Which Markets to trade this week? Sunday Forex Chart Analysis and Trade Ideas

Sunday Analysis Video for the Week Ahead 

Hi, hope you are having a good weekend.

Earlier this month I had shared a video idea on tradingview about the Euro Dollar. Find out what happened NEXT.

What is the USDCAD doing and could you still trade it short?

WATCH HERE to Find Out What Markets to Trade Next Week? 

Hope you enjoy it and if you do please don't forget to hit the LIKE button and leave a comment if you have a question or a suggestion. 

Trading and Intuition

I Share with you a very good article written by Adam Milton, About.com Guide

Trading and Intuition 

I was once asked by a trader how they could determine if a market was moving decisively (i.e. was moving in a single direction), and my answer was that if they were not sure, then the market was not moving decisively. In other words, if they looked at a chart and they didn't immediately know which direction the market is moving, then it was not moving in a single direction.

Intuition and Instincts

I was suggesting to the trader that they use their intuition and instincts in deciding if the market was moving as they required, rather than a fixed measurement (e.g. an indicator being above or below a particular level). Intuition and instincts either play an important role in trading, or they play no role at all. This is because they apply differently to discretionary and system trading.

Discretionary Trading

Discretionary traders can (and very often do) use their intuition to confirm (or negate) their trading decisions. For example, a trader might decide not to make a trade because the trade would require a slightly larger stop loss than usual, even though all of their entry requirements had been met.

While discretionary traders are able to use their intuition and instincts in their trading, they need to make sure that they do not confuse them with fear and greed. (Immy: This is a Very Important Point)

For example, whenever a trader decides not to enter a trade based upon their intuition or instincts, they need to know why they are doing do, otherwise it is possible that the decision is based upon fear of a losing trade. Similary, if a trader decides to hold a trade longer than usual, they need to make sure that it is their intuition rather than greed that is making the decision.

Knowing the Difference b/w Intuition and Emotion 

Knowing the difference between intuition and emotions is something that will come with experience. (Immy: Here is an Easy Way to Find Out whether you are trading with Intuition or Emotions? The newbie might find him/her self mostly in the later category.) In the meantime, if you are making a trading decision and you find that your heart is racing or that you are starting to sweat, you are probably making an emotional rather than an intuitive decision.

 

System Trading

System traders on the other hand, cannot use their intuition in their decision making process. System traders make their trading decisions during their testing and analysis of their trading system, rather than during live trading. If a system trader starts using their intuition and instincts to modify their trading decisions, they are no longer a system trader, and they may need to modify other aspects of their trading accordingly (i.e. there is no such thing as a part discretionary and part system trader).

Summer shall never end!

Hi

Most people say Summer months are quite and trading is slow but we tell a different story using AIMS Stress Free Trading. We have an edge. We think that is because we are always aware of the market and we adapt quickly to the ever changing market conditions. The biggest feature of our system is that we are a community of traders and ever growing and improving. We know and trade instruments and time frames that keeps ticking all year long.

We applied a scalping strategy (which we rather call m1 trend trading strategy) to EUR/USD for over 3 years and it brought in plenty of pips. Markets changed sharply this year. The volatility on the shorter time frames disappeared. We knew about it and we adapted. Now we trade the same strategy on M15/H1 time frames. The beauty of AIMS Stress Free Trading is that it can be applied to any time frame and share with you how to do it in the forum.

Lately we have been applying our strategy to German Index DAX. One of our relatively new but advanced beginner member managed to raise their account by 8% even though their success rate was merely 38%. This is the power of AIMS Stress Free Trading. We know that with practice and experience many AIMSters can even hit 65% success rate. But even with a very low success rate you can still show profit at the end of the month, that is the real power.

But the biggest power of our strategy is that our average winners are normally 2 to 3 times bigger than our losing trades. The best part of any successful trading strategy is not its win to loss ratio but rather risk reward ratio. Our system generates  a very small average losing trade of 5 pips with 12 pips average winner. This is based on only one type of entry technique and no add ons. Once you're able to master the basic entry technique and simple trade management, then you'll then be looking to increase your return on investment by applying our strategies for increasing ROI. Thats our strategy of adding to your winning trades. This strategy takes you to the next levels.

Below you'll find some really nice trades taken by our members. FREE LESSONS INCLUDED

A Snapshot of our Trading Chatroom. We all hangout and trade together in our cozy little chatroom. Come and Join us Today

EURO DOLLAR going down to 1.34

We had some great signals on Euro Yen and Euro Dollar. #EUR/USD #EUR/JPY. We are short on the dailies and the hourly charts.

Would you like to have a system that tells you two weeks in advance where the price might hight later that month?

4 percent profit within 10 min of trading

Trading does not have to be hard. Today we literally sat down at our screens at London Open, no analysis was required no chart scanning or stuff like that. We knew exactly where we were in the market because our system makes the market crystal clear to us within 10 seconds of looking at it. Thanks to our proprietary simple indicators and the awesome eWave brought to you by #Snorm and #Immy.

Below you see a picture of a trade we took this morning. The trade lasted only 5 minutes and we managed to grab 40 points at the risk of 10 points. That is 4% account (or 8% if you risk 2% per entry). Its simple, its beautiful and its doable. Anyone can do. Come and join us Today.

I have a question for you.
What is the best trend indicator? Hint: people think its a lagging indicator but in reality its a leading indicator?

The Super DA Signals are So awsome

A couple of Years back we developed a great trading signal which filters most of the crap out and points to the higher probability setups. The DA! (double arrows). Thank You #Snorm Available to all the AIMSters. (AIMS Members)

 This Entry Alert Signal is so awesome you cannot believe it. It filters out all the rubbish nonsense up and down noisey moves and starts signalling only when the trend is confirmed and momentum is in. It can give you the illusive higher success rate too if that's what you're after. If used in conjunction with #Famous Setup the results can be even more awesome. We love this and hope you'll love it too!

Some Awesome signals from YD and Today

How to Identify High Probability Setups

I am not going to write an essay on this but I'll tell you this we have an indicator that can solve all the problems of chop and whipsaws. The concept is that we should only trade higher probability setups but most of us don't what that is. If you'd like to find out you need to JOIN TODAY. AIMS Stress Free Trading is based on this concept. And its really simple.

The DA Signal is a High Probability Setup Indicator. It makes the job a lot easier.

#GBP/USD Cable or Pound Dollar created a lovely HPS DA signal alerted us of this prime opportunity and we took the trade with great confidence with a few others in the Premium AIMS Chatroom. Lovely 3% Account Growth. Come on JOIN TODAY

Look at these amazing signals we received with not fuss and fluff. Easy peasy lemon squeezy... well not that easy but simple haha ...  But look at it? so clear and so straight forward

15 Percent on Dax in 2 Days

We are trading German 30 DAX using the same Euro Dollar Strategy with Great Success. Below a couple of trades we took this week. Great Potential here.  Our Strategy Works on EVERYTHING with Great Success.

Below Dax using our Unique M5/M1 Strategy that we developed for trading the #eurodollar #EUR/USD. Its equally successful on trading Dax or FTSE100 during Frankfurt and London Sessions as well as New York Session. Its great fun.

6.8% Growth this morning

8.8% Account Growth Yesterday the 14th of April. Its not a joke, its really simple and great fun. 

We trade it together in our chatroom. Here is a snapshot of the Trading Chatroom. Simple chatroom... great people to hangout with.  The following chat includes references to the DAX Trade above Live. We keep updating our Stop Loss locations and share our entry levels as well as other weird thoughts and ideas...

Oops Not a Member? 

If you are not a member of AIMS Stress Free Community
We present to you a simple strategy that works and it works brilliantly. JOIN NOW

Good fun on Euro Dollar and Euro Yen

Hi

I'd like to share a few trades we managed today using our Unique Strategy that we employ to extract pips out of the market using shorter time frames. We time our entries at crucial "time" spots in the market that we can tell in advance. To learn more about it JOIN TODAY!

EUR/JPY A Setup within New York Session. 

EUR/JPY Result: 2.2% account growth. A simple entry and exit system. 

Earlier today on EUR/USD we had some nice trades.

EUR/USD A Nice setup and lovely outcome! loved it easy peasy trade! 

JOIN TODAY

If you are not a member of AIMS Stress Free Community

We present to you a simple strategy that works and it works brilliantly. JOIN NOW

87 pips at the risk of 5 pips

Hi

Today  I traded just news a news announcement using our unique #eurodollar startety. #EUR/USD.
The risk was 5 pips and the result was 87 pips. Risking only 2% of your account you can  grow your account by more than 33%. Risking one percent, recommended, just over 17%. There a few tools under our belts and we don't mind sharing it with you.

You see you got this pattern, this edge and you have the power of money management and you have the Deliberate power of making use of these tools to your advantage. But most of us "are in our own way". We gotta remove that hurdle. all the best, have a great weekend. 

Here is how it looked like before I exited the trade 

oops Not a Member? 

If you are not a member of AIMS Stress Free Community

We present to you a simple strategy that works and it works brilliantly. JOIN NOW

Some Nice Setups After News today

Hi

Here are few charts from today's action. It was a boring morning as expected because they were all waiting for BOE Gov to speak. As soon as they spoke, something, who cares, the markets responded and created nice setups here and there. Some we caught others we missed... Good day after all.

#EUR/USD How to add on! 

#GBP/USD How to Add on to your trades

#EUR/JPY Japanese Princess Treating us well again..

#USD/JPY Dollar Yen no harm done! 

And some more trades from this week!

Enjoy! 

Cable Yen A Lovely Trade

Here is a trade on "Cable Yen" as my French associate calls it. It was a funny slip of tongue and it kind of found its place in the world of terms, its #CableYen rather than #PoundYen. There is more info on the chart about how we assess these setups as they form yet there are loads and loads of info inside our forum.

Oops Not a Member? 

If you are not a member of AIMS Stress Free Community
We present to you a simple strategy that works and it works brilliantly. JOIN NOW

Post NFP Trades AGAIN! A Lovely Trade

Hi

IT was not long ago when we had NFP the last time ... hehe...

Oh well, we know why? The US Govt shutdown had something to do with you. This month, though we had on time. And it was all so lovely for the AIMSters. Usuing our Unique AIMS News Trading strategy we managed to grab a trade on #GBP/USD #cable. Lets read a picture story. Below is a series of pictures that I took minute by minute as the trade progressed. I bet you'll love it. All the best, have a great weekend.

Oops Not a Member? 

If you are not a member of AIMS Stress Free Community
We present to you a simple strategy that works and it works brilliantly. JOIN NOW

Please Note: Do not try to register at www.AIMSForum.com becasue your membership will be activated only if you've purchased either Standard or Premium Membership.