Monthly Archives: June 2014

What is the Bandwagon Theory? , June 30, 2014

And, most importantly, what are you missing in your trading if you are not aware of it?

Hey  Trader,

the first time I have read about the Bandwagon Theory I dismissed it as not that important.

What a big mistake I did!

It took some years, when I finally started getting interested in algorithmic trading, before I stumbled into it again and, boom….  it all made sense.

Now I recommend new and experienced traders to make sure they understand it… and very well.

As the Bandwagon Theory is an allegory of how the markets work – and a powerful one, too – it is not so easy to grasp its practical importance and how we use it in our trading. Also it is not easy to see how we can relate it to our trading method.

For this reason I decided to illustrate the Bandwagon Theory on the EUR/USD, so to provide traders with a much clearer and actionable explanation.

… and I will be offering a free Webinar at FXStreet.com on Wednesday July 2, 12:00 GMT on this topic.

Find the details hereunder:

Title: The Bandwagon Theory Illustrated in Modern Markets
Summary: “I will discuss a powerful allegory for markets behavior, worth alone months, if not years, of trading exposure (not an overstatement). It can save a lot of time, money and mental pain. I will illustrate the Theory on the EUR/USD and the recent daily chart of NZD/USD, explain how it applies to my trading and how it relates to Algos trading in Modern Markets.”

To register for the free Webinar you can click here.

In the mean time you can also read more about the Bandwagon Theory in:

Happy trading!

Giuseppe Basile, ~the FibStalker

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Filed under Articles, Webinar

This weekend, June 29 2014, in my free weekly Newsletter

Hello all,

this is an anticipation of what you will read in my free weekly Newsletter I am going to send tonight Sunday, June 29, 2014:

  • FOREX & FUTURES – EUR/USD, Dollar Index, S&P500 emini and Gold futures Weekly Review
  • FOREX – GBP/USD, AUD/USD, USD/CAD & NZD/USD Weekly Review
  • FOREX – USD/JPY,EUR/JPY, GBP/JPY & EUR/CAD Weekly Review
  • EDUCATION – Upcoming New FXStreet  Webinars – on Wednesday July 2, 2014. Do not miss it!
  • MARKET WEEKLY REVIEWS – 6 Recent issues of the “FibStalker Free Newsletter”
  • EDUCATION – Download my eBook
  • EDUCATION – Useful Links to get Started with FibStalker and material
  • UPDATES

I put a lot of effort into offering free of charge market analysis and newsletter content without mistakes. However some articles or reviews may still contain, from time to time, refuses and mistakes (this is does not happen often, and the context will often flag the wrong piece of data), thus I ask you to be patient.

Notice that price projections in my method are not from/to random levels and do not follow Elliot Wave, DiNapoli levels or other methods, but rather a proprietary method based on modeling effects of Program and Algorithmic Trading on price.

I like to help traders at all level of development “level plain” the trading game showing what banks, institutions and big hedge funds are actually doing (and not what they are saying they are doing). Follow my work to learn how to spot the Algorithmic Trading footprints.

I send a free Newsletter in the weekend and provide updates throughout the week. The newsletter typically includes 3 video reviews for (1) EUR/USD, Dollar Index, S&P500 emini and Gold emini; (2) the Japanese Yen majors, i.e. USD/JPY, EUR/JPY and GBP/JPY; (3) the other majors: GBP/USD, AUD/USD, USD/CAD. Please, register here to receive the free weekly newsletter.

Note: even if you did not make and you subscribed after I sent the email out, do not worry! When you subscribe you get the links to the last 6 newsletter issues.

Have a great trading week

The FibStalker Giuseppe, ~the FibStalker

 

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Filed under Dollar Index, Euro FX setups and trades, Forex, Futures, Newsletter, Stocks, Trading Plan, Weekly review

Invite from FXStreet.com, June 17 2014

FXStreet Logo

Monthly Webinar this Thursday

Dear trader,

We’ve brought in Analyst Giuseppe Basile, CMT, for an exclusive almost 3 hours webinar! This is a two part series and that will be on Thursday, June 19th.

In “Thinking and trading like modern algos” and “How “secretive” program trading incorporates market psychology”, Giuseppe Basile will show us a major class of algos that strongly influences modern market and the “invisible” Program Trading.

The webinar is made of two parts: the first part is open to all users for free and the second part is for Premium users only.

PART 1: Thinking and trading like modern algos – FREE – 13:00 GMT / 9:00 am EDT

In the first part of our Monthly webinar, we will look at how forex market price moves and compare to how the average trader thinks the market moves. We will then turn focus on Program Trading, a major class of algos that strongly influences modern markets, and how we can model it. Finally we investigate the stages of a trader, what is trading all about and choosing consistency and risk acceptance.

Register Now

PART 2: How “secretive” program trading incorporates market psychology – Premium – 15:00 GMT / 11:00 am EDT

In the second part of the Monthly Webinar, we review a simple, but very effective setup CME floor traders brought into computer-based trading in the late 80s. Then we will focus on the “invisible” Program Trading, that silently adapted to mimic market psychology and I will show jaws dropping long-term charts that show how the rules used by Program Trading could be applied in the last 110 years. Those same rules can put you in the elite 5% of regularly consistent winners.

Register Now

Not a Premium member? More information

WHO IS GIUSEPPE BASILE?

Giuseppe Basile
Giuseppe is a Certified Market Technician and swing trader, IFTA and SIAT associate. Holds a B.Sc. in Computer Engineering and a MA in Finance. In the markets since 2001, became trader and mentor in 2007. Studied with several traders in UK, Europe and US, adding over 7,000 hours of screen time between 2009 and 2013 alone. In 2012 launched FibStalker, a blog specializing in forex, futures and stocks trading, where he also runs a free newsletter and publishes daily videos with actual setups and complete trading plans.

Giuseppe’s unique method attempts to spotting footprints of Program Trading, a powerful class of algos that governs the markets. Giuseppe is a rigorous researcher with several published papers about money management, automated trading, HFT and innovative timing and trading methods.

Watch Giuseppe’s previous webinars

* FXStreet webinars are run using Webex. If it’s the first time you attend a webinar on FXStreet, we recommand you to read our instructions.

This email does not constitute a solicitation for the purpose of buying or selling in the foreign exchange market. Although the information contained in the offered webinars comes from trusted sources, FXStreet is not responsible for guaranteeing the accuracy, timeliness, completeness or fitness of such sources. © 2014 \”FXStreet The Forex Market\” All Rights Reserved

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Filed under Webinar

This weekend, June 15 2014, in my free weekly Newsletter

Hello all,

this is an anticipation of what you will read in my free weekly Newsletter I am going to send tonight Sunday, June 15, 2014:

  • EDUCATION – Upcoming New FXStreet  Monthly Webinars – a  Special 3-hour event on June 19, 2014. Do not miss it!
  • FOREX & FUTURES – EUR/USD, Dollar Index, S&P500 emini and Gold futures Weekly Review
  • FOREX – GBP/USD, AUD/USD, USD/CAD & NZD/USD Weekly Review
  • FOREX – USD/JPY,EUR/JPY, GBP/JPY & EUR/CAD Weekly Review
  • MARKETS ANALYSIS & TRADING POSITIONS – Last week’s Daily Updates
  • MARKET WEEKLY REVIEWS – 6 Recent issues of the “FibStalker Free Newsletter”
  • EDUCATION – Download my eBook
  • EDUCATION – Useful Links to get Started with FibStalker and material
  • UPDATES

I put a lot of effort into offering free of charge market analysis and newsletter content without mistakes. However some articles or reviews may still contain, from time to time, refuses and mistakes (this is does not happen often, and the context will often flag the wrong piece of data), thus I ask you to be patient. With time the content will be clean and cleaner.

Notice that price projections in my method are not from/to random levels and do not follow Elliot Wave, DiNapoli levels or other methods, but rather a proprietary method based on modeling effects of Program and Algorithmic Trading on price.

I like to help traders at all level of development “level plain” the trading game showing what banks, institutions and big hedge funds are actually doing (and not what they are saying they are doing). Follow my work to learn how to spot the Algorithmic Trading footprints.

I send a free Newsletter in the weekend and provide updates throughout the week. The newsletter typically includes 3 video reviews for (1) EUR/USD, Dollar Index, S&P500 emini and Gold emini; (2) the Japanese Yen majors, i.e. USD/JPY, EUR/JPY and GBP/JPY; (3) the other majors: GBP/USD, AUD/USD, USD/CAD. Please, register here to receive the free weekly newsletter.

If you like this article, please share it with your friends and fellow traders.

Sharing is caring…

Have a great trading week

The FibStalker Giuseppe, ~the FibStalker

 

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Filed under Dollar Index, Euro FX setups and trades, Forex, Futures, Newsletter, Stocks, Trading Plan, Weekly review

NZD/USD pointing to new highs, June 12 2014

Dear traders,

you know I have been bullish about the NZD/USD all the way since mid of April. Here are my previous posts about NZD/USD which you can checkout:

I have indicated very clearly almost 2 months ago where the NZD/USD could move to. How is that possible?

Of course because I study the effects on the market of Program Trading, a class of Algos trading that is very active on the market and moves price on the largest forex pairs and instruments.

On June 4, I wrote in relation to NZD/USD: “Congrats to those who traded the market short after the sequence of daily moves long was interrupted as of May 23. The market got into that 0.8415 area as anticipated. A first confirmation of support at this area will come if price is capable of climbing above the 0.8478 level.”

That 0.8478 entry long level, with a stop below lows, was a great entry.

Look at the picture below of what the market did since then, and look at where we are headed:

"NZD/USD responding to next measured move and strongly moving higher", June 6 2014

NZD/USD responding to next measured move and strongly moving higher“, June 6 2014

As you can see the first target of this new move is 0.8950, and that target has been confirmed already.

Now look at what I mentioned on my April 18th post on NZD/USD, you can reference the chart below that was in included in that post:

“NZD/USD hit a target at 0.8740 known two months in advance” – April 18th 2014

NZD/USD hit a target at 0.8740 known two months in advance” – April 18th 2014

“Once and if the market will get in area E (see weekly chart above), I will be using again the FibStalking technique to test this area. If this area tests successfully the entry will have a stop below the E area at 0.8318, as mentioned already.

In that case I will also start looking at my next (Program Trading) target at 0.8908 (area F). Here is where I anticipate Program Trading and professional traders are going to push price to take profits. The reason why I believe , after this correction, a continuation higher is more probable than a continuation lower is that if we look at the weekly timeframe we can see that there is another larger area of support at the 0.77 area (this is area A).”

So I hope you realize the power of looking at the markets putting on the Program Trading “goggles”.

If you want to learn more about this method, join my…

Upcoming FXStreet.com Monthly Webinar on June 19, 13GMT
This is going to be a packed 3-hour event with in 2 separate parts:

Part I – Webinar titled: “Thinking and Trading Like Modern Algos” (free event)
Summary: In the first part of our Monthly Webinar, we will look at how forex market price moves and compare to how the average trader thinks the market moves. We will then turn focus on Program Trading, a major class of algos that strongly influences modern markets, and how we can model it. Finally we investigate the stages of a trader, what is trading all about and choosing consistency and risk acceptance.

Part II – Webinar titled: “How ‘secretive’ Program Trading incorporates Market Psychology” (premium event)
Summary: In the second part of the Monthly Webinar, we review a simple, but very effective setup CME floor traders brought into computer-based trading in the late 80s. Then we will focus on the “invisible” Program Trading, that silently adapted to mimic market psychology and I will show jaw dropping long-term charts that show how the rules used by Program Trading could be applied in the last 110 years. Those same rules can put you in the elite 5% of regularly consistent winners.
Please register here you can watch it here.

Register here for the June Monthly Webinars.

I sincerely feel that the content in these webinars will make an impact on your trading results. I hope you can make it there, please reserve some time in your calendar if you can attend.

I look forward to interact with you and answer all the questions you may have.

Thank you for following my work.
See you next Thursday.

Kind Regards,,,

Happy Trading!

~FibStalker

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Filed under Forex, Market Timing, Program Trading, Trading Plan

What if this made a difference in your trading and your life? June 12 2014

Dear all,
good morning. If you trade full time, part-time or plan to start trading then you do not want to miss what I have to tell you in this post.

… yes, what if what I have to tell you made a difference in your trading (and life)? Because it surely made a difference to other traders, already.

What am I talking about?

In the last two weeks I had several followers asking for help, advice and guidance, which add to the larger number of those I have helped in the last 2 years. Subscribers to my Weekly Newsletter are also asking for information about my mentoring, which I am planning to start somewhen in July (I will inform you so, please keep reading the newsletter I send every weekend)

I know that at least in a few cases I was able to make a difference. I saved a starting trader from being wiped out and get a full margin call (due to wrong positioning in EUR/USD) and made a difference in a number of other cases, with people who start “getting it” and understand that trading along with Program Trading means being the vast majority of time on the right side of the market.

But the way I was able to make a difference for other people and for myself, in the first place when I finally “got it”, was through education and mentoring. That was the key to my success in analysis and trading, not the endless weeks and nightly hours spent analyzing market prices and trying to “explain” price action through my own effort or with the help of Internet posts and forums (yes they help, but till to a certain extent and level).

For this reason I wrote this post to invite you to join my…

Upcoming FXStreet.com Monthly Webinar on June 19, 13GMT
This is going to be a packed 3-hour event with in 2 separate parts:

Part I – Webinar titled: “Thinking and Trading Like Modern Algos” (free event)
Summary: In the first part of our Monthly Webinar, we will look at how forex market price moves and compare to how the average trader thinks the market moves. We will then turn focus on Program Trading, a major class of algos that strongly influences modern markets, and how we can model it. Finally we investigate the stages of a trader, what is trading all about and choosing consistency and risk acceptance.

Part II – Webinar titled: “How ‘secretive’ Program Trading incorporates Market Psychology” (premium event)
Summary: In the second part of the Monthly Webinar, we review a simple, but very effective setup CME floor traders brought into computer-based trading in the late 80s. Then we will focus on the “invisible” Program Trading, that silently adapted to mimic market psychology and I will show jaw dropping long-term charts that show how the rules used by Program Trading could be applied in the last 110 years. Those same rules can put you in the elite 5% of regularly consistent winners.
Please register here you can watch it here.

Register here for the June Monthly Webinars.

I sincerely feel that the content in these webinars will make an impact on your trading results. I hope you can make it there, please reserve some time in your calendar if you can attend.

I look forward to interact with you and answer all the questions you may have.

Thank you for following my work.
See you next Thursday.

Kind Regards,,,

Happy Trading!

~FibStalker

Leave a comment

Filed under Articles, Event/Webinar, Forex

All Markets Daily Update, Analysis, Setups and Forecast, June 12 2014

Hello Traders,

Tonight’s video features the 12 markets I follow (I have recently added ,and will keep EUR/CAD).

First of all, let me congratulate those who watched (and acted) Weekly Newsletter video reviews and Monday’s Daily Update. You can see how this analysis works well and give good setups with 15min price confirmation, well in advance!

The market analyzed in the below videos are EUR/USD, S&P500, Dollar Index, Gold, USD/JPY, EUR/JPY, GBP/JPY, EUR/CAD, GBP/USD, AUD/USD, USD/CAD & NZD/USD. This video analysis is related to tomorrow, Thursday June 12 2014 trading day.

Before you continue, I want to remind you of the 3-hour Monthly Webinar event I am going to offer on Thursday June 19 at FXStreet.com. It is in 2 parts and you can check the details of the June Monthly Webinar and register here. Don’t miss it, it has the potential to trade your trade for good!

I hope this is useful to your trading journey and learning process, and that you enjoy it. Please drop me an email at fibstalker@gmail.com, if you have any questions.

I also want to thank all traders and students who are following my analysis and trading. Your feedback is very appreciated and you are awesome!

Thanks for your positive feedback and emails. Also, when you send me a chart, make sure you mention market, timeframe and days/time. Thank you!

(video is below, if it is not yet ready, please allow for it to be uploaded – my connection is slow today!!!! 😦  )

If you like this follow-up analysis, do not forget to subscribe the free Newsletter to receive the weekly review on Sundays!
I wish you a great continuation of your trading week.

Notice that price projections in my method are not from/to random levels and do not follow Elliot Wave, DiNapoli levels or other methods, but rather a proprietary method based on modeling effects of Program and Algorithmic Trading on price.

I help traders “level plain” the trading game showing what banks, institutions and big hedge funds are actually doing (and not what they are saying they are doing). Follow my work to learn how to spot the Algorithmic Trading footprints.

I send a free Newsletter in the weekend and provide updates throughout the week. The newsletter typically includes 3 video reviews for (1) EUR/USD, Dollar Index, S&P500 emini and Gold emini; (2) the Japanese Yen majors, i.e. USD/JPY, EUR/JPY and GBP/JPY; (3) the other majors: GBP/USD, AUD/USD, USD/CAD. Please, register here to receive the free weekly newsletter.

If you like this article, please share it with your friends and fellow traders. Thank you (use the buttons below the article).

Sharing is caring…

Should you decide to operate based on this information you are invited to do your own due diligence, consult a registered trading professional, as well as, understand the risks involved. This information is for educational purpose only. Please read the Disclaimer and accept all involved risks.

Thank you.

Have a great day

Regards,,,

The FibStalker Giuseppe, ~the FibStalker

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Filed under Commodities, Dollar Index, Euro FX analysis and trade setups videos, Euro FX setups and trades, Forex, Futures, S&P mini futures setups and trades, Trading Plan