Now lets get to the business end of things.
Now lets get to the business end of things. This one is free.
AUDCAD daily charts are doing what Kate suggested a few days back. Remember? Her stop was 1.0380. We in our infinite wisdom of short stop closed it at 1.0430. This trade is headed 1.08 as per Kate so get in folks. Your stop can be now at 1.0410 instead of 1.0380 as a means to protect. Her idea of long was 1.0450 but you have not missed out as you can jump in on a close above the daily BB at 1.0590.
The Aussie is making a bullish reversal against a rampant dollar. This strength is to be noted. I believe the bullish strength in the Aussie is coming from the EURAUD pair which has fallen over 100 pips to touch the 50 DMA.
The 50 DMA should stop the fall on EURAUD. Look for entry points on the hourly charts below. The damage on the daily charst is immense as the vortex is now getting into a bearish zone.
The remaining charts can be found at the website of Capital3x.
The Weekly PerformanceThe MYFXBOOK LINK is available on myfxbook
The myfxbook dashboard is above and you can see the consistent rise in profits.
The full list of trades is shown below (Extracted from myfxbook)
For the month of February 2013, over 250 forex trades, C3X made +1893 pips and a dollar value profit of USD 2,964. What makes the performance so special is that C3X made the highest ever weekly profits pips since inception in July 2011. The weekly performance stood at +1280 pips and a dollar profit of USD 2121. The leverage was maintained between 0.01 lots and 1 lot (rare cases). You can go through the myfxbook link for all trades since FEB 11 2013.
Further splitting trades via forex pairs (for the last week)
The best trade has been EURJPY making +826 pips and a dollar profit of USD 1681 for the last week. The rest of the pair wise analysis is provided above and can be further understood from the myfxbook link.We again reiterate that this is not some auto mode EA trading but manual traders who trade looking for trades at inflection points. The key to understanding Capital3x trading has been that the whole trading system rotates around finding pairs at inflection and confluence zones which allow us to keep the tightest stops possible. Rarely will you find traders trading forex markets with stops as closes as 30 pips and aiming nearly 2.5x times the reward.Capital3x also sponsors high quality bond market indicators for EURUSD, EURJPY, USDCAD and ES futures. While the indicator on EURJPY and EURUSD has been outstanding, I wanted to point out the performance of the ES indicator which is one of the most accurate and reliable indicators for trading ES.
So instead of wondering what to do next, come over to Capital3x and join a high quality group of traders as they chart and dissect the forex markets.