Saturday, September 6, 2014

What Market Makers Don't Want YOU to Know (Free video)

It's no secret, the market makers are out to beat you and have been for years. But in this free video from John Carter he shows us how to level the playing field and even how to beat them!

What Market Makers Don't Want You to Know (video)

In this free video John shares......

  *   Why your trading goal is not to be right

  *   Why Wall Street is designed to suck traders into doing the wrong thing

  *   Whether or not account size matters when trading weekly options

  *   What Market Makers don’t want you to know that I’ll show you in this free video

  *   What trading instruments you should use to trade weekly options

Watch the video HERE...before the Market Makers get a chance to Beat YOU!


Make sure to get John's new Free eBook "Understanding Options"....Just Click Here!

Currency Market Summary for week ending Sept. 5th

The December Dollar closed lower due to profit taking on Friday as it consolidated some of the rally off May's low. The mid range close sets the stage for a steady opening when Monday's night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near term. If December extends the rally off May's low, weekly resistance crossing at 84.96 is the next upside target. Closes below the 20 day moving average crossing at 82.41 would confirm that a short term top has been posted. First resistance is today's high crossing at 84.08. Second resistance is weekly resistance crossing at 84.96. First support is the 10-day moving average crossing at 82.99. Second support is the 20 day moving average crossing at 82.41.

What Market Makers Don't Want YOU to Know (Free video)

The December Euro closed higher due to short covering on Friday as it consolidated some of Thursday's decline. The mid range close sets the stage for a steady to lower opening when Monday's night session begins trading. Stochastics and the RSI are oversold but remain neutral to bearish signaling that sideways to lower prices are possible near term. If December extends this summer's decline, the July 2013 low crossing at 128.50 is the next downside target. Closes above the 20 day moving average crossing at 132.48 are needed to confirm that a low has been posted. First resistance is the 10 day moving average crossing at 131.37. Second resistance is the 20 day moving average crossing at 132.48. First support is Thursday's low crossing at 129.32. Second support is the July 2013 low crossing at 128.50.

The December British Pound closed lower on Friday as it extends the decline off July's high. The high range close sets the stage for a steady to higher opening when Monday's night session begins trading. Stochastics and the RSI are oversold but remain neutral to bearish signaling that sideways to lower prices are possible near term. If December extends the decline off July's high, the 50% retracement level of the 2013-2014 rally crossing at 1.6007 is the next downside target. Closes above the 20 day moving average crossing at 1.6583 would confirm that a low has been posted. First resistance is the 10 day moving average crossing at 1.6486. Second resistance is the 20 day moving average crossing at 1.6583. First support is today's low crossing at 1.6273. Second support is the 50% retracement level of the 2013-2014 rally crossing at 1.6007.

The December Swiss Franc closed higher due to short covering on Friday as it consolidated some of the decline off March's high. The mid range close sets the stage for a steady opening when Monday's night session begins trading. Stochastics and the RSI are oversold but remain neutral to bearish signaling that sideways to lower prices are possible near term. If December extends the decline off July's high, the 75% retracement level of the 2013-2014 rally crossing at 1.0653 is the next downside target. Closes above the 20 day moving average crossing at 1.0958 would confirm that a low has been posted. First resistance is the 10 day moving average crossing at 1.0887. Second resistance is the 20 day moving average crossing at 1.0958. First support is today's low crossing at 1.0724. Second support is the 75% retracement level of the 2013-2014 rally crossing at 1.0653.

The December Canadian Dollar closed slightly lower on Friday. The low range close sets the stage for a steady to lower opening when Monday's night session begins trading. Stochastics and the RSI are neutral signaling that sideways trading is possible near term. Closes below last Tuesday's low crossing at 90.70 would confirm that a top has been posted. If December renews the rally off last Tuesday's low, the reaction high crossing at 93.04 is the next upside target. First resistance is last Friday's high crossing at 92.26. Second resistance is the reaction high crossing at 93.04. First support is last Tuesday's low crossing at 90.70. Second support is the 62% retracement level of the March-July rally crossing at 89.67.

The December Japanese Yen closed higher due to short covering on Friday after spiking below weekly support crossing at .9486. Today's mid range close sets the stage for a steady to higher opening when Monday's night session begins trading. Stochastics and the RSI are oversold but remain neutral to bearish signaling that sideways to lower prices are possible near term. If December extends the decline off June's high, weekly support crossing at .9013 is the next downside target. Closes above the 20 day moving average crossing at .9668 would confirm that a short term low has been posted. First resistance is the 10 day moving average crossing at .9587. Second resistance is the 20 day moving average crossing at .9668. First support is today's low crossing at .9469. Second support is weekly support crossing at .9013.

Get our latest free eBook "Understanding Options"....Just Click Here

Wednesday, September 3, 2014

"Understanding Options".....John Carters New Free Options Trading eBook

You know our trading partner John Carter from his wildly popular free trading webinars. Well, John has found another way to make learning to trade options in any size account even easier. With a brand new free eBook. The options trading eBook "Understanding Options".

In this free options trading eBook you will learn.....

  *   How to use leverage to grow your account exponentially or free up excess capital

  *   What the options basics are so you’re never confused by an options chain again

  *   The essentials to managing your position at expiration

  *   The two different types of settlement

  *   The key options terms you need to know

  *   The most important factor to your options trading success

......and much more

Just Click Here to get your free eBook "Understanding Options"



Mid Week Currency Market Summary for Wednesday September 3rd

The December Dollar closed lower due to profit taking on Wednesday as it consolidates some of the rally off May's low. The low range close sets the stage for a steady to lower opening when Thursday's night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near term. If December extends the rally off May's low, weekly resistance crossing at 83.66 is the next upside target. Closes below the 20-day moving average crossing at 82.19 would confirm that a short term top has been posted. First resistance is today's high crossing at 83.19. Second resistance is weekly resistance crossing at 83.66. First support is the 10 day moving average crossing at 82.68. Second support is the 20 day moving average crossing at 82.19.

The December Euro closed higher due to short covering on Wednesday. The high-range close sets the stage for a steady to higher opening when Thursday's night session begins trading. Stochastics and the RSI are oversold but remain neutral to bearish signaling that sideways to lower prices are possible near term. If December extends this summer's decline, the 87% retracement level of the 2013-2014 rally crossing at 129.96 is the next downside target. Closes above the 20 day moving average crossing at 132.90 are needed to confirm that a low has been posted. First resistance is the 10 day moving average crossing at 132.02. Second resistance is the 20 day moving average crossing at 132.90. First support is Tuesday's low crossing at 131.19. Second support is the 87% retracement level of the 2013-2014 rally crossing at 129.96.

The December British Pound closed lower on Wednesday confirming yesterday's key reversal down. The low range close sets the stage for a steady to lower opening when Thursday's night session begins trading. Stochastics and the RSI are oversold but remain neutral to bearish signaling that sideways to lower prices are possible near term. If December extends the decline off July's high, the 38% retracement level of the 2013-2014 rally crossing at 1.6281 is the next downside target. Closes above the 20 day moving average crossing at 1.6633 would confirm that a low has been posted. First resistance is Tuesday's high crossing at 1.6629. Second resistance is the 20 day moving average crossing at 1.6633. First support is Wednesday's low crossing at 1.6426. Second support is the 38% retracement level of the 2013-2014 rally crossing at 1.6281.

The December Swiss Franc closed higher due to short covering on Wednesday. The high range close sets the stage for a steady to higher opening when Thursday's night session begins trading. Stochastics and the RSI are oversold but remain neutral to bearish signaling that sideways to lower prices are possible near term. If December extends the decline off July's high, the 62% retracement level of the 2013-2014 rally crossing at 1.0802 is the next downside target. Closes above the 20 day moving average crossing at 1.0986 would confirm that a low has been posted. First resistance is the 20-day moving average crossing at 1.0986. Second resistance is the reaction high crossing at 1.1090. First support is Tuesday's low crossing at 1.0869. Second support is the 62% retracement level of the 2013-2014 rally crossing at 1.0802.

The December Canadian Dollar closed higher due to short covering on Wednesday. The high range close sets the stage for a steady to higher opening when Thursday's night session begins trading. Stochastics and the RSI are neutral to bearish signaling that sideways to lower prices are possible near-term. Closes below last Tuesday's low crossing at 90.70 would confirm that a top has been posted. If December renews the rally off last Tuesday's low, the reaction high crossing at 93.04 is the next upside target. First resistance is last Friday's high crossing at 92.26. Second resistance is the reaction high crossing at 93.04. First support is last Tuesday'slow crossing at 90.70. Second support is the 62% retracement level of the March-July rally crossing at 89.67.

The December Japanese Yen closed higher due to short covering on Wednesday as it consolidates some of the decline off July's high. Today's high range close sets the stage for a steady to higher opening when Thursday's night session begins trading. Stochastics and the RSI are oversold but remain neutral to bearish signaling that sideways to lower prices are possible near-term. If December extends the decline off June's high, weekly support crossing at .9486 is the next downside target. Closes above the 20 day moving average crossing at .9697 would confirm that a short term low has been posted. First resistance is the 10 day moving average crossing at .9731. Second resistance is the 20 day moving average crossing at .9697. First support is Tuesday's low crossing at .9500. Second support is weekly support crossing at .9486. 

Make sure you get our new FREE options trading eBook "Understanding Options"


Monday, July 28, 2014

Free Webinar....How to Trade Options Like a Professional with John Carter

It's ON.....John Carters next free webinar is this Thursday, July 31st at 8:00 p.m. est

Just click here to get your reserved spot ASAP

In this free webinar John will share:

  *   What I’ve discovered about professional options traders that they don’t want you to know

  *   The idea of “options stacking” to structure your trade in a way that gives you the best possible odds of success

  *   How to plan your trading position around a setup instead of the other way around

  *   Why structuring your trades as a campaign around a setup will yield the maximum return while reducing your risk

  *   How to be proactive in your trading instead of reactive and much more

As always with John's webinars they fill up fast so get your seat now. Just Click Here to Register Today!

We'll see you Thursday!

The Forex Market Club

Free Webinar....How to Trade Options Like a Professional with John Carter

Sunday, July 6, 2014

Low VIX and What It Means to Your Trading....Our Next Free Webinar

You are invited to attend our next free webinar, presented by former CBOE floor trader Dan Passarelli on Tuesday July 15th at 4:30 EDT. Dan's focus for this webinar will be "Low VIX and What It Means to Your Trading".

Many traders are having a tough time making money in this market. Why? Low VIX. Professional traders use the VIX as a guide to gauge potential option profits. Attend this webinar with Dan and learn what the VIX is telling us about your trading this summer.

Don't miss this special webinar.

Just click here to reserve your seat now

See you Tuesday July 15th!

The Forex Market Club

Our next free webinar "Low VIX and What It Means to Your Trading"....Just Click Here!


Week Ending Currency Market Summary for Thursday July 3rd

The September Euro currency closed down 46 points at 1.3612 today. Prices closed nearer the session low and closed at a bearish weekly low close today. The Euro bulls and bears are on a level overall near term technical playing field but the bulls are fading.

The September Japanese Yen closed down 37 points at .9789 today. Prices closed nearer the session low today, hit a two week low and closed at a bearish weekly low close. The bulls have lost their slight near term technical advantage. A four week old uptrend on the daily bar chart was negated today.

The September Swiss Franc closed down 53 points at 1.1200 today. Prices closed near mid range, hit a two week low and closed at a bearish weekly low close today. The bulls have lost their near term technical advantage. A four week old uptrend on the daily bar chart was negated today.

The September Canadian Dollar closed up 33 points at .9389 today. Prices closed nearer the session high and scored a bullish outside day up on the daily bar chart. Prices also hit another seven month high and closed at a bullish weekly high close today. The bulls have the solid near term technical advantage. A three month old uptrend is in place on the daily bar chart.

The September British Pound closed down 11 points at 1.7142 today. Prices closed nearer the session high. The bulls have the solid overall near term technical advantage.

The September U.S. Dollar index closed up 0.270 at 80.255 today. Prices closed near mid range on short covering in a bear market. Prices did close at a bullish weekly high close today. The greenback bears still have the near term technical advantage.

Low VIX and What It Means to Your Trading....Our Next Free Webinar