Money Flow Trading Method along with Risk Management

[quote=BenjaminIs;9396274]{quote} . I am asking everyone here that is trading a FXCM UK demo account to read the entire article and post in your own words a brief summary of what you understand. The reason for my request is the importance and knowledge that Martin shares.

mrmkg01 response

forecasting will be critical , no market can be forecast in isolation, key date is 2018, capital will move to the most advantageous location, there is worldwide economic meltdown spain,italy,brexit,trump,asian currency are all acting like dominoes

 

1. could europe breakup ??(i dont expect the Euro to be strong in 2017)
2. Keep an eye on Gold for longs subject to money flow from US equities bubble bursting.

mrmkg01

[quote=BenjaminIs;9396274]{quote} Please bring me up to date where you are in your trading and anything else that you need to discuss.

mrmkg01 response

I came to the party late last week , one trade opened friday last week ,US30 short still open @19,861.00 s/l @19,799 , i believe that the shorts are not over yet for US30 as near term direction.

any comments?

mrmkg01

[quote=mrmkg01;9396931] Good , mrmkg01

You understand and as for the US 30 as the profits from 2016 were held there is NO REASON that profits will not be taken starting shortly so this can be one of the best trades of the year for us. That is why it is our BEST Trade Plan until March 31, 2017. We will not have long to wait. On another associated topic concerning USD/JPY is there anyone here that has the skills to create a Chart of USD/JPY on a daily basis and put the Chart for US 30 on a daily basis on top of it so we can see the correlation in a visual way.

It will be nice to get back to more normal trading shortly although the time off is healthy to recharge batteries and PLAN AHEAD !!!


Benjaminis

https://www.theburningplatform.com/2...f/#more-139878

Comments from Benjaminis: PLEASE READ THIS ARTICLE FROM THE BURNING PLATFORM. I will post a few Snippets however it a MUST read since it is honest and to the point and well written with NO HIDDEN AGENDA !!!

Snippet One:
Guest Post by Jim Kunstler
There is no other endeavor in which men and women of enormous intellectual power have shown total disregard for higher-order reasoning than monetary policy.
David Collum
American Notes
Apart from all the ill-feeling about the election, one constant out there since November 8 is the Ayn Randian rapture that infects the money scene. Wall Street and big business believe that the country has passed through a magic portal into a new age of heroic businessmen-warriors (Trump, Rex T, Mnuchin, Wilbur Ross, et. al.) who will go forth creating untold wealth from super-savvy deal-making that un-does all the self-defeating malarkey of the detested Deep State technocratic regulation regime of recent years. The main signs in the sky, they say, are the virile near-penetration of the Dow Jones 20,000-point maidenhead and the rocket ride of Ole King Dollar to supremacy of the global currency-space.

I hate to pound sleet on this manic parade, but, to put it gently, mob psychology is outrunning both experience and reality. Lets offer a few hypotheses regarding this supposed coming Trumptopian nirvana.

The current narrative weaves an expectation that manufacturing industry will return to the USA complete with all the 1962-vintage societal benefits of great-paying blue collar jobs, plus an orgy of infrastructure-building. I think both ideas are flawed, even allowing for good intentions. For one thing, most of the factories are either standing in ruin or scraped off the landscape. So, its not like were going to reactivate some mothballed sleeping giant of productive capacity. New state-of-the-art factories would require an Everest of private capital investment that is simply impossible to manifest in a system that is already leveraged up to its eyeballs. Even if we tried to accomplish it via some kind of main force government central planning and financing going full-Soviet there is no conceivable way to raise (borrow) the money without altogether destroying the value of our money (inflation), and the banking system with it.

Snippet Two:
Designated Bag-Holder
The American people have been punked by their own government and their central bank, the Federal Reserve, for years and the jig is now up. In 2017 both will lose their authority and legitimacy, a very grave matter for the survival of this republic.

Insiders surely have seen this coming for a long time. The people running this so-called Deep State of overblown and overgrown institutions probably acted at first with the good intentions of keeping the national lifestyle afloat. But in the end (now approaching) they stooped to too much duplicity and deceit in the desperate attempt to not just preserve the system, but to protect their own reputations and personal perquisites. And now there ought to be some question with the election of 2016 that they have engineered all of this system fragility to blow up on Mr. Trump’s watch, so they can blame him for it. It was going to blow up anyway. But had Hillary Clinton won the election, at least the right gang would have had to take the blame — the people in charge for the past twenty years. Instead, Donald Trump has been elected Designated Bag-Holder.

About That “Big Fat Ugly Bubble” and its Consequences
Part 1: History Lesson
The USA ran out of growth capacity around the turn of the millennium because we ran out of affordable energy to run our techno-industrial economy. It was hard to see this with seemingly plenty of oil available. And, of course, the computer tech fiesta was blossoming, but for all that glitzy stuff to attract dwindling real capital, other old stuff had to go, and did go, and when all was said and done the computers did not generate much wealth or social value. In fact, the diminishing returns and blowback of computer tech were arguably more damaging than beneficial to society and its economy. Look at where the middle class is today. Computer tech gave the magical appearance of growth while actually undermining it.

By affordable energy I mean energy with a greater-than 30-to-one energy-return-on-investment, which is the ratio you need for the kind of life we lead. That’s what the now-ridiculed Peak Oil story was really about: not running out of oil, but not getting enough bang for our bucks pulling the remaining oil out of the earth to maintain our standard of living. I’ll return to this issue in more detail later. But that was what provoked America’s 21st century economic malaise. Everything we’ve done in finance since then has been an attempt to compensate for our fundamental problem with debt — borrowing from the future to maintain our current (unaffordable) standard of living. Our debt has grown ever larger and faster each year, and our methods for managing it have become more desperate and dishonest as that occurred.

The culprit at the center is America’s central bank, the Federal Reserve, which is actually not a government agency as it seems, but a consortium of the nation’s biggest private banks, lately known as Too-Big-To-Fail. The Fed was created in 1913, when the complexities of capital finance were multiplying in step with the complexities of industrial production, which, remember, was a new and evolving phenomenon of human history. Mankind had no prior experience with industrialism. We discovered toward the end of the 19th century — decades of unprecedented industrial growth — that the system’s dynamic produced booms accompanied by very destructive busts. The operations of banking usually outran the cycles of trade, industry, and war that were coloring evolving Modernity. So the Fed was created to smooth out these cycles. It had two basic mandates for this: acting as the lender of last resort between banks during financial panics so that some money would always be available in an emergency; and stabilizing the money supply and prices in the system. The Fed failed spectacularly to smooth out the cycles of boom and bust and to maintain the value of the dollar over time.

Snippet Three:
Get this: the Fed is completely full of shit. It is terrified of the conditions it has set up and it has no idea what to do next. The “data” that it claims to be so dependent on is arrantly fake. The government’s official unemployment number at Christmas 2016 was 4.6 percent. It’s a compound lie. The 4.6 percent does not include the 95 million people out of the workforce, most of them able-bodied, who have simply run through their unemployment benefits and given up looking for work. Nor does it figure in the fact that roughly 90 percent of the new jobs created are part time jobs, many of them held by people working several jobs (because they have to, to pay the bills). Nor does it detail the quality of the jobs created (minimum wage shit jobs.)

That 4.6 unemployment figure is the main pillar of the Fed’s “data.” They interpret it as meaning the economy is roaring and has their full confidence. They‘re lying about that, of course. They have been touting “the recovery” (from the crash of 2008) continually and heralding a program of “normalizing” interest rates upward for two years. In 2015 they didn’t do anything until the very last Fed meeting of the year when they raised the Fed Funds rate 25 basis point (that’s a measly one-quarter of a percent). They raised, they said, because they were “confident” about the economy. No, that’s not why. They did it because they talked about it all year without doing anything and their credibility was on the line. They also promised four rate hikes altogether in 2016, which they then failed to carry out.

After that December 2015 rate hike, the stock markets tanked 10 percent. By springtime, the markets appeared to be bouncing back, so the Fed started talking about more rate hikes again. They talked it up all year without acting, an impressive act of fakery. The surprise Brexit vote gave them the heebie jeebies. They laid low. Meanwhile, the US election season was on. The Fed denies this, but they did not raise interest rates for eleven months in 2016 solely because they wanted to make the Democratic administration look good heading into the November vote, and they knew the economy was fragile. Once Hillary was nominated they were determined to usher her into the White House on a high tide of fake good economic news.

When she lost the election the stock markets surprised everyone by entering a super-bubblicious Trumpxuberance rally. There is a narrative for that too in the media chatter and it is simpleminded nonsense based on the sheer hope that Trumponomics will be great for business. More on that below.

Roaring stock markets were a secondary pillar of the Fed’s economic world-view. The post-election 2000 point upsurge in the Dow, along with the historically low 4.6 unemployment number, gave the Fed the opportunity on December 15 to do the same thing they did the previous year: cover their asses and preserve some credibility by hiking the Fed Funds rate one-quarter percent. You’d think if they were really confident in the economy — especially given the year–end rally — they would venture to raise by half a percent or more. They are not confident. They are lying with their fingers crossed.

The Fed Funds rate is one thing. As it happens, the Fed does not directly control the interest rates on US treasury bonds, and they have been rising shockingly through the second half of 2016. The crucial ten-year treasury rate has gone up a hundred percent since the summer. Because bond values move inversely to bond rates, the price of ten-year treasuries has tanked, inducing trillions of dollars in losses to bond-holders around the world. The bond market is many times larger than the stock markets. Bonds have been in a bull market since the early 1980s and that bull rolled over in mid-2016. A bear market is now on, meaning bond-holders are dumping their bonds. China and Saudi Arabia are among the leading dumpers of US Treasuries because they need the money for one reason or another. They will dump more in 2016 because both countries are in deep economic trouble. Too many bond sellers and not enough buyers in the market drive interest rates up. Rates have a lot room to move up, since they started at near-zero. Accordingly, their value has a long way to fall.

Comments from Benjaminis: The following additional Snippet is exactly what I have been teaching and sharing here. It is about the 10 Year US Bonds and associated subjects.

A sharply rising interest rate on the ten-year Treasury bond will thunder through the system. A lot of other basic interest costs are keyed to the ten-year bond rate, especially home mortgages, apartment rentals (landlords hold mortgages), and car payments. When the ten year bond rate goes up, so do mortgage payments. When mortgage rates go up, house prices go down, because fewer people are in a position to buy a house at higher mortgage rates, and rents go up (more competition among people who can’t buy a house). Zero Interest Rate Policy (ZIRP), in force for ten years, has driven house prices back to stratospheric levels.

They are now primed to fall, perhaps severely, leaving many homeowners “underwater,” with houses worth way less on the market than the amount of mortgage left to pay off. The re-financing market is dead. Housing starts were already down by a stunning 19 percent in November. Automobile sales are rolling over. Manufacturing and retail sales numbers are down at year end. What’s up: stocks, stocks, stocks.


Yet investors did not execute the usual end-of-year profit-taking in the expectation that Trump would lower the capital gains tax in 2017, so why sell now? You can wait until January 3, 2017 to sell, and then not have to pay tax on your profits until April of 2018. Will investors start dumping in the first trading days of 2017? I think so. And will that selling beget a stampede for the exits? And what will happen if the interest rate on the ten-year bond hits three percent? (It doesn’t have far to go). Or maybe even four percent? What happens is the stock markets go down in the first quarter of 2017. My forecast is 20 percent down on the S & P. That will only be a preview of coming attractions once Trump gets his mitts on the levers of power. A still bigger crash ahead later in the year!

Now for my Technical Forex Trader Friends let us study and understand the following;

http://www.investopedia.com/articles.../02/042202.asp

Snippet:
http://i.investopedia.com/inv/articl...e/AXP2_SAR.gif

SAR: United It Stands
Given the mechanical properties of the parabolic SAR, it is no surprise that it is a favorite among traders who develop their own strategies. In trading, it is better to have several indicators confirm a certain signal than to solely rely on one specific indicator, so most traders will choose to compliment the SAR trading signals by using other indicators such as stochastics, moving averages, candlestick patterns etc.

For example, a reversal of the dots from below the price to above is much more convincing when the price is trading below a long-term moving average than when it occurs when the price is above the moving average. Having the price remain below a long-term moving average suggests that the sellers are in control of the direction and that the recent reversal could be the beginning of another wave lower. Furthermore, a signal is considered stronger each time that an additional indicator confirms the same trend. For example, diving into the American Express example again in Figure 3, you'll notice that the parabolic SAR indicator triggered a sell signal (black arrows) each time it neared the resistance of its 50-day moving average (green line). Traders would also take note that the stochastic oscillator crossed below its signal line around the same time as the SAR signals (shown by the red circles). The simultaneous sell signals are then used as confirmation of a move lower. (For related reading on combining strategies, see MACD And Stochastic: A Double-Cross Strategy.)

Read more: Introduction To The Parabolic SAR | Investopedia http://www.investopedia.com/articles...#ixzz4UdIIyZPm
Follow us: Investopedia on Facebook

Bottom Line
The parabolic SAR is a fairly good tool for traders looking for a strategic method of gauging a stock's direction or for portioning a stop-loss order. As illustrated above, this indicator proves to be extremely valuable in trending environments, but it can often lead to many false signals during periods of consolidation. This indicator is simple to implement into any strategy, but like all indicators, it is usually best if it is used in conjunction with other indicators to ensure that all information is being considered. (For further reading, see our Technical Analysis Tutorial.)

Read more: Introduction To The Parabolic SAR | Investopedia http://www.investopedia.com/articles...#ixzz4UdIiMFYJ
Follow us: Investopedia on Facebook

Comments from Benjaminis: I expect some comments and inputs from our Technical Forex Traders here. Maybe even We can convince Rockey007 to return as he was a big help and Asset for us when he posted here.

Now I turn to Awesome Oscillator for everyone to use and understand.

http://www.metatrader5.com/en/termin...cators/awesome

Snippet:
Awesome Oscillator
Bill Williams's Awesome Oscillator Technical Indicator (AO) is a 34-period simple moving average, plotted through the bars midpoints (H+L)/2, which is subtracted from the 5-period simple moving average, built across the bars midpoints (H+L)/2. It shows us quite clearly what’s happening to the market driving force at the present moment.
Signals to Buy
"Saucer" is the only signal to buy that comes when the bar chart is higher than the zero line. One must bear in mind:

1. the saucer signal is generated when the bar chart reversed its direction from the downward to upward. The second column is lower than the first one and is colored red. The third column is higher than the second and is colored green;
2. for the saucer signal to be generated the bar chart should have at least three columns.

Keep in mind, that all Awesome Oscillator columns should be over the zero line for the saucer signal to be used.
"Zero line crossing" is the signal to buy generated when the bar chart passes from the area of negative values to that of positive. It comes when the bar chart crosses the zero line. As regards this signal:

1. for this signal to be generated, only two columns are necessary;
2. the first column is to be below the zero line, the second one is to cross it (transition from a negative value to a positive one);
3. simultaneous generation of signals to buy and to sell is impossible.

"Twin peaks" is the only signal to buy that can be generated when the bar chart values are below the zero line. As regards this signal, please, bear in mind:

1. the signal is generated, when you have a peak pointing down (the lowest minimum) which is below the zero line and is followed by another down-pointing peak which is somewhat higher (a negative figure with a lesser absolute value, which is therefore closer to the zero line), than the previous down-looking peak;
2. the bar chart is to be below the zero line between the twin peaks. If the bar chart crosses the zero line in the section between the peaks, the signal to buy doesn’t function. However, a different signal to buy will be generated — zero line crossing;
3. each new peak of the bar chart is to be higher (a negative number of a lesser absolute value that is closer to the zero line) than the previous peak;
4. if an additional higher peak is formed (that is closer to the zero line) and the bar chart has not crossed the zero line, an additional signal to buy will be generated.

Signals to Sell
Awesome Oscillator signals to sell are identical to the signals to buy. The saucer signal is reversed and is below zero. Zero line crossing is on the decrease — the first column of it is over the zero, the second one is under it. The twin peaks signal is higher than the zero line and is reversed too.
You can test the trade signals of this indicator by creating an Expert Advisor in MQL5 Wizard.

Hi Benjamin

See post 699, Wayfarer posted a chart with both JPY & US30

And finally to complete our TRIFECTA , Here is the Fractal for your information.

http://en.tradimo.com/learn/technica...tal-indicator/

Snippet:
Fractals are indicators on candlestick charts that identify reversal points in the market. Traders often use fractals to get an idea about the direction in which the price will develop. A fractal will form when a particular price pattern happens on a chart.
Fractals are indicators on candlestick charts that identify reversal points in the market.

The pattern itself comprises five candles and the pattern indicates where the price has struggled to go higher, in which case an up fractal appears or lower, in which case a down fractal appears.
The chart below shows what fractal indicators look like on a chart:
http://d1298eg8eju4xv.cloudfront.net...f?v=2037564129
Formation of an up fractal
An up fractal formed when a candle has two candles to the right of it with two lower highs and at least two candles to the left of it with two further lower highs. The following chart shows what this pattern looks like:
http://d1298eg8eju4xv.cloudfront.net...g?v=4029765148
number_1 Two candles marking lower highs to the left
number_2 The fractal over the higher high
number_3 Two candles marking lower highs to the right
Formation of a down fractal
A down fractal is formed when a candle has two candles to the right with higher lows and and two candles to left with two further higher lows. The following chart shows what this pattern looks like:
http://d1298eg8eju4xv.cloudfront.net...ng?v=959100451
number_1 Two candles marking higher lows to the left
number_2 The fractal under the lower low
number_3 Two candles marking higher lows to the right
The fifth candle must close
Since a fractal is a five-candle pattern, the fifth candle in the set must close and complete before any trading decisions can be based on that particular fractal.

The fifth candle in a fractal candlestick pattern must close before you make trading decisions.
This is because the price can move during the time that the fifth candle is forming. If price moves either above the higher high or below the lower low, while the pattern is still forming, the fractal indicator will disappear from your price chart. So you must wait for the pattern to complete in order to make sure that the fractal is confirmed.

Fractal indicators can be used to determine the market direction

Traders can use fractal indicators to determine the possible direction of price in a market.
One way in which traders do this, is by looking for broken fractals. A fractal is considered broken when a fractal has been confirmed and then the price breaks through either the high or the low of the pattern. If the price breaks an up fractal then the direction of the market is considered up and if the price breaks a down fractal then the market is considered down.
The image below demonstrates how this appears on a chart when the price has broken the most recent down fractal.
http://d1298eg8eju4xv.cloudfront.net...g?v=4150039045
number_1 The fractal low candle
number_2 Two candles marking higher lows to the right
number_3 Candle breaking the low of the fractal candle number_1
As you can see in the chart above, the last fractal to be broken was a down fractal. This suggests the market is bearish, meaning traders should be looking for selling opportunities.
The next example shows when the price has broken an up fractal:
http://d1298eg8eju4xv.cloudfront.net...ng?v=424866601
number_1 The fractal high candle
number_2 Two candles marking lower highs to the right
number_3 Candle breaking the high of the fractal candle number_1
The chart above demonstrates that the most recent up fractal was broken. This suggests the market is bullish, meaning traders should be looking for buying opportunities.
Fractals tend to be more reliable indicators of direction when used with longer time frames than with shorter time frames.
Using fractals for stop loss placement
Traders also often use fractals to decide where to place stop loss orders.
For example, when entering a short position you can use the most recent up fractal to place your stop loss.
Traders usually use the tip of the actual fractals indicator for this, rather than the candle itself, as shown on the chart below:
http://d1298eg8eju4xv.cloudfront.net...g?v=2314071736
sl1 Stop placed at the tip of the fractal
As you can see above, despite the fact that there are many up fractals on the chart, the most recent one is used to place the stop loss.
When entering a long position you can use the most recent down fractal to place your stop loss order, as shown on the chart below:
http://d1298eg8eju4xv.cloudfront.net...ng?v=119801457
sl1 Stop loss placed at the tip of the fractal
You can see how it is the most recent down fractal that is used to place the stop loss.
Summary
In this lesson, you have learned ...

 

1. ... a fractal is an indicator that shows a potential reversal point in the markets.
2. ... they form when a particular price action happens on a chart.
3. ... the pattern is composed of five candlesticks.
4. ... an up fractal forms over a candle that has two candles to the left and the right with lower highs.
5. ... a down fractal forms under a candles with two candles to the left and the right that have high lows.
6. ... fractal indicators can be used to determine the direction of the market when the price breaks through the highest high or the lowest low of the pattern.
7. ... fractals can be used to place stop losses.

Comments from Benjaminis: Now you have some NEW Technical Tools to work with if these three indicators that I have shared today are new to you.

I found them on my own and they are very very helpful to me and I would not say my strength is in the technicals however with these three added it lets me enter and exit trades quicker.

For every $50,000 US Forex Funds that I trade my daily average of trades is around 25. That amounts to 500 a month. One of the KEYS in this volume of Forex Trading is to trade between the Tops and Bottoms and if they are broken by moving your LIMIT OUT MANUALLY, then you can continue to LOCK IN GUARANTEED PROFITS.

PLEASE SHARE WITH ME YOUR FEEDBACK because that is the only way that I know you are learning and understanding. Thank you for your cooperation.

Thanks KeepCalmfx

You are a great help to me and I appreciate it very much.


Benjaminis

From post 699 Great !!! Thanks !!!

Benjaminis

Morning Thoughts - Daily FROM POST Number 665 of January 1, 2017 on page 34 of this Thread.

Today is the first day of the rest of our lives so along that line of thought, the first thing that I will address in my morning thoughts is an email that I received yesterday from one of our "piphunting" Forex Factory traders.

My real name is Benjamin however some here post under the names they choose to be seen as here so unless I have permission from them I always use the name that is shown on Forex Factory.

Now to the email which allows me to answer the questions and comments made to me.

I first want to talk about having an EDGE. Fundamentals by themselves is not an EDGE. However using Money Flow between Asset Classes from here on I will include in my basket of 100% of what a winning Forex Trader needs. I will not refer to it as a fundamental anymore since new people coming to this thread put my method as including Money Flow as a fundamental which it actually is however not in the same way as most people understand Fundamentals.

This week we will get to see Non Farm Payroll (N F P) and as any experienced Fundamental Forex Trader knows it usually is a fantasy number created by the BLS however next to a FED rate announcement it is the one number that can move markets hundreds of PIPS in seconds and minutes.

Whatever the number Trillions of Fiat Currencies and other Asset Classes will start to change values as we "SEE" the Money Flow. That is why I call it my EDGE and once you know it and understand it well then it becomes your EDGE as well.

Here are the 5 important things that any Forex Trader that belongs to the minority of constant profitable Forex Traders , which I have named , The 5% Club needs to have. Of course in my opinion, I would think that very few Professional Forex Traders use the EDGE. Of course when you know about it then anyone can use it.

Each of the following five important things which I have given a weighting of 20% to each makes up what a profitable Forex Trader needs to have in order of IMPORTANCE.

(1) The ability of the Forex Trader to control their FEAR and their GREED and their EGO. Perhaps the last one is the most important of the three since the MARKET is always right. Using Money Flow puts you with the Market instead of against it as your Forex Account keeps losing the value in it.

The reason that I teach Forex Traders whether experienced or new to Forex trading with a $50,000 US Dollars Demo Account is because that is how I learned my trade starting during 2003. By learning to trade with $50,000 US Dollars in Demo Funds, then I had no FEAR or GREED. However after 3 years of Forex Demo Trading I surely had EGO since month in and month out my Return On Investment (ROI) was constantly over 10% a month or 120% a year.

(2) Money Flow. I have now explained why.

(3) Risk Management. That is next to Money Flow the KEY element of my Forex Trading since when you blow your account whether you are trading with too little capital as the majority of Retail Traders are or because of a Black Swan event such as Brexit or Europe banking issue such as we have in Italy at the moment or the Swiss Central Bank as they did a few years ago say one thing and then next moment announce a major change in their policy and 500 PIP movements happen in seconds. The absolute MINIMUM Forex Account that I would and could trade with would be $10,000 US Dollars. I would be glad to answer questions as to why although most will understand. What if you do not have $10,000 US Dollars trade with ? Prove to yourself that you have the skills and the knowledge to trade with profits then you will have no problems finding funds to trade Forex with. After my 3 years of Forex Demo Trading, I went out and found 6 clients that first deposited initially $50,000 US Dollars and within 3 months along with the profits that I was generating in my first three months of Forex trading from March 2006 to June 2006, I was managing well over $100,000 US Dollars.

(4) Technical Indicators which includes all parts of it whether Support and Resistance or Supply and Demand or Pivot Points. I use when I do daily trades the 5 Minute Charts along with the 15 Minute Charts and 30 Minute Charts to go along with the 4 Hour Charts. When you toss a rock in the river the first ripple is the 5 Minute Chart and then on to the 30 Minute and the two others. I use other indicators aside from the standard ones which are SAR and Fractal and Awesome Oscillator. The most important one that I look at when I enter into a Forex Trade is Support and Resistance so if I am going long or short I enter either at the TOP or BOTTOM of the Chart that I am using. Of course my Risk Management protects me from Human Errors or EGO.

(5) Fundamentals. I am fairly sure most of those reading my words today or whenever they read it might be surprised how a Forex Trader such as myself who posts a tremendous amount of research can list fundamentals as number (5) in order of importance. It is the research that allows me to clearly understand the difference between PERCEPTION (Markets) and REALITY (Research) Then I know what will most likely happen in the future and I am better prepared to deal with it.

I hope that this post of my daily Morning Thoughts answers some of your questions both for the 9 Forex Traders using the $50,000 US Funds Demo account with FXCM UK or anyone else. There is no reason that an experienced trader reading this thread or anyone else to not open a $50,000 US Dollars FXCM UK account so they can use the knowledge that we share here to learn new things and try them without having any FEAR of LOSS !!!

As always , I look forward to feedback and thoughts and anything that you care to share with us on our Thread.


Benjaminis

Comments from Benjaminis: As I am quickly moving to my commercial website over the next three months after the normal beta testing then the information that I just posted here again will be prominent since it explains as clearly as I can make it what is the SECRET to Forex Trading Profits. Please let me be clear this is NOT a Holy Grail system since that does not exist other than in a Monty Python skit.

This METHOD was developed by myself over the last 13 years of hands on learning. There is a great opportunity for you to become a professional currency trader if you have the necessary skills. That is solely up to you not myself. I am not smarter than everyone else. However because of my love and passion for trading Forex I have reached this stage in my life. I want to give back to the Forex community especially the Retail Forex traders that have almost no chance to succeed for many reasons and the least of those reasons is because they are stupid or uneducated. I myself never graduated High School and that for me is why I learned better than most because I was not trained to NOT THINK OUTSIDE OF THE BOX !!!

I look forward to great success this year and for that to happen it is partly up to you. I will teach you how to fish then the fishing is all up to you. !!!

http://www.visualcapitalist.com/category/money-2/

http://www.visualcapitalist.com/most...rrencies-2016/

The Chinese yuan is now the 8th most traded currency in the world, for a total share of 4.0%.
That means its share has doubled since the 2013 BIS report:

Rank Symbol Currency 2013 Share
1 USD U.S. Dollar 87.0%
2 EUR Euro 33.4%
3 JPY Japanese Yen 23.0%
4 GBP British Pound 11.8%
5 AUD Australian Dollar 8.6%
6 CHF Swiss Franc 5.2%
7 CAD Canadian Dollar 4.6%

Hi Benjamin - the support and thought methodologies are invaluable and i thank you for all the input across this forum, is there any possible webinairs/online get to gethers where the community forex traders can see the approach first hand ??

mrmkg01

mrmkg01

Thank you for your question. My suggestions are as follows;

(1) Once my corporate website is up and running that will be quite easy to do. I have good contacts with the industry. In the meantime the more Forex traders that either subscribe to the thread so that they follow it, or for so many of the Forex traders that pass by and since they have not registered with Forex Factory as yet then they cannot post their comments or ask questions and I encourage all of them to do that.

(2) In many ways you and our other Forex Traders that post here on a regular basis have in effect a 24 hour webinar since it is always live and of course interactive.

(3) Any suggestions that you have or others have will be appreciated.


Benjaminis

http://www.zerohedge.com/news/2017-0...ops+to+zero%29

Snippet:
As part of his just released 2017 outlook, JPM's Michael Cembalest, chairman of markets and investment strategy, notes that while "political upheavals and unorthodox central bank actions persist" he prdictes "more of the same in 2017: single digit returns on diversified investment portfolios as the global economic expansion bumps along for another year." Of course, the alternative is a recession call, which considering the current expansion will be the third longest in US history by the time Trump is inaugurated in less than three weeks, is probably not too farfetched.

Something else, however, caught our eye: the same observation that was considering "fake financial news" less than a decade ago, and is now part of the mainstream jargon - the following statement by the JPM strategist:
“True Believer” central banks have created unprecedented distortions in government bond markets. Bond purchases and negative policy rates by the ECB and Bank of Japan led to negative government bond yields. Whatever their benefits may be, they also resulted in profit weakness and stock price underperformance of European and Japanese banks. The poor performance of European and Japanese financials was a driver of lower relative equity returns in both regions in 2015/2016.

We agree, and now that these "True believes" are being phased out - at least in mental models, and if only for the time being - replaced by hopes that Trump's still undetermined fiscal policies and a global push for reflation will somehow bootstrap the global economy groaning under trillions in excess debt, and swamped by a demographic picture that is massively deflationary, we are far less sanguine about the "single-digit gains" forecast by JPM.
In any case, here is the Executive Summary from JPMs "Eye on the Market" outlook for 2017, a preamble to a far longer piece noted below.
* * *
Political upheavals and unorthodox central bank actions persist, but it looks like more of the same in 2017: single digit returns on diversified investment portfolios as the global economic expansion bumps along for another year.
How we got here. By the end of 2014, central bank stimulus lost its levitating impact on markets, GDP and corporate profits, all of which have been growing below trend. Proxies for diversified investment portfolios generated returns of just 1%-3% in 2015 and 6%-7% in 2016
http://www.zerohedge.com/sites/defau...cemb%201_0.jpg
The biggest experiment in central bank history ($11 trillion and counting as of November 2016) helped employment recover in the US and UK, and more recently in Europe and Japan. Across all regions, however, too many of the benefits from this experiment accrued to holders of financial assets rather than to the average citizen. As a result, the political center of a slow-growth world has begun to erode, culminating with the election of a non-establishment US President with no prior political experience, and the UK electorate’s decision to leave the European Union. The market response to Trump’s election has been positive as investors factor in the benefits of tax cuts, deregulation and fiscal stimulus and ignore for now potential consequences for the dollar, deficits, interest rates, trade and inflation (see US section on the “American Enterprise Institute Presidency”).
http://www.zerohedge.com/sites/defau...cemb%202_0.jpg
“True Believer” central banks have created unprecedented distortions in government bond markets. Bond purchases and negative policy rates by the ECB and Bank of Japan led to negative government bond yields. Whatever their benefits may be, they also resulted in profit weakness and stock price underperformance of European and Japanese banks. The poor performance of European and Japanese financials was a driver of lower relative equity returns in both regions in 2015/2016.
http://www.zerohedge.com/sites/defau...mb%203_0_0.jpg
For the last few years, I have written about a preference for an equity portfolio that’s overweight the US and Emerging Markets, and underweight Europe and Japan. This has been one of the most consistently beneficial investment strategies I’ve seen since joining J.P. Morgan in 1987 (see chart below, right). It worked again in 2016, and despite the negative consequences of rising interest rates and a rising dollar for US and EM assets, I think it makes sense to maintain this regional barbell for another year as Europe and Japan once again snatch defeat from the jaws of victory.
http://www.zerohedge.com/sites/defau...cemb%204_0.jpg
We had a single digit portfolio return view for 2015 and 2016 (which is how things turned out), and we’re extending that view to 2017 as well. There are some positive leading indicators which I will get to in a minute, but first, the headwinds:

1. While global consumer spending has held up, global business fixed investment remains weak, in part a consequence of the end of the commodity super-cycle and slower Chinese growth
2. We expect the emerging market recovery to be gradual, particularly if Trump policies lead to substantially higher interest rates and a higher US dollar
3. We expect a near-term US growth boost (amount to be determined based on the composition of tax cuts, infrastructure spending and deregulation), but trend growth still looks to be just 1.0% in Japan and 2.0% in Europe
4. The global productivity conundrum continues, leaving many unanswered questions in its wake
5. Even though private sector debt service levels are low, high absolute amounts of debt may constrain the strength of any business or consumer-led recovery

http://www.zerohedge.com/sites/defau...cemb%205_0.jpg

1. And finally, even before Trump takes office, we’re already seeing a rise in protectionism as global trade stagnates. The degree to which Trump follows through on campaign proposals on trade is a major question mark for 2017

http://www.zerohedge.com/sites/defau...cemb%206_0.jpg
So, with all of that, why do we see 2017 as another year of modest portfolio gains despite the length of the current global expansion, one of the longest in history? As 2016 came to a close, global business surveys improved to levels consistent with 3% global GDP growth, suggesting that corporate profits will start growing at around 10% again after a weak 2016. More positive news: a rise in industrial metals prices, which is helpful in spotting turns in the business cycle (see Special Topic #8).
http://www.zerohedge.com/sites/defau...cemb%207_0.jpg
Furthermore (and I understand that there’s plenty of disagreement on the benefits of this), many developed countries are transitioning from “monetary stimulus only” to expansionary fiscal policy as well. Political establishments are aware of mortal threats to their existence, and are looking to fiscal stimulus (or at least, less austerity) as a means of getting people back to work. The problem: given low productivity growth and low growth in labor supply, many countries are closer to full capacity than you might think. If so, too much fiscal stimulus could result in wage inflation and higher interest rates faster than you might think as well. That is certainly one of the bigger risks for the US.
http://www.zerohedge.com/sites/defau...cemb%208_0.jpg
So, to sum up, here’s what we think 2017 looks like:

1. A modest growth bounce in the US from some personal and corporate tax cuts, deregulation and infrastructure spending, with tighter labor markets, rising interest rates and a stronger dollar eventually taking some wind out of the US economy’s sails. If I’m underestimating something, it might be the potential increase in confidence, spending and business activity resulting from a slowdown in the pace of government regulation
2. A little better in Europe and Japan in 2017, but no major breakout from recent growth trends
3. China grows close to stated goals, supported by multiple government bazookas firing at once
4. Emerging markets ex-China continue recovering after balance of payments adjustments; while countries with high exposure to dollar financing will struggle, overall risks around a rising dollar have fallen markedly since 2011
5. The world grows a little faster in 2017 than in 2016, but as shown above, a lot of that is already in the price of developed market equities. So, another single digit portfolio year ahead

* * *
Comments from Benjaminis: That is the consensus of one of the major players that are part of the problem not the solution. The MARKETS will take care of the solutions which whenever it happens is a major meltdown. Most of the other views that are posted here deal with the REALITY and not the PERCEPTION promoted by those with their hidden agenda. As always feedback and questions are welcome and no question is wrong as that is the only way that we learn and grow and profit.

https://dailyreckoning.com/nomi-prin...y+Reckoning%29

Snippet:
Nomi Prins: Central Banks and the Artisanal Money Era

Financial journalist and bestselling author, Nomi Prins disparages on what the future of the global financial system will look like in what she has defined as the Artisanal Money Era. In attendance at the Library at the Royal College of Surgeons in London, together with affiliates at Agora Financials UK office, she unleashed in depth analysis on central bank policy and what it means for the U.S, Europe and the global financial environment.

While in discussion at the beginning of December she started out by noting, As long as these the central bank leaders are still in their positions the same or similar policies will continue. They really dont know what else to do. To abandon them now, particularly when they have not been working, would be an admission. There will also still be an evolution of politicians that will not want to change from the status quo.

The author is a former Wall Street insider who worked in senior levels at some of the largest and most powerful banks in the world including Goldman Sachs, Bear Sterns and Lehman Brothers. She has authored investigative works including her most recent book All the Presidents Bankers. The economist and author is currently working on her latest book, Artisans of Money, estimated to be out later this year.

With former members of UK parliament in attendance in addition to a wide number of financial industry guests she noted, These alliances have not just political implications, but trade and economic ones. The private banks, in particular the U.S private banks and to a lesser but still important extent the EU banks, were the catalyst for the global financial crisis. Many of them are now being subsidized by the central banks and the new world we are in right now.
Prins then went on to pointedly remark, Why is this all happening? We had a financial crisis. It was scary for a lot of reasons. It was started in the United States. The biggest six banks in the United States have not really suffered in the wake of this financial crisis. The biggest six banks were at the core of the financial crisis are now 86% bigger in terms of assets, they are 43% bigger in terms of deposits. They have more tract in the derivatives market. They have more tract terms of the trading assets market. They are simply more powerful than they were before. They are continuing to be batted with settlements for crimes ranging from mortgage related crimes (the crux of the crisis), to libor scandals, to rigging foreign exchange to scamming customers. These crimes manifest in several ways, as we saw when Wells Fargo, one of the big six U.S banks, charged fees to its customers that they did not even have.

Speaking on the artisanal money generation Prins said, These banks have only been subsidized by, first our federal reserve and then internationally the cooperation of central banks in a way that has never existed before. In the wake of our crisis, when the Federal Reserve brought money down to zero, they created Artisanal Money. It is not actually printing money. It does not require physical activity. It is the idea of creating money in all sorts of different ways to make its availability easy, its cost zero (or negative), of buying bonds (to continue to support government debt). They have made a policy supporting government debt by moving it to the central banks in terms of purchasing. These central banks have created a whole dislocation of the nature of pricing in every single asset class.

Through her analysis on this artisanal money policy Nomi Prins then noted that, They have created an additional supply of money to go and find the most speculative places whether that is the stock market, or whether that is junk bonds that now trade at the levels of high grade bonds. These practices create risk around the world. When the Federal Reserve decided to do this, which was a bipartisan in action, they decided to fund instead of fix what we saw collapse in the financial crisis. What was then a crisis management solution has continued for 8 years and has now gone global.


All of the manifestations of behaviors by central banks, private banks and politicians have been reactionary to the 2008 crisis. That has related to things that have occurred now. This includes the vote for Trump, BREXIT, the Italian vote. We have seen a shift in financial and political power from the west to the more of the east with an evolution of China as a superpower. This will only continue in the future.


Comments from Benjaminis: Over the last 20 years or so , I have located hundreds of information sources that you cannot find talked about much in the financial papers or sites like CNBC although some there do go against the flow. However unless you can read and study and compare it is much harder to find out the TRUTH !!!

The TRUTH relates to REALITY and the rest although quite powerful is only the WRONG PERCEPTION.

We will all soon unfortunately see the REALITY. Since we did not cause it then we have the opportunity to protect ourselves and profit from the knowledge.

And now a word from the President Elect of the USA.

China has been taking out massive amounts of money & wealth from the U.S. in totally one-sided trade, but won't help with North Korea. Nice!
From @realDonaldTrump

BREAKING NEWS !!!

Benjaminis

http://www.zerohedge.com/news/2017-0...-usd-debt-bomb

Snippet:
What is Janet Yellen thinking?
The Yellen Fed raised interest rates again in December 2016.
More than this, Yellen has promised the Fed will be raising rates THREE times in 2017.
This is astounding when you consider that the Fed is promising this at a time when the $USD is at a 13-year high.
http://www.zerohedge.com/sites/defau.../23/sc-1_1.png
Janet Yellen is playing a very dangerous game here. There is simply no logical explanation for what she’s doing here It’s madness.
A strong $USD hurts:
1) Corporate profits (47% of corporate sales from abroad).
2) GDP growth.
3) Bonds (debt deflation).
4) Mortgages and home refinancing.
5) US manufacturing.
And more.
Indeed, there are few if any benefits to a strong $USD in the current fiat, debt-based monetary system the Fed is managing. Pushing for three rate hikes with the $USD at 102 is like pushing your friend to drink three more beers when he’s already got alcohol poisoning.
Moreover, the Fed tried this whole “we’re going to raise rates 3-4 times in the next 12 months” scheme just one year ago. That triggered a 10% drop in stocks in just two weeks’ time.
http://www.zerohedge.com/sites/defau.../23/chart2.jpg
My point is this… a strong $USD does NOTHING good for the economy, nor for the corporate sector. And it’s not like the Fed can claim ignorance of this as we went through the exact same situation this time last year!
Finally, there is the $USD denominated debt to worry about.
Globally there are over $52 TRILLION in $USD-denominated debt sloshing around. This is an amount equal to nearly 70% of GLOBAL GDP.
ALL OF THIS IS AT RISK WITH THE $USD SURGING HIGHER.
Another Crisis is brewing… the time to prepare is now.

https://www.mises.ca/the-dollar-is-not-forever/

Snippet:

1 Historical context

At Bretton Woods in 1944 it was agreed that the US dollar should serve as the worlds reserve currency for international trade settlements. Americas undertaking to maintain convertibility into gold at $35 dollars to the ounce facilitated this agreement. Despite setting up the International Monetary Fund (IMF) with the explicit duty to monitor Americas adherence to this rule, the US Treasury and the Federal Reserve, its central bank, inflated the economy with printed dollars throughout the ensuing two decades without reference to its gold reserves.

By 1971 the idea of dollar convertibility into gold at $35 per ounce had become a distant memory of a bygone age of sound money. Professor Barrons own estimate is that by 1971 the relationship was closer to $400 to an ounce of gold, a debasement of 90 per cent over 27 years of flagrant monetary abuse. It reached the point when foreign central banks (initially the Banque de France) attempted to put Americas redemption promise to the test, and President Nixon responded by simply taking America off the gold standard rather than face further depletion of Americas gold reserves.

Despite this the dollar remained the worlds recognized reserve currency, largely because the worlds other central banks had also succumbed to the inflationary drug habit. Nevertheless, after years of persistent and unrelenting debasement by the Fed, the worlds central banks are at last beginning to question the value, in terms of purchasing power, of all those dollars they are holding.

2 The role of US Treasury Bills
At the present time, central banks all over the world are holding dollars in the form of Treasury Bills, secured by the Fed on the basis of nothing more substantial or visible than a promise to redeem them. These dollar-denominated instruments represent debts owed by the US government to foreign holders of the bills, who purchased them with the dollars received as payment for goods and services exported to the USA.

Despite all the doubts concerning the dollars true worth, these American debts will continue to mount for as long as overseas suppliers are prepared to accept dollars in settlement of their exports. As it happens, those overseas suppliers have a powerful vested interest in maintaining the status quo, no matter how inherently fragile it is: if trade with America slowed or ceased because the dollar was no longer trusted as a repository of full value, and hence became unacceptable as payment for goods and services, a serious bout of unemployment in European and Far Eastern factories might follow.

3 Redeeming the dollars
Trading nations are made up of countless trading entities within their borders, all acting out of self-interest or what they consider will give the best result for them. There is no place for altruism in big business! But no matter how complicit Americas trading partners have become in the pretence of dollar credibility, decades of wanton debasement by the Fed have inevitably taken a huge toll on its purchasing power, both in America and abroad. Being understandably more circumspect now, its trading partners are beginning to question the sense of holding dollar denominated US Treasury Bills as payment for their goods and services.

The Treasury Bills representing Americas trading debts generally carry a redemption date, although it is usual simply to roll them over for a further term of, say, 10 years. But the time will come when overseas holders of US Treasuries (as they are called), instead of extending debts by rolling them over, will opt instead to redeem the bills for a cash deposit at a bank of their choice. The redeemed dollars will simply come home to the Fed, risking an inflationary tsunami commensurate with the speed of redemption pursued by other central banks around the world.

4 Could Chinese Yuan replace dollars?
It is idle to speculate on what could replace the dollar as the most favoured international settlement currency, or what might prove the catalyst to trigger such a change. But there certainly are contenders in the field, including the Chinese Yuan. The Chinese financial overlords are utterly inscrutable in terms of both their intentions and their methods. Using covert financial operations they are able to manipulate the pricing of the goods they export to the West, to the mounting frustration and annoyance of governments, particularly the USA, whose citizens complain continually about the loss of domestic jobs due to cheap Chinese imports.

The Chinese government is able to exploit the absence of civil liberty by keeping wage levels lower than in Western countries. The common cry from American (and other) manufacturers is that this leads to unfair competition but they always have the option to switch their production to areas of alternative specialism and expertise. And there is also the question of quality. If cheap Chinese garments have created a market in throw-away clothing, that can only be because there was a latent demand for it. After all, every buyer has the choice to acquire goods of higher quality, albeit at higher prices. The answer is not to attempt a tit-for-tat remedy such as erecting a tariff wall against Chinese imports. That would serve only to punish American consumers who dare to buy cheap Chinese goods. Action and reaction is rarely a valid economic solution!

5 Chinese gold bug
We know precious little about what the Chinese government is really up to, assuming it does indeed have a grand plan. But we do know that (i) the Chinese appear to have unashamedly merged their historic socialist operating model with a thrusting capitalist ethic; (ii) they do not appear to have indulged in the style of monetary laxative that central banks in the USA, UK, EU and Japan have pursued, almost to destruction, over the past eight years; and (iii) they have been bitten by the gold bug big time.

Estimates are inherently unreliable, but many believe that China holds gold reserves of as much as 20,000 tonnes, compared with USA holdings of only 8,200 tonnes. China hoards all the gold it is able to produce, while also buying as much as it can. Read into that what you will, but the Chinese, like the Indians, know that gold does not deteriorate and is therefore virtually everlasting. Just think if they were to declare a sustainable link with gold, the Yuan would become that rare commodity these days, a reliable store of value. As such, it could easily become the preferred settlement currency between nations.

6 What about Germany?
Closer to home, European fallout could be the trigger for a monetary shake-up. The UK may be the first country to have taken the once unthinkable step of leaving the European Union, but I would not bet on it being the last. At this very moment France, Germany, Netherlands, Norway and Luxembourg are preparing for national elections in 2017, and Italy is about to stage a referendum on far-reaching constitutional reforms. Nothing can safely be ruled out or taken for granted as both the UK referendum and the American election have already shown.
A German exit from the EU may seem improbable right now, but we should remind ourselves of the strength of popular German opposition to joining the Eurozone in the first place.

Because of Germanys role as aggressor in two world wars, our former allies were understandably reluctant to endorse the reunification of East and West Germany in the 1990s. Certain members of the present administration may deny that there was a link between (i) acceptance of German reunification and (ii) the switch from Deutschmark (DM) to Euro, but there is contemporaneous evidence that reunification of Germany would have been strenuously resisted certainly by the French without a positive move by Germany in the direction of European integration.

Either way, it happened!


7 Strength of the Deutschmark
After the symbolic fall of the Berlin Wall, Germany became a united country, and the DM gave way to the Euro. The point to note, however, is that from its outset in 1948, the DM had appreciated in terms of purchasing power against the US dollar. In the early 1970s, for example, one dollar could be exchanged for 1.75 DM. Ten years earlier, however, one dollar had yielded 3 DM showing that over a mere 10 years there was a decline in the dollars purchasing power of over 70 per cent. The shape of things to come!

Germany, unlike its Eurozone neighbours, achieves a budget surplus year after year. The European Central Bank (ECB) holds this surplus, denominated in Euros, where (via the Target2 settlement system) it supports Eurozone economies that have perennial budget deficits. Germany thus lacks autonomous control over its own surpluses and is, in effect, supporting the rest of Europe.

8 Hamstrung by the Euro
Holding huge reserves in Euros, one the worlds most fragile currencies, is hardly conducive to financial security. The Euros weakness is not surprising, however, considering the massive doses of money printing (quantitative easing) inflicted by ECB chief Mario (whatever-it-takes) Draghi, in strict accord with his absurd kick-start Keynesian policies. But, for as long as Germany is in the Eurozone straightjacket, there is nothing it can do about that.
[Readers may be surprised to know that, even after so many years, billions of DM are still in circulation. The money can be exchanged at the German Bundesbank, and in some shops you can still pay for your purchases with DM. Indeed the exchange rate of DM into Euro was, and still is, fixed at 1.96:1]

At the time of conversion from DMs to Euros the German people, never forgetting the ruinous hyperinflation of the 1920s, were deeply apprehensive of losing their stable DM and replacing it with a currency susceptible to high rates of inflation.

Their fears were well founded. Since the financial crisis in 2008, the Euro as a stable monetary system has been seriously called into question and the future of the Euro in Germany remains uncertain as more and more Germans call for a return to the DM. Quite simply, they have had enough of paying off the debts of countries that persistently run their economies at a deficit. Recent polls show a majority of Germans favouring the DMs restoration.

9 If Germany abandoned the Euro
If Germany were to depart the Eurozone and reinstate the DM other countries would undoubtedly follow, in all probability adopting the DM rather than their old, discredited, drachmas, lire, francs, escudos and pesetas. Naturally, this would spell the demise, once and for all, of the Euro. But such a move could take place only if Germany is able to inspire the trust of its trading partners that the Bundesbank will maintain the integrity of the DM and not fall victim to the old inflationary temptations.

Note that Germany itself has sufficient gold reserves to tie the DM to gold and establish an honest redemption market where it would buy gold and issue DMs, and redeem DMs for gold. Such an action on the part of the Bundesbank would force the Fed to abandon its policy of printing fiat money, and follow the German lead. A sound DM would serve as an excellent role model for the dollar and would demonstrate the madness of debasing the currency by more and more printing.

A market correction leading to a transition to sound money would be both disruptive and painful but that is inescapable when the market at last recognizes the fraud in the current system and restores the world to an honest financial basis. It would, at very least, demonstrate to the American people indeed the world that saving, rather than creating still more fiat money, is the route to solvency.

Comments From Benjaminis: If you have any questions please ask. Now you are more informed then most people are. I suggest that you print and save this article.

Gold moving tonight !!!

5 Minute Chart from Finviz

http://finviz.com/futures_charts.ashx?t=GC&p=m5

USD/JPY 5 Minute Chart from Finviz

http://finviz.com/forex_charts.ashx?t=USDJPY&tf=m5


I will be back in about 4 or 5 hours.


Benjaminis