My 1617GMT Method in FOREX - U.S Session ONLY

Hi Gang,

I know some of you have been trading the FOREX Market for quite some time, and I am not here to change
your methods or your strategies...I am simply here to offer an EXTRA EYE to the Market for those of you that are
willing to observe and learn something new...

Part of my Process is to Analyse the Market during the weekend, and have an opinion so that I can prepare
myself for the next trading week....

As a Technical Trader, I do believe watching charts and studying them are not GOOD ENOUGH if I take away the
most important ingredient to my SUCCESS which is "FUNDAMENTAL NEWS"....

I welcome any discussions on how hard it is to interpret News Trading, but if there's one thing that I know of is:
"PEOPLE CAN MAKE TONS OF MONEY on NEWS TRADING IN A MATTER OF MINUTES."

My intention is to show other NEW traders how important it is to embrace News Trading, and find a way to be
SUCCESSFUL in the Process...This is not going to be EASY, but if you are a Student of this Game like myself,
you will definitely enjoy the JOURNEY HERE.

Here is a quick EXAMPLE of what to look for in my POSTING:

Monday, March 23rd, 2015

As usual, Monday tends to be a very quiet day, but Since Mario Draghi is going to speak that day,
I am not going to Underestimate the Market....


I don't expect Volatility to be Massive, but we should expect some decent Move in the Market
around 9:00am CST or 17:00GMT

Here are the Pairs that I am going to FOCUS ON:

EUR/USD - AUD/USD - GBP/USD - USD/JPY


Note: If you want to Trade ONLY EUR News that Day at 17:00GMT, Your best Bet is to only Observe
those Pairs:

EUR/USD - EUR/NZD - EUR/GBP - EUR/CAD - EUR/JPY - EUR/AUD

All of them will go in the same Direction as long as EUR is Strengthening

Here's what I am looking for on EUR/USD Chart....

EUR/USD has been trending nicely to the UPSIDE since early last week, and I am expecting a Continuation
this week as well since the Market is going to be a bit quiet this week...I don't think Mario Draghi is
going to say anything stupid at this point, but if he wants us to believe that the Momentum is here to stay
by the end of this month; He needs to play it COOL...

Technically speaking, I would like to see EURUSD retest 1.10400ish (about 200+ Pips ), and then make a
Last Run at 1.13200ish ( Extra 300+ pips ) to finish this month in a positive Note.


Market Sentiment : H4 TF is Bullish

Market BIAS: M15 TF is Bullish

Note: If you want to go LONG, you might need to wait for small Bearish Pullbacks on the M15 TF or M5 TF...

Keep in Mind, as long as Price Action is Trading above the [Yellow LINE- SMA(50) ]... Bullish Momentum is
still Alive.

May them PIPS be with yall

EURUSD Update:

I was having some internet issue this week, and I managed to place few trades on my Phone with
some success....But I think that my Forecast on EURUSD has been reached, and I am
waiting for this pair to make the last Run to finish the month (March) in a positive Note.



As you can see the Momentum has been shifted to the DOWNSIDE, but I am not worry at all, unless
we have some major News this week.... Well, the only thing that I could think of is the Non-Farm
Payroll this Friday (April 3rd, 2015)...

USD/JPY is on a major DownTrend right now, and I am very certain that smart traders will have to wait
till Friday to make some Long Trade decisions....

Keep in mind, Market sentiment can change at any given moment, but I would like to see EURUSD
reaches 1.13000ish this week.

Enjoy Gang!

P.S More updates are coming this week on other Currency Pairs!

That was a Nice Trade on GBPCHF, M5 TF

When you Apply the 1617GMT Method, this is what you get in a GOOD Day, and
Trendy Pair:

Seems like your on to something here brother. .. keep up the good work

I was once a new trader coming to this Forum looking for knowledge....The people that came before me left some tremendous
insights about this Market....I made a decision from that day to contribute and shorten the Learning Curve for a lot of new
traders out there....

I can only Day-Trade the U.S Session for 3-4 hours, so I decided to work on a new Technique specifically for that Time...And, so
far everything is great, and I have this clarity whenever I am placing a Trade as long as I follow my rules for this "1617GMT Method"

I really appreciate your Support Dami32, and feel free to comment and share this thread around......

Its been 7 months now and no follow up?
What happened to this thread?

John.

Hi John!

You might need to jump on my most recent thread "High probability Insight:......"

This thread was just a test....and I am still using the same method with more advanced technique now.

Talk later!

Jay