This morning we made 51 pips in the GBP/USD. +501 in March

+51 pips

+501 pips this month.

This morning we made 30 pips in 8 minutes trading Gbp/Usd

Our mail.

In 8 minutes , we made +30 pips.

This morning +121 pips

Review of the third week of March

As we do every weekend, we are going to analyze the market and review the success of our techniques over the past week:  the third week of March.

FOREX

This was our situation last weekend…

And now here is our current situation after the close of the session this past Friday.

This last week, we gained 244 pips, 182 with the European Morning Technique and 62 with the USA Morning Technique, during a week which was similar to what was a normal week during the majority of 2009 and before we began to publish signals in Daily Market Advice.

As we commented last weekend, the lack of volatility and direction for many pairs make it difficult for our Forex and Futures techniques to work. In addition, these market conditions don’t allow us to employ our Stock techniques as the vast majority of stock prices have been stagnant over the last several months. 

The situation with stocks or with SP Futures serves as an example for Forex.  With regard to our Stock techniques, in the past our Stock Evening Technique employed a 4% target and a 3% stop and 80% of our trades were profitable.  Now, we wouldn’t even be able to set a 1% target as the majority of stock prices aren’t moving.

What’s important is that we remain profitable; our accounts have grown since the beginning of the year even under the worst market conditions imaginable.  Imagine what will happen as market conditions improve, as they did last week.  We will have months of 500-1000 pips in gains.  To date, we have a gain in March of 343 pips.

MINISP FUTURES

This last week, we executed only 3 Evening MiniSP trades for a profit of 1.75 points.

Now let’s focus on intraday SP trading.

As you may remember, last week we conducted an interesting exercise calculating     how our techniques fared over the last three weeks both as designed as well as how we would have done trading exactly the opposite (the inverse) of what our technique prescribed.

Last 15 sessions:

Normal -17 points

Inverse 3.25 points

Second week of March:

Normal -4.25 points

Inverse 4.75 points

Applying this exercise to this past week, we see our techniques are beginning to work a bit better.  If we had executed all our trade, we would have earned a profit of +7.50 points.  Had we execute the inverse of our techniques, we would have lost 0.25 points.

DAY	TECHNIQUE	OUTCOME Normal	OUTCOME Inverse
Monday	Morning	4	-4
	Opening	0	0
	Evening	0	0
Tuesday	Morning	0	0
	Opening	-4	5
	Evening	2.75	-2.75
Wednesday	Morning	0.25	-0.25
	Opening	5	-4
	Evening	-1.25	1.25
Thursday	Morning	0	0
	Opening	-4	5
	Evening	-0.5	0.5
Friday	Morning	0	0
	Opening	5	-4
	Evening	0.25	3
		7.50	-0.25

As we have stated, for our techniques to begin to work perfectly again, we only need a little bit of market volatility.  If this is provided, we assure you we will make money without any problem and without having to fight for each and every trade to gain +0.25 points, as we did on Friday night.

Therefore, just like Forex, we are making gains little by little with 63 points of profit so far this quarter. 

Clearly our results are far from what we achieved in 2009 or 2008.

Never-the-less, we continue to work hard and what is most important for us is that the market returns to its normal patterns, not like it has been over the past several weeks, so that our technique again provides us with the profits we’ve become accustomed to.

Have a great weekend!

How we do it. Our Methodology Forex.

As with stocks and futures, at Daily Market Advice we believe the only way to make money continually is to adapt to the market and to use daily techniques. Since 2005, we have provided these techniques to our Spanish subscribers for stocks and futures at bolseamos.com and, at the end of 2009 with the addition of A.Gadea to our team, we began providing daily advice regarding the currency exchange markets, also known as Forex.


At DailyMarketAdvice we offer our clients a variety of precise and tested techniques which allow them to obtain remarkable profits with minimal risks. Of course, we also continually test and publish new market-beating techniques to give our clients a competitive advantage in a market that is experiencing constant change. With regard to Forex trading, we currently use the following techniques:

1. European Morning Technique GBP/USD. This technique takes advantage of price variations between the British Pound and the American Dollar that are produced at the opening of the European markets. The technique calls for a target between 30 and 60 pips with a stop of the same amount. This technique adapts well to all types of market conditions. RECOMMENDED FOR TRADERS ACTIVE AT 3:00 AM EST (ASIA-PACIFIC AND EUROPE)

2. European Morning Technique EUR/JPY. This technique takes advantage of price variations between the Euro and the Japanese Yen that are produced at the opening of the European markets. The technique calls for a target of 50 pips with a stop of 40 pips. This technique adapts well to all types of market conditions. RECOMMENDED FOR TRADERS ACTIVE AT 3:00 AM EST (ASIA-PACIFIC AND EUROPE)

3. USA Morning Technique. This technique takes advantage of price variations for a select number of currencies that are produced at the opening of the American markets and the close of the European markets. The technique calls for a target between 40 and 50 pips with a stop of 30 pips. This technique adapts well to all types of market conditions. RECOMMENDED FOR TRADERS ACTIVE FROM 10:30 and 11:00 AM EST (USA AND EUROPE)
As you can see, simplicity is often more effective than getting entangled in complex techniques. If simplicity works, why complicate things. At this time, we have other techniques in our laboratory we will be putting into practice, one by one. Our goal is to find simple methods with limited risk and success ratios of over 70%. This focus has consistently provided healthy profits for our subscribers.

Last two days +297 pips

If you would prefer not to spend your day in front of your computer, if you want to make money easily, if you are looking for thoroughly tested techniques that will allow you to achieve greater gains with minimum risk, don’t hesitate and subscribe to our service.  We offer you 7 day free trial with no commitment to subscribe.  Once you subscribe, your fee will never go up.  

Review of second week of March

Good morning/afternoon.

As we do every weekend, we are going to analyze the market and review the success of our techniques over the past week:  the second week of March.

FOREX

Here is a summary of the quarter to date for Forex trading.

When we examine our results for 2009, we see that our profit year-to-date is only 10% of the profit achieved last year for a similar number of operations.  We have explained the reasons for this in previous reviews: the lack of volatility and direction for many pairs make it difficult for our Forex and Futures techniques to work.  In addition, these market conditions don’t allow us to employ our Stock techniques as the vast majority of stock prices have been stagnant over the last several months.  With regard to our Stock techniques, in the past our Stock Evening Technique employed a 4% target and a 3% stop and 80% of our trades were profitable.  Now, we wouldn’t even be able to set a 1% target as the majority of stock prices aren’t moving.

What’s important is that we remain profitable; our accounts have grown since the beginning of the year even under the worst market conditions imaginable.  Imagine what will happen when market conditions improve…

These are the operations we executed this past week.

This week we executed 4 operations with losses and 9 with profits.  It is a shame we registered losses with our Eur/Jpy operations at the end of February and the beginning of March because, without these losses, our results would be above 250 pips for this month in only the first two weeks.  In February, we would have made a gain of almost 500 pips.

Now let’s focus on intraday SP trading.

Now let’s study how our techniques fared over the last three weeks both as designed as well as how we would have done trading exactly the opposite (the inverse) of what our technique prescribed.

We see that during 13 sessions the market went from 1115 down to 1084 and later rose to yesterday’s maximum of 1155. On the surface, this range appears to be ample and, with three hours a day to trade, we would assume that our results should be good.

The following are the results of all operations executed both normally and inversely.  Take a look, because the numbers are surprising.  

Last 15 sessions:

Normal -17 points

Inverse 3.25 points

Last week:

Normal -4.25 points

Inverse 4.75 points

As you can see, both the results of the normal and inverse trading are disappointing. The reason for these poor results is clear, as we can see on the following chart of the week with 5 minute intervals. We had noise, noise, noise, and very, very narrow ranges as well as a complete lack of volatility.

DAY	TECHNIQUE	OUTCOME Normal	OUTCOME Inverse
Monday	Morning	-4	4
	Opening	-4	-1
	Evening	-4	4
Tuesday	Morning	4	-4
	Evening	0	0
Wednesday	Morning	+0.5	-4
	Evening	0	0
Thursday	Morning	0	0
	Evening	2	-1
Friday	Morning	0	0
	Evening	0.25	0,25
Monday	Morning	-4	4
	Opening	-4	-3,5
	Evening	-2	2
Tuesday	Morning	-4	4
	Evening	0	0
Wednesday	Morning	0	0
	Evening	0	0
Thursday	Morning	0	0
	Evening	0,5	-0,5
Friday	Morning	1,5	-1,5
	Opening	5	-4
	Evening	0,25	-0,25
Monday	Morning	-4	4
	Opening	-4	2
	Evening	1	-1
Tuesday	Morning	0	0
	Opening	5	-4
	Evening	0,25	-0,25
Wednesday	Morning	-4	4
	Opening	5	-4
	Evening	-4	3,5
Thursday	Morning	0	0
	Opening	-4	5
	Evening	2	-2
Friday	Morning	4	-4
	Evening	-1,5	1,5
		-17	3,25

Over the last several years, this had not happened and, if you take a look at March, the situation is even getting worse.  We see that for every Morning trade in previous months we had ranges before the European Opening of 5-8 points and now, in March, these ranges are 1-3 points, which is really quite ridiculous.

Therefore, just as with our Forex trades, we are increasing our profits little by little with 59.25 points earned this quarter so far.

Clearly our results are far from what we achieved in 2009 or 2008.

Never-the-less, we continue to work hard and what is most important for us is that the market returns to its normal patterns, not like it has been over the past several weeks, so that our technique again provides us with the profits we’ve become accustomed to.

Have a great weekend!