Money Flow Trading Method along with Risk Management

I just came across the chart and analysis from Admirial Markets and since it fits into the strong views and knowledge that I shared last night on this page 69 of our thread on Money Flow Method and Risk Management while other technical systems like Pivot Points or Supply and Demand would allow for more knowledgeable Forex traders that also know how to control risk and trade with more than $5000 US Dollars can make money trading as long as they can also control and deal with their fear and greed and last however not least, their EGO.

There cannot be any possibility in my opinion that they can earn at least 5% return on investment consistently.

After looking at the excellent USD/JPY chart along with the commentary, you can see why. There is no way that I can generate profits of over 20% every month of my Forex trading career using these charts especially as it relates to USD/JPY which is our second Trading Plan good until March 31, 2017.

https://admiralmarkets.com/analytics...ntrend-channel

It is important that after you read this that you share your thoughts with me so I understand your thoughts since you have seen first hand how good you are able to do."ECB is unchanged as was just announced at 7:45 AM" KeepCalmfx can share feedback with us on this post and RANSQUACK experience..

On that note if anyone can speak to what I have just said then it is KeepCalmfx who without question will become one of the most skilled and profitable Forex traders that I know personally and should be very proud of the accomplishments since December 27, 2016 which is only 23 days ago and already is showing 20% return on investment.

Even myself, never states to new people that I introduce my way of Forex trading to ever hear me say that I do over 10% return on investment each month yet here we have an intelligent and disciplined individual that has accomplished this. All that I can say with great sincerity is BRAVO.


Benjaminis

Good day piphunting. I see that you were just online and by coincidence , I have in front of me your email of December 31, 2016 and I will reply to you over the weekend.

Now we ask our self, if we have for the moment RISK ON or RISK OFF and we need to see if there will be any changes after the 8:30 AM Press Conference of Draghi and again KeepCalmfx will be able to listen live with commentary from RANSQUACK , a paid for service similar to Trade The News.

There are many other advantages that I have not yet shared as this thread that I started on December 3, 2016 which was 47 days ago, was only meant to be put here at Forex Factory on my thread now of 70 pages, until my corporate website is up and running which will happen by March 31, 2017.


Benjaminis

Morning Thoughts - Daily

I had one position of 100 units SHORT on US 30 open which I just closed ahead of the 8:30 AM Press Conference of Mario Draghi.

I am now ALL in DEMO CASH !!! I will post the quick short form summary of my FXCM UK $50,000 US Dollars Account that I opened on December 20, 2016. That was 30 days ago.

Here are my actual results which everyone here has seen me do in real time.

The number is definitely higher than my average of 20% return on investment with REAL FUNDS, however by teaching here since December 3, 2016 almost 7 weeks ago, my own Forex trading and DISCIPLINE has been more focused as I follow the logic of do as I do not just say.

Thanks go to many here however without my new partner , KeepCalmfx who has managed to go over 20% in just 23 days, my results would not have reached the numbers that I now share with everyone here.

1/18/17 5:25 PM Rollover Fee 02726762117140441 -5.00 62,296.97


1/19/17 8:20 AM Profit/Loss of Trade 02726762117140441 120.00 62,416.97

Total:62,416.97

ACCOUNT SUMMARY

Beginning Balance $50,000 US Dollars.

Trading Commission-96.00

Rollover Fee-986.10

Profit/Loss of Trade 13,499.07

Deposit 50,000.00

Ending Balance 62,416.97

Floating P/L 0.00

Equity 62,416.97

Necessary Margin 0.00

Usable Margin 62,416.97

COMMENTS FROM BENJAMINIS - My actual percentage is 24.8 % after 30 days of trading this FXCM UK Account.


Notes:
"THIS IS A DEMO ACCOUNT WHICH IS TRADED WITH VIRTUAL FUNDS. NO REAL MONEY IS USED IN TRADING THIS ACCOUNT. Demo accounts are used primarily for education purposes, testing of strategies, and familiarizing traders with market movement and the FX Trading Station. There are inherent risks associated with online trading that may arise due to downtime, currency fluctuation and other risks associated with currency speculation. Only risk capital should be used when trading a real account."

ECB rates unchanged

- main refinancing rate left at 0.0%
- lending facility rate at 0.0%
- deposit rate at -0.4%
- asset purchases 80bln a month until the end of March
- asset purchases will be 60bln a month from April to December

http://traderfeed.blogspot.ca/2017/0...g-success.html



Thursday, January 19, 2017
The Foundation of Trading Success: Finding Multiple Ways to Win
https://4.bp.blogspot.com/-d1VF2tC7O...tyBuilding.jpg
Successful traders lay very deep foundations.

What does that mean?

It means that they find multiple ways to win and develop experience and expertise in each of those areas.

Think of any successful company: a soft drink company, an automobile manufacturer, an electronics maker. All have many products that they sell. Each one is a potential profit center, and the combination of multiple profit centers creates a deep foundation for the business. If one year SUVs don't sell, the auto manufacturer can sell fuel-efficient sedans or sports cars. Multiple ways to win means that you can win even when some of your strategies don't.

The successful money manager creates a portfolio of relatively independent trades, each of which possesses positive expected value. One idea might be to be long the US dollar because of interest rate trends and central bank policies in the US versus other countries. Another idea might be to be long mega-cap stocks and short micro caps because of the anticipated impact of fiscal stimulus and tax credits. Still another idea might be to buy agricultural commodities because of a change in long range weather forecasts from the best meteorologists. Such a portfolio has multiple ways to win...if one idea doesn't work out, the others can.

Similarly, the active daytrader may trade a reversal pattern with active stocks near the open and then trade a surprise earnings report later in the day with a single stocks and then trade a trending stock into the close. Over the course of the day, the active trader has placed many trades, each with an edge. It is the serial pursuit of opportunity that creates diversification each day. One trade can fail and the day can still be profitable.

What that means is that successful traders must be able to innovate at two levels. First, they must find new ideas and fresh opportunities. Second, they must cultivate new sources of ideas and opportunity. The first involves exploiting the edges we already possess; the second involves identifying additional edges. The successful trader is never static, never dependent on one type of market condition to make a living. Just as research and development is the lifeblood of technology and pharmaceutical companies, it is the source of long-term success for traders.

When successful traders aren't trading, they are researching, developing, and innovating. When unsuccessful traders aren't trading, they're staring at screens and forcing trades. There is nothing better for trading psychology than being at the cutting edge of a growing business.

What makes a trader successful is discipline: doing the right thing with fidelity. What keeps a trader successful is innovation: doing new things and turning them into disciplines.
Posted by Brett Steenbarger, Ph.D.

Hello everyone !!!

I am not sure why I have had no replies ? Perhaps it is because I post so much material and very few people have time to read it. The time that I have been taking since December 3, 2016 has been well over 500 hours of my time. I have enjoyed every minute of it however we need to have two way communications for me to be able to teach properly. Thank you for your understanding and cooperation.

Benjaminis

Hello Forex Traders

I would appreciate your cooperation on updating the status of those that are actively trading your FXCM UK $50,000 US Dollars Demo Account.

This is my list and I can log onto everyone's account however, I am trying to organize and so please take a SCREENSHOT of your account so I know that you are around.

Here is the last list that I have. I will review my notes later to see if I have left anyone out. Thank you for your participation.

This is the list of our 12 Forex Traders learning how to trade successfully using Money Flow Method and Risk Management.

On Sunday I posted the list and now I will update the list and open the door to a few others as some on the list are not active.


(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


Number (3), Dildubai has unsubscribed from my thread and his place is now open. The first in line is goodness. If there is anyone interested then please subscribe to my thread and send me a PM and I will make arrangements for you. Please also post here if you are interested.

goodness , I see you online now. Is your account opened and did you send me your password by PM or email and your User account number ?

Quoting BenjaminIs

Disliked

Morning Thoughts - Daily I had one position of 100 units SHORT on US 30 open which I just closed ahead of the 8:30 AM Press Conference of Mario Draghi. I am now ALL in DEMO CASH !!! I will post the quick short form summary of my FXCM UK $50,000 US Dollars Account that I opened on December 20, 2016. That was 30 days ago. Here are my actual results which everyone here has seen me do in real time. The number is definitely higher than my average of 20% return on investment with REAL FUNDS, however by teaching here since December 3, 2016 almost 7 weeks...

Ignored

You did very well Benjamin, averaging 20% a month is amazing, one can learn a lot from you, thank you for your guidance the last 3 weeks and all of the time you put into this thread, trying to teach us.

I took a few losses today 7 trades, with total loss off $ 1 165 on the one account and 10 trades with a total loss of $ 1 794 on the other account.
I was reviewing our trading plan tonight after closing my positions and it was confirmed to me that there is a reason for our 100 pip or $1000 loss rule. The market ebb & flow and can easily move against us 50, 60, 80 pips and the big institutions also know where retail traders put their Slop losses, so you would see in many cases, that price will move against you, just collecting the stop losses and then go back into your direction.
I have a tendency to take positions off in minor losses if I see a price pattern forms, it can be good sometimes, but also if you have a set SL like we do of $1000, we are protecting ourselves and in the long run I think you will be more profitable because price will usually make a U-turn just before your 100 pip sl. If I would have kept my positions open and not close them, then I would have been in profit now, but hindsight 20/20.
Because we have the edge of knowing the long term trend. And if it take your position out on - $1000 then so be, it is just the cost of doing business. I am going to be more disciplined to follow our trading plan and set my stop losses as per our trading plan and keep it there until I am in +/-$500 profit and then only move my stop loss to +$250. Then if I am stopped out then I have made $250 at least.
By scalping it is also very helpful (the maximum 3 positions we can add in our trading plan with max 6% loss ), because you dont know when the market will reverse, but you must also be careful not to add to a losing position. But again if you scalp and add your 100 pip stop loss then the probability for that trade being the successful one is more because you got into the market at a better price.

It is sometimes easy for someone to say do this or beware of that or even next time I will do this or this, but when you are trading then all how you can get better is by experience and making the mistakes you were warned about. Or be aware of what you set out to do and practice doing it.
Over all I had a good trading day. I learn each day about myself and the markets and am trying to be more disciplined to follow our trading plan. It is sometimes hard especially if I see a signal to enter, but it is still risk on then I take a trade and then that was just a retracement and not the reversal I thought it was.
Thanks again to Benjamin for the nice words and motivation, but I still have to go a long way! All you can do each day is to aim to be better, have more patience and to have more discipline each day.

Quoting BenjaminIs

Disliked

I just came across the chart and analysis from Admirial Markets and since it fits into the strong views and knowledge that I shared last night on this page 69 of our thread on Money Flow Method and Risk Management while other technical systems like Pivot Points or Supply and Demand would allow for more knowledgeable Forex traders that also know how to control risk and trade with more than $5000 US Dollars can make money trading as long as they can also control and deal with their fear and greed and last however not least, their EGO. There cannot...

Ignored

Hi Benjamin

I agree with you, this is a very good charts. The Elliot wave and other patterns can help, but you cannot be a technical trader alone. You need to know the bigger picture, the fact from the perception. Earlier today the market was going on perception of the news and reporters what they want to believe. Currently we have Risk off, we know the reality, the facts and will be ready for the BIG move.

I also agree that it is very difficult to trade with a small account and have a consistent profit each month, without wanting to fear and trying hard the fear just kicks in and your emotions takes over on a small account.

I also have found the 25 myths very informative.
People have the perception that you can get rich quick with forex, that trading forex is easy, no hard work to do, just press buy or sell and w-h-a-l-a you will be rich.
They think you can play with a small account, trade big lots without having a plan or using correct risk management, then they hit a winning streak or gets lucky, add more funds and before you know you are making loss after loss, fear sets in, ego of being right, feeling of the markets ows you and before you know your account has been wiped. Or they do not have experience, then they go to blogs/forums hoping someone else would make them rich quick, by following other traders tips who dont even know a thing and also lose their funds.

There is no easy way, Holy Grail or computer/system/robot trading you can use to get a consistent 10% profit each and every month. People want to trade like it is a hobby, not taking it serious, but want to get the rewards of someone making trading their business.
Trading is a business, it is hard to start a business you have to work hard the 1st few years, put allot of hours in, be disciplined, determined, have goals, be patient and have a routine, a plan and follow it every day, does not matter how hard it gets, sometimes you may want to give up, but you have to press on.
In the past when trading Demo accounts I was very careless and would have closed and open positions as I think was right or if I added a position and it goes against me I would have closed it because it is not real money, you can start over right. I could not even get consistent 5% profit with a demo account, I had no discipline and patients.
It is very hard to be patient and have discipline, I wanted to give up many times, thinking who are you kidding, you will never be a consistent profitable trader. Once I stopped for a year, but I started over again. I still struggle with it each day, but I am doing my best to tame these devils. Lol. But this will also take time. And the discipline should become part of your routine.

I have been treating these 2 accounts the last 3 weeks as if it was someone elses live accounts. I will not lie, it was hard work so far. I use to go to bed before 10 pm each night and wake up at 7am. The last 3 weeks I went to bed after 11pm and woke up before 6am. It is very hard in the beginning to be disciplined with anything new. You have to have the desire to succeed, the vision of what you want to achieve, then you must be patient for the results to start to show and it gets a bit easier each day.
A lot can still happen before my 1st month is over, today I took a loss in both accounts, but that is just the cost of doing business. So far this experience, all of the new knowledge, way of thinking, new possibilities has been a very pleasant journey, and is worth every hour I have put in so far, because I know the rewards at the end of achieving my goals would be amazing. And off course Benjamin gets a lot of credit for all of his hard work helping us all.

Becoming successful in trading is like a river that have many little streams/sub-branches, flowing slowly at first (All the learning of the different aspects in trading the markets, time spend, sacrifices made moving slowly, to slow sometimes) then all of a sudden this little streams/sub-branches gets together one by one and becomes stronger (the light bulb go on, you get an aha moment, get into routine of good habits, trading gets easier and it becomes fun) and then this little streams forms this huge fast river with rapids without no stopping (goals you achieve, little successes you make) and explodes out into a waterfall.. Free. (Success at last!) This river with sub streams can go on for km and km, and you dont know when this little streams will become one big river and explodes to the next chapter in your life. You must just do your best each day every day and have faith that you will eventually get there

Off to bed now.

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

Submitted by Simon Black via SovereignMan.com,
In the mid-1800s at a time when the United Kingdom was still the dominant superpower in the world, an English scientist named Francis Galton wrote a series of papers arguing for the selective breeding of human beings.


Galton’s ideas became known as eugenics.

The concept was that genius and talent were hereditary traits passed from generation to generation, and that, to ensure the growth of our species, the best and brightest should be bred like cattle.

Scientists soon began taking measurements of nose angles and forehead slopes in order to establish a correlation between a physical features and talent.

The scientific community concluded that a person with certain physical features was predisposed for great success and achievement.
But it worked both ways.
If your forehead was too wide, or your nose to jaw ratio too slight, you were viewed as morally and intellectually inferior.


Given that many races share similar physical features, this phony science became the moral justification for segregation, slavery, and even genocide.

Today our species is clearly more enlightened, and we can stand amazed that such ridiculous ideas used to be taken seriously.
There will come a time, however, when our descendents say the same thing about us.


Case in point: half a world away at the World Economic Forum in Davos, Switzerland, Nobel Laureate economist Joseph Stiglitz made remarks earlier this week that the US should “get rid of currency.”

He means paper currency, as in the US should not only get rid of $100 bills… but ALL paper currency– 50s, 20s, 10s, 5s, and even 1s.
You guessed it. Stiglitz suggests that regular people don’t need paper money, and that it’s only useful for drug dealers, terrorists, tax evaders, and money launders.

This thinking is so 20th century, and it’s simply wrong.

ISIS is a great example.
The US military has literally blown up more than a billion dollars worth of ISIS’s stockpiles of physical cash during airstrikes.
But this hasn’t affected their terrorist activities one bit.

That’s because the most notorious terrorist group on the planet famously uses both the world’s oldest currency (gold) and the world’s newest currency (Bitcoin).

Professor Stiglitz has likely never been anywhere near a terrorist, so he likely doesn’t have a clue how they conduct financial transactions.

Stiglitz also relies on the old claim that cash facilitates illicit activity.

Again, this thinking only highlights a Dark Ages mentality.

In the today’s world, drug dealers and prostitutes accept credit cards.

No matter what you’re selling on a street corner, whether it’s hot dogs or marijuana, there are plenty of solutions (like Stripe, Square, or PayPal) to easily allow anyone to accept credit card payments.

But these intellectuals seem stuck in a Pablo Escobar fantasy that drug dealers have entire rooms filled with cash.

What Stiglitz, and perhaps many law enforcement agencies, fail to realize is that one of the biggest tools in masking illegal activity is actually Amazon.com.
Specifically, Amazon gift cards.


If you’re looking to quietly and easily pay large sums of money, even tens of thousands of dollars, you can do so with Amazon gift cards.
Amazon gift cards are essentially a “cash equivalent”.

Amazon sells just about everything on the planet, so its gift cards can either be spent or quickly resold for cash.
(You can obscure a financial transaction even more by using an Amazon gift card to buy another gift card…)

Curiously there are no loud, universal calls to ban Amazon gift cards. That’s because these policymakers and academics are stuck in the 1980s.
Instead, they’ve nearly all jumped on board the “cash ban” bandwagon.

These guys just don’t get it.

Cash isn’t about tax evasion or illegal activity.
It’s about having a choice.

Any rational person who actually looks at the numbers in the banking system has to be concerned.

In many parts of the world, banks are pitifully capitalized and EXTREMELY illiquid.


This is especially the case in Europe right now where entire nations’ banking systems are teetering on insolvency.

In the United States, liquidity is also quite low, and banks play all sorts of accounting games to hide their true financial condition.

Plus, never forget that the moment you deposit funds at a bank, it’s no longer YOUR money. It’s the bank’s money.

As a depositor, you’re nothing more than an unsecured creditor of the bank, and they have the power to freeze you out of your life’s savings without even giving you a courtesy call.


Physical cash provides consumers another option.
If you don’t want to keep 100% of your savings tied up in a system that’s rigged against you and has a long history of screwing its customers, you can instead choose to hold physical cash.

There’s very little downside in doing this, especially since most people are barely making any interest in their checking accounts anyhow.
Physical cash means there is no one else standing between you and your savings.

But Professor Stiglitz and his colleagues don’t want that.
They want a massive, centralized bureaucracy to have control over your savings.

This, coming from a man wrote in his 2012 book The Price of Inequality,
“[T]he success of [Apple and Google], and indeed the viability of our entire economy, depends heavily on a well-performing public sector. There are creative entrepreneurs all over the world. What makes a difference. . . is the government.”

Sam Walton, Richard Branson, Steve Jobs, and millions of other entrepreneurs are apparently worthless. To paraphrase Barack Obama, “They didn’t build that.”
All that matters is the government.

Just like his call to eliminate cash, Stiglitz’s entire book is an impassioned argument for MORE centralization and government control.
150 years ago, Francis Galton’s appalling ideas were considered science.

Stiglitz’s ideas are what pass as science today.

They’re equally ludicrous.

And one day our future descendants will look back on our own time and wonder how so many people could have allowed themselves to be fooled.

Do you have a Plan B?


Benjaminis

Good day

Hope everyone is doing well.

Big news today, I am sitting on my hands and patiently waiting for Trump's inauguration.

Charts for the day. Will post again later today.

Good day to all! Recently, my loss. Mainly for DOU30. Do not have time to take profits, just never traded indices and bonds. Features of behavior of asset demand to constantly monitor the monitor. So far, I have not time, we will learn. Waiting movements on technical analysis on DOU30

http://www.marketwatch.com/story/tru...ety-2017-01-19


Trump’s inauguration is set to unleash a cascade of stock-market anxiety

The dollar, Russia, China, Mexico are just a few of the risks of a Trump presidency as Wall Street awaits inauguration

A Trump presidency is fraught with questions for Wall Street.

The day of reckoning for the Wall Street is nearly here. Donald Trump is set to be sworn in as leader of the free world and the level of consternation in the market is palpable.
That is not to say that equities won’t continue to carve out fresh records, spurred by animal spirits; or that Trump’s promise to “make America great again” won’t come to fruition, leading to halcyon days for investors from the lowest sociopolitical rung to the deepest-pocketed 1%.
Mostly, the hand-wringing has centered on the “unpresidented,” unscripted, Twitter-happy nature of it all. The boundless uncertainty of how a Trump presidency will influence stocks, bond markets, commodities, the flow of trade, and economies across the globe has investors tied up in knots.
Here’s how Mark Grant, chief strategist of Hilltop Securities put it in a Thursday note:
“In my almost 43 years on Wall Street, I am not sure that I have ever seen so much consternation than at present. It is not just differences of opinion but it is a quite real fear of the unknown, I suppose. People just don't know what they are getting into or where the country is heading. No surprise, I think, as tomorrow the Present will have a material break with the Past and the Future is a calculated guess.”

U.S. markets jubilantly vaulted higher in the wake of Trump’s surprise victory over Democratic rival Hillary Clinton, leaving many investors, including some of the smartest, like billionaire George Soros at least temporarily flat-footed.
The Dow Jones Industrial Average DJIA, -0.37% has returned about 8% since his election victory Nov. 8, the S&P 500 index SPX, -0.36% boasts a return of 6.6% and the Nasdaq Composite Index COMP, -0.28% has seen a return of more than 7% during that period, according to FactSet data (see chart below):
Many pundits predicted pain and anguish would follow if Trump emerged from the presidential election victorious. Meanwhile, the yield on the 10-year Treasury note TMUBMUSD10Y, +1.17% has climbed to 2.475% from 1.865% on Nov. 8, on expectations of a pick up in inflation and real rates.
The basis of the moves has been the hope that Trump will deliver on campaign promises that include a ramp up of infrastructure spending and a repeal of rules that critics say have hemmed in the nation’s largest financial institutions. A reduction in taxes also has been proposed.
With the presidential inauguration looming, however, stocks have receded somewhat, leaving the Dow down 0.2% lower for the month, as of Thursday’s close. The S&P 500 and Nasdaq are showing signs of life, with gains of 1.1%, and 2.9%, respectively, which suggests that the so-called Trump rally hasn’t entirely unraveled, even if it has taken a bit of breather. However, a loss of momentum has forced investors to contemplate the future after a relatively torrid run higher.
“At present markets do not seem to be anticipating problems either in terms of delays by Congress, or in boosting growth significantly. Such optimism is likely to be questioned: prepare for a reappraisal of the Trump trade,” said Keith Wade, Chief Economist at Schroders.

See: How the ‘Trump rally’ stacks up to other postelection stock market gains
Goldman Sachs Group GS, -1.23% CEO Lloyd Blankfein, whose bank’s shares have enjoyed the biggest portion of the Trump bump and is seeing a goodly number of its alum head to the real estate mogul’s administration, including Treasury secretary nominee Steven Mnuchin, isn’t sure what happens after Trump officially takes office.
“I’m dying to look back at this and like the outcome,” Blankfein said on Wednesday during an interview on CNBC at the World Economics Forum in Davos, Switzerland.
In one chart: How stocks perform in a new president’s first 100 days
David Lafferty, chief market strategist at Natixis Global Asset Management, told MarketWatch that Wall Street had initially been too eagerly focused on the benefits of a Trump presidency and not sufficiently paying attention to the potential negatives, including his protectionist posture.
Lafferty says, however, that “in recent weeks, the market has come to take a more measured view of Trump’s proposals. Creating legislation is never as easy as it seems, even with both houses of congress under Republican control.”

The Natixis strategist is still hopeful: “If Trump can tone down the antitrade rhetoric, his platform of spending, lower tax rates, and deregulation should bolster growth. But the market got ahead of itself in the initial weeks postelection and now appears to be suggesting a more realistic view,” he told MarketWatch.
Many on Wall Street are doing the calculus and determining that there are many known unknowns to grapple with, borrow a term from former Secretary of Defense Donald Rumsfeld.
Here’s how research firm Acritas Research has depicted the risks and benefits of a Trump presidency (see infographic below):

Acritas estimates that nearly three-quarters of legal officers inside U.S. organizations are bracing for significant changes in how companies run and operate their businesses under Trump.
Trump also comes to power as parts of the European economy are still stumbling along and amid concerns about the U.S.’s tense relationship with China and Russia—not to mention the unrelenting fears around terrorism and climate change.
Check out: Trump’s ‘bromance’ with Putin poses a major risk for U.S. corporations
Prominent investor Peter Schiff, CEO of Euro Pacific Capital, said this of the coming Trump administration in a recent research note:
There is much we don’t know about how the Trump presidency will play out. Will the Wall get built? Who will pay for it? Will it have at least some fencing? Will repeal and replace happen at exactly the same time? Will Trump throw a ceremonial switch? Will there be a Trump National Golf Course in Sochi? It’s anyone’s guess. But of one thing we can be fairly certain. President Trump is very likely to preside over the largest expansion of Federal budget deficits in our history.
Soros doubled down on his belief that Trump is bad news in a TV interview with Bloomberg on Thursday, and not just for the U.S. stock market.
Still, there is a prevailing view that the U.S. economy is on a firmer footing. Federal Reserve Chairwoman Janet Yellen said as much during a speech on Wednesday.
Ralph Bassett, head of North American equities at Aberdeen Asset Management, said he’s looking for corporate-earnings growth, which could help push the market higher. “We believe the economy is on sound footing and expect earnings growth for to remain positive in 2017 and indeed we believe earnings growth rates should be the most significant aspect to share price performance over the next few years,” he told MarketWatch.
In the 72 days since Trump won the election, he has jawboned the dollar DXY, +0.20% lower, and continued his threats to build a wall along the U.S.-Mexico border, blasted the press, accusing them of reporting fake news after uncorroborated allegations that members of Trump’s team held clandestine meetings with Russian officials surfaced.
He also has taken credit for multinational corporations, including General Motors GM, -0.45% Wal-Mart Stores Inc. WMT, -0.72% United Technologies Corp. UTX, +0.28% unit Carrier Corp., keeping jobs in the U.S., and for some fostered a sense of economic optimism.

http://www.telegraph.co.uk/news/2017...0-days-new-us/

What happens next after Donald Trump's inauguration? The first 100 days of new US president

Morning Thoughts - Daily

Good Morning Everyone

HIGH RISK TRADING DAY and a Friday to boot.

Please keep in mind Europe might go home at NOON, as they always do, however today they might not close down at NOON so watch Short Covering.

I am posting this information on USD/JPY for a reason so we only look at the charts, not trade by them since the MONEY FLOW might change all the levels as we have learned on this thread.

From Dailyfx :

https://www.dailyfx.com/forex/techni...ysis%3Ausd-jpy

Snippet:
Talking Points:

1. USD/JPY Technical Strategy: recent breakdown below H4 Ichimoku Cloud remains worrisome for Bulls
2. Previous Post: USD/JPY Technical Analysis: The Sentiment Killer
3. SSI is currently -1.1206 onUSD/JPY as 53% of traders are currently short: To stay up with the Speculative Sentiment Index, please click here.
4. If you are looking for trading ideas, check out our Trading Guides.

When the USD moves, USD/JPY shakes, and that is exactly what happened mid-week ahead of the transition to Donald Trump as U.S. President.

Wednesday began a slew of important speeches that began with Janet Yellen, Chairwoman of the Federal Reserve, noting that the Fed would continue to stay the course with rate hikes, which helped lift U.S. Treasury Yields and subsequently USD/JPY.

USD/JPY has moved higher by ~300 pips in less than 24-hours and has retraced half to the 2017 Macro Opening Range.The move higher has notably caught the attention of traders looking for the next great Bull market in USD to align with Donald Trump taking office, which is possible if his inauguration is aligned with a sharp move higher in yields. It now appears after Yellen’s rather hawkish talk on Wednesday that any move higher would need to come from the market’s anticipation that Trump will bring inflation, which would push higher the required rate in bond markets globally.

COMMENTS FROM BENJAMINIS:

The purpose of this POST is to "deprogram you" from just relying on the charts. If you use the charts by themselves, you will have great difficulty in trading Forex properly and making it your business.

Read the information and at you can see that at no point in the charts or the analysis does it, PREDICT which way the USD/JPY will go.

It is not meant to as all it is inn fact is an X RAY of te currency pair at the moment that the chart is prepared.

THAT IS THE ENTIRE POINT THAT I MAKE, as since WE know with almost 100% certainty what will happen when the equity markets in the USA head down as they will then, we KNOW where the MONEY FLOW will go and where USD/JPY will be heading at that time with the CORRELATION that we use to confirm our views.

I have much much more to say about the last 31 days, that I have been posting here on my thread.

I have had feedback from my friend and excellent student and Forex trader , KeepCalmfx and from wayfarer , the only 2 Forex traders that have passed the course so far by their desire and participation and the ONLY THING THAT COUNTS in the final analysis , their results.

I have reviewed their accounts and everyone else who has opened a FXCM UK $50,000 US Funds Demo Account and I will later today point out how the results of KeepCalmfx and wayfarer can improve substantially. I really need those that are "SERIOUS" , to post here on this thread at least once a day. Otherwise it makes it almost impossible to help you improve your Forex trading results.

We know that this is about winning and not about The Holy Grail which does not exist.

Anybody that tries to convince you that their method works or tries to sell you something has a hidden agenda. In the first case it is more of their EGO than the facts.

In the second case it is about making them money and not much else.

I want to be clear that I am not knocking anyone that has a system that works for them or their way of trading. ALL THAT I AM STATING is that I would be shocked if they could earn consistently each and every month that they trade 5% a month.

If they do then I say CONGRATULATIONS. The other part of what I do and have done for over 10 years now is use Risk Management. Without that it will be IMPOSSIBLE to not get eventually wiped out.

I want to ADD a VERY PERSONAL NOTE here now, before going for my breakfast and catching up with my other responsibilities since the time that I spend here does not earn me a living.

However I had an agenda when I started this thread on December 3, 2016. Tomorrow will be 49 days or 7 weeks of my time and energy that I invested in here. The reason that I did that was to confirm to myself that it was possible to teach anyone what took me 14 years of my life to learn starting with my three years of Demo Trading during 2003. THAT IS ALSO WHY EVERYONE HERE THAT HAS PARTICIPATED IN ANY WAY will NEVER have any charges as sometime during March 2017 , my commercial website will be up and running and as I posted here a few times there will be a monthly FEE of $50 US a month for unlimited 24/7 access. Once I start there my posting here will come to an end of this thread.

I proven that to myself now because of the excellent results of KeepCalmfx and wayfarer and some others that trade however do not post here very often or at all.

I welcome and encourage you to reply especially to this particular post.

Now we await the INAUGURATION of Donald J. Trump as 45TH President of the United States of America.

GOD BLESS AMERICA !!! AMEN !!!

HEADS UP TO ANYONE that has read my post 1394, as I have been adding to it for the last hour or so.

Please look at it again. This especially applies to KeepCalmfx, who has already liked it about one hour ago.


Benjaminis

Lesson learned to never trade while not fully free (time wise). What I thought will be a slightly more risk than usual, turned into a fatal mistake for my account.
I risked and now I assume my mistake. That 300 pip move removed a lot of my account. I'm in the middle of my college exams until 8th of February. I'll take a break completely from forex until then, so I can pass them all successfully. And then I will resume trading demo account until I master the game learning from my mentor, Benjamin.

I can't wait to be active and engaged again!
Best regards

Benjamin, I'd like to say job well done here. I salute you. Ive been on FF for quite some time and have seen threads come and go. I rarely post and participate in forums but a few threads I've followed. You've been clear and done a great job in teaching and instruction. Even though I have my system/strategy that I've developed over the years; and even understanding risk on/off correlations, I like what you are doing and how you view the market.
Therefore I'll be joining you in March.

Benjaminis,


Мы ценим ваши знания и очень благодарны за урок Давайте посмотрим, как все будет. DOU30 вверх до падения? [Приложить] Screenshot_35.png; 2148797 [/ приложите]

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