HOLIDAY NOTE

We are closing for the year 2009, market begins January 4, 2010!

Thank you.

James

GBP/JPY - DIP EXPECTED

Goodmorning,

I quick look at the 15min timeframe of the GBPJPY, i noticed a break of my major lines. Then we hope to see a dip from 145.57 for a 50-60pips sl should not be more than 60pips

Enjoy.

EUR/USD - NICE DIP

Lowers of Peter Bain 15min strategy of trendlines will have a good run today on the EURUSD but with my CCI i was able to spot the DIP. After the trendline break, just wait for the CCI to rally then the crash down. Same setup with GBPUSD today, but the effect was much on the EURUSD.

EUR/USD - SAVED BEFORE MASSIVE DIP

EUE/USD post hit the projected 40-50 pips profit before a massive DIP showing the effect of the Daily trendline earlier posted.

Goodmorning and hope you had a wonderful weekend.

James

EURUSD -CAUTION

Hello everyone,

Its been a very terrible market - talking about EURUSD since my last post and i am going to explain some other facts, which MAY be a reason for the terrible indicisions in the market.

The EURUSD is around a very strong support zone as you can see on my 1hr CCI100 (filtered 100sma) and that is my major trend in the 1hr timeframe and also i can see BIG resistant on the DAILY timeframe as you can also see on the Daily timeframe. I know the daily timeframe shows a major resistant zone which obviouly the market find very difficult to break today as at 5:05 GMT+1. Its good to keep the LONG with the stoploss in place or avoid the market completely until a better and friendly price action come in place. Because my CCI is still BULLISH i will buy more confirmed DIPS for few pips.

Will welcome more comments.

Have a good day!

James

EUR/USD - RECOVERY EXPECTED

Hello everyone,

Its been a while and i decided not to post any analysis after the NFP, waiting for a good market condition, and I think i spot one on EURUSD.

The MACD ready for a rally and just confirmed it with good market strength on ADX. 1.47000 must be defeated for a good 40-50pips profit. Stoploss should not be more than 80pips.

Let us watch together.

James.

USDCAD Success

This trade produced the 50pips and i think its a nice one for the weekend.

Have a nice weekend ppl.

USDCAD Slightly BULLISH

Hello,

I think this is a good time to consider a BUY of the USDCAD in the intermediate term with my 2000min over sold and good break in trendline on sight. A buy is good from 1.0517 for a 40-50 pips with stoploss not more than 60-70. THe trade may run till cci 400 period get to the 100level too.

Enjoy.

James

USDCAD Delivered

Hello and Good morning!

I am so sorry i have not been online to do some updates. Had to attend to some personal stuff.

THe last USDCAD analysis was successful after a very hard time trying to break an important resistant point.

Please stay connected to bondfx and more analysis of the market will continue shortly.

Thanks.

James

USD/CAD - OVER SOLD

Hello and good evening,

A careful study of the USDCAD shows that she is obviously over sold and one need to be careful of all short trade. And to have a buy signal i will be considering my 5min timeframe as you can see on the chart.

My major trendline (cci 400) was broken for a LONG bias and the minor trend on RSI (21) also was broken for a long.

To pull a trigger, ADX strength on my 15min timeframe is still on the decline and may show a weak UP Bias. I put a trendline on ADX waiting for a breakup to start a BUY (IF AND ONLY IF THE BUY WILL PREVAIL). And at the point when the ADX 15min will be ready, we must ensure that the Trend in the CCI 400 and RSI 21 in my 5min timeframe are in place.

LET US WATCH TOGETHER!

James

GBP/USD and EUR/USD - INTRA-DAY TREND MAY TURN DOWN

About few minutes ago i noticed my intraday bollinger band is turning down with my trendline break to confirm it. ADX strength is needed in the 15min time frame if the DIP will be successful.

However i expect a dip by the break of 1.5022 for a 40-50pips profit, stoploss not more than 60pips.

THe GBPUSD seems to have the same pattern with EUR today, same dip expected at 1.6470 for a 40-50pips, stoploss should not be more than 60pips

Enjoy.

James

UCAD - WEEKEND SETUP AS EXPECTED!

The USDCAD went dip for the 40pips as expected.

Good morning.

James

USD/CAD - DIP EXPECTED

mmmh just before the close of business today, i must let you know what i noticed on the USDCAD chart. I just had my major trendline broken plus close before my moving averages with good ADX market strength. I would be looking forward to a short from level 1.0600 for a 40-50pips.

The trend is well directed with RSI below the 50level and your stoploss should not be more than 50-60 pips.

Enjoy and have a wonderful weekend.

James

GBPUSD AFTERNOON RALLY

Hello,

Im sorry this came in late. Google had a problem i guess and my blogs were down for some hours today.

GBPUSD and AUDUSD was my trade of the day and i got my triggers from the 5min time frames. This was after a convincing break of my major trendline and i think another close above 50 sma 1hr chart (a good confluence of event). It was a nice 50pips with our fibonacci expasion exit technique, im sorry i had a no stoploss trade - DONT DO THAT.

I have also added my live acct for you to see how i trade it.

Thanks

James

Straighthold Investment Group, Inc.

Account: 168170		Name: AYETEMIMOWA JAMES FEMI						Currency: USD		2009 November 27, 19:23
Closed Transactions:
Ticket	Open Time	Type	Size	Item	Price	S / L	T / P	Close Time	Price	Commission	Taxes	Swap	Profit
38904076	2009.11.26 15:36	balance	DPST-LR-25908: USD 60.70										6 070.00
38907873	2009.11.26 17:43	sell	0.11	usdcad	1.0585	1.0619	1.0488	2009.11.26 18:22	1.0619	0.00	0.00	0.00	-35.22
38942820	2009.11.27 15:39	buy	0.60	audusd	0.9011	0.0000	0.9111	2009.11.27 17:24	0.9067	0.00	0.00	0.00	336.00
38943637	2009.11.27 16:00	buy stop	0.60	gbpusd	1.6440	0.0000	0.0000	2009.11.27 16:54	1.6424	cancelled
38945009	2009.11.27 16:51	buy	1.00	gbpusd	1.6431	0.0000	1.6482	2009.11.27 17:21	1.6482	0.00	0.00	0.00	510.00
										0.00	0.00	0.00	810.78
Closed P/L:												810.78
Open Trades:
Ticket	Open Time	Type	Size	Item	Price	S / L	T / P		Price	Commission	Taxes	Swap	Profit
No transactions
										0.00	0.00	0.00	0.00
										Floating P/L:		0.00
Working Orders:
Ticket	Open Time	Type	Size	Item	Price	S / L	T / P	Market Price
No transactions
Summary:
Deposit/Withdrawal:		6 070.00		Credit Facility:				0.00
Closed Trade P/L:		810.78		Floating P/L:				0.00	Margin:			0.00
Balance:		6 880.78		Equity:				6 880.78	Free Margin:			6 880.78

GBPUSD - 4CANDLES

Hello Good morning,

I didnt trade today because of the Bank Holiday in USA. Yet the market made a good move and our 4candles strategy did some good work. Lets check on GU as in the chart.

Good entry with good market strength as you can see on the ADX. Good for over 100pips.

Enjoy

TREND AND STRENGTH (INTRA-DAY)

TREND AND STRENGTH (INTRA-DAY)

NAME: AYETEMIMOWA JAMES FEMI
SITES: www.bondfx.biz
http://bondfx-market.blogspot.com
http://bondfx-tradealert.blogspot.com

EMAISL: james@bondfx.biz
james.ayetemimowa@gmail.com

I'm dedicating this strategy to AYETEMIMOWA SUNDAY, today your birth-day, not only that, your decision to start trading live forex is welcome brother!

Its good to also clear the way for intra-day traders. I will be explaining a better way to fight intra-day whipsaw, catching the trend and trading at the right market strength.

Today 25th November 2009 8:00pm i will be using GBP/USD as a good example

Before you read further please review this risk warning:

"Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts."

TRADING PLAN

CURRENCY PAIR: ANY

INDICATORS: SIMPLE MOVING AVERAGES (20,50 AND 100 PERIODS)
ADX 14 PERIOD

TIME FRAME: 15MIN (SPECIAL THANKS TO PETER BAIN FOR THIS INSIGHT)

SAMPLE PLATFORM: MT4 (FXDD.COM) with this you can check the broker time and adjust with your broker's time.

SETUP: YOUR CHART SHOULD LOOK LIKE THE CHART ON THIS PAGE

Every trader knows that the market is all about TREND DIP AND RALLY. The moving averagies will give us the picture of the general intraday trend and i introduce the ADX to help enter the market at a good strength posible to give high probability entries.

UPTREND: This begin when price moves from below the whole of the moving averagies and closes above

DOWNTREND: This begin when price moves from above the whole of the moving averagies and closes below

MARKET GOOD STRENGTH: You have a good strength when the ADX increasies from below the 20 level to above 20 level in an up or down trend. Please note that ADX must be progressively increasing from below 20 to above 20.

ENTRY:

In an uptrend, if ADX is rising and its above 20 at the time of spotting the uptrend, then ur entry is few pips above the closed 15min candle. If ADX was not rising, then wait for it to go below 20level and make increasing value to above 20, then few pips above the 15min candle is your entry for BUY.

In an downtrend, if ADX is rising and its above 20 at the time of spotting the downtrend, then ur entry is few pips below the closed 15min candle. If ADX was not rising, then wait for it to go below 20level and make increasing value to above 20, then few pips below the 15min candle is your entry for SELL.

EXIT:

Fibonacci is my good tp and sl tool, you can adopt any other support and resistant tool

You get more daily analysis based on this trading plan on my blog http://bondfx-market.blogspot.com

Thank you.

JAMES

USD/CAD ON 4 CANDLES STRAT (EUR/USD ON TP)

Our EUR/USD delivered hiting the TP on 1.5020.

The USD/CAD triggered the 4 candles strategy at 1.0555 delivered 30pips profit at 1.0525. It was a nice setup supported by declining moving averagies and RSI

LOCK UP EURUSD PROFIT

Good morning,

It will be nice to lockup EURUSD 20pips profit to breakeven as the euro is facing a hard time with the resistant at 1.4990. Also watchout for a good 4candles strat setup. FUll report on this strat will be published later today.

Enjoy.

EUR/USD - Approaching Intraday Resistant

The next look on EURUSD after breaking a major intra-day trendline is 1.4960. A break of this point will see further push to next resistant point 1.5020. The Bull may take over after a close above the 50sma and good intra-day market strength above 20 level of the ADX

Let's watch

4Candles AUDUSD and GBPUSD

This strategy triggered today at 0.9194 about 7:45am FXDD terminal time when ADX gave a better market strength. for a 50pips. Nice one.

The GBPUSD is still running with our entry at 1.6555, Market strength helped the entry and its running with 30pips at the moment.

Enjoy

EUR/USD - Overnite Bearish Setup with success

Good morning,

Our overnite setup on EURUSD hit TP at about 9:15am FXDD terminal time and also triggers our 4Candles strategy at 8.00am at 1.4940 for a 40pips profit at same TP with overnite setup.

Its a morning full of smiles. Lets have a look at 4candles strategy on GBPUSD, AUDUSD and USDCAD pairs in the next post.

EUR/USD - Overnite Bearish Setup

Hello again,

Its 8:25pm GMT+1 my trading desk and i have been able to spot lower high on EUR/USD after a trendline break with a close below the 50sma.

With the ADX market strength rising above the 25 level. I recommend a SHORT from the low 1.4955 targeting the fibonacci point at 1.4923, 1.4900.

CAUTION: A four hour trendline is a major problem will be better to lock profit to break even on the first 15-20pips profit. A break of 1.4999 may lead to a bullish run nullifying the brearish outlook.

Regards.

James

EUR/USD - Intra-day trend "MAY" short

Bullish trendline broken with lower High trendline. The ADX Strength still very strong on the BULLISH side, so its good to be careful. 1.4992 remain a good barrier to the further bullish side

ADX strength need to relax to below 20 level and good recovery to the 25+ side with the bearish trenline in place will trigger a sell.

Enjoy!

USD/CAD - A DIP

se

Hello Good morning,

My trade for this morning is USDCAD. The last trading day i had a break of my trendline looking for a down trend (red diagonal line). Today the down trend was confirmed with the lower high spotted with the blue line. It was a nice dip selling from the strength of the market using ADX.

Our entry as a result came from the low of the 1:45am canlde of the FXDD platform in the 15min timeframe at 1.0680 and exit based on the 100sma technique in charting fibonacci. Support zones at 1.0663 and 1.0622 . For complete details about this strategy please write james.ayetemimowa@gmail.com

I will welcome your comments.

James.

4 CANDLES STRATEGY (BETA)

4 CANDLES STRATEGY (BETA)

NAME: AYETEMIMOWA JAMES FEMI
SITE: www.bondfx.biz
http://bondfx-market.blogspot.com

EMAILS: james@bondfx.biz
james.ayetemimowa@gmail.com

Its good to be here again after a while of hard research work. I believe in simplicity and money management - good MM i mean. Anytime I move away from those two facts, no matter how good the strategy may be, I will fail.

December 23, 2007 I came up with "4 CANDLES STRATEGY" on this website and special thanks to all the followers, critics and Edward the moderator.

This 2009 I have come out with this "BETA" version and this time I think its better, cleaner, and profitable with good money management.

I will do a comprehensive explaination on this site and daily analysis with free trade signals will follow on my blog http://bondfx-market.blogspot.com on daily basis. Please Enjoy it.

Before you read further please review this risk warning:

"Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts."

TRADING PLAN

CURRENCY PAIR: ANY

INDICATOR: STROCHASTIC (5,3,3)

TIME FRAMES: 1HOUR AND 15MIN

SAMPLE PLATFORM: MT4 (LITEFOREX.ORG) with this you can check the broker time and adjust with your broker's time.

SETUP:

I will be using Friday November 20 2009 as an example and will be analysing EUR/USD today

Your chart setup should look like figher (a) below. The blue horizaontal lines shows the highest and the lowers level of the first Four(4) candles of the day. You need this for visual aids. At the touch of either of the lines by price. It stochastic is Over sold or over bought, then NO TRADE. If not, then check if the direction of price and stochastic are the same. If stochastic is pointing down and price is touching the lower line then you have a change to trade SHORT and conversely for LONG.

A careful look at the chart figure (a) at 2009.11.20 04:00 the price touched and closed below the lower line for SHORT, but stochastic over sold, then NO TRADE. So we wait or forget trading with this strategy for the day.

A look at figure (b) price touched the uppline 2009.11.20 08:00, and stochastic in same direction. Then potential LONG trade. So we move to the 15min timeframe. in figure (c). We have a NO TRADE as price refuses to close above the upper line.

Now figure (d) price touched the lower line at about 2009.11.20 11:00 on the 1hour timeframe and stochastic not over sold - then a potential LONG TRADE. Move down to 15min timeframe as in figure (e). Price closed below the line at about 2009.11.20 11:30 and few pips below the low of this 15min candle is our ENTRY for SHORT trade.

EXIT:

The distance between the two horizontal line in pips value can be your TP and SL. A good understanding of fibonacci or pivot can help you too. I use fibonacci. DONT FORGET MONEY MANAGEMENT, i mean your risk exposures.

I hope you will enjoy this strategy and if compared with previous version, you will see a good improvement. I will also welcome your comments

Daily analysis of the currency market with this strategy on http://bondfx-market.blogspot.com with any pair, showing reccommended support and resistant points. A comprehensive analysis of my "POWER TREND" strategy will also be available daily on my blog. I welcome your comments.

MAKE PIPS, KEEP MONEY.....

JAMES.

PICTURES:

Risk Warning!

Before reading the up coming post please review the Risk Warning below:

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.