Money Flow Trading Method along with Risk Management

This information is from my post 900 from page 45 of this thread posted on January 6, 2017.

I want to put it on this post since I did much editing and I want to make sure everyone sees all of it. Please share with me your thoughts and comments so I understand what you are thinking and if you need clarification of what I have said.

One of our posters, vladimir8686 who opened a FXCM UK $50,000 US Funds Demo Trading Account did not appear to agree and I hope my assumptions are incorrect. It seemed that he did not understand the point of all this that is done here on this thread.

That is why we all do things the way that we are programmed whether they really work in the end game or not and my remarks are not of a personal nature just sharing my own thoughts.


HEADS UP !!!

What I said probably would happen has now happened. Have a look at the 5 Minute Chart on US 30

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

US 10 Year Bonds

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

US Dollar Index

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

EUR/USD

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

USD/JPY

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


Comments from Benjaminis: What I just shared here now only comes from EXPERIENCE.

You do not need to take all the years and work that I put in to my business because I just shared another Trick of the Trade that you can now use every month during 2017. When the NFP number is OFF either High or Low then it is better for trading Forex since the swings are more extreme. I also want to make it clear that using Technical Indicators is NOT VERY IMPORTANT. My point it does not LEAD and it only follows so if you use it as your LEAD then it just might LEAD you to the Poorhouse. I hope not and that is why I love teaching and sharing my knowledge.

We just had news released at 10 AM so now that is another FACTOR into the Markets that now again will change the MONEY FLOW !!!

I again repeat the following;

http://www.forexfactory.com/attachme...3&d=1483711281

Does it tell you if EUR/USD is going to 10400 ?

I am only pointing this out because I know it is true what I teach here.

Our Overall Strategy as follows;


(1) 20% is the Forex Trader.
(2) 20% is Risk Management in case the Professional or Retail Forex Trader makes the wrong trading decision.
(3) 20% is the EDGE that lets you trade with the markets and NOT AGAINST them because the MARKETS WIN EVERY TIME !!! (MONEY FLOW)
(4) 20% is the Technical Indicators which includes Supply & Demand, Support & Resistance, Pivot Points or any other technical indicator used.
(5) 20% is the Fundamental News released every day for everyone to see at the same time whether they are real or FAKE NEWS !!!

Notice how the two most common ones used by all Forex traders are Technical Indicators which includes Supply and Demand and Support and Resistance and Pivot Points or whatever system that has been developed in that field is number FOUR and Fundamentals is ranked number FIVE.

Comments from Benjaminis: I want it clearly understood that I am not against using all the excellent tools of Technical Trading. However to constantly make money in your business of trading Forex, if that is what you really want to do then you need to do it properly.

Perhaps this way is too much work and that is OK and if your results are good using another way then you surely should stick to that.

Benjaminis

http://www.forexfactory.com/attachme...9&d=1483532159

From Post 800 and after you read this please click on the link above in order to see a VISUAL CORRELATION of Money Flow.

In the meantime please read this post very carefully and then you will have my explanation already given. Please post any follow up questions. Thank you.

Benjaminis

Our next Possible trade today is after the FOMC Minutes in 42 minutes !!!

Morning Thoughts - Daily

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.

From post 789 January 4, 2017.

From post 665 for vladimir8686 and others.


Morning Thoughts - Daily

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.

From Post 808 - Brief Explanations.

Another Factor which is EUR/USD !!!

Since it makes up 57.6% of US Dollar Index.

5 Minute Chart of EUR/USD from Finviz

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


Thanks for the explanation on correlation and Money Flow wayfarer. Trading Forex professionally cannot be done in a vacuum. Call it CAUSE and EFFECT !!!

The MONEY FLOW moves the markets and NOT the Technical Indicators. Fundamentals CHANGE PERCEPTIONS.
Our Knowledge lets us UNDERSTAND the DIFFERENCE between PERCEPTION and REALITY.
Risk Management protects our CAPITAL if we are wrong and WE are WRONG at times since the Markets are always RIGHT !!!

Finally PRACTISE without FEAR lets us learn good Trading Habits.

Any Questions anyone ? Any Questions vladimir8686 ?



Benjaminis

From Post 841 of January 5, 2017

Morning Thoughts - Daily

Published on Dec 20, 2016
There is a record bubble in bonds, and money manager Michael Pento warns, “Where’s the 10-year Treasury right now? It was 1.3%, and now it’s around 2.6%. We’re going to 4% on the 10-year Treasury. That, by definition, is an absolute bursting of the bond bubble. The problem is this: All assets are priced off of the ‘risk free’ rate of return, ‘risk free’ rate of return on sovereign debt. All asset prices were priced off 1.3% of the 10-year Treasury, or a negative 40 basis points on the Japanese 10-year, or negative yielding German bunds, all assets, and yes that includes real estate and stocks. So, the bond bubble is epic. It is that big in proportion, and it is now bursting.”

Pento goes on to warn, “The real estate market is starting to go off-line. If you look at new home starts, they were down 19% in November month over month. There is no more refinancing market. It’s gone off-line. The initial purchase applications have flat lined. . . . As the housing market goes, so goes the economy. While the Dow and the S&P 500 have surged after November 9th, after Trump was elected, emerging markets are down 8%. . . . The emerging market economies and their currencies are crashing, and that is where I see the epicenter of the bubble breaks.”

In closing, Pento says, “This stronger dollar and this rise in Treasury yields is not going to last very long. They are going to have to reverse course. When they do, they are going to temporarily bring that yield back down. They are going to create unprecedented inflation like you have never seen before--even worse that the 1970’s. You are going to want to have gold at that juncture.”

Join Greg Hunter of USAWatchdog.com as he goes One-on-One with Michael Pento of Pento Portfolio Strategies.

All links can be found on USAWatchdog.com: http://usawatchdog.com/early-2017-rec...

Comments from Benjaminis: When we ignore the realities and do not prepare then we pay the price. I used this as my morning thoughts since what is happening today in the financial markets has been highlighted on this thread since December 3, 2016 when I started it.

I now am going to address the remarks that I read this morning from vladimir8686 not in a personal way towards him in any way, just to make a very important point about what I am trying to teach here.

Most people have programmed themselves to think in a certain way and that is called human nature. The importance of having an open mind to new things is most important. The most important thing that all traders need to learn is to have control of your EGO. Your EGO states that it is YOU who is right and everyone else needs to be wrong. Therefore YOU whoever you are will find it most difficult to learn things in a different way.

Again my remarks concerning vladimir8686 can apply to many others. When I first read his reply this morning my first reaction was to just pass it by. Then I saw an excellent reply by piphunting and I went to take care of other matters in my life. Now I can reply to him and share my Morning Thoughts with anyone that comes to this thread to hopefully learn new things.

The reason that I had no interest in replying then was because I had no idea how to do it. Then it became very clear to me what the problem was and what the solution is. With NO DISRESPECT to vladimir8686 , what he did is what people do to make their point and only their point. THEY CHANGE THE SUBJECT TO DEBATE and that will never solve the problem since we need to learn with an open mind not debate.

Now I can give answer in a proper manner to everyone here. To do that I will just say since it has been said almost from the start of my thread on Money Flow Method and Risk Management. In order to achieve your goals of making money in the business of trading Forex then you need to learn all the elements that make up the whole package. Some people just are not capable for whatever personal reasons that they have.

The absolute proof of that is the excellent results and harmony that exists on our thread and that CREDIT goes to all of you that have got to this point with great results. The interest and the desire and the ability and the investment of time and effort is there so then the success is there.

The ADP number just came out and it was below expectations. The Dow Futures were down before this news came out. We see overnight now what happened in China and where USD/CNH is at the moment. We saw what happened to USD/JPY and what happened we were prepared for with our overall plan of action.

All your positions should be closed before the end of the day as we await a complete unknown that will move the markets.

That is Non Farm Payroll (NFP) coming out at 8:30 AM on Friday , January 6, 2016.

As always your feedback is appreciated and needed so we all are on the same page of the book of life and Forex trading that WE are writing together.


Benjaminis

From Post 844 of January 5, 2017 posted by KeepCalmfx who has posted in his own words what he has learned and how he is using what he learned to improve his results. Thank you KeepCalmfx for making my job easier and fun.

Quoting BenjaminIs
{quote} Hello KeepCalmFX and raveon and anyone else that can explain what you have learned. We have two answers now , mine and wayfarer. Some of the others are not online !!! We do nothing for the moment not until at least 2:15 PM after the FOMC Minutes are released in 8 minutes. Then I will return and suggest your first trade.


Here is what I have learned so far.

1stly by having a $50 000 demo account, you eliminate your chances to trade with Fear, when you trade with fear, you don’t think rationally and clearly, so by getting the fear out of the way, you can start to subconsciously form positive pathways in your brain that confirms every month by making a consistent profit that you can make a consistent profit each month indeed. So after 3 months to year trading on a demo account a certain strategy/way it becomes second nature, later you just see the perfect setup with the money flow, within the trading plan and you don’t think twice to enter. So I believe then you would be able to treat your live account as the Demo account you trained on. Just my opinion.
“You must have the desire, the interest and the DISCIPLINE to control your FEAR and your Greed otherwise you will lose” You must also control your EGO, if you have a few winners, then don’t think you know what the markets will do next, the next trade could be a loss, so you must have the disciple to stick to your trading plan, also don’t increase your position size now because you had a few good trades, the next loss may be just around the corner. The market is always write and the trend is your friend.
Through doing research you become aware of newsletters/blogs/sites/writers you can trust for their honest opinions, the facts, so the reality and not perception that people want you to believe or someone else’s perception because he is bias. Like Benjamin showed us a lot of times, with his experience he came across sites and bloggers/writers you can trust more than others, because it is the truth, not his/her own perception or the way he/she wants you to think. The money flow sets the trend.
Then you take the information and start with a trading plan.
After Benjamin’s research, he came to the conclusion that for the following 3 months the main trend would be as follow for the following instruments, it can change if new factors came into play (4 trade plans):

 

1. US30 – Short (100 units)
2. JPY- Short (100 units)
3. Silver- long (100 OZ)
4. Gold- Long (5000 OZ)

For the next 3 months the market will not go short/long every hour of the day, because the market ebb and flow.
So even though the main trend is short for the US30 for the next 3 months, the market will go long/retrace at times. (We must also keep up to date with news, because if there is a drastic change our trading plans might also change.)
So each day, we start trading, we must confirm if it is risk on – market going long or if it is risk off – market going short on the US30. (We don’t look at other charts to trade, except our trade plans.)
This you can see on a 1 hour, 4 hour chart.
If it is risk on, we stay out of the markets, if we have positions open that is fine, because we have a very good Risk Management in place.
As he also explained many times, “When the markets head down and we have Risk Off the money flows into US Dollars first and then the money is parked usually into US Bonds so the bonds go up and the yield goes down. Money also flows to USD/JPY”
We should preferably trade between 2 AM EST and 5 PM EST. Benjamin start at 2 AM EST because that is when Frankfurt opens one hour before Europe fully comes on line and the Money starts to Flow again since Japan has gone home. The real action is between 8:30 AM EST and 4:30 PM EST.
The duration of a trade can be as quickly as 15 minutes to one hour or in cases where we have a DRAWDOWN longer. He take +/- 25 trades a day if I can remember corectly.
We wait for big news like NFP to see what the markets does before entering a trade. Again patience is key. When we are in profit, +/- $250 we will move our stop loss to breakeven, there after move his SL every 25 pips in profit. If the market hits our positive SL then it is fine and we move to the next opportunity.
Our risk/reward is 1:3, we add our stop loss and take profit immediately after we place an order.
We can take the profit if we have a good profit, my personal opinion, $850 - $1000 is a good profit. Like Benjamin says : “"A Bird In Hand Is Worth Two In The Bush" and ”You Can Never Lose Money By Taking A Profit” So we are not greedy in letting our profits get eaten up as the market ebb and flow, we take our cut and wait patiently for a price signal to re- enter the market.
Sometimes, especially if you have not time to watch your chart every hour/4hours and can only view it daily, then by placing a 1:3 R/R ($1000 risk, $3000 reward), you can leave the markets to do its thing, because we now have an edge, because we know the direction of the main trend.
At no time can there be more than $10,000 US Dollars of the $50,000 US Dollars in the market. This formula is 20% of the trading capital.
There is no set rule that we need three positions on each Trade Plan. What we do is to make sure that the loss on any Trade Plan since we can be wrong is 6%.
So as Benjamin said, if we are trading US30 and we enter the first position and it does go up for a while against us of say - $ 500 then we enter our second position with same 1:3 R/R, usually if not always when it turns around the last position put on whether the second or third if need be is the most profitable one. This is where the charts are very helpful as we can see Support and Resistance and also here the SAR, FRACTAL and Awesome Indicator helps very much. More on these indicators on Post 705, 706, 708.

If you have your first position on and it moves into profit and it build momentum, this is when you can enter your 2nd position. And if you are in a drawdown of say $ 500 with your 1st position then you add the 2nd one and as the 2nd and 1st one is in profit you can add your final position with moving your SL to breakeven ect.
No one knows what the market will do, all we do is enter the market with our edge (Money flow) and Technical tools, and then we have the best probability of a successful trade and watch what happen. If you take a loss, then it is fine, not all of our trades will be winners, you will never have a system with 100% success rate.
I still have a lot to learn on the fundamental side/money flow and I also must still work on my fear of missing out, not to enter when I see a setup but wait for confirmation before I enter.

http://www.gold-eagle.com/article/cr...-and-wake-call

Snippet: Many people who have been steady loyal dedicated even honorable investors in the gold & silver trade as personal protection for life savings have endured struggles with the family and friends. Whether the conversations are with dullards or stubborn types, maybe educated and formerly successful types, maybe those who are stuck in the paper world of shuffled investments of seemingly no basis, it is of no matter. The battle has been for a few years to convince those around us that a deep contracted crisis is underway. The battle has been to convince that a paradigm shift is in progress. The battle to convince family, friends, colleagues, neighbors, and acquaintances that the financial and economic system is facing a profound risk of total breakdown has been difficult. Most people are stuck in their own cocoon with family duties and business responsibilities, to be sure. Many people are also stuck within entrenched assumptions, most of which are false and easily dismissed. Many people simply do not care, since the official thermometer and barometer readings all read normal if not healthy signals, but then again they are rigged much like icing a thermometer from a rabidly sick man with a high fever. No resolution to certain pervasive intractable problems can come easily, not without a tumultuous sequence of events. The climax appears to have begun last year, while the breakdown accelerates.

Snippet:
PROBING DEFINITIVE QUESTIONS
We followers of the global systemic breakdown and the solution found within the installation of the Gold Standard are constantly challenged in alerting, awakening, warning, explaining, and guiding friends and others through the coming maelstrom that seeks climax. It is not easy, as they often seem deaf, dumb, and blind. Toward this end, the Jackass has devised a list of 10 questions to pose to the mentally inept and perceptually obtuse. They are intended to shock them into reality, to toss cold water in their faces. The questions are not your typical garden variety questions that can be sloughed off and laughed at. Most are couched partially within their field of view, although surely not with a deep perception. The list of questions can be formulated to expose the dumbfounded dull glaze of the masses. Behold the list before any discussion of perceptions, reality, crisis, and solution.
1. DO YOU THINK THE NOW NEARLY $20 TRILLION FEDERAL DEBT WILL CAUSE PROBLEMS?
2. DO YOU THINK FIVE YEARS OF ZERO PERCENT MONEY AND AFRICAN STYLE MONETARY INFLATION WITH BOND PURCHASES TO COVER THE USGOVT DEFICITS WILL CAUSE PROBLEMS?
3. DO YOU THINK ENDLESS WAR TO DEFEND THE USDOLLAR SYSTEM WILL CAUSE A BACKFIRE?
4. DO YOU THINK THE $550 BILLION TRADE DEFICIT WILL CAUSE A PROBLEM?
5. DO YOU THINK THE REAL 23% TO 24% UNEMPLOYMENT WILL CAUSE A PROBLEM ?
6. DO YOU BELIEVE THE UNITED STATES FACES AN EXTRAORDINARY RISK FROM HAVING WELL OVER HALF ITS DEBT HELD IN FOREIGN HANDS?
7. DO YOU EVEN KNOW WHAT THE GLOBAL CURRENCY RESERVE MEANS?
8. DO YOU EVEN SEE THAT THERE ARE NO FAIR FINANCIAL MARKETS ANYMORE, WITH MOST CONTROLLED BY DERIVATIVE MACHINERY ?
9. DO YOU PERCEIVE THE GLOBAL FASCIST STATE DESCENDING UPON OUR NATION AND OUR WORLD WITH A PERNICIOUS ECONOMIC SABOTAGE TO USHER IT IN ?
10. DO YOU NOTICE THE NASTY ELEMENTS OF AGENDA-21 WHICH IS DESIGNED TO KILL OFF HALF THE HUMAN POPULATION ?

Snippet:
GREAT TRANSITION – GLOBAL CURRENCY RESET
The solution is the installation of the Gold Standard, and the launch of a US-only domestic USDollar which the Jackass has affectionately and appropriately dubbed the New Scheiss Dollar. It will be heavily devalued. The transition to the Gold Standard framework will be an extremely rocky road. Imbalances formed over two generations must be brought in line. The deadbeat nations like the United States must be forced to get back to work, to form industries, and to pay their own freight. Big trade deficits will not be tolerated. The Gold Standard introduction will come as part of the Global Currency RESET, a complicated multi-step process whereby sound money will be restored into usage and imbalances will be addressed vigorously.
The transition has been resisted for the last two years or more, as the Ukraine War was kicked off in a betrayal to an international accord struck toward the RESET by a long list of nations. The USGovt violated the accord with defiance, corruption, and depravity. The many players are all actively resisting the fuse being lit for the Global Currency RESET, which is a formal name used in lieu of the more appropriate label of Installed Global Gold Standard. All manner of participants are feverishly working to administer to bankruptcy ruptures with liquidity patches. No players want to be blamed for kicking off the great RESET since it will be so disruptive to the power structure, so damaging to current perceived wealth, so chaotic to societies. Those responsible might be killed quickly in vengeance by those in current power positions. The Western Elite face threats of eradication, exposure, and stripped wealth. The task is so great that the Asian power elite have enlisted ET assistance.
GOLD TRADE NOTE INTRODUCTION
The Gold Trade Notes for trade payment might be coming into view, initially with commodity transfers, later swap contracts, and finally gold-backed short-term notes which supplant the USTBill. One might think of used newspapers on the floor, or of the dodo bird. The trade might be made in exchange for either goods delivered or USTBills held. Detect a growing connection to finished goods being withheld from delivery. This is probably another sign of refusal of USTBills as payment. As footnote, be sure to know that the preliminary steps to the Global Currency RESET will not be laid out in full disclosure for public benefit. It represents a tremendous investment opportunity for the elite, which they never tend to share. In fact, the RESET might be well along before it is even recognized. End to EuroRaj main thoughts and open analysis, for which much gratitude is given. The Jackass believes a few critical elements to the RESET are in place. More details on DIP Financing feature is included in the September Hat Trick Letter report.
***A major hitch obstacle can be inferred. Payment in USD terms might be the clot in the artery. Demands might be for hard asset swaps, and the contract security from large scale commitment of commodities, facilities, and property. The swap trade is coming into view, a presage of the Gold Trade Note.***
The Jackass concludes the USD rejection could be lifting its head within a gathering storm, without clear identification. It is indeed difficult to identify all the elements when hidden deals at the highest level are underway, and friction is omnipresent. The Bobcat Corp rejection of USTBills at Pacific ports is a clear story. For every one story recounted, there are 10 to 20 not yet heard. My firm belief is that in Asian banking systems, they do not want the USTBills anymore. The banks in Asia are trying to dump them in heavy volume, not accumulate more worthless toilet paper. Finally the sharp blowback from printing QE money has hit. The USFed monetary policy saves the big insolvent banks, but kills capital. The result has finally seen manifested in USD global rejection, or at least hints toward the same. Asian banks still hold vast sums of USTBonds. They are not going to announce the rejection, but instead fight behind the walls for better terms of payment, even as they pursue the Gold Trade Note for payment at ports. It is coming, like daybreak follows the long night.

Snippet:
NEW SCHEISS DOLLAR AND GOLD TRADE STANDARD
In time, expect an eventual refusal by Eastern producing nations to accept USTreasury Bills in payment for trade. The IMF reversal decision assures this USTBill blockade in time, and might accelerate the timetable. The United States Govt cannot continue on five glaring fronts of gross negligence and major violations. These violations have prompted the BRICS & Alliance nations to hasten their development of diverse non-USD platforms toward the goal of displacing the USDollar while at the same time take steps toward the return of the Gold Standard.
The New Scheiss Dollar will arrive in order to assure continued import supply to the USEconomy. It will be given a 30% devaluation out of the gate, then many more devaluations of similar variety. The New Dollar will fail all foreign and Eastern scrutiny. The USGovt will be forced to react to USTBill rejection at the ports. The US must accommodate with the New Scheiss Dollar in order to assure import supply, and to alleviate the many stalemates to come. The United States finds itself on the slippery slope that leads to the Third World, a Jackass forecast that has been presented since Lehman fell (better described as killed by JPM and GSax). The only apparent alternative is for the United States Govt to lease a large amount of gold bullion (like 10,000 tons) from China in order to properly launch a gold-backed currency. Doing so would open the gates for a generation of commercial colonization, but actual progress in returning capitalism to the United States. The cost would be supply shortages to the USEconomy, a result of enormous export increases to China.
The colonization has already begun, with secret deals galore. It is very unclear what deals are being struck in order to arrange for the USGovt to have a proper gold reserve hoard, for backing a new legitimate USDollar. Meetings at very high level are in progress, with little if any popular representation, only elite members present. Failure to produce a legitimate bonafide gold-backed currency would mean the United States must proceed with the New Scheiss Dollar, an illegitimate fake phony farce of a currency. It would be subjected to a series of devaluations. The result would be heavy powerful painful price inflation from the import front. The effect would be to reverse a generation of exported inflation by the United States. The entire USEconomy would go into a downward spiral with higher prices, supply shortages, and social disorder. However, the rising prices would come from the currency crisis, and not so much from the hyper monetary inflation. That flood of $trillions has been effectively firewalled off.
********
Visit his free website to find articles from topflight authors at www.GoldenJackass.com.

< Pento goes on to warn, “The real estate market is starting to go off-line. If you look at new home starts, they were down 19% in November month over month. There is no more refinancing market. It’s gone off-line. The initial purchase applications have flat lined. . . . As the housing market goes, so goes the economy. While the Dow and the S&P 500 have surged after November 9th, after Trump was elected, emerging markets are down 8%. . . . The emerging market economies and their currencies are crashing, and that is where I see the epicenter of the bubble breaks.” >
From the past we know that before the collapse of the housing market declines of the stock market, it is necessary to monitor the performance of the housing market.

It may be helpful. Closing Time

Very Helpful Thank You

We have a starting point for the week soon to start. This week could be most interesting. I will be back later today with my Forex trading thoughts and I hope to hear from everyone their thoughts as well.


Benjaminis

" "
hello benjiminis,i know i have been asking so many questions,please bear with me,i do like to ask another question...1) US30.and USD/JPY..can we only sell..or we can buy and sell as we see fit...Same goes for gold and silver,can we just long....or we can buy and sell. Thanks in advance...

[x]

Hi Carbonado, Our Trade Plan consists only in SHORTING USD30, USD/JPY and going LONG on Xau, Xag.
If however you have your own technical method to take intraday trades that shows you a Lowest Low/High and you want to for example long USD30, it's at your own expense. But keep in mind the RISK will be major. The main reason this is NOT wise to do: When the big trend is down, you can't pin down a 'lowest' daily level or support for that day/hour/whatever time frame, because the trend/market do whatever it wants to do, and most likely it won't respect those support levels.
Remember: Trend is your friend.

" "
thanks.......

carbonado

We have 4 Trade Plans. The direction is clear. We trade with the Trend. Here is what our 4 Trade Plans are.

Now we have decided that WE have FOUR Trade Plans in effect until March 31, 2017 and of course as I said above we can change it if NEW FACTORS enter into the picture.

Here our the four Trade Plans in order of importance and likelihood.

(1) Short US30
(2) Short USD/JPY
(3) Long Silver
(4 Long Gold

THAT IS IT NOTHING ELSE FOR NOW. Perhaps if we SEE EUR/USD go below 100 then we might ADD , Short EURUSD then however the US Dollar Index will get stronger and that will complicate things until we see the new correlations.

I just read the information on the link that dttsomh posted here. I also subscribed to that thread however not for the reason that you might assume.

Before I start on that I will comment on something that dttsomh mentioned to carbonado and something that I think he did himself once and it is only pointed out to be consistent in what I say on this thread. The whole purpose of my teachings is for you to make money trading Forex.

I KNOW my way of trading works so if you want to succeed then you need to learn and not add or subtract if it goes against what I am teaching. Please reply if what I just said is not clear or you do not agree which is fine with me. If you do not agree then please tell me why. We either stick to what we teach and have a good chance to succeed or we do not.

I am going to post the report that dttsomh shared here for a very important reason for me. There may be dozens if not more, Forex traders that post on Forex Factory that make substantial profits and if they do that is fantastic. It has nothing to do with what I do or how I do it.

If I do not agree with the way others trade, it is not for a personal or EGO reason at all. It is because what I am teaching has reasons behind why I trade the way that I do. So if you use parts of other systems or opinions it may and I say may cause you not to use what I teach in a proper way.

In fact that has been one of the main things that I try to do. Distinguish PERCEPTION from REALITY.

To explain better I will insert my comments in the information that is posted here and I ask for feedback from YOU (ALL OF YOU) to make sure that you really understand my point of view. I was not planning on spending more time on this thread today because I have neglected my other important responsibilities by spending so much time and energy here since December 3, 2016.However I decided gladly now to take the time to make sure WE all stay on the same page.

The Top Events/Releases for next week.

Week Ahead: Waiting For Trump; Buy N-Term USD Dips

The recent minor stalling of the USD rally is corrective in nature, in our view, and the USD uptrend should resume before long.

Comments from Benjaminis: Why ? The writer may be right however where is the logic other than what he said.

Indeed, we suspect that investors may want to wait until after President Donald Trumps inauguration before adding to their USD-longs. One risk to this view is that concerns may abound about a repeat of Q1 2016, when the aggressive USD rally fuelled fears about the sustainability of the EM USD debt and triggered a spike in global risk aversion. That development forced the Fed to turn more cautious and effectively killed the USD rally last March.

Comments from Benjaminis: Why would anyone want to add to their USD Longs ? How can anyone talk about the FED when we discuss PERCEPTION and REALITY as part of our learning ?

Any dovish shift at the FOMC in response to further tightening in the global financial conditions is less likely this time, in our view. What is different is that global economic data are improving and inflation gauges nudging ever closer to the central banks targets.

Comments from Benjaminis: To be kind the ABOVE COMMENT is PURE NONSENSE and if anyone spends any time reading OUR comprehensive research they clearly know why.

In addition, the Trump victory should continue to invigorate animal spirits in the US. A more hawkish Fed should magnify any potential spike in global risk aversion on the back of fears about the EM FX debt sustainability, too aggressive USD appreciation and growing US protectionism.

Comments from Benjaminis: One of the reasons that I posted this information here was to show the CONTRAST between what I am trying to teach here and what I read here which is not based on anything except opinions. If I express an opinion it usually is based on my view of opinions of many many others from both sides of the coin then I form my own consensus and share it here.

The USD remains buy on dips in the near term, and we expect the upcoming US data releases and the Fed speakers to encourage further convergence in the Fed and market rate expectations. We estimate that the closing of that gap should boost USD TWI by more than 2% over the medium term.

Comments from Benjaminis: How can anyone say such a thing without hard evidence to back that up ? I do not care what their results are it defeats the whole purpose of what I a trying to do here.

We continue to think that being short commodity currencies vs the USD, especially the AUD, is a good way to express both a more aggressive FOMC and concerns about US protectionism.

Comments from Benjaminis: I cannot understand why such a comment is made when NO PERSON including myself can say with CERTAINTY what will happen however what this type of information does is to encourage people to not think for themselves and it shows what most information sources do and that is to sell information without looking at the complete picture of Forex Trading.

EUR/USD should remain close to the lows for now on the back of lingering political risks and growing divergence between the hawkish Fed and dovish ECB. EUR could continue to suffer against some G10 smalls as well. In particular, we suspect the EUR underperformance against Scandi currencies could grow next week ahead of Swedish and Norwegian CPI data.

In contrast, EUR/GBP could remain supported ahead of the UK data and next weeks Supreme Court ruling. We expect the court to rule in favour of greater parliamentary involvement in Brexit, which might limit the risks of a hard Brexit over the long term but could add to the political uncertainty in the interim, adding to the headwinds for the economy."

Quoting carbonado

CLOSING COMMENTS FOR dttsomh and all others here. I want it understood that I have great respect for some of my students here especially dttsomh who I consider a good friend since we have had private communications between us on a human basis. However it is IMPORTANT that the kind of content that I commented on is not posted here without first checking with me since it might confuse others that read it and defeat the purpose of the research that I place here. Furthermore NOTHING WRONG was done so No Apologies are needed or expected. My Passion for winning is part of why I have achieved what I have.

I am only pointing this out because I know it is true what I teach here.

Our Overall Strategy as follows;


(1) 20% is the Forex Trader.
(2) 20% is Risk Management in case the Professional or Retail Forex Trader makes the wrong trading decision.
(3) 20% is the EDGE that lets you trade with the markets and NOT AGAINST them because the MARKETS WIN EVERY TIME !!! (MONEY FLOW)
(4) 20% is the Technical Indicators which includes Supply & Demand, Support & Resistance, Pivot Points or any other technical indicator used.
(5) 20% is the Fundamental News released every day for everyone to see at the same time whether they are real or FAKE NEWS !!!

Notice how the two most common ones used by all Forex traders are Technical Indicators which includes Supply and Demand and Support and Resistance and Pivot Points or whatever system that has been developed in that field is number FOUR and Fundamentals is ranked number FIVE.

Comments from Benjaminis: I want it clearly understood that I am not against using all the excellent tools of Technical Trading. However to constantly make money in your business of trading Forex, if that is what you really want to do then you need to do it properly.

Perhaps this way is too much work and that is OK and if your results are good using another way then you surely should stick to that.

http://seekingalpha.com/article/4034...igniter-widget

Snippet:

Summary
Never have I ever seen so much conviction over how the future will play out under President-elect Trump (massive bull market ahead!).
Well, actually thats not true.

The last time people were so sure about what would happen if Trump won was before he actually won (armageddon!).

"Populist promises to reverse every tough decision are nothing but empty rhetoric, irresponsible leadership, and bad politics. They are not the solution to Ireland's problems." - Enda Kenny

Never have I ever seen so much conviction over how the future will play out under President-elect Trump ("massive bull market ahead!"). Well, actually that's not true. The last time people were so sure about what would happen if Trump won was before he actually won ("armageddon!").

To me, last year was a perfect reminder of how nobody knows a thing about tomorrow.

Pundits and analysts appear on air and confidently project with certainty what's to come. Too bad the evidence shows that pretty much no one gets it right.

That's okay, though. An investor doesn't need to know the future. All an investor needs to do is get a rough sense of where conviction is highest about that uncertain future. If the crowd believes one thing will play out, whether it does or doesn't is irrelevant. What matters is the size of the payout for betting on the pot, split by others betting with you.


So the question then becomes from a thematic perspective, when is the time to bet on a breakdown in the crowd's narrative? When is it time to bet on the pot no one is considering - a correction and bear market? If this whole move has indeed been predicated on Trump running the White House, then it stands to reason that the tell for when things break down may be in the behavior of the two polar opposites of his rhetoric.

Trump seems to be a huge fan of Russia. Mexico? Not so much. And that sentiment is clearly visible when looking at the price ratio of the VanEck Vectors Russia ETF (NYSEARCA:RSX) relative to the iShares MSCI Mexico Capped ETF (NYSEARCA:EWW). As a reminder, a rising price ratio means the numerator/RSX is outperforming (up more/down less) the denominator/EWW.
https://staticseekingalpha.a.ssl.fas...rId4_thumb.jpg


Belief in Trump seems to mean belief in Russia's markets, and hemorrhage for Mexico's.

The trend remains intact short-term in favor of Russia and belief in Trump. But for those wondering when the next correction (inevitably) comes, it stands to reason that the reversal of Russia's outperformance trend relative to Mexico may be a pretty good tell.

Should a downtrend occur at the same time as Utilities (NYSEARCA:XLU) begin to outperform (important as a defense signal as shown in our award winning papers), combined with surprise renewed strength in Treasuries, it may be worth betting that the Trump Bump becomes a corrective Trump Dump.


This writing is for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation regarding any securities transaction, or as an offer to provide advisory or other services by Pension Partners, LLC in any jurisdiction in which such offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. The information contained in this writing should not be construed as financial or investment advice on any subject matter. Pension Partners, LLC expressly disclaims all liability in respect to actions taken based on any or all of the information on this writing.

Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.

Comments from Benjaminis: I just happened to just read this very informative article with reason and logic and facts behind it. The writer also pointed out what to look for in the future so, Friends here, that is the WHOLE POINT of MONEY FLOW.

We do not NEED to think about this IMPORTANT PART of our Strategy.

We just need to watch it HAPPEN and then knowing what the Money Flow means to each of the Asset Classes that we are interested in we have a Trade Plan in place to make money on it along with the CORRELATION that our Technical Charts show us.

I really hope this post puts everything in the proper context and EVERYTHING is GOOD, since WE only learn with discussion and Goodwill and fairness and in harmony and with leadership and focus so let us now get back to work and have fun and make money, so ONE MORE TIME , Here is the Program.

Our Overall Strategy as follows;


(1) 20% is the Forex Trader.
(2) 20% is Risk Management in case the Professional or Retail Forex Trader makes the wrong trading decision.
(3) 20% is the EDGE that lets you trade with the markets and NOT AGAINST them because the MARKETS WIN EVERY TIME !!! (MONEY FLOW)
(4) 20% is the Technical Indicators which includes Supply & Demand, Support & Resistance, Pivot Points or any other technical indicator used.
(5) 20% is the Fundamental News released every day for everyone to see at the same time whether they are real or FAKE NEWS !!!

Notice how the two most common ones used by all Forex traders are Technical Indicators which includes Supply and Demand and Support and Resistance and Pivot Points or whatever system that has been developed in that field is number FOUR and Fundamentals is ranked number FIVE.

Comments from Benjaminis: I want it clearly understood that I am not against using all the excellent tools of Technical Trading. However to constantly make money in your business of trading Forex, if that is what you really want to do then you need to do it properly.

As some of you know I am now working on my corporate website which will be very much improved from what you see here with proper sections and other benefits all included. I have an agreement with an organization that supplies live news while the Forex Markets are open so if you do not happen to have access to a live news source RANSQUACK is much more than that. My company will enter into a contract with them so anyone using and subscribing to MY company website will have this service. In the past I used Trade The News another excellent service however RANSQUACK is easier for me to use. Since they offer a FREE TRIAL I will include their link so that you have much more instantaneous information while you trade.

DO NOT SIGN UP PAST THE THIRTY FREE DAYS AS I AM NOT PROMOTING THEIR SERVICES HERE. It is only for information purposes and is FREE and it will help you in your trading. Once you use the service please give me feedback on your using it.



https://ransquawk.com/


Benjaminis

Hi Carbonado

I am not sure if you got your questioned answered? (Catching up on some pages.)

See link: http://help.fxcm.com/us/FXCM-Trading...-or-charts.htm


How do I change the time zone on my platform or charts?
You can change the Time Zone on your charts by:
Clicking “System” -> “Options” -> “General Trading”.
In the Time Zone option, choose the Time Zone option you want for your platform.

1. UTC = GMT
2. Server = EST
3. Local = Time on your local computer
4. Financial = EST

I hope this helps

I am going to update the list of Forex Traders using the FXCM UK $50,000 US Funds Demo Trading Account.

I am asking everyone that sees their name on this updated list to please check in by posting what your current balance is and any other comments that you may have.

I could log into all the listed accounts to see for myself, however that is not what is needed. What is needed is for you to have the DISCIPLINE to check in at least once a day.

If for any reason you cannot or have decided that this method of trading is not for you that is fine with me. Just let me know by posting here.

If you have a note from your mother or father that will be fine. (JOKE OF COURSE)

UPDATING OUR LIST OF FOREX TRADERS !!!



From my ORIGINAL LIST WITH THE PROPER CAPITALIZATION'S !!! AND User Numbers !!!

I am going to list those in order of signing up for the demo accounts with FXCM UK.


(1) DavidRP D102728560001

(2) dttsomh D102731143001

(3) Dildubai D102731452001

(4) KeepCalmfx D102742634001

(5) Rockey007 D25557124001

(6) raveon D102742734001

(7) wayfarer D102743041001

(8) Maximus2005 D102746118001

(9) mrmkg01 D25558223001

(10) mbleska D50785188

(11) vladimir8686 2971864

(12) carbonado D102754631001

Hi Benjamin

I agree with you, this chart alone can not tell you what the USDJPY will do next, there is different aspects that you must take into consideration and the money flow is key! And we know our trading plan is USDJPY short, so the probability of placing a short is much better than placing a long position.

So that is also why our total strategy consist of these 5 points below and say not only one or 3 points. As you mentioned, with one point alone you can not be successful, you have to see the bigger picture in taking everything in perspective.

((1) 20% is the Forex Trader.
(2) 20% is Risk Management in case the Professional or Retail Forex Trader makes the wrong trading decision.
(3) 20% is the EDGE that lets you trade with the markets and NOT AGAINST them because the MARKETS WIN EVERY TIME !!! (MONEY FLOW)
(4) 20% is the Technical Indicators which includes Supply & Demand, Support & Resistance, Pivot Points or any other technical indicator used.
(5) 20% is the Fundamental News released every day for everyone to see at the same time whether they are real or FAKE NEWS !!!