Search results

FTMO Trader Scouting
  1. A

    Weekly Trading Forecasts on Major Pairs

    Weekly Trading Forecasts for Major Pairs (June 26 - 30, 2017) Here’s the market outlook for the week: EURUSD Dominant bias: Neutral This market did nothing significant last week, save the movement between the resistance line at 1.1250 and the support line at 1.1100. The market has...
  2. A

    Weekly Trading Forecasts on Major Pairs

    Weekly Trading Forecasts for Major Pairs (June 19 - 23, 2017) Here’s the market outlook for the week: EURUSD Dominant bias: Bullish The market largely consolidated last week – in the context of an uptrend. A movement below the support line at 1.1100 could trigger a bearish signal, and...
  3. A

    Weekly Trading Forecasts on Major Pairs

    Weekly Trading Forecasts for Major Pairs (June 12 - 16, 2017) Here’s the market outlook for the week: EURUSD Dominant bias: Bullish Although the bias on this pair is bullish, bulls are getting tired of pushing price upwards. Price consolidated last week, moving between the resistance line...
  4. A

    Weekly Trading Forecasts on Major Pairs

    Weekly Trading Forecasts for Major Pairs (June 5 - 9, 2017) Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair consolidated in the first few days of last week, and then went slightly upwards. On Friday, price closed above the support line at 1.1250, targeting...
  5. A

    TRADING IN UNCERTAIN TIMES

    The problem of trading in uncertain times crept up on the Mentor Program Alumni forum and I have been thinking about my answer. The original answer I gave is shown below – I think one of the things you need to be able to do is to define what uncertainty is. If you opt for volatility as a proxy...
  6. A

    Weekly Trading Forecasts on Major Pairs

    Weekly Trading Forecasts for Major Pairs (May 29 – June 2, 2017) Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair consolidated last week, moving between the resistance line at 1.1250 and the support line at 1.1150. The resistance line at 1.1250 was tested...
  7. A

    Weekly Trading Forecasts on Major Pairs

    Weekly Trading Forecasts for Major Pairs (May 22 - 26, 2017) Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair went upwards by 290 pips last week, putting greater emphasis on the recent bullish bias that has formed this month. Price closed slightly above the...
  8. A

    Weekly Trading Forecasts on Major Pairs

    Weekly Trading Forecasts for Major Pairs (May 15 - 19, 2017) Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair is bullish in the medium-term, but neutral in the short-term. Price tested the support line at 1.0850, closing above the support line at 1.0900 on...
  9. A

    The Real Trading Success. It’s Not What You Think

    When I first went to university the initial week was filled with the usual getting to know the lay of the land such as how the library works (in a surprisingly mysterious way I might add), where various labs where and what the protocol for various subjects was. One of the most striking events...
  10. A

    Weekly Trading Forecasts on Major Pairs

    Weekly Trading Forecasts for Major Pairs (May 8 - 12, 2017) Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair went sideways from Monday to Wednesday, and then started rising upwards on Thursday, in the context of an uptrend. Price is now very close to the...
  11. A

    Weekly Trading Forecasts on Major Pairs

    Weekly Trading Forecasts for Major Pairs (May 1 – May 5, 2017) Here’s the market outlook for the week: EURUSD Dominant bias: Bullish Last week, this pair opened with a massive gap-up, which also happened on other EUR pairs. Price managed to reach the resistance line at 1.0950, and then...
  12. A

    Focus on the trading process not the money

    It may seem a contradiction to say that you don’t want to pay attention to the profit of a trade. In fact, many of you might be saying that this guy must be smoking rope to say that profit is unimportant. Well, to clarify, that is not what is being said. Of course, profit is one of the main...
  13. A

    Weekly Trading Forecasts on Major Pairs

    Weekly Trading Forecasts for Major Pairs (April 24 - 28, 2017) Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair trended upwards last week, briefly went above the resistance line at 1.0750, and then retraced southwards. There are support lines at 0.0700 and...
  14. A

    Weekly Trading Forecasts on Major Pairs

    Weekly Trading Forecasts for Major Pairs (April 17 - 21, 2017) Here’s the market outlook for the week: EURUSD Dominant bias: Bearish EURUSD consolidated from Monday to Friday, save a faint rally that was witnessed on Wednesday. The bearish bias on the pair still holds, though another...
  15. A

    Insights into the Mindset of Super Traders

    Speculation would first seem to be one of the easiest things on earth because you might think of making money by hitting bid and ask buttons for trading instruments of your choice. Hitting bid and ask buttons can be learned by everybody, but it remains a mystery that doing this does not bring...
  16. A

    Weekly Trading Forecasts on Major Pairs

    Weekly Trading Forecasts for Major Pairs (April 11 – 14, 2017) Here’s the market outlook for the week: EURUSD Dominant bias: Bearish In the context of a downtrend, this pair moved sideways from Monday till Friday, trending south on Friday. Price closed below the resistance line at 1.0600...
  17. A

    Weekly Trading Forecasts on Major Pairs

    Weekly Trading Forecasts for Major Pairs (April 3 - 7, 2017) Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair went upwards early last week, tested the resistance line at 1.0900 and then nosedived by almost 250 pips. Price is now very close to the support...
  18. A

    A Trading Question I Often Ponder

    Can you be too stupid to trade and the answer is obviously yes. If you are defeated by how your toaster works then trading is not for you, nor is anything else probably. However, my observation over the decades has been that despite what the industry would have you believe trading is not that...
  19. A

    Weekly Trading Forecasts on Major Pairs

    Weekly Trading Forecasts for Major Pairs (March 27 – 31, 2017) Here’s the market outlook for the week: EURUSD Dominant bias: Bullish EURUSD managed to hold out its bullishness last week, in spite of the current short-tern consolidation in the market. Price reached the resistance line at 1.0800...
  20. A

    Where Is The Money?

    One of the frustrating things about being a trend follower is that it takes time to overcome the inertia of a new system, particularly if that system is based upon slightly longer time periods such as weekly data. Part of the frustration that traders encounter is based upon the simple mechanics...
FTMO Trader Scouting
Back
Top