is possible to “play” with Money Management techniques and generate hundreds of different ways to calculate position sizing, entering partial positions at multiple price levels and taking partial profits at a different levels too. It is also possible to take a money management technique and literally “superimpose” it on top of any trading method, although within certain limitations and boundaries.

Money Management is really the way you can reach your objectives in trading, provided that:

1. they are realistic and supported by a quality trading system
2. your risk appetite is within reason
3. you use proper money management techniques
4. you get aggressive with other people’s money, i.e. the gains you extract from the markets

Note: I never risk more than 1%, even if I use trading methods and entry that have a 90% reliability rate (Oh yes! Such methods do exist: take a look at the FibStalker Trading Method coupled with the unique FibStalking Timing Technique, which allows procedural testing of areas of support and resistance).
It is possible to “supercharge” profits keeping the risk low on your own capital, which also serves keeping in “check” your emotional capital (which depletes at a faster rate than your financial capital).

Risk and Money Management are closely related. They help and serve each other; each one helping the other in reaching their full potential and objectives. So position sizing and money management help reducing risks, especially when you enter a trade in legs, drilling down into the smaller time frames; Risk Management contributes to reaching trading objectives, mainly reducing the exposure of your hard-earned capital, to the maniacally-depressive psychosis of Mr. Market (always remember PPC, #1 rule.)

I have talked about Money Management in my last Webinar on FXStreet.com which can be watched here:
http://elitefive.wordpress.com/2014/...ugust-14-2014/

See you tomorrow with the next topic.

Till then stay tuned. My topic for tomorrow will be the interesting Psychology of the Markets.

Have a great day.

Giuseppe, ~FibStalker

Hello traders,

two years ago, in 2012 I started sending mid-week updates to my Newsletter subscribers in order to provide additional information and as a way to show my gratitude and thanking my followers for their support and continued interest in my work.

I have recently resumed that good habit and here is my Mid-Week review for today Thursday August 21, 2014. In this post I am providing an updated analysis for all the 12 markets I follow currently, plus a guest pick AUD/NZD (requested by a follower): EUR/USD, S&P500 e-mini futures, Dollar Index futures, Gold mini futures, USD/JPY, EUR/JPYU, GBP/JPY, EUR/CAD, GBP/USD, AUD/USD, USD/CAD and NZD/USD.

Mid-Week updates integrate my weekly newsletter I only send to subscribers. Mid-Week updates come in the format of a 20 minutes (or so) video analysis of the current setups. In these videos I anticipate where algo trading pushing is price into for several forex pairs and some futures markets I follow.

Find the video below:




Note 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, S&P500 emini, Dollar Index and Gold emini; (2) the Japanese Yen majors, i.e. USD/JPY, EUR/JPY, GBP/JPY & EUR/CAD; (3) the other majors: GBP/USD, AUD/USD, USD/CAD & occasionally EUR/CHF. Please, register here to receive the free weekly newsletter.

Note: if you find this analysis interesting, please share it on social media!
http://elitefive.files.wordpress.com...03&h=162&h=162
To your success!

Giuseppe Basile, CMT, B.Sc. Eng., MA.Fin,
SIAT/IFTA associate, Researcher and Trading Mentor
FXStreet.com Contributor and Toronto Forex Meetup leader

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

Hello Friends,
Today I continue my mini-series of 5 articles with a new article. I will complete this series on Friday.
This week every day I am publishing a brief article. The focus of the series is on the "Pillars of Trading in Modern Markets".
In Yesterday's post I have written about Money Management.
Today’s topic is considered complex, difficult to master and somehow boring by traders. But remember that in life is very typically that the things we do not focus on are those we need the most!
https://elitefive.files.wordpress.co...agon.jpg?w=300

I am going to talk about Psychology. Psychology is paramount in trading. Some authors and traders bring this to an extreme saying that Psychology is 100% of trading.

Why? If you think about it, you can have a good method in place and risk and money management well honed, but still if the psychology you bring into the market is not okay you are still going to lose money. I do not think is 100% because you can somehow incorporate the market psychology and good practices into the method, but Psychology remains the most important element in trading.

First of all, how do I define the Psychology of the Markets? This is the response of traders and participants in the market, considered as an aggregate group of individuals. Market Psychology is reflected in price action and in price structure.

I am more concerned with the latter, price structure. In fact, I am totally convinced that price structure in modern markets is overwhelmingly dictated by the activity of some classes of algorithms, trading on all the major instruments characterized by very high exchange volumes.

Note: Entry levels, as well as support and resistance levels and areas are mainly identified by the interaction of classes of algorithms in the weekly, daily and 4-hour charts. When there are no planned or unplanned events that affect the psychology and emotional engagement of the market, prices are "quietly" driven into areas of target or resistance and support indicated by the algorithms. The proof is in price itself, when you learn how to spot the “footprints” of algorithms on price.

The algorithms that "govern" the markets are understandably monitored by mere mortals, i.e. human beings. These algorithms are taken down on Friday afternoons and stay inactive through Monday mornings. This is the reason for erratic, low-participation markets we see at the beginning and the end of the trading week.

Only decisions by Central Banks, significant macro-economic changes and geopolitical crisis or some other dramatic events do actually take price action away from the control of algorithms.
Algorithms then "readjust" pretty quickly.

In one of my trainings I demonstrated how modern algorithms have "internalized" the psychology of the Market. I prove this point by applying the rules that I use to study the effects of algorithms on price back to price data well before computers were invented! And do you know what happens? These rules work! They apply back to the 70s, 60s, back to the beginning of last century showing that they model something "fundamental" about the markets.

Note: I also believe this is the very reason why algorithms trading the markets are capable of flying "under the radar" and very few professionals are able to spot them. The reason is that they have incorporated "the way market works", e.g. the price structure that is generated by the market psychology, the average reaction of market's traders taken as an aggregate group. I find these considerations very fascinating. And these are not theories! I use these considerations every day in my practical analysis and trading.

You can find a recent example here.

See you tomorrow for the last topic.

Till then stay tuned, I will talk about the Psychology of the Trader.

Have a great day.
Giuseppe, ~FibStalker

The Pillars of Trading in Modern Markets – Part 5: Psychology of the Trader, August 22, 2014

Hello Traders,

This article completes the mini-series of 5 articles on the “Pillars of Trading in Modern Markets” I have focused on this week.

Yesterday I offered my view on the Psychology of the Market. Today I shift the attention to the Psychology of the Trader, not less important.

http://elitefive.files.wordpress.com...logy.jpg?w=500

So here follows a definition of Trader Psychology: it is the beliefs system that has to be in place for a trader to be successful in the markets. 95% of people lose money in the market not always because their trading method is flawed, but rather because they approach trading with a wrong set of beliefs. The common sense ideas and beliefs we bring from our everyday life do not work in the markets.

Note: This is the most important aspect for a trader to understand. If we as traders start with the right foot and question every impulse we have when we approach the markets, we put ourselves in a better spot to become successful in trading.

If, on the other hand, we just second our impulses and let ourselves react and take trades that are not in synch with the market psychology and current price structure, we create from the beginning a very negative energy associations with our trading experience. If you are a starting trader, avoid this at all cost!!

For instance, a lot of traders will initially fall in love with the concept of trading breakouts. This is basically entering the markets above recent highs (for longs) and below recent lows (for shorts). But although it can be successful this is not the best practice, for sure not for all instruments and for all time frames.

Note: The best way to trade the markets is to identify a new trend and then trade retraces before the price starts moving in the direction of the identified trend.

But before new and experienced traders discover low-risk trades often hidden in price retraces, and learn to manage risk and obtain risk-free trade (another technique used to control and reduce risk even more), they “learn” to apply common judgment and common sense ideas to trading. A huge mistake! Totally wrong! Watch out!

For instance, in our daily life there is a widely accepted principle of “non-solution of continuity“. This has been probably borrowed and adopted from the law or physics or from nature. I am making reference to natural processes which when initiated, do not reverse quickly. For instance, before a process can be completely reversed, it will continue for a while.
Think of a body in motion like a car. If you hit the brake, the car will start slowing down, continue forward for a while, before eventually coming to a complete halt.

This is not true for market prices of EUR/USD or the S&P500 e-mini futures, and any other financial instruments for what matters. In fact, it is said commonly in the trading environment that “price can turn on a dime”. In the markets there can be events that suddenly reverse the process, as well as price direction.

Note: There may be possibly dozens of beliefs that we, as human beings, bring into trading from everyday life experiences. Most of these beliefs are what makes us losers in the markets. If you do not understand you need a ‘dedicated’ set of beliefs to function properly in the markets, you will not be successful. You need a ‘dedicated’ set of beliefs to be a successful trader- and that’s the bottom-line.

This article and the other 4 written this week pretty much cover the most relevant aspects involved in Successful Trading.

If you find any difficulty understanding any particular aspect- or have any other queries in general, leave a post in the related post or send your queries to my email address: [email protected].

I will be glad to assist you with all your queries. I plan to have a Skype call one of these days, with all the followers. If you are interested, contact me at the email above.

I would be happy to hear from you your thoughts, ideas, feedback, or any other comments. Looking forward for your notes.

If you liked this series, please share it with friends and trading buddies on the social Networks! Thank you!

Have a great Friday and weekend.
Regards,,
Giuseppe, ~FibStalker

Tonight, August 24 2014, in my free weekly Newsletter

Hello all,
this what you are going to read in my free weekly Newsletter tonight Sunday August 24, 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. ARTICLES: The full mini-series of the “Pillars of Successful Trading in Modern Markets” – 5 articles
5. MARKET WEEKLY REVIEWS – 6 Recent issues of the “FibStalker Newsletter
6. EDUCATION – Download my eBook
7. EDUCATION – My Resource Box: a bag of useful Links to get Started with FibStalker and related material

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 & NZD/USD.

Please, register here to receive the free weekly newsletter.

Note: if you have not made it and could not subscribe in time, worry do not! :-) When you subscribe you get the links to the last 6 newsletter issues, including tonight’s issue.

So, do not wait and subscribe without hesitation, by clicking on the image below!
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

“Closed for Holidays” and interesting first day away, August 27 2014

Dear all,
hope this post finds you well.

This is to let you know that in the next couple of weeks I will not post about the markets in this thread...

I have taken a couple of weeks off the markets to regenerate and rest. This will also allow me to restart fully energized and capable of committing on quality and over-delivery in the first coaching course I will be starting at the beginning of October.

Here are some recent pictures of the first day of my trip (mainly spent traveling from Toronto, ON to San Francisco, CA).

However I was lucky enough I could spend a few hours in the evening in down town S.Francisco tonight, and this is one of the things I have discovered:

http://elitefive.files.wordpress.com...pg?w=500&h=375 http://elitefive.files.wordpress.com...pg?w=500&h=375 http://elitefive.files.wordpress.com...pg?w=500&h=375 http://elitefive.files.wordpress.com...pg?w=500&h=375 http://elitefive.files.wordpress.com...pg?w=500&h=375 http://elitefive.files.wordpress.com...pg?w=500&h=375

The pictures above were taken at the historic “Caffe Trieste” in the Italian district of San Francisco (Columbus and Vallejo st). The street looks really like a common Italian street and people actually speak Italian!

This is the place is where Francis Ford Coppola used to go when he was writing the script the famous “The Godfather“!!!

The last picture shows Francis Ford Coppola working with Papa Gianni (owner of Caffe Trieste) and Gianfranco Giotta. I suppose the Italian guys did probably supported Francis explaining to him how the Mafia works in Italy….

In the other pictures I am with new friends: a cop who graciously offered to take a picture outside the cafe and Aaron, a young passionate political activist who opposed Chavez in the last few years and now living in USA….

Only the first day, but it has been dense and interesting so far.

Tomorrow I will pick up a Harley Davidson and will start a 5-day trip in Northern California….

If you are interested, come back to this thread or the blog for more pictures, commentary and up to date information on my trip.

Have a good continuation of the week

Talk Soon
Regards,,
Giuseppe, ~the FibStalker

Hello all,

I hope you are doing well and you were able to profit from the markets and their volatility last week.

I am back from holidays, and now ready to start contributing to this thread again.

In the mean time let me share with you the weekly review I have send to my newsletter subscribers yesterday evening:

 

1. FOREX & FUTURES – EUR/USD, Dollar Index, S&P500 emini and Gold futures Weekly Review:
   Inserted Video
2. FOREX – GBP/USD, AUD/USD, USD/CAD & NZD/USD Weekly Review:
   Inserted Video
3. FOREX – USD/JPY, EUR/JPY, GBP/JPY & EUR/CAD Weekly Review:
   Inserted Video

Let me know what you think by dropping a message to: [email protected] or posting on my blog at: www.fibstalker.com

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 & NZD/USD.

Please, register here to receive the free weekly newsletter.

Note: if you have not made it and could not subscribe in time, worry do not! :-) When you subscribe you get the links to the last 6 newsletter issues, including tonight’s issue.

So, do not wait and subscribe without hesitation, by clicking on the image below!
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

“Back to Business. But hey, what a vacation!” – Part 1, September 16, 2014

Dear all,

this is to let you know that I am now back to business and I will resume posting on this blog and in my newsletter like before and even more frequently.

I have taken two weeks off and spent the first week on an unforgettable trip around Northern California, in a 1008-mile tour during 5 days of hard riding a Heritage Softail Harley Davidson beauty.

Hereunder is the picture of this 400kgs monster. A very reliable motorbike, like my FibStalker trading methods :-), which did not lose one single beat in the whole journey.

https://elitefive.files.wordpress.co...pg?w=500&h=375

Here are some highlights the first trip (golden gate and Mariposa grove, south of Yosemite National Park):

https://elitefive.files.wordpress.co...pg?w=300&h=225 https://elitefive.files.wordpress.co...pg?w=300&h=300 https://elitefive.files.wordpress.co...pg?w=300&h=225

I went from Montain View to San Francisco and then to the north side of the bay through the Golden Gate. There continued to Sausalido and Sonoma to see the wine valleys and finally Sacramento. The next day went to Lake Tahoe and continued to Carson city in Nevada and spent the evening in Virginia city, an incredible place.

You tell me, check below:

http://elitefive.files.wordpress.com...pg?w=300&h=300 http://elitefive.files.wordpress.com...pg?w=300&h=300 http://elitefive.files.wordpress.com...pg?w=300&h=224

The trip continued towards south on the 395 (the Sierra Leone) to Mono Lake, another “unreal” place. After that I drove west-bounds into and through the Yosemite National Park. I felt in love with that place….
…more on that in the next post.

Have a good continuation of the week

Talk Soon

Cheers
Giuseppe, ~the FibStalker

“Today’s interview at Dale Pinkert’s LAR on FXStreet.com”, September 16, 2014
Dear all,

As you will see I have got busy pretty quickly as soon as I came back from my vacation.
Here is today’s interview at the FXStreet.com LAR with Dale Pinkert.

I reviewed the current situation of the Euro/Dollar and the target at 1.3020 called after the market broke the all the way halfway back on the weekly timeframe back at the beginning of May.

I have also reviewed the situation of the USD/JPY with the weekly and daily setups mentioned in my review of the Japanese Economy published on August 1st on FXStreet.com. This market is at the first target of the daily timeframe and close to the 1st target of the weekly timeframe (setup in the 94 area). The USD/JPY is in an extension long, thus it has to potential to quickly move into the second target at the 115 area.

You can watch the interview with Dale here, and I have embedded the video below:

LAR Interview with Dale Pinkert’s at FXStreet.com, Sept 16 2014

Here in the following I am also providing the link to the article written by Dale Pinkert and Mauricio Carrillo on the interview.

As usual, let me know what you think by leaving an email at: fibstalker at gmail.com or a post on my blog.

Below the link to my newsletter if you want to learn more about my methods and my edge in the markets.
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

All Markets Mid-week Video Analysis, Review and Forecast, September 18, 2014

Hello traders,

two years ago, in 2012 I started sending mid-week updates to my Newsletter subscribers in order to provide additional information and as a way to show my gratitude and thanking my followers for their support and continued interest in my work.

Here is my Mid-Week review for yesterday Wednesdays September 17, 2014 that I have published to my newsletter subscribers.

In this post I provide an updated analysis for all the 12 markets I currently follow: EUR/USD, S&P500 e-mini futures, Dollar Index futures, Gold mini futures, USD/JPY, EUR/JPYU, GBP/JPY, EUR/CAD, GBP/USD, AUD/USD, USD/CAD and NZD/USD.

Mid-Week updates integrate my weekly newsletter I only send to subscribers. Mid-Week updates come in the format of a 20 to 30 minutes video analysis of the current setups. In these videos I anticipate where algos trading is pushing price into in the forex and fugures markets I follow.

Find yesterday’s video below:



Note 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 https://elitefive.wordpress.com/wp-a...new.phpupdates throughout the week. The newsletter typically includes 3 video reviews for (1) EUR/USD, S&P500 emini, Dollar Index and Gold emini; (2) the Japanese Yen majors, i.e. USD/JPY, EUR/JPY, GBP/JPY & EUR/CAD; (3) the other majors: GBP/USD, AUD/USD, USD/CAD & NZD/USD. Please, register here to receive the free weekly newsletter.

Note: if you find this analysis interesting, please share it on social media!
http://elitefive.files.wordpress.com...03&h=162&h=162
To your success, rooting for you…
Giuseppe Basile, CMT, B.Sc. Eng., MA.Fin,
SIAT/IFTA associate, Researcher and Trading Mentor
FXStreet.com Contributor and Toronto Forex Meetup leader
http://elitefive.files.wordpress.com...ture.png?w=500
Giuseppe Basile, ~FibStalker

Next Tuesday 14, 12:00 GMT, free Webinar “Fallacy of Technical Analisys and Market’s Review” on FXStreet.com, September 18, 2014

Hello Traders,
hope things are going well and your week is going well.

I am preparing my next Webinar that I will be offering next week on Tuesday September 23rd on FXStreet.com, the largest global Forex portal.

If you are looking at a different and effective way of looking at the markets, and wonder why you often are in the red with your trades, or you just want to bring your risk management to the next level, then next week’s webinar may be for you. I will be talking about the Fallacies of Technical Analysis and how looking at Algorithms Footprints, my own trading edge, as well as using the FibStalker Methods can dramatically help improving your trading results.

I am happy I will have the opportunity to share some of my research, which has practical impacts on my analysis and trading, and I firmly believe it can help you in your trading journey.

The webinar will be next Tuesday September 18, 2014 12:00 GMT (8am Toronto time).

See details below:

http://elitefive.files.wordpress.com...ng?w=500&h=310

Here below is the webinar’s summary: “In the first part I will discuss some of the fallacies of traditional Technical Analysis and why most common trading methods fail to provide effective trading plans. This problem is solved by studying the overwhelming presence of algorithms in high volume, modern markets, which also enables price discovery and procedural test of areas support and resistance. In the second part I will analyze the effects of algorithms on price of major Forex pairs and other markets requested by participants.”

To register for free to “Fallacy of Technical Analysis and Live Market’s Review” Webinar, follow the link below:
Click here to register for the webinar…

I hope you enjoy it, along with its fresh and useful information. This webinar will be dense of “HAHA” moments, and I am sure you will learn a lot and even develop a different view and more insights on markets’ price structure and why traditional Technical Analysis will not make you successful.

I look forward to seeing you there.
Have a great long weekend.
Regards,,,
http://elitefive.files.wordpress.com...lker.png?w=500 Giuseppe, ~the FibStalker

Guess who are in FXStreet weekend page?

Always the same old faces... ;-)

http://twitter.com/MCarrilloFX/statu...52688205246464

Do not forget to subscribe for next Tuesday's webinar:

http://www.fxstreet.com/webinars/ses...view-20140923/

Have a great weekend
~FibStalker

Tonight, September 21 2014, in my free weekly Newsletter

Hello all,

this what you are going to read in my free weekly Newsletter tonight Sunday August 17, 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. WEBINAR: Tuesday’s September 23, 2014 Webinar on FXStreet.com “Fallacy of Technical Analysis and Live Markets’ Review”
5. EDUCATION: Introduction to my FibStalker Methods Coaching Program – Part 1 to 3
6. MARKET WEEKLY REVIEWS – 6 Recent issues of the “FibStalker Newsletter

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 & NZD/USD.

Please, register here to receive the free weekly newsletter.

Note: if you have not made it and could not subscribe in time, worry do not! :-) When you subscribe you get the links to the last 6 newsletter issues, including tonight’s issue.

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

I don't understand why nobody is replying or participating in this thread?!

Hi Airmac,
I do my best to share the best of the information I can and trying to improve results of traders.

I also know that a lot of people download the ebook (over 600 downloads since may last year) and subscribed to the newsletter.

I am here to help Airmac and will continue to provide information.

But apparently it is more interesting to speak about 50,000% returns in one year, or Holy Grails and adding tenths of rules on top of lagging indicators rather than trying to look differently at the markets.

As said, I will keep posting quality information here and I always answer personally on this thread and by email.

Airmac, thanks for your kind observation...

Have a good day.
Regards,,

PS: don't miss the new webinar on the Fallacy of Technical Analysis (one thing that a lot of people don't want to hear about )