Pip Mavens Inner Circle » Chris

Thursday, September 09 Update

Chris — Thu, 09 Sep 2010 04:24:42 +0000

Hello everyone,

[Premium Content for Members Only. Please Subscribe To View.]

Wednesday, September 08 Update

Chris — Wed, 08 Sep 2010 06:42:38 +0000

Hello everyone,

Yesterday, the market collapsed over 150+ pips without a retracement, and there was absolutely no way we would have entered into a trade based on the H1 or H4 charts:

It is situations like these (that seem to be happening more often these days) that require traders to learn the proper way to scalp (i.e. trade off the smaller time frames).

The discounts and bonuses (you won’t believe the value we’re giving out) will be removed at the end of this week, so do join us quickly here.

Here’s my perspective of the market now:

[Premium Content for Members Only. Please Subscribe To View.]

Tuesday, September 7 Update

Chris — Tue, 07 Sep 2010 05:31:55 +0000

Hello everyone,

The EUR/USD broke below the H4 support level during the Asian session.

Here’s what I’ll be looking out for today:

[Premium Content for Members Only. Please Subscribe To View.]

Monday, September 6 Update

Chris — Mon, 06 Sep 2010 06:53:53 +0000

Hello everyone,

[Premium Content for Members Only. Please Subscribe To View.]

Friday, September 3 Update

Chris — Fri, 03 Sep 2010 06:34:03 +0000

Hello everyone,

The market has not moved much since yesterday, and I am still awaiting prices to hit the support/resistance level:

Thursday, September 02 Update

Chris — Thu, 02 Sep 2010 07:17:06 +0000

Hello everyone,

[Premium Content for Members Only. Please Subscribe To View.]

Wednesday, September 01 Update

Chris — Wed, 01 Sep 2010 02:14:09 +0000

Hello everyone,

The trade got triggered last night while I was asleep in bed, and is now 23 pips in the money.

(this is the H4 chart)

I will be looking to move my stop loss to breakeven soon.

GMT 02:17 – I have moved my stop loss to breakeven +1 pips. The first profit target is at the 50% retracement line (1.2600) — I may extend this profit target if the market shows signs of going lower (I think there’s a fair chance that it would).

GMT 05:07 - There was a big move up that stopped out the trade for +1 pip. Depending how on prices move from here, I may consider to go short again.

GMT 07:30 – The H4 chart looks to be forming a doji with a long top shadow (at the H4 resistance level). If the candle closes like this (in 30 mins) I will be looking to go SHORT again.

GMT 08:00 – The candle closed WITHOUT a long top shadow. Looks like the market still wants to move up some more. I will continue to wait on the sidelines.

[Premium Content for Members Only. Please Subscribe To View.]

Tuesday, August 31 Update

Chris — Tue, 31 Aug 2010 05:12:55 +0000

Hello everyone,

[Premium Content for Members Only. Please Subscribe To View.]

Monday, August 30 Update

Chris — Mon, 30 Aug 2010 02:42:15 +0000

Hello everyone,

[Premium Content for Members Only. Please Subscribe To View.]

Friday, August 27 Update

Chris — Fri, 27 Aug 2010 06:39:27 +0000

Hello everyone,

[Premium Content for Members Only. Please Subscribe To View.]