Money Flow Trading Method along with Risk Management

https://dailyreckoning.com/trump-fli...y+Reckoning%29

Is Trump About to Flip-flop?


Nearly three stymying months in office, Trump strikes us as a man fixing to get something done.

First health care flopped.

And tax reform — the kind Wall Street pinned its hopes upon — may soon follow.

House Speaker Paul Ryan said yesterday that tax reform will take even longer than health care. Worse, he said Trump and Congress were actually closer on health care than on taxes.

That’s two major tests — health care and taxes — flunked. For now at least.

And so the blush comes off the peach.

But is Trump about to seek victory on another front… even if it means unintentionally aligning with ISIS?

We investigate the possibility today.

But first a check on the races…

Stocks closed lower yesterday after minutes from the Fed’s most recent confab. They suggested the Fed might soon start paring back its market-supporting $4.5 trillion balance sheet.

The Dow was up nearly 200 points at one point yesterday before ending the day down 41 — its largest intraday reversal since February 2016.
But that was yesterday.

Stocks are back in the money today. Dow up 15. S&P up five. Nasdaq up 14.


Oil’s up about 50 cents. And gold?

Up $6.10, to $1,251.50.

Just another day at the track.

But a worrying idea comes to us today…

Will Trump try to divert the crowd’s attention from his legislative setbacks… with a foreign adventure?

An apparent chemical weapons attack killed at least 100 in Syria Tuesday. It sickened many more.

Pictures of dead children pricked the conscience.

Tellingly, Trump’s secretary of state, Rex Tillerson, said yesterday there was “no doubt” who was responsible.


That would be Syrian President Bashar al-Assad.


Trump also blamed the attack on Assad. “Reprehensible,” he called it. “Heinous.”

And now Trump’s got his back up high and stiff.



CLICK HERE FOR THIS DEVELOPING STORY.

Trump campaigned against removing Assad from power. ISIS was the real enemy, not Assad. But now he snorts that the attack, quote, “crossed a lot of lines for me.”

“I will tell you that attack on children yesterday had a big impact on me — big impact,” Trump thundered. “My attitude toward Syria and Assad has changed very much… You’re now talking about a whole different level.”

Be it so.

But how do they know Assad was even responsible?

We realize Trump fires first and asks questions later. But a proper investigation of the incident would take weeks… months.
Not one day.

A 2013 chemical attack in Ghouta, Syria, killed up to 1,729 people. The Deep Staters and their drummers in the mainstream press tried to blame that attack on Assad.

But the case hung the jury.

Just not enough evidence. In fact, independent sources offered solid forensics suggesting Assad wasn’t responsible at all… but a rebel group angling to frame him (see below for more).

Now… maybe Assad is actually responsible for this latest incident.

(Our agents haven’t arrived on scene yet. So we have no answers at this time.)

But we must concede… the whole story sounds a bit hollow in our ears.

All the analysts say Assad’s winning the war against ISIS and the other rebel groups.

With victory in sight… why would he court the world’s wrath by using chemical weapons against women and children? And for no military benefit?

What does he gain?

Here’s another question:
Will Trump put on a show in Syria to prove America — and Trump himself — can “win again”?

It wouldn’t be the first time an erring president called the people to the colors.

And does Trump think a foreign policy victory will light a fire under his presidency?

Questions upon questions. All demanding a square answer. Yet none is at hand.

But we close with a question more pressing than any of the above… a question of the greatest moment…

When can we expect that tax cut?

Regards,
Brian Maher
for The Daily Reckoning
Ed. Note: Sign up for your FREE subscription toThe Daily Reckoning, and you’ll receive regular insights for specific

https://vantagepointtrading.com/archives/21008

Do You Find Day Trading the EURUSD Tougher Lately?


Posted on March 22, 2017 by Cory Mitchell, CMT


The EURUSD is the recommended pair for day trading forex, most of the time. There are times when it is tougher to day trade. During such times I tend to receive more emails from traders asking Has it been tougher out there, or is it just me? Many of these these traders have been successful in the past, so when multiple people notice a tougher environment it is probably not coincidence (over a month or two, not just one or two days). For some insight on how to day trade the EURUSD, see How to Day Trade Forex in 2 Hours or the Forex Strategies Guide for Day and Swing Traders. Below we will look at why these tougher conditions develop, what typically causes them, and what to do about it.


Monitoring Long-Term Volatility in the EURUSD

Monitoring long-term volatility in a currency pair doesnt seem like a very day trader thing to do. And yet it can provide perspective on whether conditions are changing. which could affect your day trading/profitability.

Long-term volatility in currency pairs fluctuates. That means that for years or months on end a currency pair may move very well for a particular strategy. Then, for several months it may not move well. The trader either adapts to the new market conditions, or finds something else to trademore suited to what they are used to.

This happens ever few years or so, sometimes more frequently, and sometimes less.

Much of 2014 was a tough year for EURUSD day traders. Volatility went from about 80 pips per day down to about 50 pips per day. 80 is pretty low already, and 50 pips per day wont produce a lot of opportunity.

Volatility numbers are based on a 24-hour period. And since most day traders dont trade all day, during any two or three hour trading window (like the London/US overlap period) a trader may only see 10 or 20 pips of movement when volatility is 50 pips per day. And if the price only moves 10 or 20 pips during the period they are watching the market, there isnt a lot of opportunity for great trades to develop. On the other hand, when the pair is moving 100 pips per day, a day trader will likely see the price move 30 to 50 pips during an active two or three hour trading window. The more the price moves, the more likely it is to
https://vantagepointtrading.com/wp-c...ake.jpg?x30307produce viable trading opportunities.


At 80 pips per day, there will still be some opportunities, but traders need to be extremely selective in their trades. Price moves/waves are smaller than when volatility is above 100 pips per day, and that will affect the quality of trades taken. When price moves are smaller the spread becomes more costly. If you are trying to grab a 6 pip profit, a 0.5 to 1 pip spread is more of a concern than when you can easily grab 10 or 12 pip profits on a trade (when a pair is more volatile). See Determining Profit Targets and Stop loss Levels for a way to reasonably see how much we can expect to make/risk on typical price swing while day trading (note that during very quiet periods, you may need to hold through multiple price swings in order to attain the desired profit potential).
The middle of 2016 and start of 2017 have also seen volatility drop in the EURUSD.


See long-term volatility charts at https://www.mataf.net/en/forex/tools/volatility
Figure 1. EURUSD Historical Volatility (pips per day: high-low), as of March 2017
https://vantagepointtrading.com/wp-c...ity.jpg?x30307
Alternatives If You Are Struggling with Day Trading the EURUSD

For day trading the EURUSD, average volatility above 100 pips per day often produces good trading. The number of I am trading poorly, is it me? emails I get is typically minimal when EURUSD volatility is above 100 pips/day. Between 100 and 80 pips per day, I notice that more people tend to struggle, especially on the lower end of that range. When volatility drops to about 80 pips per day, or lower, even more people tend to struggle.

In 2014, I wrote Dealing with Decreasing Volatility in the Forex Market. That article provided a number of options for traders who are struggling with day trading a certain pair because volatility has dropped off (or the pair isnt moving well for the strategy being used).

1. Switch to a pair that has more volatility.
2. Move to a longer-term frame (think swing trading instead of day trading).
3. Day trade the same pair, but be SUPER patient in waiting for only the best opportunities.

Switching to a Different Day Trading Pair
When day trading I prefer to focus on one pair at a time. But when the pair you are trading isnt providing you with good trading opportunities, you can switch to another pair. Just dont do this too often. Sometimes a string of poor trading IS due to poor decisions, and has nothing to do with the currency pair. Take an objective look at the movements of the pair you are trading. Should you be doing better than you are? If yes, then the answer is likely within, and not a problem with the pair.


If a pair isnt moving well, and another pair is moving better, switch to the better pair. Trade that new pair and become a specialist in it. Trade it as long as it provides good trading opportunities. Remember that even when a pair is moving very well, you wont make money everyday. Expect to have several losing days a month. Even with losing day you can still be very profitable. Sometimes those losing days are spread out, other times they tend to come all at once.
The same thing happens in stocks. I remember I traded McDonalds (MCD) for about a year, every single day, because I liked how it moved. Slowly over time the intra-day dynamics changed and I slowly moved away from day trading it. What I find in forex is that I typically trade the EURUSD for years on end, but every once in a while will switch to another pair. The GBPUSD is always a viable alternative, and is the first place to look. If you look at the last couple weeks of trading days/charts, and notice it is moving better (more suited to your strategies) than the EURUSD, make the switch.


Figure 2. GBPUSD Historic Volatility (pips per day: high-low), as of March 2017
https://vantagepointtrading.com/wp-c...ity.jpg?x30307
Trading On a Different Time Frame
I also sometimes step aside from day trading completely. If you look at the EURUSD, or whatever pair you are trading, and the price action looks crazy and choppy and you cant seem to make good decisions, then step aside. Better days will come again, so save your money.


During crappy day trading times, I tend to focus more on swing trading. If day trading is much easier when the price is moving 150 pips day, and now the price is only moving 60 pips (or whatever), focus on capturing larger moves, potentially over the course of a whole day or even multiple days.


Instead of trading off the 1-minute or 5-minute chart, trade off the hourly chart or 4-hour chart(see the free Forex Swing Trading in 20 Minutes video series).

I do find that I also oscillate (over long periods of time) between being more focused on day trading, and then more focused on swing trading. But that is just me. I like day trading and swing trading, and switching between the two is quite easy in forex trading because not much changes if holding positions overnight.


The benefit of learning to swing trade is that it doesnt have to interfere with your day trading. I typically day trade during the London and/or US overlap period, yet I place swing trades after the US market closes. So the styles dont compete with each other. I also trade off of weekly charts. These weekly trades are looked for and managed only once per week. Therefore, there is little time commitment with this approach.


Weekly trades dont interfere with other styles of trading, and trading on various time frames may help stabilize income when experiencing a tough time day trading.


Only Wait for the Best Day Trading Opportunities in the EURUSD (or whatever pair you are trading)


There is the option to wait for only the highest quality trades in the pair you are currently trading. This option is attractive because you arent constantly switching back and forth between different pairs and time frames. You are also forced to really adapt your trading to whatever the market throws at you. This will likely help you become a better trader over time. Also, it teaches patience. There are good opportunities in all market conditions, but instead of 10 trades a day, now there may be only one or two. But if you capitalize on those opportunities you can still make a living, even during the tough times. While there are some perks to this option, it is also tough. Waiting for those great trades, which dont occur very often in poor conditions, will takes loads of patience and discipline.


What does waiting for the best opportunities mean? It means you wait for more pieces of evidence to line up. For example, you have a nice upward trend underway (which is rare when conditions are crappy) but you know that you likely cant just buy at the usual pullback spot. Instead you opt to wait a bit.
The price pulls back and consolidates (usually where we are looking to buy) and you wait. You need a bit more evidence. The price drops out the bottom of the consolidation, and then quickly rallies. That little false breakout to the downside is a bit of extra confirmation for an upside moveand it is those little pieces of extra evidence we need to wait for in tougher conditions. That is just one example. Almost every chapter in the Forex Strategies Guide for Day and Swing Traders looks at other formations and pieces of evidence you can watch for.


Is there a best way to ride out day trading struggles?


Keep working at it. Every trader must forge their own path. After you have acquired some basic strategies, it is up to you to determine how you will implement them in ever changing market conditions. Some traders may opt to just sit on the sideways while conditions are crappy, or only take advantage of the best opportunities that occur each day. Others may try trading a different pair, while others may alter their trade time frame. There is no perfect solution. All are viable options.


Success is up to each us. Its not the markets fault; it is our responsibility to adapt to what the market is gives us.


Final Word On Struggling to Day Trade the EURUSD
Most of the time, struggles with trading are related to what we are doing, and the market isnt to blame. Occasionally though, market conditions do change making it much tougher to day trade consistently and at the same profitability level that we traded at in the past (when conditions were more favorable). Even when conditions arent favorable, dont blame the market. Make a change! Markets are always changing and we need to adapt with them.

Over time, one of the main things I notice is that day traders tend to struggle when the EURUSD goes from higher volatility to low volatility. Trading opportunities are less frequent, and price movements may be more choppy. Often, instead of just waiting for one or two good trades each day, traders take way more tradestrying to do what they did in the pastbut the conditions dont allow for this and the result is a bunch of losing trades.


After you have confirmed that conditions have changed (and it isnt just poor decision making), and a particular pair doesnt currently suit your strategies, then there are a few options: trade the same pair but wait for only the best opportunities (may only mean one trade per day), switch to a pair that offers better movement for your day trading strategies, or focus on a longer time frame.


Its the people that overcome all these (constant) obstacles that are successful traders over long periods of time. Failure to adapt to changing conditions means a short-lived trading career.

If you want to learn about day trading (or swing trading) successfully, check out the Forex Strategies Guide for Day Swing Traders eBook.

300+ Pages and more than 20+ strategies combined with trading psychology and a 5 step method for becoming a winning trader.

by Cory Mitchell, CMT


Posted in Forex Trading | Tags: forex strategies, forex trading basics |

1. Patrick says:
   March 23, 2017 at 20:31
   

   Great post. I found myself doing very well trading the EUR/USD 1min in late 2016 and early 2017 but more recently, especially Feb and March found myself falling apart.

2. 
   

   During the good times I was disciplined, took trades that made sense and when they didnt work out, knew why (end of the trend or complex pullback underway ,etc.)

   1. Cory Mitchell, CMT says:
      March 24, 2017 at 10:30
      

      Great insights. Feb and March is when volatility really fell off, so yes, definitely some market changes.

   2. 
      
      
      It can sometimes be hard to see when conditions change because it happens slowly. In My Tactical Day Trading Cheat Sheet article (https://vantagepointtrading.com/archives/18529) I mention something a bit weird: chart scale.
   3. 
      
      
      
      When I log in I set my y-axis to the same number every day (at least temporarily). For example , if it is always 50 pips, and the price moves take up your whole screen, you get used to seeing that. Then if you notice one day the price is barely moving around the screen, then you know that volatility is way different than you are used to trading. Simply HOW a chart looks can throw you off.
   4. 
      
      
   5. 
      

      When volatility is very low, MT4 zooms in and makes it look normal, but in fact it may not be normal to you.

   6. 
      
      
      So at the start of the day, choose a specific number of pips and align the y-axis to that (so it only shows a certain number of pips). This gives you a very quick glance at whether volatility is normal (for what we are used to) or super low, or high. Of course there are other ways see if volatility is low/high, but I find this method very quickly shows me how the whole day has been shaping up.
   7. 
      
      
   8. 
      

      For example, on March 24 2017. If we expand the y-axis to about 50 pips we basically the see the price channeling sideways (with the occasional tiny trend) in about a 20 pip range the whole london/us overlap periodnot exactly ideal for day trading. There may be one or two trades in there, but you need to be VERY selective. If you dont adjust the y-axis most software zooms in and it looks like normal trends (until you measure them and see most of the moves are pretty tiny)

   9. 
      
      
      Usually by doing that little test (adjusting y-axis) when I log in, I can instantly tell if I want to trade that day or not
   10. I do this on all markets: forex, stocks, forex. If you trade the same asset (like EURUSD, or ES futures) everyday, keep the perspective the same each day. I find it helpful.

   
   

3. 
   

   Then probably starting sometimes in February, things began to fall apart. I was used to the nice trending rhythmic movement of the previous months and when I wasnt getting it, was forcing it. Since Im relatively new as a trader, the balancing act of NOT ONLY knowing when to trade and when to stay out BUT when market conditions are also changing is something that I have yet to experience.

4. 
   

   So rather than realizing that the market isnt giving me what I want and/or being more patient, undisciplined and impatient trading came rearing its ugly head. I started trying to fade the HOD/LOD, entering on a long pin bar, trying to catch the reversal of a sharp move just doing things that arent in my playbook.

5. 
   

   I blamed it all on myself (which is mostly true) but for reasons more so dealing with the fact that I was no longer seeing the market well. But this article has shown me that maybe I was seeing the market just as well as I was when trading well but the market just wasnt giving me what I wanted.

6. 
   

   Just another learning experience and why it is so hard to be successful. A fine balancing act between realizing market conditions just arent the same and not being stubborn to keep forcing what used to work or taking random trades you saw once in a technical analysis book. Adapt and grow.

   
   

Hi Benjamin & Everyone else.

Thanks for your posts last night. I am looking forward to today's NFP trades.

Here is your updated screenshot

https://www.armstrongeconomics.com/m...ushing-higher/


https://armstrongmedia.s3.amazonaws....W-4-6-2017.jpg
Trump authorized the U.S. military to launch more than 50 missile strike aimed at an airfield near Homs. Trump has stated that he had targeted the Syrian airfield from which an earlier chemical attacked had been launched. He also called on other countries to end the bloodshed in Syria. Secretary of State Rex Tillerson said that Russia had failed to carry out a 2013 agreement to secure Syrian chemical weapons, suggesting that Moscow was either complicit or incompetent in its ability to uphold that deal. Trump said publicly:



“On Tuesday, Syrian dictator Bashar al-Assad launched a horrible chemical weapons attack on innocent civilians. Using a deadly nerve agent, Assad choked out the lives of helpless mean, women and children. It was a slow and brutal death for so many. Even beautiful babies were cruelly murdered in this very barbaric attack.”
While the breakout still requires getting through 1362, resistance still stands at the 1287 area. Technical resistance for tomorrow stands at 1270-1271 and we need to see a closing above that for this week to imply a bump higher into next week.

Categories: Gold, War
« Greece & Turkey – Is War in the Future?

https://armstrongmedia.s3.amazonaws....W-4-6-2017.jpg
Trump authorized the U.S. military to launch more than 50 missile strike aimed at an airfield near Homs. Trump has stated that he had targeted the Syrian airfield from which an earlier chemical attacked had been launched. He also called on other countries to end the bloodshed in Syria. Secretary of State Rex Tillerson said that Russia had failed to carry out a 2013 agreement to secure Syrian chemical weapons, suggesting that Moscow was either complicit or incompetent in its ability to uphold that deal. Trump said publicly:



“On Tuesday, Syrian dictator Bashar al-Assad launched a horrible chemical weapons attack on innocent civilians. Using a deadly nerve agent, Assad choked out the lives of helpless mean, women and children. It was a slow and brutal death for so many. Even beautiful babies were cruelly murdered in this very barbaric attack.”
While the breakout still requires getting through 1362, resistance still stands at the 1287 area. Technical resistance for tomorrow stands at 1270-1271 and we need to see a closing above that for this week to imply a bump higher into next week.

Categories: Gold, War
« Greece & Turkey – Is War in the Future?

Good Forex Day Ladies and Gentleman

Please come back to this post as I will keep updating it during the morning. We have a very unique situation this morning.

Leading the way is GEOPOLITICAL because of the following factors.

(1) The strike by the USA on Syria.
(2) The early reaction by Russia calling for an emergency hearing at the UN.
(3) The meeting this morning with China
(4) The effect of the strike on China and how North Korea will react.

Then we have Non Farm Payroll at 8:30 AM Eastern Standard Time.

We also have the vote for the next Supreme Court Justice scheduled for 11:30 AM today.

I will start of by linking the Finviz 5 minute chart of US 30 (Dow 30)

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

Look at how it reacted after the Airstrike occurred around 10 PM Eastern Standard Time and it's reaction as of now.

These charts will update as we go through the morning based on FACTS (NFP) and reactions to this along with the GEOPOLITICAL issues and that is why we also keep a close eye on US Dollar Index and Gold.

Here is the 5 minute chart on the US Dollar Index and you can see that MONEY FLOWED into the US Dollar Index.

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

Now we turn to Gold and the 5 minute chart on Gold.

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

Notice how both Gold and the US Dollar Index went up at the same time and this is because at times like this the immediate HUMAN REACTION is for safety of Assets so the strength goes to the present Reserve Currency of the World , the US Dollar and into Gold.

Now I turn to the next safe haven currency and that is USD/JPY.

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

We can see here that since the US 30 actually went UP that money DID NOT FLOW into safety of the USD/JPY and you can see the CORRELATION between the Dow and USD/JPY. This was of course a GEOPOLITICAL event so now we turn our attention to Non Farm Payroll which will move the markets in a more predictable way.

I am also linking the 5 minute chart of EUR/USD so we can watch the reaction after NFP.

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

You can see how it got weaker as the US Dollar got stronger short term.

I point out that by coming back to this post all the charts will update as MONEY FLOWS and of course you can change the Time Frame of the charts.

I now will put more FOCUS on the US Bonds led by the 10 Year US Bonds. The 5 minute chart of the 10 Year US Bonds is now linked here.

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

Notice how MONEY initially FLOWED into the 10 Year US Bonds for SAFETY and of course the inverse happens with the YIELD as the Yield goes down. You can also see the IMMEDIATE HUMAN REACTION as once the 10 Year US Bonds went to 125.60 then it quickly reversed and went down to 125.30 so in effect YIELDS and Interest Rates went Up as the US Bonds sold back down. Are there any questions ? It is important that you understand this.

The US 30 (Dow 30) is now in positive as the ATTENTION TURNS to NFP as we will now do.

I wanted to deal with what has happened in LIVE TIME so that you would have an EXCELLENT PICTURE and understanding of how events (GEOPOLITICAL) affect the Asset Classes.

The time is now 7:05 AM Eastern Standard Time and I will update this post.

IT IS IMPORTANT THAT WE COMMUNICATE and that you ask me questions or perhaps point out something to me if you see something that I am not aware of or missed. So for the moment we cannot say if we have RISK OFF or RISK ON.

Good Day again and the news on Non Farm Payroll will be out in 45 minutes from now. The time is now 7:45 AM Eastern Standard Time here in Montreal.

Here is a PDF file which includes a good report and you should read through it quickly as I will do after I link it here.

http://www.eurexchange.com/blob/2977...k_20170407.pdf

I will post again at 8:00 AM and PLEASE do not be shy. Please post your questions or thoughts or anything that you care to share as we wait for Non Farm Payroll in 45 minutes.

The time is now 8:00 AM and I have started to update my post. Here is what I suggest that you do and that is do what I just did. Go quickly through all the charts and that takes less than a minute so that you can see any changes in the various Asset Classes. Everything is quiet and stable until we see the NFP which is estimated at 175,000 with the UI Rate projected to be 4.7 which we ALL know is a NONSENSE FAKE NUMBER because all the workers no longer even counted which now is over 75 Million people

The time is now 8:30 AM and the numbers are 98,000 WOW !!!

I will come back with my ANALYSIS around 9:00 AM Eastern Standard Time. Please post any questions that you have. Thank You...

The time is now 9:01 AM Eastern Standard Time in Montreal, Quebec, Canada and I will post my thoughts that I have posted already on another post so that all my Forex trading views and trades all are on this one post.

I have put on three positions as of now. I have gone SHORT one position of US 30 and SHORT one position of SPX500 and SHORT one position of USD/JPY.


I have given all of you here a excellent view and understanding in live time. There are fortunes to be made if and when you understand what I teach here however this is not a matter that can be learned in a few minutes. I have invested an incredible amount of time here as has KeepCalmfx and what my goal here now is to build up material for the new corporate website.

All questions and comments are welcome. It is hard to know if you understand me unless I have feedback.

Thank You....

ON EDIT .... Thank You Very Much KeepCalmfx for your daily charts and I point out to you and Roger SK that when you look at your charts and my post with the LIVE CHARTS from Finviz you can see the PERFECT CORRELATION.

We also see the MONEY FLOW TRADING METHOD work perfectly.

I put on only one position of each of the three Currency CFD pairs just to be in the markets since my initial expectation is for the markets to go down with RISK OFF however we may have other factors at work here as I have said earlier since the Markets open only at 9:30 AM Eastern Standard Time when the REAL MONEY FLOW STARTS. I am therefore waiting until 9:30 AM and of course 10:00 AM (Option Expiry) and the Europe close for the weekend at 11:30 AM and of course ALL the GEOPOLITICAL EVENTS. I will copy and paste this into my trading post of this morning so that we will have a record of what happened and we can refer back to it whenever we need to teach and show what you need to know and do. A POST for the AGES (SMILE)




Benjaminis

We must look at both sides of the same story as HISTORY has been very clear eventually about the TRUTH. I share this article.

https://dollarvigilante.com/blog/201...ag-attack.html

Everything you have been taught by the US government has been a lie.


The US is not the land of the free. It is, in fact, one of the least free places in the world with the largest concentration camp population, per capita, by a large margin and the biggest extortion racket in the world, extorting Americans via the IRS for more than $2 trillion per year.


The US is not the home of the brave. If it were, the American people would not allow the US government to constantly scare them into giving up what freedoms they have left.


The President of the US is not the “leader of the free world”. He is the misleader of a fasco-communist dictatorship and empire that is currently destroying much of the world.


But, some Americans, dumbed down after 12 years of government indoctrination camps, fluoride in the water and deluged with government propaganda in the media, actually think the US government is there to protect them!


That’s the furthest thing from the truth. The US government is there to extort and enslave them. And when it can’t get enough wars going to keep people scared into submission, it starts some more.


That happened again this week in Syria…


Despite the fact that Syrian president Bashar Al-Assad has quite a bit of popular support and is held in high regard by the Syrian people, he and his country have been under constant attack by western globalists.


Since Assad has always refused to capitulate to the will of globalists who wish to dismantle his democratically elected regime, his country has been a focus point of western mainstream media propaganda.

For a while, the mainstream television programming narrative, AKA Fake News, was that Assad was using chemical weapons on his own people. The purpose of that rhetoric was to sway popular opinion into thinking it was necessary for NATO and US troops to intervene in the country to help the oppressed Syrian public who have supposedly fallen victim to Assad’s “tyrannical” evil-dictatorship.


Of course, Assad using chemical weapons and so-called barrel bombs on his own population was entirely false and the only reason these accusations were made was because the US would much rather install their own puppet dictator via coup d’etat who will easily bend to their globalist agenda.


Talk of Chemical weapon usage had died down because ultimately it had been exposed through alternative media outlets as being an entirely false propaganda narrative.


But now, somehow, the globalist elites are again trying to push the EXACT same false flag chemical weapon narrative.


Though now, luckily the public has really started connecting the dots. Especially because it is now more well-known that Killary Clinton and the O’bomber regime were responsible for moving Libyan sarin nerve gas into the hands of US-backed “Moderate Rebels” in Syria.


According to the infamous investigative journalist Seymour Hersh, in 2012, after the O’bomber administration took out Gaffafi and Killary cackled about his death, part of the end goal for the administration included setting up a secret agreement where funding and support would ultimately come from Turkey, Saudi Arabia, Qatar, the CIA, and MI6, to facilitate the transport of Gaddafi’s chemical weapon arsenals into Syria for false flag purposes.


And Hersh wasn’t the only guy to speak out about the truth of the situation. Journalist Christoph Lehmann released an article on October 7th, 2013 headlined, "Top US and Saudi Officials responsible for Chemical Weapons in Syria". In the article, Lehmann mentioned that:
"Evidence leads directly to the White House, the Chairman of the Joint Chiefs of Staff Martin Dempsey, CIA Director John Brennan, Saudi Intelligence Chief Prince Bandar, and Saudi Arabia’s Interior Ministry."


There are many other non-mainstream news outlets speaking the truth about the nature of the Syrian situation, but if you believe that history repeats itself then you will have no trouble believing the intention for all of this propaganda is to install a Western-backed regime in Syria.


In fact, the CIA’s first coup in Syria was actually carried out in 1949, overthrowing a democratically elected leader in an effort to enable a pipeline for Saudi oil to flow through Syria and into the largest oil market; Europe. Not surprisingly, the construction of the pipeline started the next year in 1950.


Much of this is all part of the template we’ve seen for decades with the US government destroying much of the Middle East on behalf of Israel.


General Wesley Clark has already exposed how this was all planned and put into place only 10 days after 9/11. Within days of 9/11, as if they had already had it planned, Clark was told that the US Department of Offense would attack, invade and occupy seven countries: Iraq, and then Syria, Lebanon, Libya, Somalia, Sudan and, finishing off, Iran.


To date, they have acted upon three, in addition to Afghanistan: Iraq, Libya, and Syria.


You may recall that the Iraq invasion was, according to Donald Rumsfeld, going to take “six days, maybe six weeks" but certainly less than six months.”
It has now been 14 years and the US is still occupying Iraq.


Dick Cheney, back in 1994, warned that going into Iraq would be a “quagmire” and would only serve to destabilize the entire region.

Less than a decade later, he did exactly that. But he, Rumsfeld, Bush and others all said that removing Saddam Hussein would make Iraq far better off. The opposite is true.


Then, under Barack O’Bomber, the US took out Qaddafi in Libya saying it would make Libya far better off. The opposite is true.


And now Trump, based on what almost clearly is a false flag attack done by the CIA-backed rebel forces, wants to take out Assad saying it would make Syria far better off. It won’t.


And, take a moment to think about what has happened just in the last few days.

Assad was on the verge of victory in Syria. Peace talks were set to happen shortly with him having the clear upper hand. The United States government announced the goal in Syria was no longer the removal of Assad. Everything seemed to be in his favor.


Taking this into account, why would he then turn around and use chemical weapons on his own people and turn the whole world against him?


The obvious answer is: he wouldn’t. This is the same old tricks of the evil US empire.


In the past, the US, along with Israel, tried to sink the USS Liberty in order to get support to attack Vietnam in the Gulf of Tonkin.


9/11 was a false flag attack in order to attack Afghanistan and start the War of Terror that rages on to this day.



Remember “weapons of mass destruction” in Iraq? That was supposedly the whole reason for the US invading. Turned out there weren’t any. And George W. Bush went on to laugh about it along with the mainstream media presstitutes years later.


And, as for Libya, they didn’t even really have a reason to just start carpet bombing that country except for the claim that Muammar Gaddafi was supposedly a brutal dictator - though now that he is dead, the country is in worse shape than ever.

https://dollarvigilante.com/wp-conte...ied.jpg?x63122

And, now they continue to try to attack, occupy, and overthrow Syria as per their plans to take over the entire region.


It’s the same old playbook and hopefully soon people stop falling for it and have people like George W. Bush, Dick Cheney, Donald Rumsfeld, Barack Obama and many others arrested and tried for crimes against humanity. And Trump too if he carries out an attack on Syria.


A big part of the globalist plan is to bankrupt the US, collapse the US dollar and then bring in a one world government and one world currency.


They are well on their way to it, too. Don’t listen to fake news like CNBC who tell you that everything is fine because the stock market is up. It’s only up because the Federal Reserve continues to print avalanches of Federal Reserve Notes which will eventually lead to hyperinflation.


You can help stop their agenda by sharing this information. Many people still get most of their information from the Fake News mainstream media.


And you can help yourself by preparing for the planned collapse. Download our free ebook, Getting Your Gold Out Of Dodge, here to learn how to prepare. And subscribe to The Dollar Vigilante newsletter (more here) for all the best info, analysis and recommendations on not only how to survive the collapse of the dollar and all other fiat currencies, but to prosper.


As we go to publish this, it appears there is talk of Trump getting ready to launch missiles at Syria. This is and would be not only unconstitutional but a war crime and crime against humanity.


Unfortunately, Donald Trump’s views on things have changed since 2013… they used to be reasonable.

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About the Author
Anarcho-Capitalist. Libertarian. Freedom fighter against mankind’s two biggest enemies, the State and the Central Banks. Jeff Berwick is the founder of The Dollar Vigilante and host of the popular video podcast, Anarchast. Jeff is a prominent speaker at many of the world’s freedom, investment and cryptocurrency conferences including his own, Anarchapulco, as well as regularly in the media including CNBC, Bloomberg and Fox Business. Jeff also posts exclusive content daily to the new blockchain based social media network, Steemit.

http://theeconomiccollapseblog.com/a...sad-from-power

Trump Prepares ‘Military Response’ For Syria As Tillerson Works To Form A ‘Coalition’ To Remove Assad From Power
http://theeconomiccollapseblog.com/w...icons/user.gif By Michael Snyder, on April 6th, 2017


http://theeconomiccollapseblog.com/w...in-460x298.jpgIt makes me physically ill when I think that the U.S. could be on the verge of starting a disastrous war in the Middle East that will not benefit us in any way, shape or form. I can’t believe this is happening, and a lot of other people apparently can’t either. In fact, there were some that heavily criticized me when I suggested that Donald Trump had just committed to taking military action in Syria in part 1 and part 2 of this series of articles.

But less than 24 hours later, the front page of USA Today was running this jarring headline: “Trump team developing military response in Syria”. It is interesting to note that this came on the 77th day of Trump’s presidency, and on Thursday it was also revealed that the Trump administration is working to put together an international coalition to remove Syrian President Bashar al-Assad from power. The following comes from Fox News…


America’s top diplomat addressed the Syria crisis a day after Trump declared in the Rose Garden that the chemical strike would not be tolerated. Tillerson pointedly said Russia should “consider carefully” its support for the Assad regime, while calling for an international effort to defeat ISIS in Syria, stabilize the country and ultimately work with partners through a political process that leads to Assad leaving power.


Asked if the U.S. would organize a coalition to remove Assad, Tillerson said: “Those steps are underway.”


U.S. Secretary of State Rex Tillerson also told the press that Assad has “no role” in governing Syria in the future, and he pledged there there will be a “serious response” to the recent chemical attack in Syria’s Idlib province.


Of course it is extremely doubtful that Assad had anything to do with that chemical attack, and I am going to share some more of that evidence with you in part 4 of this series.


In terms of what that “serious response” will look like, a lot will be determined over the next 48 hours as Trump consults with his top national security advisers…
Defense Secretary James Mattis will brief President Donald Trump at Mar-a-Lago on military options against Syrian leader Bashar al-Assad’s regime later on Thursday in the wake of a deadly attack which activists said killed at least 100 people — including 25 children — and injured at least 400 others earlier this week.


The White House and Pentagon have had detailed back-and-forth conversations over the past two days over options including a National Security Council meeting Wednesday. Mattis and National Security Adviser H.R. McMaster have had repeated contact about the best way forward, a U.S. official told NBC News.
It is being reported that airstrikes and the use of cruise missiles against Syrian targets are among the initial options under consideration.


If Trump drops a few bombs or fires of a few cruise missiles that likely wouldn’t spark a broader conflict, but there is one option that is reportedly being considered that could bring us into direct military conflict with Russia. According to The Intercept, the Trump team is actually considering a “saturation strike” which would result “in Russian military deaths”…

The proposed strike would involve launching Tomahawk cruise missiles to overwhelm Russian air defense systems used by the Syrian military. The Russian government currently helps maintain the air defense sites and advises the Syrian military.

According to both U.S. military officials, the current proposal would likely result in Russian military deaths and mark a drastic escalation of U.S. force in Syria.

One U.S. military official said the decision to allow the strikes, which would kill Russians, signals a significant change in policy by the Trump administration. A decision by Trump to go forward with the plan would be a reversal from the Obama administration, which denied multiple air strike proposals that would likely cause Russian personnel casualties in Syria.


If that happens, any hope for improved relations with Russia will be permanently extinguished and it could easily result in the Russians shooting back at us.
The Russians have S-300 and S-400 air defense systems already in place in Syria. Both of those systems are some of the most advanced in the world and are a significant threat to U.S. warplanes.


As I discussed yesterday, it is not difficult to imagine what would happen if footage of U.S. aircraft being blown out of the sky by Russian missiles started rolling on our cable news channels 24 hours a day.


Even now, U.S. Senators John McCain and Lindsey Graham are urging President Trump to consider “the grounding of Assad’s air force”…

“In addition to other measures, the United States should lead an international coalition to ground Assad’s air force. This capability provides Assad a strategic advantage in his brutal slaughter of innocent civilians, both through the use of chemical weapons as well as barrel bombs, which kill far more men, women and children on a daily basis … Ultimately, the grounding of Assad’s air force can and should be part of a new comprehensive strategy to end the conflict in Syria.”


Of course if Trump goes to war with another sovereign nation without the approval of Congress that would be a blatant violation of the U.S. Constitution, and that is something else that I would be talking about in part 4 of this series.


Even though I am writing about all of this, I still have a hard time believing that this is all happening less than three months into Trump’s presidency. The stage is being set for the kind of scenario that I outlined in The Beginning Of The End, and right now I am far more alarmed by the state of world events than I was at any point in 2016.



I am particularly disturbed by all of this talk about removing Assad.

How in the world does the Trump administration plan to do that?

Even if they conduct a massive bombing campaign that would turn Damascus into a “ruinous heap”, that would still not guarantee regime change.

The only thing that would guarantee regime change is a full-scale ground invasion and the conquest of the entire city of Damascus.

Of course the Russians, the Iranians and Hezbollah would not willingly step aside and let “coalition forces” march to Damascus, and so such a move could very easily spark World War 3 in the Middle East.


I can’t believe that Trump is actually thinking of going to war with Syria. There is nothing to be gained and so much that could be lost. Let us hope that someone can talk some sense to him while there is still time to do so.
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April 6th, 2017 | Tags: Death, Deaths, Donald Trump, Medical, Pain, Painful, President Trump, Syria, Trump, War | Category: Commentary

Comments from Benjaminis: You can see by my choice of articles by different authors that I am very familiar with that by having all the information all the time and by constantly staying in touch with REALITY NOT PERCEPTION or SPIN that the awareness allows for the understanding of the Global Picture both GEOPOLITICAL and FINANCIAL'

I strongly recommend that when you trade especially at times such as now, that you MUST have LIVE TV in front of you and as much as they sometimes spin the party line without having access to the information live along with the graphics and the breakdowns you lose some of the EDGE.

The markets are very much influenced by the INITIAL COMMENTS from like organizations such as Bloomberg and CNBC and other financial networks that allow for PERCEPTIONS to be formed and usually within 24 hours the PERCEPTIONS change as the MONEY FLOW and the Markets show us the REALITY.

I could not trade without CNBC or other sources LIVE in front of me. I also as KeepCalmfx knows will be soon arranging for RANSQUACK and it will be available to all on our new corporate website planned for launch on May 15, 2017.

We now have 15 minutes before we ALL see the numbers.


Benjaminis

http://economicprism.com/credit-cont...des/#more-5453

← Failure to Launch

Credit Contraction Episodes
Posted on April 7, 2017 by MN Gordon
http://economicprism.com/wp-content/...etResearch.jpgTaking the path of least resistance doesn’t always lead to places worth going. In fact, it often leads to places that are better to avoid. Repeatedly skipping work to sleep in and living off credit cards will eventually lead to the poorhouse.


The same holds true for monetary policy. In particular, cheap credit policies that favor short-term expediency have the effect of layering society up with an abundance of long-term mistakes. Artificially suppressed interest rates via central bank asset purchase schemes are not without consequences.


What’s more, once set in motion these consequences don’t stop until they’ve fully run their course. The booms of plentiful credit must always be followed by the busts of unserviceable debt. As more and more debt drifts into arrears the debt structure breaks down. Yet when the actual tipping point is crossed is often unclear until after the fact.

Quantitative easing “officially” ended over two years ago. The interim period has been relatively sanguine; asset prices have continued to inflate. But lurking around the corner is the inevitable downside of quantitative easing.


As we’ve seen, the downside’s onset has taken years to manifest. Nonetheless, credit markets are now signaling a breakdown. Moreover, we expect these signals to grow ever louder as the year progresses.


The Insanity of the Echo Bubble
In a recent article titled LIBOR Pains, Pater Tenebrarum succinctly describes the nature of the problem:
“There are several points worth noting in this context: 1. corporate debt relative to assets is back at a record high (last seen at the peak of the late 1990s mania); 2. US corporations are spending far more than they are taking in, i.e., the sum of capex, investment, dividends and stock buybacks vastly exceeds their gross cash flows – the gap is in fact at a record high, above the previous record set in 2007. 3. the return on equity of US corporations is at a record low (yes, you read that right!).”


Obviously, the palette of high debt, low profitability, and low return on equity paints a grim picture of things to come. So how did corporate officers manage to paint themselves into such a tight corner?


In short, false signals from the Fed’s cheap credit compelled them to make decisions that otherwise wouldn’t have made good business sense. An abundance of debt was taken on to make business investments that have not panning out. Financial engineering has also exacerbated the mistakes.


The big banks packaged their corporate loans into collateralized loan obligations and passed them off to hedge funds. This served to further the debt gorge. Again, Pater explains:
“The opportunity to make a paltry 8 percent per year on an investment that is leveraged 10:1 was apparently considered such a great deal that it was expected to trigger sufficient demand for these securities to drive up their prices – in spite of the fact that banks no doubt were and are producing them by the wagon-load. That is certainly testament to the insanity of the echo bubble.”

Unfortunately, this insanity has real consequences. Financial markets, and the Fed’s cheap credit, may be where these debt bubbles start. But it is not where they stop. They extend out into the real economy, where they disfigure the landscape in absurd ways.


Credit Contraction Episodes
Numerous capital resource misallocations have developed over the last eight years. In some areas, the resulting market distortions have reached a perilous state. For these markets, new credit is no longer expanding; rather, it’s contracting.


For example, too many people have borrowed too much money to buy too many cars. Many even used the Fed’s cheap credit to buy cars they couldn’t afford with money they could never pay back. Auto loan delinquencies, now at $23.27 billion, haven’t been this high since late-2008.


Like corporate debt, the flow of consumer credit was further liquefied by the bundling of subprime car loans into asset backed securities. This, in turn, provided false signals to the automotive industry. Business leaders made capital investments to increase automotive production capacity that was never needed in the first place.


Not only were too many cars bought with cheap credit. The same cheap credit that financed the extraneous car purchases was used to finance the production of extraneous cars. In other words, a great big mistake has taken place.

Now the automotive industry has a great big problem on its hands. The Detroit News lays out the particulars:
“New- and used-car sales have increased seven years in a row as the economy has improved, a streak not seen since the 1920s, but industry analysts worry that the used-car market may not be able to easily digest a record number of vehicles with expired leases being listed for sale.


“Most leases are for 36 months, so three years after they leave dealerships they come back as used cars, and in 2017 the auto industry is bracing for a record 3.6 million off-lease vehicles.”


There are simply too many cars to go around. Hence, auto sales are no longer going up. They’re going down. Specifically, U.S. auto sales declined in March for the third month in a row. Naturally, these are the sorts of unwelcomed credit contraction episodes that happen just before the debt structure breaks down in earnest.

Sincerely,
MN Gordon
for Economic Prism

Return from Credit Contraction Episodes to Economic Prism
This entry was posted in Economy, MN Gordon and tagged auto loan delinquencies, bubble, business cycle, collapse, debt. Bookmark the permalink.
← Failure to Launch


Comments from Benjaminis: It is very useful to read an article such as this one in more quiet time however I wanted to post it now since we will soon have MUCH NOISE however not much REALITY only NEW or OLD PERCEPTIONS based on FAKE NEWS !!! That is the BLS NFP Number.

Here are the charts and the numbers is out.

I have put on three positions as of now. I have gone SHORT one position of US 30 and SHORT one position of SPX500 and SHORT one position of USD/JPY.

It would be nice if we can communicate since it does get boring talking to myself.

I have given all of you here a excellent view and understanding in live time. There are fortunes to be made if and when you understand what I teach here however this is not a matter that can be learned in a few minutes. I have invested an incredible amount of time here as has KeepCalmfx and what my goal here now is to build up material for the new corporate website.

All questions and comments are welcome. It is hard to know if you understand me unless I have feedback.

Thank You....

ON EDIT .... Thank You Very Much KeepCalmfx for your daily charts and I point out to you and Roger SK that when you look at your charts and my post with the LIVE CHARTS from Finviz you can see the PERFECT CORRELATION.

We also see the MONEY FLOW TRADING METHOD work perfectly.

I put on only one position of each of the three Currency CFD pairs just to be in the markets since my initial expectation is for the markets to go down with RISK OFF however we may have other factors at work here as I have said earlier since the Markets open only at 9:30 AM Eastern Standard Time when the REAL MONEY FLOW STARTS. I am therefore waiting until 9:30 AM and of course 10:00 AM (Option Expiry) and the Europe close for the weekend at 11:30 AM and of course ALL the GEOPOLITICAL EVENTS. I will copy and paste this into my trading post of this morning so that we will have a record of what happened and we can refer back to it whenever we need to teach and show what you need to know and do. A POST for the AGES (SMILE)


Benjaminis

Hi Benjaminis

I see the usd is strengthening. This must be due to safe haven flows...... Risk off.. but the Dow is retracing a downward swing..

Hi Benjamin

Here is a screenshot on your 3 positions.

It is weird how the market has reversed now even with the bad figure that came out, maybe as you mentioned it is because of the other GEOPOLITICAL events.
P.s that is also why it is important to have a live news feed for the news. Looking forward to RANSQUACK when the website is up and running as my free trail has expired.

Roger_SK

Please keep going back to my main post and click on the various charts. There are too many variables at the moment. First of all we only KNOW if we have RISK OFF when the North American Equity Markets open.

The main event for today was the NFP number of 98,000 and that was NOT EXPECTED by anyone so now PERCEPTIONS change and now it means that if the economy is WEAK not STRONG as the SPIN was then they will not RAISE INTEREST RATES and the US Dollar will get weaker now however we have the GEOPOLITICAL issue so we do not exist in a vacuum.

We need to allow new PERCEPTIONS to form and see how the markets trade.

Please ask me an other questions that you have and if my explanation is clear to you and others.

Thank You


Benjaminis

THIS IS FROM MY ORIGINAL POST 2805 !!!

Good Forex Day Ladies and Gentleman

Please come back to this post as I will keep updating it during the morning. We have a very unique situation this morning.

Leading the way is GEOPOLITICAL because of the following factors.

(1) The strike by the USA on Syria.
(2) The early reaction by Russia calling for an emergency hearing at the UN.
(3) The meeting this morning with China
(4) The effect of the strike on China and how North Korea will react.

Then we have Non Farm Payroll at 8:30 AM Eastern Standard Time.

We also have the vote for the next Supreme Court Justice scheduled for 11:30 AM today.

I will start of by linking the Finviz 5 minute chart of US 30 (Dow 30)

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

Look at how it reacted after the Airstrike occurred around 10 PM Eastern Standard Time and it's reaction as of now.

These charts will update as we go through the morning based on FACTS (NFP) and reactions to this along with the GEOPOLITICAL issues and that is why we also keep a close eye on US Dollar Index and Gold.

Here is the 5 minute chart on the US Dollar Index and you can see that MONEY FLOWED into the US Dollar Index.

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

Now we turn to Gold and the 5 minute chart on Gold.

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

Notice how both Gold and the US Dollar Index went up at the same time and this is because at times like this the immediate HUMAN REACTION is for safety of Assets so the strength goes to the present Reserve Currency of the World , the US Dollar and into Gold.

Now I turn to the next safe haven currency and that is USD/JPY.

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

We can see here that since the US 30 actually went UP that money DID NOT FLOW into safety of the USD/JPY and you can see the CORRELATION between the Dow and USD/JPY. This was of course a GEOPOLITICAL event so now we turn our attention to Non Farm Payroll which will move the markets in a more predictable way.

I am also linking the 5 minute chart of EUR/USD so we can watch the reaction after NFP.

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

You can see how it got weaker as the US Dollar got stronger short term.

I point out that by coming back to this post all the charts will update as MONEY FLOWS and of course you can change the Time Frame of the charts.

I now will put more FOCUS on the US Bonds led by the 10 Year US Bonds. The 5 minute chart of the 10 Year US Bonds is now linked here.

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

Notice how MONEY initially FLOWED into the 10 Year US Bonds for SAFETY and of course the inverse happens with the YIELD as the Yield goes down. You can also see the IMMEDIATE HUMAN REACTION as once the 10 Year US Bonds went to 125.60 then it quickly reversed and went down to 125.30 so in effect YIELDS and Interest Rates went Up as the US Bonds sold back down. Are there any questions ? It is important that you understand this.

The US 30 (Dow 30) is now in positive as the ATTENTION TURNS to NFP as we will now do.

I wanted to deal with what has happened in LIVE TIME so that you would have an EXCELLENT PICTURE and understanding of how events (GEOPOLITICAL) affect the Asset Classes.

The time is now 7:05 AM Eastern Standard Time and I will update this post.

IT IS IMPORTANT THAT WE COMMUNICATE and that you ask me questions or perhaps point out something to me if you see something that I am not aware of or missed. So for the moment we cannot say if we have RISK OFF or RISK ON.

Good Day again and the news on Non Farm Payroll will be out in 45 minutes from now. The time is now 7:45 AM Eastern Standard Time here in Montreal.

Here is a PDF file which includes a good report and you should read through it quickly as I will do after I link it here.

http://www.eurexchange.com/blob/2977...k_20170407.pdf

I will post again at 8:00 AM and PLEASE do not be shy. Please post your questions or thoughts or anything that you care to share as we wait for Non Farm Payroll in 45 minutes.

The time is now 8:00 AM and I have started to update my post. Here is what I suggest that you do and that is do what I just did. Go quickly through all the charts and that takes less than a minute so that you can see any changes in the various Asset Classes. Everything is quiet and stable until we see the NFP which is estimated at 175,000 with the UI Rate projected to be 4.7 which we ALL know is a NONSENSE FAKE NUMBER because all the workers no longer even counted which now is over 75 Million people

The time is now 8:30 AM and the numbers are 98,000 WOW !!!

I will come back with my ANALYSIS around 9:00 AM Eastern Standard Time. Please post any questions that you have. Thank You...

The time is now 9:01 AM Eastern Standard Time in Montreal, Quebec, Canada and I will post my thoughts that I have posted already on another post so that all my Forex trading views and trades all are on this one post.

I have put on three positions as of now. I have gone SHORT one position of US 30 and SHORT one position of SPX500 and SHORT one position of USD/JPY.


I have given all of you here a excellent view and understanding in live time. There are fortunes to be made if and when you understand what I teach here however this is not a matter that can be learned in a few minutes. I have invested an incredible amount of time here as has KeepCalmfx and what my goal here now is to build up material for the new corporate website.

All questions and comments are welcome. It is hard to know if you understand me unless I have feedback.

Thank You....

ON EDIT .... Thank You Very Much KeepCalmfx for your daily charts and I point out to you and Roger SK that when you look at your charts and my post with the LIVE CHARTS from Finviz you can see the PERFECT CORRELATION.

We also see the MONEY FLOW TRADING METHOD work perfectly.

I put on only one position of each of the three Currency CFD pairs just to be in the markets since my initial expectation is for the markets to go down with RISK OFF however we may have other factors at work here as I have said earlier since the Markets open only at 9:30 AM Eastern Standard Time when the REAL MONEY FLOW STARTS. I am therefore waiting until 9:30 AM and of course 10:00 AM (Option Expiry) and the Europe close for the weekend at 11:30 AM and of course ALL the GEOPOLITICAL EVENTS. I will copy and paste this into my trading post of this morning so that we will have a record of what happened and we can refer back to it whenever we need to teach and show what you need to know and do. A POST for the AGES (SMILE)




Benjaminis

Here is the answer to your question or comment KeepCalmfx about weird.

Hi Benjamin

Here is a screenshot on your 3 positions.

It is weird how the market has reversed now even with the bad figure that came out, maybe as you mentioned it is because of the other GEOPOLITICAL events.
P.s that is also why it is important to have a live news feed for the news. Looking forward to RANSQUACK when the website is up and running as my free trail has expired.

Comments from Benjaminis

Normally I would not have made any Forex Trades at this moment however for myself my initial expectation was for the markets to go down so I went in to take perhaps quick profits before the 9:30 AM open of the Equity markets. Now we have the BAD NFP number and just now news of a NEW Terrorist Attack in Sweden and in spite of all the BAD NEWS the Markets are now positive.

I am going to SHORT one more position of what I have already put on which is my strategy now.

You can take another SCREENSHOT when you are able to SHOW my 6 open positions.

I will definitely STOP at the two positions of SHORT US 30 and SHORT SPX500 and SHORT USD/JPY.

I will now explain why....

First we still have Option Expiry for Currencies at 10:00 AM and then the Europe Equity Close at 11:30 AM for the weekend. NO MATTER WHAT the TREND is still down as to the FACTS ..... Not the IMMEDIATE REACTIONS or PERCEPTIONS.

We now talk about our Risk Management and our three Trade Plans. So with 6% Risk on each Trade Plan through three scaled in Forex Trades of 2% the LAST POSITION or Third Position has the Potential for the MOST PROFITS.

Is this clear to everyone ?

I have just closed 3 positions for a Net Profit of $1570 US Dollars and SO it Goes !!!

This Forex business is about KNOWLEDGE and CONVICTION and CONFIDENCE and DISCIPLINE.


Benjaminis

Hello KeepCalmfx

Do you have any questions on how I am trading Forex this morning ? I have been moving at a rapid pace and I have given myself a good base by having locked in the three profit trades before putting on other Forex trades..

I am the least comfortable with my USD/JPY Forex trades because of other issues with the GEOPOLITICAL situation and I might close those positions of USD/JPY first.

I am going to post this now.


Benjaminis

Thank you for the explanation. It do makes sense.
So after you took a quick profit on the 2 positions of +/- $500, your trading plan has an open position for one more position to make the position full of a total of 3 trades per trading plan?

Thank you Benjamin, no questions currently.