Home this email finds you well.
Most Viewed Webinars October 13th – 19th:
#1 Giuseppe Basile, CMT– A New Philosophy for Trading Success in Modern Markets
#2 Dr. S. Sivaraman – Asian Session: Live Market Analysis
#3 Joseph Trevisani – The Psychology of Gold: Fundamental and Technical Analysis
I want to thank all my followers and students for their interest in my work and for watching the webinar.
If you do not have time to watch the full webinar (around 50min), you can watch the 8mins highlights of the webinar which covers the following points:
- The reality of Modern Markets and volume traded by different classes and families of algos (HFT being the less important)
- Grounded & proven behaviors about the markets
- An annotated example of a sequence of measured moves higher in the EUR/USD 4-hour and how the self-fulfilling prophecies (“sitting duck levels”) are fallacious in my opinion
- A second annotated example of how I analyze and trade a sequence of measured moves lower for the EUR/CAD on the daily timeframe*
*For this pair at the end of May 2014 in this video interview for Swiss Dukascopy I have forecasted lower prices into the 1.38450. The sequence of the measured moves lower broke at around 1.4050 and then is when the move higher started.
In my trades I use methods based on modeling the effects of Program and Algorithmic Trading on price. I also time the areas of support and resistance showed in the examples in the video above using a proprietary technique called FibStalking. This is a timing technique that allows to procedurally test area of potential participation from program trading and algorithms in a procedurally way. This helps reducing uncertainty and removes stress from the trading process.
I like to help traders at all levels 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).
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, S&P500 emini, Dollar Index and Gold emini; (2) the Japanese Yen majors, i.e. USD/JPY, EUR/JPY, GBP/JPY & EUR/CAD; (3) the other majors: GBP/USD, AUD/USD, USD/CAD & occasionally EUR/CHF. Please, register here to receive the free weekly newsletter.
To your success!
Giuseppe Basile, CMT, B.Sc. Eng., MA.Fin,
SIAT/IFTA associate, Researcher and Trading Mentor
FXStreet.com Contributor and Toronto Forex Meetup leader