Macro view getting it right. — I want to point out something. In Feb, bbacker and I called continued bearishness after the Greek Band-Aid rally wears off. The chart is interesting and food for thought. image Always good to look back and ...

Verb's Macro Economic Sentiment Journal

Outcome: again price rallied as expected for a +160.0 pip move. My limit didn't get taken in but there will be more trades next week. Risk appetite is improving due to earnings season but I suspect it will be ranging until it's over. image Be ...

Verb's Macro Economic Sentiment Journal

EUROPE: GBPUSD — Market sentiment: Overly Bearish Signal: Buy Support Pair: GBPUSD Reaction Level: 1.5387 Earlier this morning, China's GDP slowed more than expected to 7.6% yoy in Q2. That's the worst number in three years and compared with ...

Verb's Macro Economic Sentiment Journal

Outcome: market didn't hit my level but did drop as expected nicely for around 80.0 pips.

Verb's Macro Economic Sentiment Journal

Back in business. — As promised, I have completed my project and will now be posting new material. I will start disclosing methods later but for now here's a trade I'm taking based on Market Sentiment. Market sentiment: Overly Bullish Signal: ...

Verb's Macro Economic Sentiment Journal

Great thread, I'm late to this party. Excellent insight here FTI, thank you.

Technical Analysis Fallacy

BOJ and the Yen — Just a word of warning regarding Bank of Japan. They always say they are watching exchange rates closely. What you need to do is look at the charts. The last time they intervened close to this area was Feb 2nd, 2012. The ...

Nb 10.0 trend trading system

Did you consider range trading during the range periods? That's a totally different trade then the commonplace trend trades we've been using at the moment.

Nb 10.0 trend trading system

I'm now re-short AUDUSD, AUDJPY, GBPJPY, CHFJPY, CADJPY, EURUSD & NZDUSD all targeting the Weekly S1.

Nb 10.0 trend trading system

Hi Verb When you say you are currently up +1200 pips is that as in full pips or mini pips (which I presume is 5 digit ) Either way both good and I know you've certainly got the hang of this strategy, but just wondered. Thanks again for all ...

Nb 10.0 trend trading system

Gave this a second thought and have closed all my open trades. Frankfurt coming online in an hour and there should be a lot of squaring of trades in prep for NFP. I will wait until after NFP, analyze trends then look to get back in next week.

Nb 10.0 trend trading system

06-01-2012 At NB's request. Here's what I'm looking at for today. In general, I wont be adding long term positions today in prep for NFP. I might scalp in direction of trend today and then close everything before NY open. Sell: AUDJPY - already in ...

Nb 10.0 trend trading system

05-31-2012 — Ok trends are back in effect, retracements from the beginning of the week are seemingly done. I'll probably wont hang onto overnight trades as we head into NFP friday but here is what I'm looking at today. 05-31-2012 Sell: AUDJPY ...

Nb 10.0 trend trading system

NB, NFP is Friday so markets are over the place (USD sideways, EUR lower and AUD higher as an example). IMO after NFP, we should see a monthly trend develop.

Nb 10.0 trend trading system

For pure fundamental reasons I wont go long here at the end of the month, out of system rationale. Otherwise I'd take the bounce.

Nb 10.0 trend trading system

Today, I'm looking for: - SRF Shorts on AUDUSD, AUDJPY, NZDUSD & NZDJPY. - Pivot rejections Shorts on EURUSD, GBPUSD, EURJPY, GBPJPY and Longs on USDCHF, USDCAD Markets are retracing but trends are still in place. The only pair that I don't have ...

Nb 10.0 trend trading system

5-24-2012 — Here's what I'm looking at today for Frankfurt. Sell AUDJPY, 5.1 sell ea attached AUDUSD, waiting for break of pivot, 5.1 sell ea attached, targeting weekly S2 CADJPY, waiting for H4 CHFJPY, waiting for retrace or break of pivot, ...

Nb 10.0 trend trading system

Can we stay on topic please?

Nb 10.0 trend trading system

D1 Trends — The thing that I'm most impressed with right now is that directional bias from D1 TMA Slope has held. We discussed it yesterday but these were all retraces and now we're back into the main daily trends.

Nb 10.0 trend trading system

Well I'm still in short GBPUSD, USDJPY, CADJPY, had to average a few trades and manage others out. I'll be looking before Frankfurt to get into some trades however Gold is looking like it's setting up for a nice short here. Just waiting for H4 TMA ...

Nb 10.0 trend trading system