Bonjour, our member entered short @ 177.72 and are currently sitting in a great position. Our members entered a short position @ 177.72 and is now showing well over 400 pips in profit and well over 1200 pips on all open trades. Congrats! In this chart you can see that this wedge pattern will be coming to a close here shortly ... and possibly reverse. So, tighten...
Bonjour, Do you guys remember the trade in USD/NOK? If not, here is the link to remind you: We've since taken a similar trade ... mainly based on the fact that WTI Crude is seeing more downwards pressure after a small rally. Congrats to all of our members, and do you know if you should stay for profit target #2 or not? By joining our ever expanding trading...
Bonjour, right before Christmas our "VIP" members took a bearish stance on the EUR/USD and it's looking good so far. At this point we're in the C to D leg which would complete our measured price move. However, now the concern is that there is little to no momentum, so what should one do here? Well, unless you know why, this is why you need a mentor! À...
Bonjour, My big call for 2015 was that the EUR/USD would continue to move down and reach (or close to) parity. Well, as we look at the chart today it seems my prediction wasn't quite spot on. It was a tall order to start with anyways, but if it wasn't for the extended bond buying decision from Mr. Draghi ... I think we might have gotten there this year. But, at...
Bonjour, today our "VIP" members took an aggressive trade in the USD/NOK pair. After noticing the downwards trend bottoming out, we opened two long positions on a breakout @ 8.7525. Scaled out of the first position at 8.7925 and closed out the second at 8.8270. Both positions were closed out early, it runs out. However, we stuck to your predetermined risk...
Bonjour, today our "VIP" members took a breakout trade in the USD/MXN. It quickly hit our profit target of the 1.272 ext of the previous move. 461 pips later we're all happy and cheerful and hope that the new year will bring more great opportunities like this. À bientôt. Maxmillian DuPont (www.myfxlifestyle.com)
Bonjour, looking at the monthly chart of USD/CAD , we can see that we've had a completed measure price move. In addition, price continued to head north and hit the 1.272 extension of the previous move which would corroborate the thesis that the CAD needs to take a breather here (from a long term perspective). Our members have enjoyed the great trend that has...
Bonjour, do you guys remember this chart? Well, today our "VIP" members took profits on their second position ... 785 pips right before new years is not to shabby. The question now is ... will this pair bounce to the upside or will it continue its move down? That's what we'll talk about later today in the trading room. Why don't you join us?? À...
Bonjour, The GBP has had a huge run but its come to a halt here lately. Is there a double top forming or are we seeing a new support area being established? À bientôt, Maxmilian DuPont (www.myfxlifestyle.com)
Bonjour, Someone is really trying to protect the 67 handle. My guess it's someone with deep interest that the exchange rate for this pair doesn't pierce above that level ... maybe then they'll lose a lot of money. This pair has been in this ascending channel for quite some time ... are we going to see profit taking and a break of that channel or will it provide...
Bonjour, we've been stalking a trade here this morning, and I think we finally found one. Is this the level where the buy orders finally are taken out or will we see another break on NZD strength ... À bientôt, Maxmillian DuPont (www.myfxlifestyle.com)
Bonjour, Our members had a great trade in the USD/CAD for the past two weeks ... and we've been following it up for quite some time, milking pips out of the market the whole time. But is it poised for a reversal? Well, the charts seem to corroborate that thesis ... Most instruments that have completed a measured move (I view a 92%, and above, a completed move)...
Bonjour, The JPY pairs have a reputation of being temperamental ... and rightfully so. Throughout my professional trading career, I've traded these pairs quite successfully but I'm also aware how quickly they move. As I looked over the weekly charts of the USD/JPY today, I realized that we might just be seeing the start of yet another huge move to the upside....
Bonjour, Our "VIP" members took two positions in the GBP/JPY pair on the break of a trendline. They also added another position as price couldn't break through support which held over a two day period. Took profits on half of the position @ 181.27 for a 486 pip gain and are still holding on to the other position continuing to ride the momentum down. The P&L is...
Our VIP members closed out a short position in the CAD/JPY pair for a 414 pip gain only looking at their screen for less than one hour per day. We're now looking for a retrace into upper support area and potentially going short again, currently targeting the 83.50 handle. Congrats and we will update on the progress and other trades shortly. À bientôt, Maxmillian...