HUNT/FX

Reformation of The Mind

2006-03-16T09:51:00.000-05:00

I am calling this post "Reformation of the Mind" because if any of you who are reading this know my trading style or the one I talk most about - Trend within 4H and 1D timeframes, you know that I have been an evengelist for some time now on getting Traders "out of the box" and thinking towards getting into a trade with definite targets as far as entry and exit points. This is all very sound - however; an area that I have not expanded on a lot is the practice of Day Trading or Trading within tighter time frames. Well why am I talking about this now? What I am finding is that the crowd that trades theses smaller time frames and when I say smaller I need you to understand that I NEVER trade 15M charts or anything less... So when I speak of small I am speaking of time frames of 30M + towards 1H maybe 2H. I am expanding into this because often as Traders we find ourselves caught within ranges that do not warrant "Bigger Moves" ie 4H and 1D trades that are safe and easily managed without the potential of a quick reversal. Using Ichimoku adds difficulty to this scenario because of it's speed of signal and execution, many times by the time you see the clear path of a trade the trade is changing in direction. To remedy this it is critical that you know how to trade within smal time frames to turn idle time into viable opportunities in the ranges of 10 - 25 pips per execution. Keep in mind however you will have to have a more focused fram of mind when trading this way and you have to be willing to monitor your trades from a "hands-on" approach.

So for the next few weks maybe a month or two I will be trading from a different stance - one different than what I am accustomed od sharing with the readers of this blog - and hopefully by doing so I will give another level of insight into the methodolgy of Ichimoku Kinko Hyo.

We will be focusing on just two currency pairs with a daily target of 25 - 50 pips per day. The pairs studied will be The Euro Dollar and the Cable (EUR/USD and GBP/USD). In my opinion these two pairs will provide the volitility that we need to really look at this mode of trading and its implications.

I will be providing Audio versions of most of the post over the next few weeks as well. For the first time I will also be posting screenshots of my actual trading platform and relevant set-ups.

Please kep in mind that though we conduct a tremendous amount of analysis - there is no 100% system so please trade with care and only execute trades that you can confirm and agree with 100%.

Good Luck Trading

HUNT/FX Adds Audio!!!

2006-03-13T00:09:00.000-05:00

Alot of exciting things ar happening around the world of HUNT/FX - I know it does not seem like it due to the fact that you seldom hear from me anymore, lol!!! Just be assured that I am working hard at making HUNT/FX the definative source for information concerning the markets and Ichimoku kinko Hyo.

Major Changes:

1. I will only be taliking about two of the major currency pairs, specializing in the two pairs will allow you to get a solid look at the Euro and Cble without a lot of "clouds" in the way.

2. Audio!!! I have launched or in the process of launching a Pod Cast through ODEO, so now instaed of just reading HUNT/FX the blog you will be able to hear "A Daily Dose of Ichimoku" the audio version of this site.

3. New training and mentoring opportunities. After training for the later part of 2005, I discovered that learning Ichimoku is a very involved process, so I will be offering Ichimoku Training at a whole new level!

4. Screen shots!!! I will be loading screen shots of my charts now!! I will be sharing with you right here on HUNT/FX good set ups and also opportunities in the various time frames.

This is all I have for now - Look for the ODEO buttons and links to hear whats going on!!!

It's Hard To Get The Wheels Turning...

2006-03-06T07:48:00.000-05:00

MY!!! Its sooooo hard to get going again on your Blog when you have not done it in awhile. I can remember the days when I had to blog and in fact I may have had two or three post a day. One thing I can say though, when I stopped blogging on a "regular" basis my trading suffered somewhat, not bad but not as "on point" as usual. I think I had started being accountable to my blog, as strang as that may seem. I think by blogging I had set up a mental system that forced me to re-visit errors keeping me away from them and at the same time making a history of all of my success.

Well why am I blogging now? well I was convicted by a really good friend of mine from the UK who basically said... WAKE UP!!! Thats what friends are for -

I had gotten so fixed in my routine of trading that I forgot the fun stuff - So with that said, I guess I am woke now. I am thinking about doing somemore training on short time frames ie 15 - 30M charts and really looking at that a little more - I have a system that I have been using and it has generated great results and I am willing to share. If you want some advanced info on it email me at vhunt@huntfx.com and we can look at it -

Other than that nothing is new.. I have not even looked at the charts this morning - I did last night but nothing in detail - But just as soon as I ge a grip on them I will post some predictions and stuff.. Yeah.

Be careful out there.

Weekend Outlook - Oh... Soooo Rare!

2006-02-25T14:24:00.000-05:00

Weekend Outlook? What a treat huh!!! lol!!! I was looking at the chart with a fellow Trader and the big question is - when will the channel change? lol!!! We are really tired of looking at the same stuff!! so please!!

On the serious side - Pairs have been caught in channels for some time now - with light attempts to break out with no vail - so... this is what we have -

EUR/USD

Alarm @ 1.1890 Climb back into Kumo
Alarm @ 1.1845 Drop below current channel
Target 1 @ 1.1820
Target 2 @ 1.1790

GBP/USD
Alarm @ 1.7410 Break lower below Kumo on the 4H chart
Alarm @ 1.7465 Climb higher against current trend ...
No Targets, Trade Ideas...

So... this is all I got! I will be looking deeper on the market open Sunday at 5pm est - and really expanding on my other pairs but for now - (since more of you trade majors) I thought I would give you some hope! lol!!!

Be careful out there!!!

Relationships.

2006-02-23T08:29:00.000-05:00

Relationships. Relationships can be a very complicated, or in better view "we" can make relationships very complicated. Sometimes we can see that we are in a "bad" relationship and "try" to make it work, or we can be in a very "good' relationship, and due to our experiences in the bad relationships we can unconciously do all we that can to "under-mind" the good relationships - lol!! a quite frustrating experience -

And here we are with Ichimoku Kinko Hyo a system built on relationships, relationships built on mathematical probablity and insight. You have a individual named Tenkan-Sen who courts Kijun-sen, and while Tenkan-sen can at times be a wild hair roaming about - Kijun-sen - is steady and moves slowly through life - steadfast and strong keeping Tenkan-sen in a perfect balance.

Then there is The Senkou's - Mr. A and Mrs. B we like to call them. This pair travels across a seemingly chaotic field of numbers that bound to and from continuously - never settling for long - in a cool calm colleted fashion - at times it almost appears that these two have their heads in the clouds - simply living life from moment to moment giving advice to the younger generations - Tenkan-sen and Kijun-sen often lend an open ear, however; with thier youthful spirits they can often conflict with the advise delivered from the wise pairs - the Senkou's .

But there is always one. The one that travels through life as a rebel - the one that tries day in and day out to find a path - a way in this life. Often this "rebel" will interact with the relationships that it comes across - and changes their destiny forever - Not in a negative way - but often offering a new insight on "life" and the course of things - seeing through the eyes of one who has had time to look at things from a different perspective - both past and present and make decisions based soley on facts and without the influence of any relative relationships - This one is called Chikou and Chikou in its difference can make the difference.

Just a different look at Ichimoku.

New Header - New Ideas - Just Plain New!!!!

2006-02-23T08:10:00.000-05:00

Well, well, well, what you have time for when the currencies are stuck in ranges!! lol!!! I thought it would be a good time to re-do the header that we have seen for sooo long - well over 100 post now - and surely if I was tired of seeing the old header so were you all.

So we are trying something a little different. Nothing to report today so far.. I have not even taken the time to look at the charts - I had gotten alarms early this morning and I know that Euro has climbed some as well the cable and the the Swiss decided to drop - along with the Dollar Yen - This I know from my alarm systems and what I get on my BlackBerry. I am not top excited by these moves because again - for us Ichimoku "Guru's" this spells another day of contridiction on the 4H and 1D cahrts - and, if you are at all like me, I stick to my system - and when the system is out of sync - I be still...

I will go in and do and analysis on what out there but I am almost certain that there are no "good" trade ideas out there - at this point due to the erratic movement - The market is sooo choppy - I feel like Peter out the water with Jesus! Except Jesus is not telling me to come out on the water!

Be safe out there!!

Busy Morning - Big Updates - Thank The Lord!!!

2006-02-21T09:22:00.000-05:00

Today there has been some progress across the board - and there are some pretty good ideas developing for strong trade zones - The majors are not providing many views - however; what I call the "exotics" are - The Cable Yen and the Euro Yen are both firming up and finally showing some sort of direction - Which in my opinion (my opinion of course) is continued Bull Scenario - So the object is to carry through in a Bull stance. Here are my suggestions -

GBP/JPY
Enter @ 207.55// Exit @ 207.95 T1// SL @ 206.85

EUR/JPY
Enter @ 141.50// Exit @ 141.75 T1// SL @ 141.20

I am currently active in both trades at -1 and -4 repectfully...

I do not have ny great or even "good" trade ideas for my other crosses - the "Majors" yet - I am waiting for days end to make my analysis - and hopefully gain a little footing across the board. The Euro and Cable are both very close to, or engaged with prevailing Kumo structures (which always spells "RISK" on the 1D and 4H charts - so I am standing back - with insight from 1H and 2H speeds - so we will see...

Be careful out there!!

Whoa!

2006-02-20T09:33:00.000-05:00

Whoa! Is actually an understatement - Can we say... Lost Focus? lol!!! Yep that's me - Mr. Lost focus. I have not posted here is sooo long when I opened my Blogger account there was dust on the loging screen - I almost fainted -

But anyway - what can I say - the pairs have been kicking my butt to say the least - but its been an interesting but kicking - because in the process of getting my butt kicked I have been elevated to Fund Manager (how ironic) so now not only am I getting my rear "toosh" chewed off, but I am responsible for getting other peoples rear ends chewed off - lol!!! I am laughin only to stay sane in all of this.

All jokes asside it has been an interesting month so far, I blamed the first half of the month on the New Year, until that got old, then I started blaming the currencies - (like we all do) then I started blaming the lack of equillibrium - then the Pip Gods... Now I am running out of "Blame Takers" lol!! so if any of you have any I can use please submit them - My ears are open- I am sooo desperate that I even enabled comments on my Blog again!! lol!!!

Today I did analysis for what its worth I have no trade ideas yet for this week - If you have been following my Blog you all know (or should know) I trade using Ichimoku Kinko Hyo so my timeframes and stuff are all longer - so I am not a very high volume trader as it pertains to how many trades I actually execute - however the trades I do execute produce solid pips generally 30+ per trade and I trade 4 Major currencies as well as 2 Exotics - Which I have recently added for a little flexibility and variety GBP/JPY and EUR/JPY, both strong trending pairs -

So what do my charts look like? well - something like this -

EUR/USD 4H
Alarm @ 1.1910 drop below kumo signal 4H
Alarm @ 1.1985 climb above kumo 4H
No Trade Ideas....

GBP/USD 4H
Alarm @ 1.7540 climb above kumo
Alarm @ 1.7390 drop below kumo
No Trade Ideas...

USD/CHF 4H
Alarm @ 1.3120 break above 4H range and breach of Tenkan-Sen
Alarm @ 1.3160 Fall back into kumo, chikou repositioned below price.

USD/JPY 4H
Alarm @ 118.45 climb above current kumo structure
Alarm @ 118.15 break below current position, rest on top of kumo
No Trade Ideas

This is what I have for the Majors that I trade. Here is one of my "Exotics"

EUR/YEN
Alarm @ 140.85 fall below current range
Alarm @ 141.35 break above current range

So... if that help any of you out there. Basically I am taking a little precaution on today.. not pulling any triggers just allowing the price to show it's hand before I decide on any solid movement. There has been a lot of turbulence (I have not gave "turbulence" any credit yet) over the last few days so I am standing back waiting for the smoke to clear for the most part.

Today should be relaively quiet for the most part bcause of US holidays - so we will see -

Good luck trading!!

Long Time No Hear From, See From, Whatever... lol!!!

2006-02-06T10:36:00.000-05:00

Yep- I know, you all thought that the pip monster ate me huh? lol!! No - serious business - I have been trading like "trade slave" over the past wek or so - and I have also been in the middle of a relocation. I will be posting pictures of my new residence (did I spell that wrong?) anyway - I will be putting up some images of how I am living now - lol!! Like any of you all care - no matter - I am excited - lol!!

Trading for the month of January was quite eventful - breaking out of sideways channels and flying in definite directions the pairs were profitable and somewhat predictable. NOW I am not saying that trading was not hard - in some cases but OVERALL - the trading atmosphere was not to bad - I ended last week over 200 pips and the month gave over 500 pips with low risk thresholds - which brings me to a good trading point - My opinion of course.

Trading Point #3015

A good month is not only gauged by how many pips you end up with - but also by how much hell or lack there of that you endured.

What do I mean by this?

Lets say that you gained 300 pips with very little stress, your technicals were all on the money - each day when you started looking at opportunities you found one somewhere within your portfolio, you were lined up with any technical accountability partners, and everything was peachy -

-vs-

You gained 450 pips - and your technical were almost if not always off - and it was by the grace of God that you gained any pips. When you woke up in the AM or PM (night owls) you were dreading he trading platform and almost did not want to put your passwords in. Every trade caused big flood causing beads of sweat to bust out of your forehead - Your signals were dead and you were in the negative in most trades more times than you were positive and you really slid by gaining pips at 10 - 15 pips at a time -

I think you get the point - Trading can be either a nightmare or it can be a enriching dream where pips seem to fall out of the sky - greatly depending on how you are looking at the market and how you choose to engage it. So your monthly success must also factor in your mental health at the end of the month. Are you in need of a vacation at the end of each month? Are you a slave to your monitors? OR are you eager to face each new trading day? Are you dreading when your husband or wife mentions a vactation because you know vacation means no trading?

So with all that said - should we as Traders really be re-evaluating our Trading practice from a bigger view? One that includes healthy and developmental progress -vs- a practice filled with stress and mind destroying tactics?

I am a firm beliver that time/ consistancy/ peace/ reward = true fulfillment. In other words - Maximize and leverage your time, be consistant with your trading, have a peace of mind with each and every trade, seek obtainable non-stressful reward, and ultimately you will end the year in a positive position and you did it all without going bald like me!

Good Luck Trading - Technicals are up next!

Can there be a change in wind direction?

2006-01-27T06:22:00.000-05:00

The Euro and Cable drifted lower over the last 24 hours and it seems as though there may be continued downward momentum....

Yesterday was a long and hectic day for me personally - as the majors appeared to be going into a corrective posture. However; what I am seeing this morning may be the start of a short term reversal at 4H speeds which may spill over into the 1D speed for a substantial target layout. Ichimoku patterns are somewhat complex at this stage which is another good signal that the Euro, Cable, Swissy, and Dollar Yen mayhave visited thier highs and lows at this point...

Today I am in observation mode with no alarms set (seeing that my yesterday alarms were ignored) lol!!! and I am in a neutral stance - The 1D charts are staed in trend - while my 4H speeds are showing change in direction. I am looking for key araes to be broken as well further confirmations before I favor the change in directions.

Have a Great Weekend - And Be Careful Friday Traders!!!!

Cable Big Picture - Cable Forecast

2006-01-26T08:52:00.000-05:00

[ 1D and 4H Chart ] Our friend the cable has been in the same turmoil as our friend euro dollar huh? lol!!! So this is easy - with a beak above 1.7942 we may see continued momentum toward our T1 which is at 1.8053 and with possibilty to our T2 zone 1.8116. However this pair is ina correction at this point and under the Tenkan Sen (on the 4H chart) which is acting as a resistance - so with that said -

Alarm @ 1.7944 - signal to identify break above key resistance level -
Alarm @ 1.8005 - signal for trade entry -
Alarm @ 1.8055 - T1
Alarm @ 1.8116 - T2

Just like the Euro - This pair is in a Bull scenario that I feel has momentum left - however if the pair gets below 1.7714 we are in threat of trend reversal - as seen on the 1D chart -

Be careful out there!!!

Euro Dollar Big Picture - Forecast

2006-01-26T08:24:00.000-05:00

[ 1D chart ] The Euro Dollar has been a steady climber over the last few days - On Monday Jan 23rd the pair climbed for over 185 pips - before running into a Senkou-Span B resistance level - causing the pair to correct back down toward the Tenkan-Sen, which was limited by the pressence of the Senkou-Span at 1.2230 level. If we can see this pair below this 1.2230 area prefferably 1.2180 for any continued downward momentum confirmed by price crossing Tenkan-Sen, and if price gets "trapped" below this level we may see a correction to 1.2117 or lower toward the Kijun Sen. We have to keep in mind however that on the 1D chart we are in a confirmed "Bull" trend and have been now for 18 days now. we have had major corrections - however the big picture is still "bullish" in nature. Chikou Span is well above price and I can not forsee any bear confirmations coming from the lagging span (chikou span) anytime soon - so with that said -

Alarm @ 1.2182 for possible buy to return to - T1 1.2231, T2 1.2269, T3 1.2288
Alarm @ 1.2311 for alert to - Alarm @ 1.2331 - Trade Entry - 1.2369

As you noticed I did not forecast any "bear" scenarios a they would be against the current trend and that is a cardinal rule for me. So my preferred stance in this pair is Bull and we will await all signals before making any trades within this pair.

One Post, Tons of Info, Trade Like a Heathen!

2006-01-26T07:49:00.000-05:00

The past week has been.. well.. huge. The last time I wrote we were waiting on breaks of key levels to gain momentum in most currency pairs. We stayed confined to channels for the most part over a big part of the first month of the year, which historically did not really add up. Generally most pairs are climbing or desending or climbing in harmony and balance after the holidays - however; this year was a little different huh? The Euro traded a liberal range for a big part of the moth - so did Cable and other pairs - and for trend traders you either walked out with a shirt on or heck - your whole chest hanging out!!! lol!!!

Where are we now? Over the past week I have gained over 250 pips in the four majors - after a brain shock I had last week - it was refreshing. If you have been following my Blog you all know that I trade using Ichimoku Kinko Hyo and I am a trend trader - with a rather odd methodology. I only place a few trades a week - generally 5 - 7 trades on average over the four majors - and now one "exotic" .. well.. I think it is exotic - the GBP/JPY pair, which is a heavy trending pair with tight moves in harmony with current trend. It is a very "stable" pair. I was introduced to the pair by a new found "trading buddy" out of New Jersey. On last week - tried experimenting with Kagi charts - and after a "hellified" attempt - I gave up and told myself - "If it aint broke.. don't try to fix it!!!" lol!!! simple enough huh? But wht I did get out of it is an enancement to my current methodolgy, and I like to call it "BlackBerry".

BlackBerry - is a strategy that uses basic alarms and notifications all delivered to my BlackBerry Handheld that either notifies me of Ichimoku Kinko Hyo generated signal and parameters based on price position and trend deveopment and gives me a clear view of trade opportunities. Using basic OCO orders I am able to enter and exit trades based on Ichimoku analysis and presets.. I know - all of this sounds like jibberish - lol!! But when"jibbersish" turns into 250 pips and all un-monitored, "jibberish" starts sounding pretty good. Did you know that God has a way of revealing to you some of the most complex strategies that could ever be developed - in the wink of an eye? And though at times the "transmission" may sound like "jibberish" the faithful knows that if God reveals it - then the revelation is either designed to teach - or deliver.. in this case the revelation is - deliverance, but I will go deeper into this later - or if you have a personal desire to know please feel free to email me -

I have not given any analysis on my blog in a while huh? maybe I will take sometime this morning and do that - so I will cover Cable and Euro dollar following this post. So stay tuned for that - Because of course I am a little against the grain - lol!! But I will also be giving insight on some great trade opportunities and developments.

Chop Suey

2006-01-20T08:40:00.000-05:00

Chop Suey - That is what the market has been like this week - though there was room for profit taking - the profit was not taken without a test of the "gut" - in basketball we used to call it "gut check" and if you know me - I am not one for "fighting over pips". I executed a few trades based on corrections to Kijun Sen and a few Chikou-Span breaks but - overall I can honestly say this has not been a well performing week.

1. I did a lot of exerimening with Kagi charts

2. I tinkered with the setting of my traditional Ichimoku (gave it steroids)

3. I dabbled in different time frames - outside of my standard 1W, 1D, 4H, 1H views

4. I placed far too many instantaneous trades - not using Limit Orders -

Conclusion - CHOP SUEY!!! lol!!!

All in all the week was challenging and actually quite interesting. But let me tell you - I do not believe I will be living another week like this one any time soon -

Website Update -

HUNT/FX the website is still being developed - It will be my little place in space that deals in all of my offerings. On the site I will be offering Analysis, Training, Mentoring, and of course links back here - to the HUNT/FX Blog - how all of this got started. I am pretty excited about it -

Training Update -

I know it looks like I do not love all of you anymore - NOT THE CASE!!! I love all of you still - so with that said I wish that the experience that you have with HUNT/FX is a rewarding one - so I am re-building somethings and really setting HUNT/FX apart from the norm that you see on the web these days - I really want you to get substance out of what I am doing so please, please be patient and I promise that what is birthed will be real "sweet"!!!

FREE ONE ON ONE SESSIONS!!!

While I am ramp things up - I invite all of you to email me and maybe we can set up some one on one time in The HUNT/FX Lab where we can share whats going on via live Chat, Cam and Voice! Let me know if you would like to participate in some of these sessions by emailing me at vhunt@huntfx.com. I look forward to it.

I bet you want a forecast huh?

EUR/USD

I am not sure how my last forecast did I have not compared notes but lets look at the Euro today, which right now as I am writting is straight taking some short dudes money! lol!!!

In theroy Nobody - well anybody trading the 1D chart should be trading the Euro right now - In the last week in a held position - Trading the way we should be trading as professionals - and not gamblers - We may have earned 49 - 50 pips to this point now! With tremendous downside risk. As Tenkan sen sits at 1.2090 and in a prevailing "uptrend" or Bull scenario in the 1D we have seen as low as 1.2040 which is a downside risk of over 50 pips - Mind you each day stays above 1.2080? So Far! at least - So if you trade smaller time frames - you should have been able to scalp the crap out of the market this week - But for Trendy's it been really hard to get a foot.

What we need to happen -

1. First - right off the bat we need a close below the 1.2090 mark - on the 1D chart

2. We need to establish a strong entry and exit strategy -

3. We need to see the Chikou Span above 1.2155

4. And we will also need a break above 1.2150 to line up for any continued upward momentum.

Here is the catch! lol!! A Bear Scenario may be coming into play -

Looking at the 1M Chart on this pair we see that we have a fresh Tenkan Kijun Cross showing Bear and the cross was made above the Kumo - so with that - we are actually in a fresh formed Bear trend on the long term - that may seek - 1.1277 levels - or lower but that is wayyyy out there. So lets bring it in...

We may begin a reversal at this point - if so we are looking at lower levels on the 1D Chart - with 1.1979 being the first solid target. We need a close below the key 1.2090 area - to start truly considering this view in the short term (coming weeks). Below 1.1976 we may see 1.1922 with sub level below this point...

Bear Strategy - Sell with a close below 1.2030 with a target of 1.1979 with a secondary of 1.1922.

Bull Strategy - Buy above 1.2153 with a target of 1.2230.

* This area will present us with a clear view of rather this pair is "over extended" and preparing for a larger corrective scenario.

For the next few days - watch this pair (unless of course you trade in smaller time frames), However the above gives a good picture of coming price action.

1.20.2006 UPDATE..

The Euro showed some signs of life!! It rose up to key levels - however still not ready to be traded for any relevant gain - But there is hope..

I believe this pair is headed back toward the 1.2198 and 1.2230 area - This is based on the 1D view presented by the pair - so with that said I have Alarms set at 1.2120 and 1.2155 - Upon tripping these - I will re-evaluate the haelath of the pair - however my bias is Bull. I am not too much concerned at this point with the long term 1M outlook - as I am wit the immediate Kumo structure presented on the 1D chart that delivers key levels - 1.2198 and 1.2230 - I would like to see these targets hit in the immediate for a true dive to lower depths -

I will update you on this one more as it unfolds -

Have an intelligent weekend!!!

Beef Stew

2006-01-19T05:40:00.000-05:00

When I was growing up (and I still consider myself growing) my family was not the "richest" family on the block - in fact, if I am completely honest here.. we were downright struggling. Many nights my mother - who was a strong pilar in our family would cook for us, my sister and my younger brother - "Beef Stew". The beef stew though very inexspensive to make was soooo good because it was full of suprises. On some nights the beef stew would have corn in it, on some nights it would have celery chopped in. I can even remeber one time she put peas in it! I remeber this clearly because I hated peas (still do). But any case - each night that there was stew was a night of suprise for me - and I truly looked forward to the suprise.

Euro, Cable, Swissy, and Dollar Yen are all "Beef Stew" right now. They are full of suprises and I like them just as much as I did the "Beef Stew" when I was a child. In the bigger picture that I trade in I see the Euro moving east in a 150 pip channel, Cable is showing signs of a fall lower - However; both pairs well all four pairs have been full of suprises over the past couple of week - and for us "Trend Traders" its been a little less than hell! lol!!! But there is light and I think we will be back in play here in the next few sessions - as we break key levels across the board.

Stay watchful - Patience + Discipline = Pips

Be Careful Out There!

Big Channels, Big Dips, Just Plain BIG!

2006-01-13T07:25:00.000-05:00

Over the last few days I am not sure of a good way to explain the "roller coaster" that we have been on in the Cable and the Euro.. If you all know me you know I follow the Euro and the Cable like a "junkie" lol!!! No - seriously, if I look back over 2005 I must say that I traded these two pairs more than any other.

Over the last few days - If I am honest - these two have truly given me a "royal headache". With explosive moves up and down.. all within a huge channels??? Go figure...

If you want any type of suggestion then I would say.. Trade bigger time frames - 1D or 1W charts - the smaller time frames can and will cause brain overload, and this is speaking onweek current and last week - Next week we may get a different view -

The cable will need to break above 1.7716 (Chikou Span Resistance Area) and below 1.7539 (Chikou Span Support) to confirm any one direction at this time. Sentiment is Bull however; with the heavy moves in direction it is hard to get a good firm ground on any swing trade positions, and trend trading is equally tough though there are some hourly trends within the view -

So what do we do? Look at bigger pictures - set your trades on a weekly strategy. I know it may be a little boring BUT it is safer than the hourly moves that we may be getting slaughtered in :)..

Good Luck Trading!

Sonic Swordfish?

2006-01-10T07:24:00.000-05:00

A couple of days ago - I mentioned a Blog that a collegue of mine has started called "Sonic Swordfish". He is a dynamic motivational speaker and writer and I was soooo pleased to see him jump online and join the ranks of the Blog community - I often sit at talk with David (David Wilson) and he inspires me without even thinking about it, he is truly a blessing and I would urge all of you who read this blog to take a moment at take a look at what he is doing - he truly makes you think and above all as Traders we all know that from time to time we need a little motivation! So check him out - see what he is doing, leave a comment or two, and my prayer is that we can all support his work as you all have supported mine over the past year. AND with that said... I want to personally thank each end every one of you who have sent me emails, and contacted me in regards to this Blog. When I finally realized that HUNT/FX is more than just technical work and "FX Stuff" I also realized that success is more than the ability to read charts and plot winning positions, but its also about the sharing of thought and experience. I Thank all of you for helping me get to that point.

Check Out SonicSwordfish! Have a brilliant week! Trade Like Never Before!!!

Can We Please Change The Channel!!

2006-01-10T06:21:00.000-05:00

Have you ever gone to a friends or relatives house and they were watching the ONE TV show that you absolutely hated the most, and in your mind you kept saying "Can we pleeeease change the channel ?" Of course you have! lol!! Well that is how I feel with the Cable and Euro right now -

On the able and in my last post I had forecasted or - identified the 1.7600 point as a good breaking point for continued upward momentum and we got above it, and climbed to 1.7700 for a 100 pip gain - not substantial but it got us in another "snafu" lol!!! Price is now stuck between .7600 and .7720 which makes fort some pretty choppy trading for the Trend Trader huh? The "Channel Surfer" may find himself or herself at home but me.. being a "Trendy" kind of guy I find it reeeeal frustrating! lol!! To say the least.. So I have been like a "Hermit Crab" over the last couple of days - But I can say that analysis has been fun -

So what do we do from here, sounds like a line that you use when your girlfriend wants to break up with you and YOU have not fully gotten over her.. But I think it is appropiate at this stage of the game huh? Let's start with the Cable and then look at the Euro -

Cable - I am going to look at 1D and 1H charts on this one.. And I will do the same with the Euro - . In the 1H view (Cable) the Kumis rather thin which actually points towards some channel trading conditions, and as of this writting we have a tight Kijun Sen/ Tenkan Sen cross that is "Bull" in nature.. but the way it looks you are going to need additional confirmation from the Chikou Span because of the "tightness" of the Kijun/ Tenkan cross, to solidify the cross, and we do have that. One good thing about the current condition of Ichimoku is that price is above the Kumo, the Tenkan/ Kijun cross is within the Kumo, Chikou span is above price - overall sentiment is shifting on the 1D chart to "Bull" so with all this said - I want to lean toward continued upward momentum or a Bull sentiment in the short term (D/W). For any major moves I would like to see a break above 1.7721 for a continued climb toward 1.7800 then on to 1.7900. I would like to see a confirmation of the 1.7900 with a crossing of the Tenkan Sen and Kijun Sen on the 1D chart as well - So Look for a break above 1.7721 first target 1.7800 with a second target of 1.7900.

Euro Dollar - 1.2056 - 1.2158 is the current channel - again great for the "Channel Surfer" horrible for the "Trendy". However there is hope! the Euro has positioned itself under a thin Kumo (thin cloud cover) on the 1H chart and a clearing of this Kumo would present support for an attempt at a breaking of 1.2158 where we could see continued upward momentum - on the 1D chart we actually have a Tenkan/ Kijun cross that I believe will give us higher target in the Euro - perhaps 1.2230 - 1.2280. Se we need to keep our eye on the break above 1.2158 -

All in all trading in this period seems a bit choppy - some very tight trading can be done with low equity allocation can be executed in this time until we get our breaks - but BE CAREFUL!! This would be a good time to tighten up your "Channel" trading.

Good Luck Trading!

Cable Trading or Cable TV?

2006-01-05T11:42:00.000-05:00

Cable Trading or Cable TV - Yesterday I plotted the course forthe cable and for it to be effective we needed a close above 1.7600 - well... we peeked above 1.7600 but then we quickly fell below it and stayed there. and we are still there. Big problem is that we are within a Kumo on the 1D chart - and in "no mans" land on the 1H chart - which makes execution almost "pipicide" in either time frames. In the cable we have a bear cross that is prevailing and NOW in the 1H chart we have a bear cross - BUT we are approaching a Kumo in this time frame as well.

Cable TV!!! lol!! it's best that this point we wait on the cable - It needs to be alittle more solid and if traded over the next couple of days - needs to be traded with caution - maybe demo or smaller lots - a clear break above 1.7600 is needed to confirm a climb higher and any positions on the up-and coming look to be slighly bearish.... again.. to many questions -

Good luck trading, be careful out there.

After The Holiday's And Back In The Mix!

2006-01-04T09:19:00.000-05:00

Yep - I am back! Lol!! The holiday's were a true blessing and afforded me the rest that I had been needing. Today is actually the first day that I have looked at the "Charts" and I am glad to see that the Euro and the Cable have decided to start moving again. The last time looked things were slwing down for the holiday season.. so I sat back and just watched ant had time to talk with those who I have been sharing with on a regular basis.

I like many of you have a nice - "Brand New" list of "New Years Resolutions", I like to look at them as goals - but for the sake of the "New Years" spirit I will call them resolutions -

One thing that I will be doing this year is breaking the Kumo Trader - seminar down into componets - teaching specific aspects and charateristics of the 5 lines that make up the Ichimoku system - giving the "learner" a deeper understanding of the system - each line building on the next. Another area that I will be working harder in is in mentoring - I am finding that the "one on one" approach is producing greater results - so I will be offering opportunities for mentoring - Both of these, the training and mentoring will be explained in greater detail in the coming days with the release of the HUNT/FX Official Website.

On a personal note.. I had the pleasure accessing and reading the Blog of a friend who is a Motivational Speaker and Youth Pastor at my place of worship - The Blog Titled SonicSwordfish is journal of his writtings - and if you want to truly be inspired you need to take a moment and check it out at http://sonicswordfish.blogspot.com . If you have been following this Blog (HUNT/FX) you know that I attribute all of my success to God - because without His hand I am tellin you - I would be absolutely lost!! Serious... SO check out SonicSwordfish and be blessed. I am thinking that he will also be offering a podcast in coming months - so if you need a word of motivation or encouragement - I assure you this will be the spot!

I can hear the rumble now - Some of you want to know what I think the pairs will do - and some of you do not care WHAT I think - LOL!!! but for those who care.. My sentiment for the Euro and Cable is continued "upward" momentum - Euro to at least 1.2149 - 1.2200 and Cable may climb its way to 1.7684 - 1.7746.

If I were trading I would put my weight on the Cable - the Cable is inside of a Kumo on the 1Day chart and we have fresh Tenkan/ Kijun cross showing a Bull scenario - Trading Cable you want to clear 1.7600 with a possible entry of 1.7615 stops below 1.7600 around 1.7550 .... which we can adjust based on Chikou Span recordings while the position matures - we will see - no more than 50 pips on the stop though - a dip could see us to 1.7478 -

It's turbulent out there - so be careful! Check out SonicSwordfish - and I will be "on it" this week so check back -

Happy Holidays!!

2005-12-20T19:34:00.000-05:00

Hello all - For all of you who actually "care" lol!! I want to say sorry for not being as active as usual - I have been covered in training and analysis over the last few days, not to mention the HOLIDAYS!!! I will be very "low key" over the next week or so... trading very little - studying.. but not executing much - I will rev back up after the New Year ;) the devine pleasure of being self-employed :) ... choose your own path, LOVE IT!!!

I do want to say thanks to all of you who have made the last few months of this year "Brilliant", and I want to let you know that your input, study and research has been HUGE!! I thank you all!

This year I will be offering a robust service offering to help some of you "hit the mark" for 2006 and I promise - the offering will be like no other :)!!!

Again - Thanks To All of You!!! and Happy Holidays!!!

Euro and Cable - Where To Go Next?

2005-12-15T07:13:00.000-05:00

Okay - we are at a crossroad right? The Euro and Cable seem to be "marking time" going in no true direction. So I think this is a good time to look at this from the clouds :)

Cable -

The cable is caught between 1.7743 and 1.7694. and it has been caught here for quite a few hours. If you are a tight range Trader or what I like to call a "Ranger" than this is your playing ground if you are a trend trader or what I like to cal "Trendy" you are shaking your head in disbelief! lol!! I am in club #2 the "Trendy". So lets look at the picture -

On the 1D chart we have a prevailing Tenkan/ Kijun cross within the Kumo pointing towards the bull camp - if you have been following this Blog you should have gained well over 150 pips in Cable over the last week or so if not more - but now we are in a crunch time - and after a conversation with a collegue this morning (early) he revelaed to me that US data was coming out today - I know.. this should have not been a suprise to me - but if you know me I rely havily on my analysis and try to block out anything that is not analysis - so it is good to have friends that do keep up with news reports and the such. Anyway... back to the Cable. 1. We have a prevailing cross reading bull on the 1D chart 2. the Chikou is well above price 3. Kijun is headed north - 4. Tenkan is headed north. All of this says - "north" - On the 1H chart you have "potential" Tenkan/ Kijun cross that will show bull - but we are caught witin the forementioned range.

Strategy - Do not trade, place two alarms 1. @ 1.7750 and 2. @ 1.7690 wait for your notification of these two and look for the Tenkan/ Kijun cross within the Kumo - confirming a climb- or if price falls look for the Tenkan and Kijun to both point downward - and make sure Chikou is below the 1.7690 alarm line - for downward momentum -

Right now we are just in a un-decided stste and this can be confirmed by how close the Tenkan and Kijun are - they are running almost side by side with and Chikou is running "through" price - So be still... wait for confirmations and move accordingly - If we fall look for 1.7636 or 1.7619 as targets. Climbing - look for 1.7910 our original major target -

Euro - Same stuff..

We are caught between 1.2034 and 1.2000 - We have a good outlook on the 1D for continued climbing BUT - (there is always a but huh?) the data release today has us in a pickle -

If you read the Cables forecast we are in similar drama here... I would suggest placing alarms at 1.2040 and 1.1995 and waiting for breaks above or below these levels - My preferred stance is bull - so stay positive bull - targets higher I would like to see 1.2089 and higher - escaping the 1D Kumo. Lower 1.1968 or even 1.1935...

So I am in hopes this helps -

Be careful out there!!!

My 100th Post

2005-12-15T07:10:00.000-05:00

I had to note this monumental moment!! This is my 100th Blog post here on Blogger.com. HUNT/FX has been read over 500 times and I am proud to say that it has bought me closer to the FX community than I could have ever imagined. I thank all of you who have emailed me and offered insight, support and confirmation! I can not past up this opportunity to thank God - My true vine and support system!!!

Continued Discussion - Chikou-Span

2005-12-14T10:23:00.000-05:00

The question has come up again about the Chikou -Span and how it relates to the Ichimoku system. This is a legitimate question - because to be honest for about the first six months of my mentorship I asked the questions about 10 times! lol!!! But what I am finding is - those who are looking at the Chikou-Span they have "Forest and Tree" syndrome, this is not at all bad - but it can actually slow down the progress of one truly becoming an efficient Ichimoku Kinko Hyo reader. Here is what I said earlier on the Oanda discussion boards -

The Chikou-Span has great importance just as you have said. The Chikou-Span is quite relevant to the overall picture. I think I have mentioned in earlier post and most certainly in training I try to stress the importance of looking at the Ichimoku system from a 3 dimensional perspective - thus multiple timeframes and of course how each line works with each other and ultimately how all five lines "tell the story" past, presnt and future of price. A ichimoku chart void of a Chikou-Span can be read - however it is like reading a book and pages are missing - You get a great idea of the story but there is "just something missing".

The Chikou reveals a lot of key elements to a successful analysis. the Chikou will give you a clear view of supports and resistance as you mentioned Lucky888... and with this information you can mentally as well as strategicaly manage and or execute your trades - all at the same time in the moment of execution the Chikou can either give you the "green light" or "red light" based on its position as it relates to price...

Anyway... I could go on and on, but the fact I am trying to drive home is "The Chikou is as imporatnt as the Tenkan-Sen if not more in some cases." I truly believe that the "myth" that the Chikou is "optional" dilutes the true understanding and the dynamics of the Ichimoku system as a whole.

Okay - now that is said ;)

The Chikou-Span is plotted 22 periods behind price - and because of this you have to see that when a support or resistance is hit by price - the Chikou also hits support and resistance and in a "nut-shell" "records" this movement - One has to be a visual trader to understand the true relevance of this recording. Because I am a visual Trader I draw tons of horizontal lines within my charts to plot areas of resistance and support - as simple as this may sound - one can accurately gauge opportunities by engaging this practice - thus targeting the good opportunities vs those that pose high levels of risk vs the ones that easily offer up profits.

With this understanding it is a critial element of visual record to see where price has indeed met a resistance or support and this is exactly what the Chikou does. Because the Chikou has a dual role - it is equally as important to note that when the Chikou traverses price rather it be from "bottom up" or "top down" one should start looking for other indicators within the system to determine the direction of price and or - trend.

In Kumo Trader: Reading and Understanding Ichimoku Kinko Hyo I talk in great detail about the Chikou-Span and with a visual understanding of the entire picture learners can gain value from understanding the relationship of the Chikou-Span vs price and or the other "4 lines of harmony".

Interesting Encounter - Worth Sharing!!!

2005-12-12T09:00:00.000-05:00

Last night my wife and I went to a local resturaunt and I had an interesting encounter. We sat down as we usually do and I met a gentleman who owned a financial planning institution, Wachovia Securities. This gentlemen - "Bo" absolutely blew me away with the knowledge he had of the financial markets and trading in particular. A 20 year veteran - he shared with me some key psycholgy "truths" that basicaly confirmed and agreed with a lot of what we have been hammering home here at HUNT/FX. But for the sake of the fact that we had a 1.5 hour conversation and the fact that I do not want to give you three pages to read - I will hit on one principal.

The Third Dimension -

Some time ago I encountered the question - Does "Intuition or Instinct" come into play when trading? I disagreed that these two factors come into play because both deal with emotion - and we as Traders know that emotion has no place in the marketplace. BUT I do agree that we as Traders have a learned sense of the market - and after my conversation last night, I call this sense - The Third Dimension - or Trading In The Third Dimension.

The Third Dimension is where the Trader is focused, and patient - they are not reacting to the market however; they are operating on a hieghtened level of sensitivity to it - targeting entry and exit points with percision, making sound decisions - protecting principal and living to trade another day. The Third Dimension is a "place in your mind" where your market knowledge, sensitivity, learned market behavior, and analysis all come together to create a "deeper insight" and understanding of the markets.

Almost like a professional athelete gets into "The Zone" - where he/ she blocks out distraction and digs deep and pulls out a mental level that allows them to compete at a professional level like never before. When the game is over - they return to the dimension that we live in and operate as "normal citizens" lol!!!

There is a "zone" in trading - and I call it The Third Dimension - where your experience and training, back testing, and analysis come together giving you a competitive edge over the competition - allowing you to leverage the market and become successful!!

Just a moment of clarity -

Euro Flash

2005-12-12T08:11:00.000-05:00

The bearish Dollar theme has been cranked up a notch thanks to a break above 1.1900 in [EUR/USD], traders widely reporting large CTA stops tripped as a consequence. These took trade quickly towards the high of 1.1931, US names the standout buyers after the break, (prime name, real money, and Investment bank), Far East names tipped for the initial demand from 1.1980-90. Some tip smart money fading strength bewteen 1.1920-30 though. However, with sights switching to towards the US trade data and an end to HIA linked support for the Usd, the emphasis remains on the Usd's downside. Thus we would anticipate further topside pressure, and bargain hunting into 1.1900. Good sized 1.1900 expiries may limit gains in the very short term.

Thanks GFT!!!

Kumo Trader Training Seminar Re-Cap Dec 10, 2005

2005-12-10T17:46:00.000-05:00

To sum it up... AWESOME!!! I had the pleasure to train with two highly motivated Traders one from Switzerland and one from the UK, Tristan and Bruno!! Heck, we never made it out of the HUNT/FX Lobby from the earlier posted Greet and Meet!

It was my first "full experience" in Breeze and I can tell you.. The class was awesome!!! I know you are wondering... What happend to 9:00pm est? Well I had sent out an invite for a meet and greet and Tristan and Bruno showed up - and both requested that I conduct class then - so we went for it!! full throttle!! The class itself lasted almost three hours! not 2 and I loved every second! We had the opportunity to share charts look at supports and resistance- potential trading opportunities and soo much more!!!

I was actually blown away myself!! If you have never experienced a Breeze online meeting you have to do it!

My personal feel is that eventhough I have constructed what I feel is a very powerful look at Ichimoku - there is still lots to cover in the live environment - one on one training amd mentoring is a must - so I will be offering this option.

If you are signed up for Kumo Trader: Reading and Understanding Ichimoku Kinko Hyo, you are in for a treat!! If you are not SHAME ON YOU!!! lol!!! Seriously - this seminar should be looked at by you and by all means you should consider signing up today!!!

Thanks Tristan and Bruno - the newest Kumo Traders!!

HUNT/FX Lobby: Saturday Meet and Greet

2005-12-09T19:30:00.000-05:00

Hello all - Rough week trading lol!!! I have not posted much however; I have been watching the market like never before! It kicked my butt on Monday and Tuesday - so I licked my wounds -

Never the less my focus has been on the up and coming Kumo Trader: Reading and Understanding Ichimoku Kinko Hyo. If you are a registered Prticipant you should have gotten an email to meet me in the Lobby of HUNT/FX to get to know your way around the Breeze environment. It will be in your best interest to attend - It will "knock the chill off" the room before the meeting later in the evening, morning, depending on your time zone.

Which brings me to this point - I am re-evaluating the offeing time for the Kumo Trader training - I intially offered (still offering) 9:0opm on a Saturday USA est. time hoping to meet the needs of various time zones - fact is I am wayyyy off in a lot of cases - so if you are interested and you are in Switzerland? Keep your eyes peeled and I will be publishing new times -

In the meantime - stay focused and capture the market! Look forward to meeting some of you on Saturday.

OH -

New Ministry Work -

http://www.rhemaconnect.com
http://www.closetministry.com

Thanks For All of the Support!!!!!

Euro Flash

2005-12-09T04:28:00.000-05:00

Despite the surprising extent of Thursday's stop chase in [EUR/USD], expectations of further upside pressure went unfulfilled. Rather the instigators of the run higher from the mid 1.17's, (Clearer and US Inv), were seen booking profits, and the rest of the market has shown little appetite for risk. Tight ranges have developed around the 1.1800 handle with a slight bullish bias encouraging day traders to buy weakness initially. Overall the major pivot for sentiment is set at 1.1900 with waning bullish appetite for the Greenback still the controlling influence for trade into the year end. Large stops mulled Thursday above 1.1850 remain untouched.

Thanks GFT :)

Euro Outlook

2005-12-08T12:25:00.000-05:00

I had a great conversation this morning with a collegue and we were at different ends of the candlestick (literally) as to the direction of the Cable and Euro for today and days to come. I advised him to do a detailed analysis of the two pairs and we could compare notes - his bias was firmly based on EMA data and mine Ichimoku of course. I am publishing here bcause I think it would be a good exercise for both of us as to a very important component of trading which is this-

If you have a system that you follow - follow it like its the only thing you have. I will explain why I say this later - first my analysis -

Euro -

Over the last week the Euro - if you have traded it has been very "choppy" to say the least - Ichimoku signals were vague and not very strong and if you are anything like me - I loss quite a few pips on a couple of trades that simply took me by absolute suprise. However; the Euro today has given me further insight as to its direction - I say "Put on your coats we are haded north!!!"

Why you ask? The Chikou - Span has traversed over price. Now - you may be thinking.. what about the Tenkan Sen and The Kijun? Both are in line to cross - but what has me convinced that we are haded north is a unique formation that warrants a strong supportive base and grounds for upward momentum. What will seal the fate of teh pair is a close above 1.1861 which will place the price above the Kijun Sen - which turns into a support and the Tenkan Sen will also be under the price - and all of this is on the 1D chart. Though the first target of this development will be modest @ 1.1901 - we also gain the advantage now of being in the footprint of the Kumo which will give added support - If this happens - we could see 1.2230. On the adverse - If the price runs dead into the Kumo and retreats south - then the Kumo wul provide support at 1.1850 for continued upward momentum.

Conclusion -

Buy above 1.1861 With a modest target of 1.1905 - stops below - 1.1800 "IF" we climb above this area - we can start eyeballing higher - WAY higher 1.2050 first target - then 1.2150 second target, 1.2230 third target -

However!!! Be aware that the 1W outlook contains a fresh Tenkan/ Kijun cross Chikou is below price ... so on the LONG term we are continued south... unless the coming weeks completely disregards Technicals -

What I would do...

Look for the confirmation above 1.1861 - be patient - take the modes target - close position - and await a confirmation above 1.1950... get in to the second target with realistic stops - to position for the third target - Upon reaching the third target start eyeballing a drop lower - to accomodate the 1W outlook - Trade Demo alongside your live trades - let the Demo run - while being watchful of the live trade.

Moved Into New Office - Refreshing!

2005-12-08T07:29:00.000-05:00

After much anticipation and eager waiting - I have finally been issued my Breeze Meeting Room!!! This is HUGE!! Trust Me.

After 3 weeks of training on the platform i am quickly discovering that I made the correct decison to use (Adobe) Macromedia Breeze to conduct training and mentoring programs. After carefully consideration - and after reviewing he content developed for the up-and coming training/ seminar Kumo Trader: Reading and Understanding Ichimoku Kinko Hyo, I realized that Breeze is actually the ONLY decision!!! Locked in space and now theres a address :). Welcome to HUNT/FX...

HUNT/FX Training Room

Therapy - Continued Upward Momentum?

2005-12-05T18:28:00.000-05:00

Why Therapy? Well you need therapy when you let a 100+ pip climb sneak by you and you only snag 25 of the pips...

Today early on I had a conversation with a team member and we both agreed that the Euro may fall to 1.1705 previous target. So I poised myself for the decline when indeed the pair inclined along with the Cable as well. I about fainted .. really...

I kick myself because I had a confirmed Tenkan/ Kijun cross on the 1H for continued upward momentum but I ignored it due to the position of the Kijun Sen (after a short rally). So now I sit in a really hazy position - with no trades active, looking at a risky Tenkan/ Kijun position. Anyway...

Just Therapy.. :)

Paper Airplanes and Parachutes

2005-12-05T16:33:00.000-05:00

What the heck right? Lol!!! This weekeend I was in Church - right Church and my Bishop delivered the most profound message and it absolutely made my head swim with thoughts. My Bishop, Bishop Victor L. Powell is more than just a Man of God to me - he is actually one of the biggest inspirations to me, as well as a "life mentor". He speaks life and he is truly concerned with the advancement of the Kingdom of God.. so you KNOW I am interested!!!

Okay to the point of this entry - Paper Airplanes and Parachutes, and what they have to do with trading - right? After the message was delivered.. well let me back up - On Friday I had written a post that I did not even publish on this blog because it just was not time to release it - and now I know why. I had written a post titled "Welcome to A New Way of Thinking". Then on Sunday Bishop talked about "Something New". He started off talking about the fact that many of us do not know the definiion of "new" including himself.. He talked about how often - we will say we want something "new" and in fact when we transition to the new - we are still trying to hold on to some of the "old" NEW - New, is NEW and has nothing to do with the old right - let me show you what I am talking about -

Isa 43:18 Remember ye not the former things, neither consider the things of old.
Isa 43:19 Behold, I will do a new thing; now it shall spring forth; shall ye not know it? I will even make a way in the wilderness, and rivers in the desert.

In this scripture Isaiah - 43:18-19 we get a clear understanding of "new" as in the eyes of God - Trust me I am going to tie this to your trading life in a second. As the scripture states "Remember ye NOT the former things - NEITHER consider the things of "old" - Now this is where I was lead to the heart of God for our lives... BEHOLD (or transition - or Never the less) I WILL do a "new" thing; it goes on.... then says I will EVEN make a way in the Wilderness and Rivers in the desert...

Now the part that struck me is the fact that God desires to do a new thing - as different as "A way in the wildernss" or "a stream in the desert"... Now I do not know about you - but I do not know of many streams in the desert or many "ways" in the wilderness -

So is the scripture saying that - the NEW thing that God wants to do is as different as night and day? or Apples and Oranges - Horeses and Mice... I could go on .. I am sure you get the point, right?

So does it not make sense that in our trading - that if we have had no result - and if the systems that we use "just aint workin" - would'nt it make sense to "scrap" what we are doing and to establish a "New" thing? I mean totally new - New time frames - new execution practices - New money management - a New Way of Thinking?

Sure it does - and when we do, we have to - have the discipline to stay away from the old. Okay - I know.. what does this have to do with Paper Airplanes and Parachutes? Good question!

This was just the first half of the mind blowing message. Bishop - a gifted man of God - has a "knack" for reading the scriptures and then taking the words being used and comparing them to the Greek meaning.. and if you have not been reading up-close and personal up til here - now is the time to put on your seatbelt and follow me...

Pro 29:18 Where there is no vision, the people perish....

Just that!!! Just that is absolutely "Life Changing" and in our cases - most of us traders - this one simple statement can be the seed to the success of your trading professsion - heres why...

As we see the word "Perish" is used - "Perish" comes from the Greek - "Para" the same place we get the word "Parachute".

par·a·chute <--- "funky color"
1. An apparatus used to retard free fall from an aircraft, consisting of a light, usually hemispherical canopy attached by cords to a harness and worn or stored folded until deployed in descent.
2. Any of various similar unpowered devices that are used for retarding free-speeding or free-falling motion.

Thanks Dictionary.com :)

So to Perish can mean - to "free fall" or to be "un-powered".

So - Without a vision - we may find ourselves "free falling" or having "no direction". Trading takes a great deal of vision - It takes a solid game plan - and without a solid game plan - we can actually turn our trading professions into a "parachute" - a free falling profession with no real direction.

I can remember when I was a child I absolutely LOVED Paper Airplanes - in fact I find myself making them now - to relieve stress, from time to time. But with every Paper Airplane I made I also desired to make a better plane - always evolving the last and getting the same results for the most part. But one day I was at a bookstore and I bought a book about Paper Airplanes. In this book I learned to make a New Paper Airplane - and guess what... I got the same result. I would toss the plane in the air and it would drift admist and with no real direction. Sometimes it would land on roof tops - sometimes it would land in trees - and sometimes in near by puddles.

Anyway.. back to this...

Though I bought a book and though I had a "new" Air Plane - It was still a "Paper Airplane".

When or IF you decide to change your trading strategy - do something new. I MEAN absolutely NEW!! if you are using 10 Min. charts - use 1 Hour charts! If you are seeking 10 pips a trade - start seeking 100!!! NEW!!! Now we can not "ball up" and throw away our professions like I did with Paper Airplanes but you can change your Mind about what you are doing in a dramatic way. You can write a game plan and stick to it, if you do not have one - and you can stop being a parachute - executing trades with no direction - or even worst a Paper Airplane with a majority of you trades landing in the trees or puddes -

Think about it .... Trading is about 80% mental.. so if you can dig deep and decide..

Today I Will Do A New Thing!!!

And actually do it .. I am almost certain that you will have greater success in your trading practice!!!

Thanks Bishop Victor L. Powell - for impacting me again!!!

5/13/62

2005-12-01T10:21:00.000-05:00

Today I was blessed to visit a website that I have followed for sometime now and find out that the owner Rob Booker has released a revised version of his eBook 5/13/62 - This Book will help you learn how to maximize your trading in a clear and easy to understand way. This is a must read!

Get the book now >>

Dead On The Money!

2005-11-29T08:44:00.000-05:00

I am "Cheezing" from ear to ear!! And by the way I was chatting with a friend this morning and they said "cheezing" to me and it made me laugh... so I thought I would describe my current condition as " Cheezing" lol!!!

I had posted my forecast first thing this morning and as of my writting (right now) both of my targets were hit with absolute percision. If you traded on yor demo account you should be well pleased - Traders who follow me like "bible" - then you added more gains to your account. I traded live on one of my smaller accouns and I also traded Demo heavy.

BUT now!!!! on the Euro we have a clearer picture - because there is about to be a Tenkan/ Kijun cross on the 1hr chart and the Chikou is in a traverse sequence across price confirming - so we may get another 50 pips out of the Euro easy - Cable is still materializing.

Look for 1.1709 for Euro and 1.7112 for cable here in coming sessions ;)

"Patience is the key to maintaining FX Trading success"

Trade Demos Today!

2005-11-29T06:52:00.000-05:00

The overall picture of the Cable and Euro today is very mixed and somewhat hard to read, comparing time frames of solid 1H and 1D with glance into the future at 30M. I have posted two possible scenarios for both the Euro and the Cable - however; the views have medium weight - I am not 100% convicted that the positions are "solid" so I will be trading them demo mode until I get a better pictue -

BE CAREFUL OUT THERE!!!!

Cable Forecast - Oanda Chellenge

2005-11-29T06:38:00.000-05:00

Entry @ 1.7240
Exit @ 1.7205
S/L @ 1.7280
T/P @ 1.7205

Position Notes

This is a mild risk position with a potential 32 pip gain and a 40 pip loss... Position confirmed by a Tenkan Sen/ Kijun Sen cross on the 30M chart - and the prevailing 68 pip Kumo. Watch this pair carefully - If we elevate to 1.7265 we may want to ignore our S/L and abort the position - at this point we would be above the Kumo with a potential "in Kumo" cross - between Tenkan and Kijun Sen. There is very little resistance between our entry and exit so profit taking should be easy if the route south is taken.

Euro Forecast - Oanada Challenge

2005-11-29T06:21:00.000-05:00

Entry @ 1.1812
Exit @ 1.1770
S/L @ 1.1840
T/P @ 1.1770

Position Notes

This is a mild risk position - time frames used to justify/ confirm position = 30M, 1H and 1D. A safe exit point is noted at 1.1791 however; the potential fo further gains can be noted on the 30M chart while price is snared within a 47 pip Kumo - with the bottom at 1.1790 (safe exit point) continuation to a Senkou A ridge can be noted at 1.1752/60 which gives room for our 1.1770 target. A Look at the 1D chart shows we are technically still in a downtrend in the big view however it may be loosing momentum noted by the cup formation produced by the Tenkan Sen on the 18th of November.

Euro/ Cable Challenge From Oanda Boards

2005-11-29T06:13:00.000-05:00

Yesterday I had posted a challenge on the Oanada boards. The Euro and the Cable had broken though the ceiling yesterday and gave up major directional gains north which gave the Ichimoku a very unique look. It, in it's current state is very hard to read because of the distances between the Tenkan Sen and Kijun Sen as they relate to the Kumo. In order to place a good position, one that you can be confident in there will have to be some time frame shifts and alot of forecasting involved.

The Challenge -

The challenge is to see - who can read the ichimoku in its current state and place accurate trades on the 1H charts of the Euro and Cable. I had promised that I would post my forecast here on my blog for those you who have interest to follow.

If you decide to place these trades I would recommend that you place them modestly within real accounts and definitely consider placing them in Game accounts. The playing field is a little muddy today but there is a window of opportunity for what I see to be a 80 - 100 pip win.

Kumo Trader Primer: Welcome To A New Way of Thinking

2005-11-27T07:42:00.000-05:00

Cheetahs are equipped with several special features that are crucial in successful and efficient hunting. Binocular vision is a very important asset since Cheetahs rely on sight to hunt as opposed to scent. The retinal fovea of the eye is of an elongated shape, giving a sharp wide-angle view. This aspect of the eye is also adapted for speed. The dark "tear marks" on the Cheetahs face reduce glare from the bright sun also and aid in excellent vision. The Cheetahs will perch upon a fallen tree or rocky ledge to scope out the surroundings and potential prey. The Cheetah is also a very vocal animal. With the ability to mimic the calls of some birds, by displaying a high pitched chirping sound. When a bird falls for this deceiving call it will also fall prey to the sly Cheetah.

The Cheetah is a carnivorous animal and a diurnal hunter, which means it hunts during the day usually early morning and late afternoon. Cheetahs are solitary hunters except when living in a coalition. When this is the case they will hunt in groups so that they can take down larger prey. Unlike the common misconception, the Cheetah will pick out animals that have strayed from the herd as a target, not necessarily the weak or old. After chasing down and catching the prey, the Cheetah suffocates larger animals with a bite to the jugular and holding for as long as 15-25 minutes. Smaller animals are killed with a quick bite to the head usually killing them instantly. By this time the Cheetah is so tired from the chase that it must wait for as long as a half hour before consuming its meal, and could not fend off other predators, who might want to steal the Cheetah’s dinner. The Cheetah’s resting heart rate is approximately 120-170 beats per minute, while it’s heart rate after a chase is 200-250 beats per minute. The Cheetah’s resting breaths vary from 20-30 per minute depending on whether the Cheetah is in direct sunlight or in the shade, after a chase the Cheetah’s breaths per minute are 150-200! When done resting the Cheetah will quickly eat, as they can not defend their food from other predators for this reason they will not bury the food and come back for another meal. Half of the Cheetah’s hunts are successful, the other half are hard life lessons.

When I was lead to read this one day, I could not fully understand why on Gods green earth He (God) - would have me reading about a cheetah when I was trying to learn how to trade FX. I was down major, I had lost approx. 5000.00 in trading equity, which for me at the time was devastation. The last thing I wanted to do is read about a Cheetah. But in reading about he Cheetah God had introduced me to a different way of thinking, and provided for me a foundation to build on that would become what I now call Kumo Trader - or "Cloud Trader".

In Kumo Trader: Reading and Understanding Ichimoku Kinko Hyo, we will "break down", and analyze the text that changed my perspective on trading forever. It introduced me to A New Way of Thinking and a successful trading methodology that turned me from trading "just to get by" to trading professionally.

Kumo Trader: Reading and Understanding Ichimoku Kinko Hyo - Update

2005-11-26T21:37:00.000-05:00

Just a quick update on the up and coming training/ seminar, Kumo Trader: Reading and Understanding Ichimoku Kinko Hyo.

Sessions scheduled for December 10th, 2005 are full. Team Stratus has been formed (December 10th participants) and there are positions still available for the December 17th session (Team Cirrus) as well as following dates. If you have any questions about the seminar or training please feel free to email me.

I am looking forward to the sessions. I have had the opportunity to work with a some of you who have secured your seats on a one on one basis and conduct some live trading and I have been sooo excited with the results. To see future attendees rack up 35 - 96 pips per day even BEFORE training absolutely makes me anticipate a tremendous result from the actual structured training.

If you have not signed up - I would encourage you to do so. What you will gain will eran your enrollment fees back in a mighty way!!

Thanks to all of you again and I look forward to wht is in store for you.

WWW.HUNTFX.COM

2005-11-26T07:20:00.000-05:00

New Icon, New Address, New Solutions.

Hello to all of you active HUNT/FX Readers. Over the last few months - following this blog has probably been an psychological battle for you. At first I gave daily commentaries on FX Market movements - then I began writting on topics that delt heavily with the psychology of trading from a different perspective - a spiritual one. And to really make a long story short - I have been all over the place.

To be honest when I started HUNT/FX I really just wanted a place where I could sit down at my computer and write about what I do on a day to day basis professional - with the hopes that one day someone would stroll along and read my jibberish and connect at some level - and maybe - someday - build up a little following of HUNT/FXer's who enjoyed learning as i cahllenged the FX market. Well some 408 profile views later - HUNT/FX has actually gotten a lot of readers and in fact it has actually populated the Google search in the area of Ichimoku Kinko Hyo and other topics - and I must say my little Blog has made me proud :)

So yesterday I registered the name of this growing seed - so now you do not have to find HUNT/FX at http://www.huntfx.blogspot.com anymore you can go straight to http://www.huntfx.com now.. how sweet is that? ;)

With the release of my new Training Series I have also had a new icon designed - the one you see at the top of this post. HUNT/FX is slowly become a resource of training - and how I plan to do it is definitely outside the box of traditional FX Market training. My training pieces will be 100% online and executed through the use of Macromedia Breeze, making training fun and accessible by the masses!!! I am pretty excited about that.

So over the next few days weeks and months - hopefully we will oook at this little blog in a whole new way - and Iam excited about the possibilities!!!

Thanks Sooooo Much for reading HUNT/FX and I will continue to try and bring you relevant information - in a down to earth way - that will launch you into trading excellence!

OH!!! Stay tuned for mentoring too!!!!

Patience.

2005-11-25T08:06:00.000-05:00

My dad always says "Don't Beat A Dead Horse Over The Head". I say - "You Gotta Make Sure He Is Dead, IF He is Supposed to Be" . I know I talk alot about patience - and I think I do it because I feel it is the one most critical prtions of any successful Traders arsenal of Trading skills. Yes I believe patience is a "skill".

Luk 8:15 But that on the good ground are they, which in an honest and good heart, having heard the word, keep it, and bring forth fruit with patience.

In this I saw something that absolutely blew me away. And for all of you who have been following this blog and not yet figured out that I am a Man of God - Not religious - But spiritual - You will have also figured out that a great deal of my Trading Strategy is built around biblical principals.

In Luke 8:15 we see that those who bring forth fruit or - lets make it personal - "pips" are those with a few characteristics -

1. Honest and Good Heart
2. Heard The Word
3. Keeping the Word
4. PATIENCE

Now I know what some of you are saying - and if you are not saying it you are probably confused as can be - lol!!! What does an Honest and Good Heart, and hearing the "Word" have to do with getting pips?

A Honest and Good Heart is one that is sound and of good report - Have you ever been trading and for one reason or another your "heart" is troubled. It could be a bad day at work - a circumstance between you and a loved one - or just plain old frustration. In any regard - if your Heart is not Honest - or in other words true - and steady and if it is not good - or - if you have an alt in your heart or offense, these things will show through your actions - and it is hard to make sound decisions with a heart in this state - You Heart Must Be Honest and Good -

Heard the Word - the Word of God is a sustaining force for your life - The Word of God will reveal to you the secrets of both the spiritual relm as well as the physical relm - and in whatever field you work - in many of our cases the FX market - there are keys and nuggets within the Word of God that are applicable to what we face daily - Read the Word - practice the Word and become the Word.

Keep the Word - By keeping the Word - you are telling God that you hear Him and that you are inline with His will for your life which is a life of health and prosperity - and thus an image of the Kingdom of God. Keeping the Word also deals with your ability to fall back on the word when your FX Psychology book just will not cut it -

Last But Not Least....

Patience - I am not sure why God keeps bringing me back here. It must be because some of you who read this blog lack patience in your trading still. Or maybe it is because some of you feel like if you are not Trading or let me say - executing a Trade then you are not working - for whatever reason here we are again :)

Patience is the single most powerful trait you can have when Trading. Patience gives you the ability to wait on the right moment and opportunity to execute a Trade in that exact moment that will keep you from having multiple stops hit and equity loss. Patience allows you to hold your position as it grows from 20 - 60+ pips without feeling an urgency to "jump ship". Patience will take you from a 10 - 20 pip per day result to a 50 - 100 pip per day result -

Patience Brings Forth Fruit -

Good Trading - and Continued Success!!!

Kumo Trader: Reading and Understanding Ichimoku Kinko Hyo: Course Overview

2005-11-21T09:14:00.000-05:00

Over the last few days - I have gotten a lot of request as to what the up-and-coming course Kumo Trader: Reading and Unerstanding Ichimoku Kinko Hyo will cover. So what better place to post this information right?

Welcome To A New Way Of Thinking

In this module we will be covering a lot. As one of the most critical componets of the training - Welcome To A New Way Of Thinking - will set the stage to how to approach Ichimoku Kinko Hyo. Not some "fly by night" get fast pip method, Ichimoku is much more intricate, and the five lines that make up the system should be approached in a very unique way. Partcipants will be introduced to looking at bigger time frames primarily 1 Hour, 1 Day, and 1 Week charts vs 30 min, 15 min and "faster" charts. In this module we will also confront the psychological pitalls of trading FX, and how to overcome them. FX is one of the most agressive markets in the trading arena - and Welcome To A New Way Of Thinking will provide tools and techniques that can be deployed to secure a strong and consistent trade regimen.

Hello Ichimoku

Hello Ichimoku - introduces participants to Ichimoku Kinko Hyo. In this segment of the training we will talk about what I like to call "the five lines of harmony". We will cover in depth the Tenkan Sen, Kijun Sen, Chikou San, Senkou Span A and B - and we will be looking at how each line works alone and along with the other lines that make of Ichimoku Kinko Hyo.

5 Lines of Harmony

In this portion of training we will overlap what we learned in Hello Ichimoku - re-enforcing the importance of understanding the purpose of each of the five lines, however; we will be adding an advanced apporach to identifying support, resistance, buy and sell signals along entry and exit strategies. 5 Lines of Harmony will also introduce the "Kumo" which is the "cloud" formed by the Senkou Span Lines A and B. We will be revealing unique characteristics of the Kumo above and beyond looking at it in a 1 dimensional way - vs - looking at it "wholeistic" way, and how it engages price movement, presenting buy and sell opportnuities.

The Kumo

In this portion we will overlap what we have learned in 5 Lines of Harmony, in the area of the Kumo - however we will take it deeper by looking at the Kumo at different speeds ie 1Day vs 30M and again vs 1W and how all of the time frames can and do effect entry and exit into the market. We will also look at how the Kumo can be used to determine the start and end of a trend.

Identifying and Confirming Price Direction

Which way are we headed? In Identifying and Confirming Price Direction we will start looking at the art of Trend Trading using the Ichimoku Kinko Hyo system. Very large as well as micro trends can quickly be identified and confiormed using Ichimoku - This section will cover this strategy revealing how 50 + pips can be seen and realized consistantly.

Risk Management

In Risk Management we will cover how you can use Ichimoku to set "realistic" risk parameters. From stop loss management to take profit goal setting this module will absolutely change and impact your trading stance.

Portfolio Management

Which currencies are you trading and why? In this module we will cover the 4 major currencies to trade with Ichimoku Kinko Hyo - We will not suggest that you do not trade other curencies - but we will reveal distinct advantages to some of the pairs and how they relate to Ichimoku Kinko Hyo.

Trade Execution

To Trade or Not To Trade - That is the question! Trade Execution covers the real side of trading FX. We will look at why 95% of the traders of FX fail and why 5% stay around to trade another day - and it can be as simple as Trade Execution.

Trade Management

You have studied your charts - all signals are go - you execute the trade - then what.... Trade Management talks about what happens once you have plotted what you believe the best possible position. The psychological battle that happens when you have pulled the trigger and price is not a perfect climb or dive. How to resist the urge to close the position at minimal pips.

Conclusion

In this module we will sum up what we have learned and open the platform for in-depth discussion.

If you have more questions. Please take a moment and email me and I will be glad to assist. Email me at: huntfxtrading@gmail.com

To Trade or Not To Trade, THAT IS The Question

2005-11-17T09:31:00.000-05:00

I was looking at my charts this morning at 6:00am as I usually do - and I could see no "clear" trades. I scanned the Euro and Cable, then my secondaries, Jappy and Siwissy. In the Euro - The Tenkan and the Kijun had met and "flatlined" which is NEVER a good signal - when this happens you will find that price is really unstable and reveals no real direction - . In the Cable the Tenkan and Kijun have not met - and we MIGHT get a surge up to 1.7208 - but that looks like all we can get - (for now)... So to sum it all up there is no clear view.

I began to think - while standing to the side, and I remembered something my Bishop - Bishop Victor L. Powell spoke to me about one day - He bought to my attention that when Jesus was in the earth - He was God in the earth - and that though He had the power to do all things - some things He just did NOT do - Because it was His choice. Many times when he could have preformed miracles beyond all understanding - the greatest understanding came from the act of just being still. For instance - for all the Bible readers - When in Nazareth Jesus could perform no miracles because of "how" the people "preceived" Him. I am not 100% convinced that He could not perform the miracles as I am convinced that the people could not receive the Glory of God because THEY did not believe.

Anyway - how does all this apply Vince? I wanna Trade!!!! Well look at it. You have the "power" to trade - but in some cases - it is better not to trade. See - at the end of the day it boils down to rather you end with a positive or negative balance for the day right? NO that was a trick question - lol!!! Fact is you can also end with an "equal" balance.

A wise Trader once told me - "Vince, sometimes NO position is the best position to take". This has proven true soooo many times. Days when I thought - okay I HAVE to trade today - and I make a decision out of what I "think" might happen - vs - what I am convinced WILL happen - I loose. Ending the day with a negative balance.

One of the biggest challenges a Trader might face is to KNOW when to trade or when not to Trade. My recommendation is that you get the mind of God. Know that you have the power to sieze the market - but have the Wisdom to know when to and when NOT to.

Be Careful Out There -

Find God, Accept Him Into Your Heart, And HE Will Give You The Market.

Many Thanks

2005-11-15T08:52:00.000-05:00

It's been a few days since my last posting - and to be honest I re-read my last post and I was kinda abrassive huh? I say that - as if someone told me I was abrassive - lol!! Fact is I have had two people that are close to me actually say -

"Vince" you were mad huh?

Well because of that - because a lot of times we do not see when we are acting out of character - and it takes true friends - people that you have put in charge in your life, to recognaize even the bad and ugly stuff about you, and then they have to tell you about you - so you can get it right, lol!!! Does that make sense?

So right off the cuff I want to apologize to my friends - because I should be contributing an example - and my last post was not a good example - it was me venting - and for that I am sorry.

Next Up - I got like 10 emails from people that I did not even know! And I got huge words of encouragement and most of them told me to push forward - and a few even signed up for the seminar/training - And to these people, the ones that have been following this blog, and who understand that my intentions are genuine - in a time when "genuine people" are rare I want to say THANKS! God has used all of you, to push me further into your destiny - get that? God is using YOU to push me into YOUR destiny!

See I understand that God puts people in the earth to carry out His work, and in this hour He is wanting to bless alot of you in a mighty way. I truly feel that the information that I have is not 100% for me - in fact - I think it is more for those who have an ear - the ones who understand how to seize the moment, and walk into the living Glory of God. I am just a piece of a bigger puzzle called YOUR life. I am honored and I look forward to working with you.

Kumo Trader: Update - Oanda Debate?

2005-11-11T07:53:00.000-05:00

This morning I am writting from a different vein - If you have been following this blog over the past week I had shifted gears after a experience I had when posting replies and questions to the Oanda community boards. Once I had actually started posting to the discussion forums, and not just reading. I had asked the question - "Who knows anything about Ichimoku Kinko Hyo, who would you like to share information?" something to that effect anyway, and the post (replies) started pouring in. After awhile of getting tons of questions and NO feedback that I could look at and actually analyze - I quickly began to realize that I had taken for granted that Traders "just knew" about Ichimoku.

Not the case at all.

In - fact out of maybe 7 people who replied NOBODY had even tried to use it before. Now this is where it gets real interesting. If you have been following my Blog for even 2 weeks you would know that I am a Professional Trader and a a Man of God. I am not into scamming people - and my goals - though they may be different than most - I have a genuine desire to help Traders be come better Traders from a wholeistic point of view. I learned (later of course) that it is MUCH better to help others than to always focus on helping yourself. Well in that same spirit - I decided that it may be in my interest to gather all of my notes and records on Ichimoku and compile them into a training seminar - thus the birth of - Kumo Trader...

I went back to the forum and offered those who were asking the questions the opportunity to sit in on an online training/ seminar - the one you see below this post - at a fee of 349.00USD - I am thinking okay - I have to invest 350.00USD to gain access to the plaform (Macromedia Breze) that I need to accomplish the task at hand - seeing that I have gotten request from as far as Switzerland - and this is a Per/ Week cost, plus I offered to send each participant a Logitech Web Cam and Microphone (approx 150.00USD per participant) so that they may fully engage me during the seminar - Then I contracted a collegue to design and deploy a Online registration form so that potential participants could easily sign up - another 1000.00USD. Then I lookd at my schedule and decided to dedicate every Saturday evening - a time that I usually relax and enjoy my life as a Trader - to the training and the response I goy was absolutely UNREAL!!!

Members of the community quickly started calling me a "scammer" - some went on to say that my only intent from the beginning was to sell THEM something and that my intentions are questionable - huh?

Lets do the math and apply some logic -

I Invested 1000.00USD for an online app to make things easy for sign up -

I am Investing 150.00USD /participant for hardware -

I am investing 350.00USD per week! to insure the training happens at cutting edge level -

I Invested 1200.00 to have the content compiled and arranged

So I am looking at:

150.00USD x 48 participants = 7200.00 in equipment

350.00USD x 12 weeks - software = 4200.00USD

Web App. Development = 1000.00

Content Development = 1200.00USD

Total? 13,600.00

I offerd at 349.00 per participant or 16,752.00USD

16,752.00USD - 13,600.00USD = 3,152.00USD profit -

hmmmm - So in a nutshell I would be profiting about 262.00USD per week to train 4 people a week for 12 weeks in an area that could allow THEM to make 1000,00.00 - 3,000.00USD per WEEK! Trading in an area that they are already practicing in? So I would be giving up all of my Saturday evenings for the next 12 WEEKS for 3,152.00USD? I am a scammer?... COME ON!!!

But what really throws me off is - even some of the individuals that I asked - "Would something like this benefit you, and would you be interested?" and they said YES!!! certainly - They are some of the main ones saying MY motives are wrong?

So that leads me here. The training still stands - I have invested into it's success and I still stand behind it - What I did find out though is, I was willing to invest into the success of others before they were willing to invest in themselves - which shows me another dimension as to why some FX Traders do not make it - and I never began to think that this would be an issue - I only assumed that EVERYONE knew that the only way you can move forward in life is to give back - and most definitely invest in yourself before you invest in any market.

I do want to thank those who have interacted with me on a positive level and I will continue to assist as I can - HUNT/FX stands and this blog will always be available - I will be modifying the seminar - maybe taking away some of the sessions limiting it down to a few - I will base this on the respons I get from here out - But I may need to scale back. My goal was to train 48 Traders I may have to limit it to half that if not less - we will see. By any and all means however; my goal remains the same - teach others how to read and understand Ichimoku Kinko Hyo.

Kumo Trader: Reading and Understanding Ichimoku Kinko Hyo - Sign Up!!!

2005-11-09T11:27:00.000-05:00

RESERVE YOUR SPACE NOW!!!

First of all I want to thank all of you who have contacted me to get involved in on what I feel will be one of the most dynamic training/ seminars that you will ever experience in your FX career.

I will be hosting a total of 12 sessions starting December 3, 2005 and running through March 4, 2006 excluding the holiday periods. Each session will maintain 4 seats for a total of 48 possible slots through this period.

The training/ seminar will be conducted on the Macromedia Breeze platform, and will be 100% online, so no matter where you are you will have the ability to attend.

I will be supplying each attendee with the needed web cam and microphone (included in registration cost) so you will be able to fully engage the material and have access to my desktop for demonstration purposes.

RESERVE YOUR SPACE NOW!!!

The training/ seminar will last for approx 120 min. and will cover the following topics.

1. Welcome to a new way of thinking
2. Hello Ichimoku
3. 5 lines of harmony
4. The Kumo
5. Identifying and confirming price direction (trend recognition)
6. Risk Management
7. Portfolio Management
8. Trade Execution
9. Trade Management
10. Conclusion - Discussion

The information will be centerd 100% on Ichimoku Kinko Hyo, and we will not indulge in other systems maximizing the time and insuring retention of the information.

Cost for the seminar is 349.00USD per registration - with a 100.00 non-refundable deposit to secure space and time, balance due 1 week prior to training date elected. Checks, Wire Transer, and Money Orders only. All checks must be cleared before training room access code authorization is provided

RESERVE YOUR SPACE NOW!!

You will receive:

qty 1 3 Ring Binder w/ Training Seminar Notes (mailed to your location)
qty 1 Logitech Web Cam (mailed to your location)
qty 1 Logitech Microphone Headset (mailed to your location)

qty 1 Macromdedia Breeze Authorization (sent via email)

Approx 120 Min. Instruction in the area of Ichimoku Kinko Hyo

I am anticipating, from the response that I have gotten so far, that space will go fast, so if you are truly interested in attending, please reserve your desired time in advance.

For more infomation please email me at huntfxtrading@gmail.com

Look forward to hearing from you!

Gain more infomation:

Macromedia Breeze

http://www.macromedia.com/software/breeze/

Logitech

http://www.logitech.com

Important: There is a 100.00 non-refundable deposit required to secure date and time request due to limited space. Upon application submission you will receive a communication via email with payment instructions.

Kumo Trader: Reading and Understanding Ichimoku Kinko Hyo

2005-11-08T11:41:00.000-05:00

Please stay tuned for information regarding my online seminar:

Kumo Trader: Reading and Understanding Ichimoku Kinko Hyo

"I promise, this seminar will absolutely transform how you look at the FX Market or any other market"

In Kumo Trader: Reading and Understanding Ichimoku Kinko Hyo, I will take a close look at this powerful system that is used throughout Trading Houses all over Japan. Ichimoku gives any Trader new or "seasoned vet" a trading edge like never before.

For advance information email me at:
huntfxtrading@gmail.com

The Art of Trend Trading: Part 3

2005-11-08T11:04:00.000-05:00

The last time I posted I gave a little food for thought on "Fear" and I am hoping that after reading the information - if you took the time to sift through my mis-spellings and bad grammar, that you were armed with enough information about "fear" that you decided in your mind that "fear" will not be part of your trading strategy ever again.

I promise this post will not be as long as my last in fact I am going to make it very short and sweet. After some time of really looking at what I am doing, and after the advise from other Traders I have decided to take my insight and put it in a structured format and release a seris of online seminars that will cover a lot of what I am talking about here, but most importantly reveal some of the principals behind trading using Ichimoku Kinko Hyo - a Japaneese trading system that I promise will transform the way you look at trading FOREVER. I have the name of the seminar - "Kumo Trader: Reading and Understanding Ichimoku Kinko Hyo". I will be posting more information on it a little later.

Today lets look at "Greed". When I first started trading a Trader, who was my senior told me that one of the greatest killers of a Trader is "greed". Not until about a month ago did I get the revelation on greed. Greed to ME was placing a position, and staying in geting all the position has to offer - EVEN if the trade is getting highly risky.

Greed has a lot to do with "risk" actually. For instance - lets say that you are trading the Euro and you are in a bear pattern. Lets say that you have been in a trade for two days and you are up 120 pips. Now here is where greed comes in - Let's say that the position swings up for a correction? Typically - because I used to do it to - You would close your position and assume a position to capture pips in the corection right? While this may give you gain - you are actually headed in an opposite diection of the "Prevailing Trend" which is very risky - all for the sake of potential gain. Do not get me wrong - FX is al about risk - but un-needed risk should be avoided.

Question: You are on a bus from Canada to Chicago, Chicago being your final destination, where a gentleman has agreed to give you 1,000,000.00 if you arrive on time. While on the trip a bus passes the bus you are on, the one that your on you are comfortable and about to take a nap, and the bus driver of the passing bus hollars out the window and says - I am on my way to Wisconsin!! Whoever jumps on will get 100.00 payable immediately!!! Fact is you are about 1/2 hour from Chicago. Do you jump on the bus to Wisconsin or do you stay on the bus you are on?

Hopefully you would stay on the bus you are on. If the bus stops, take a nap - wait for the bus to resume the route. Now - if the bus you are on breaks down, and you can never see yourself ever making it to Chicago - It would be very smart to get on the bus headed to Wisconsin.

The point here is - If at all possible do not trade against the prevailing trend. Think about it - How many times have you been in a successful trade headed in a direction, and you closed the position due to a correction and you jumped in for the opposite direction with no "true" signals or indicators that are "confirmed" - but "emotionally" the move seemed correct - only for the price to hit a strong resistance and dive back in eating up any profits and digging back into the prevailing trend causing loss? I have done it many times.

So Greed is more than just holding a position until your fate turns negative - But it also has a lot to do with taking risk based on emotion and the "possibility" of taking profit.

The Art of Trend Trading: Part 2

2005-11-04T09:13:00.000-05:00

In Part 1 I opened the door to what I feel like will be a new way of you looking at FX. I tried to talk about the importance of time frames and how you should prepare yourself to embark on one of the greatest challenges that you may face in your profesional life. I want to be to the point, and not talk alot about technical things and confuse the new Trader with a lot of terminology. What I do want to do is deliver information that will change your life forever, and giving you some of the secrets of Trading. Now keep in mind - I DO NOT HAVE A FINANCIAL BACKGROUND, I was as new to FX a few years ago as you may be right now, and through many hours of study - God given insight and a inner-drive that refused to fail - I tapped into a stream that I "believe can" change your financial picture dramtically and give you the resources to be a blessing to others -

So with that said-

Fear Has No Place in The FX Market

If you are at all human - I am sure that if you look back into your trading past and if you look at your current condition, you can add account to times where you saw a developing trade, and for one reason or another - the main reason being FEAR - you did not execute the trade only to see it climb or dive for 100 + pips. Or maybe you are the one that saw a developing trend, and as soon as you got in it took a dive for 10 pips, you jumped out, sat back in your chair and kicked your feet up in victory. FEAR!

FX is not a game of luck - It is a game of well calculated risk. In other words, you study your charts, you watch patterns, you receive signals, you see the next support and you see the resistance and you KNOW that the price is to drop or climb over 100 pips, but with all of this "assurance" and knowledge, you execute the trade and get out when the "pip meter" reads 10 pips? FEAR! The worst type of Fear is a fear of loss - this is the fear that when your trade goes from +15 to -30 in 1 hour makes you take the 30 pip loss and scratch your head in disbelief - only to return the next day to see your original T/P target hit 100 pips to the positive and the actual negative pip path was at -35 pips so if you had held on for 5 pips you would have netted the full value of your trade. Now I am not saying trade with wreckless abandon - but what I am saying is: Before you make a trade make sure that you have conducted a full analysis, ask yourself - "is this a good investment?" "Is the risk involved, worth the potential outcome?", when you figure these things out, you set up a Entry Limit Sell or a Entry Stop Buy Order and await the materialization of your trade, resist using a Market Sell or a Market Buy Order - these types of orders show a lack of planning and patience. NOW if your trade materializes and you miss your target entry - this usually happens under three circumstances -

1. You were not watching your monitor during the session and your study not complete
2. Your analysis/ study is not complete
3. Your analysis/ study is complete but you had not placed a Entry Order

If this be the case - start back at square 1. Review your charts, 2. Identify your opportunities and await the trade.

Many times as traders we feel like we should be trading all of the time - in other words - executing trades all the time, this is only because of our inner desire for the "thrill" of trading. If we are all honest - there is a "hold breath" excitement of pulling the trigger - watching the candles jump, and seeing a positive balance rather it is 10 pips or 3, the positive makes our hearts flutter like when you find your first love, when my wife reads this she will kill me, so for the record she still makes my heart flutter. But the serious truth is a lot of us find a excitement in pulling the "trade trigger". And the deeper working behind this emotional battleground exploits us understanding the "lifestyle of a Trader" -vs- our pre-programming as productive "employed" citizens. This exploit involves the idea that if we are doing nothing, we are not working. This defies all of the reasons why we have chosen this - high stress, high risk, high reward, deeply involved lifestyle that we have decided to take on. Much of your Trading time is watching the markets, conducting study - watching news and managing really good positions.

Fear Is Expensive

Fear is a parasite (did I spell that right?) it eats into your ability to make good decisions and then it minimizes decisions that you have made. Or in other words it keeps you from aggressively attacking a 100 pip opportunity and it turns an attack to a 10 pip gain - Fear is expensive.

So in closing I have to say - Fear has no place in the FX Market. Read your charts - stick to maybe one or two currencies and get in-tune with them - minimize your desire to look at 8 pairs and look at 2 pairs and become an expert on them - Execute trades that require managment, do not execute trades that will manage you (if you need more insight on that statement email me at huntfxtrading@gmail.com it's relevant). At all times remember - God has not given us a spirit of Fear, Fear is a tool used by the enemy to distract us and cause us to miss our destiny.

Book To Read -

You thought I was going to offer "Macrotradescamatics" or "From 100 - 100,000,000 in the FX Market" NOPE!!! Read: "Closet Ministry" by Bishop, Victor L .Powell, and learn how to develop a strong prayer life - a strong prayer life will allow God to impart into you the secrets and wisdom, most importantly patience that you need to challenge the market we are in. Find information at http://www.closetministry.com .

Loss Is Relative

2005-11-03T14:20:00.000-05:00

In my trading - one of the hardest lessons I had to learn is "loss is relative". When Trading I would and still do put on positions that if accomplished will bring great reward however if loss bring on great loss. This principal, or way of trading comes under much criticism and fire because at times it breaks all the rules of good money management. I may place my stop order 50 pips out and my limit at 100 pips, with low equity and the 50 pip loss would mount to a sizeable loss - while the 100 pip gain would increase my equity by almost double!

Doing this for the very first time was very scary - but after you have traded for awhile "fear" which is something I will talk about in greater detail in future post is an element that has absolutely NO place in a trading strategy - there is NO way to figure fear in - fear is not an option.

In the Bible - Luke 18:18, A ruler asked Jesus - how he can inherit the Kingdom of God? In a nutshell Jesus says - sell all you have and follow me. The Ruler who had tons of wealth was set back because he could not fathom loosing all of his "wordly" wealth to gain the Kingdom of God.

This is how many of us trade - we see a huge opportunity on a developed trend that can produce 100 - 200 pips, and after all of our analysis and thought the only thing we come up with is - Stop loss 10 pips above current price, and a 20 pip limit. With this we hit our stop 5 times over and over gaining NO ground in the direction of the trend but basically hitting the same stop over and over again -

What if we Set our stop 50 points off current price - and a 100 pip limit? Our "wordly" view of this is - "If I loose 50 pips I will be crushed" never taking into the consideration that maybe - just maybe the market will have to go against us 30 pips before diving aggessively into a 100 pip gain in our favor. Or what if you stop out 50 pips in the hole? Does the market stop and your equity never regained? NOPE - The market continues with or without you - and at 50 pips you should be able to re-evaluate your position - determine if you got caught in a reversal or not and make changes and get back in! Not revenge - but an intelligent decision to either get back in to resume the trend in place gatheriing your pips back or heading in the opposite direction to gain momentum in the reversal.

So - You must loose in-order to gain. No other Trading Guru wants to share this idea with you - but in most opportunities to seize something greater - you must loose what you find comfort in.

The Art of Trend Trading: Part 1

2005-11-03T10:23:00.000-05:00

It has been about six days since my last entry but I assure you that the information that I share with you over the next week or so will absolutely change the way you look at trading and the psychology thereof. After a year of training and keeping my ear to heaven, I have been given a revalation about the market that will cause tremendous growth and development in your Trading career.

I read a lot of Blogs and the overall theme of each blog and discussion is generally the same, and I admit - HUNT/FX has been the same til now, but things are about to change. Typically the blogs that I have read are playgrounds for the "budding" Trader to stroke his or her own ego - lick their own "trading wounds", or have a public pitty party over a spilled trade. The question, in it's simplicity is - "what does this do for you?" - The information hungry new Trader that is really looking for answers to some of the tough questions like -

1. How long do you hold a trade?
2. How much margin should be used on each trade?
3. What's up with stop loss and limit orders?
4. Does the 10 pip rule apply to every trade?
5. When does greed, actually become greed?

I could go on and on - because I too had, and sometimes still ask myself the same types of questions, but the big problem is this - there really is nowhere you can go and get a "straight-up" answer without getting bombarded with psychological warefare. I live by the idea that: you can not go to the crazy house and ask a crazy person a question about you being crazy ( crazy + crazy = crazy right?). In many of the discussion boards that I attend I often run across new Traders that are asking legit questions - but get absolutely useless answers - I believe - and this is just a belief - that Technical Traders are way to technical. Fact is the Currency Market has a fundemantal side that has to and does come into play - trend, price patterns, and ultimately the success of each and every one of your trades has underlying forces that if not properly managed can mean the diference between a highly successful Trade or a horrific trade - and if the truth be told the only way you can control the outcome is to control the #1 force working against you - "YOU". Until you realize that YOU are your #1 enemy all of your trades will be stress filled and full of doubt and uncertainty. Each and every trade you place should be full of certainty and confidence - in fact - if a trade goes against you it should be of absolute suprise to you - because the time invested in the right entry, the right stop/loss management , and overall execution should be carefully planned and orchestrated by YOU - as soon as you let the forces of the market control you and your decision making process - you become trapped in a cycle of trying to "scalp" the market, and acting like a "crumb snatcher" in a bakery where loaves of bread are abundant.

Each trade you enter - contrary to the teaching of many Day and Swing Traders - should produce anywhere from 50 - 100+ pips - NOW, I am not saying that all of your trades will result in this type of return, but what I am saying is: that in your mind you should be confident enough to reach for that goal. If through the course of the trade you see a reversal that you feel will elminate the 12 or 13 pips you have accumulated and send you into "reversal bliss" by ALL MEANS - GET OUT!!!! But if this is not the case - stay in - and control your trade to the target that you have pre-set.

Decide on What Kind of Trader You Are

So with that said you have to really decide on what kind of Trader you are. There are all kinds, but I am going to mention 3 - 1. Swing Trader 2. Day Trader 3. Trend Trader. When I mention these three - all are great Traders to be - IF you know which one you are, but switching between a Day Trader, and a Swing Trader can be psychological suicide! Today your forcus is the short trade (30min - 2hr's day trading) and later that day you wanna hold for 1 day (swing trade), adjusting your stop losses without "mentally" adjusting the risk factor in your mind - thus creating a great deal of uncertainty and stress. But like I said each type of Trading Style is absolutely GREAT!!! but I am going to talk heavily about Trend Trading, because I have found it to be one of the most "controlable" forms of trading, and definitely the least stressful. So if you are not interested in Trend Trading - the story stops here. Apply all that you have read so far to your trading psychology equipment bag and trade with confidennce and power. If you are interested in becoming a successful Trend Trader - read on.

I have said a lot - and I do not want to overload you, but I promise that if you follow along with this Blog and the information I am about to give you, you will start looking at your trading career differently and you will also start managing (not placing) highly successful trades that will increase your profit taking by leaps and bounds.

Success vs Failure: Failure Not an Option!

When I first started Forex I was instantly "hooked", the speed of the market, the liquidity and the ability to accumulate revenue with a great deal of freedom sold me on the idea that the world will continually trade currency rather I am trading it or not, and the idea that I can profit from this fact of life stunned me and simply blew me away. But what scared me about the adventure that I would be taking - was that about 97% of the "adventure filled, risk takers" that took on the forex challenge was swollowed up by the beast to never return.

Find God: He's in The Market, With You...

With that I prayed to God - and I was reminded that He promised me that He would give me the desires of my heart according to his will, and that His desire is that I prosper as my soul may prosper. So I asked God to guide me and give me insight on how to tame the beast. I put Trading in my heart by reading about it - and gathering all of the information I could gather, meditating on it and learning all I could. Fact was that my background had absolutely nothing to do with Trading currency, stocks or any other financial instrument for that matter. Fact is I was a Web Designer, by trade and business owner. So Forex was totally new - but the idea that only 3% of the individuals that got into the market made a successful career out of it - simply did not stick with me.

Pain Is Needed In Development

My first true experience with the market came when a private investor funded me with 5000.00USD to get started and after about 4 weeks of jumping in and out of the market I had liquidated the capital by about 80% and was totaly discouraged and almost gave up. But a small still vioce - which I know was God, encouaged me and ministered to me and let me know that He had to do that so I knew what loosing was like - and that what I had lost was small according to what He had in store. ON THAT DAY I could have become part of the 97%, but because I heard God - I was "encouraged" to be part of the 3%.

With that said - and before I close for today - I need you to do this. REALLY look at why you are exploring Forex, and make the reason part of you. Study Forex - find out what it is - and how the FX Market effects the world around you - And Most importantly seek your God - Take some time and pray and ask God if this is the path you should take - and if so, ask Him for the wisdom you will need to progress forward - Make up in your mind and heart that you will be part of the 3% .

I also need you to look back over charts - look back to when you first began, and instead of looking at 1Hour and 30Min charts look at 1Day and 1Week charts and look at the overall theme of each - look at the Euro from October 19th to the 26th - 300pips in 7 days? Find these periods of time and how the price moves - You will start to get a revelation on price movement and how your trading has probably been backwards - looking at time and price will change your perspective - and start to get you in the mindset I need you to be in to share the information at hand.

Until Tomorrow!

Read Your Signals, Manage Your Trades, Be Wise.

During this writting the maket gave 30 pips in the EUR/USD from a trend trade estblished at 9:00am est.

What Can I say?

2005-10-25T08:56:00.000-04:00

What Can I say?

The Euro has been incredibly choppy over the last few sessions - With expectation of bear play coming into view that quickly turned Bull - then flopping back to Bear - then to now - as I write extremly Bull? Go figure. All technical indicators are being ignored by the par and as of this writtiong we are climbing toward 1.2060 which gives us a slight indication of a Bull pattern being produced - It may be a wise choice to just observe the prevailing patterns and wait for a break out of the channel that we are in - a break would add to the stability of the market.

Play close stops and close limits - capturing medium sized positions (10 - 25 pips) over the next day or so -

Be careful out there -

Weekend Report EUR/USD 10/23/2005

2005-10-23T17:54:00.000-04:00

Weekend Report EUR/USD 10/23/2005

The Euro starts off right below the Kumo at 1H speeds and continues to knock at what is now resistance at 1.1948 - but if the pair can break below 1.1925 we may see our favored outlook for the pair come into realality -

I am staying sideline today and hopefully there will be a clear break by the New York Session - See you in the morning -

Read Your Signals. Trade Smart. Stay Focused.

Forecast EUR/USD, GBP/USD

2005-10-22T08:42:00.000-04:00

Forecast Euro, Cable - Week starting 10/23/2005

Last week the Euro and Cable performed with percision and in orderly fashion. Eventhough we had a couple of upsets and a confusing day Thursday - all in all the pairs followed suite with all Ichimoku indicators - not to many "out of line" movements within the pairs -

This week looks like we will have a very stable start unless something goes horribly "north" - because we are now in a Bear pattern that may carry Euro down to the .1900's and the Cable into the .7400 range.

EURO// 1.1954

The Euro is caught in an impressive Kumo at 1H speeds and just below the Kumo at 2H speeds - at 4H (cruising speed) we are in clear skies - with no real radar - so we will focus on the Tenkan/ Kijun crosses at 1H and 2H speeds - which gives us an indicator of donward momentum - With moderate resistance at 1.1954 - The pair will have to break at least 1.1970 to convince me that it is lifting higher and if this is the case we are in for a decent climb towards .1996 - and higher .2035 but I personally prefer the earlier Bear statement.

Trading the pair you will encounter some air pockets (support) at 1.1937, 1.1919, 1.1895, 1.1883 however; flight can be controlled down through these areas. Focus sights on 1.1895 for now with moderte caution - at 1H and 2H speeds.

Cable// 1.7682

Cable is a cruiser - I am convinced - Trading this pair will measure your stamina. Currentlt at 1.7682 and at 1H speeds dancing on top of a monster Kumo with a strong Tenkan/ Kijun relationship showing Bear - The pair should stab through and continue south -but its ability to "float" above the clouds is unreal - we will look at this though -

If the pair "negates" the Tenkan/ Kijun relationship at 1H and performs at the 2H and 4H speeds in a Bull Fashion - we may see a refelction in the Euro so we have to trade carefully - Lets say the pair follows 1H indicators (signals Tenkan and Kijun relationship) we will see the pair dive through a sizeable Kumo dropping us to the 1.7600 ange - which is the choice direction (because it will also add some confirmation to the Euro) -

Resistance is now at 1.7682, with air pockets at 1.7643, 1.7602, 1.7555, 1.7510, 1.7443.

SaxoBank Comments: http://www.saxobank.com
Saxo Bank prefers a climb within the EURO - so the viewpoint there is Bull? We will see -

Duetsche Bank
Duetsche Bank prefers Euro retesting the 1.1870 area? Conflict of directions? Again, we will see.

Major Reversal - Time to Re-Establish Position

2005-10-21T14:09:00.000-04:00

Euro Made a Major Reversal and Headed Back Down South.

Euro hit tops today early at 1.2042 and made a dive towards lower ground with Tenkan/ Kijun crosses confirmed at 1H and 2H speeds and still developing at 4H speeds - but solid. Now we are at 1.1940 with room for more downward momentum.

Do Not Fret.

Based on the fact that if you stopped trading around the same time I did - I usualy trade between set hours 7am est and 10am est - and after that time I get out of the market. Many times I have glanced at the market after I have quit trading for the day and find some big, huge monster move. It took some time for me to understand that the market moves allll the time, even when we are not trading it. You will NEVER catch every move or every position the market has to offer, but you can always be mindful of the shifts and re-establish your trading positions based on these moves. I am in belief that none of us (Traders) want to be tied to our computers 24 hours a day - so maximize the hours that you do trade and the hours you do not - DO NOT trade! Discipline is key to every successful Trader and you must manage your time like you manage your positions.

Read Your Signals. Trade Smart. Stay Focused.

Have a good weekend!!

Opportunity To Look Out For - EUR/USD

2005-10-21T09:26:00.000-04:00

Opportunity To Look Out For - EUR/USD

Pretty soon you will think I am partial to Euro - Fact is Euro is trending very well right now and you will find that if you trade Ichimoku for more than a month - that Trends Are Your Friends - The Euro - in its confused state followed a very well develped technical pattern and is still performing to task at 1H, 2H and 4H speeds. The Euro made a slight climb with Tenkan/ Kijun at 1H and ran into the bottom of a Kumo at 4H - The Kumo in question is about 24-25 pips deep and not very turbulent but very stubborn to say the least - It's not letting anything in and and if the pair can get in - the beast might not let the currency out - this is actually good - because 1. You can grab about 25 pips easy - and once through you there will be a good support to continue the climb and a great supporting argument for the Tenkan/ Kijun (bullish) at 4H speeds -

Heres the play - Confirm Kumo entry on the 1H chart at 1.2039/ 40 with fresh continuation - Ride the price to 1.2056 - with a stop at 1.2025 - just outside the Kumo - Put in a limit at 1.2078/ 80 - for a possible gain of 35/ 40 pips or - possible loss of only - 19/20 pips -

That's all I got on this one - comment on your results!

Read Your Signals. Trade Smart. Stay Focused.

Morning Forecast 10/21/2005

2005-10-21T07:13:00.000-04:00

Morning Forecast 10/21/2005

The landscape is quite confusing to say the least in many of the main pairs - Euro - looks to be going south vs the Dollar, as well as the Aussie, Cable, and New Zealand currency - However; there are no strong signals at speeds 1H and 2H - looking at 30M in the pairs shows some indication of signals being produced - The Cable - for instance - produced a Bear signal however the Tenkan and Kijun are in agreement heading north? Euro produced a strong Tenkan, Kijun cross well above the Kumo for a Bear scenario at 30M speeds - however; the pair shows a little strength in the forward or Bull stance with support at 1.1996 any relief we get may be at that point for the mighty Euro - I could go on an on with the scenarios but the conclusion is this -

Wait for the pairs to show positive signs and potential crosses is the coming hours - The New York session may just be an session of confirmation - try trading the Japanese or European sessions today - High risk is out there now, rather above or below the Kumo's - If you do do decide to trade play very tight stops and move with caution.

Good Luck Trading

Forecast Conclusion EUR/USD 10/20/2005

2005-10-20T20:39:00.000-04:00

Forecast Conclusion EUR/USD 10/20/2005

The Euro accomplished the forecasted goal of 1.2040/ 50 with "flying" colors - Now at speeds of 4H we are within another Kumo that if we can break it will ppropel us to higher hieghts - with very little Kumo resistance until we start traveling at 1D speeds and higher.

I am now in the favor of continued climb til we hit the 1.2100 area but I am going to stay sidelined until we hit the 1.2070 area to 1. insure clearance of the Kumo at 4H speeds - at which time I will see if we can climb to 1.2100 where I will re-evaluate the flight plan.

Forecast Update 10/20/2005 EUR/USD

2005-10-20T17:59:00.000-04:00

Forecast Update EUR/USD From 10/19/2005

The Euro maintained it's upward momenetum eventhough it experinced some turbulence within the Kumo at the 1.2000 level - however; even with the sideways movement and threat of a reversal we pushed through the Kumo at 1H speeds and hit our forementioned target at 1.2016/17 and at the the 2H speed, we are poking our head through yet another monster of a kumo. If we manage to get through the Kumo at 2H which is highly likely (based on the strength at 1H) We could see this pair climb to 1.2040/45 - possibly 1.2105.

Read Your Signals. Trade Smart. Stay Focused.

Forecast EUR/USD 10/19/2005

2005-10-19T06:54:00.000-04:00

Forecast EUR/USD

At 1H the Euro is within 28 pips of a relatively nice size Kumo that if entered may produce an additional 76 pips to the positive carrying the EURO to at least 1.2016/ 20.

Tenkan = 1.2053// Kijun = 1.2041// Senkou Span A = 1.1974// Senkou Span B = 1.1983// Chikou Span = 1.1996//.

With the Tenkan/ Kijun cross exposed in the 30M chart and the developing cross in the 1H chart, as trading volume increases in the New York session we may see this pair hit the forementioned 1.2016/ 20 area.

Daily Outlook 10/13/2005

2005-10-13T10:56:00.000-04:00

Daily Roundup: Pairs Traded: AUD/USD, EUR/USD, NZD/USD

Todays trading was very mind boggling - as it is sometimes but that is the life of a Trader right? The Tenkan and Kijun revealed clear crosses and a bearish scenario in all the Aussie, Euro, and Z - But early positions caused the pairs to hit my close stops (I usually place stops at 10 - 15 pips) causing me to substain loss early on - However; I was able to recover slightly - again living on to trade another day - Trade Results:

AUD/USD: -27// EUR/USD: +4// NZD/USD: -11// Total: -34//.

Good Luck Trading!

Mid-Week Outlook 10/12/2005

2005-10-12T11:24:00.000-04:00

Mid-Week Outlook 10/12/2005

Going into the middle of the week - looking at my start on Monday and my performance on Tuesday and now Wednesday, I am only 7 pips off of weekly target. My general goal is 10 - 25 pips a day only. I do not shoot for 100 pips day, I look for only "Safe Fruit" - a theory that I adopted from Rob Booker in his writtings about Possums and Chipmunks - where in brief, he talks about two types of Traders the Possums and the Chipmunks - Visit his site at http://www.robbooker.com to request the writting and you will be blessed.

Going into Thursday and Friday my goals remain the same - If I do not get 10 pips one day I do not try and make them up the next - I simply go for 10 - 25 pips, and whatever I end up with that day is what I setlle for. But ultimately the goal is to end up with a positive balance at the end of the week - 50+ pips -

Tomorrw 10/13/2005 I will be taking sometime and writting on my theories on the Tenkan/ Kijun relationship and time and hopefully I will shed some light on some things for you all in regads to entry and exit points and how to maximize your profit taking with little to no risk, i m talking about 10 - 15 pips max loss and 10 - 25 pips gain each and every trade.

Thanks For reading and Good Luck Trading!

Daily Roundup 10/12/2005

2005-10-12T11:10:00.000-04:00

Daily Roundup: Pairs Traded: AUD/USD, EUR/USD, GBP/USD

Today was a very easy trading day. After reading commentary first thing this morning, something that I have tried not to do - because I have found that reading Commenary and trading the Ichimoku system do not always go together. The Ichimoku will show you at a glance developing trends and formations, sometimes on a "micro" level - that in general are over-looked by most technical analyst, and my trading today reflected this "micr-management" comes in handy, But can also work against you if you are not careful. Trading results:

AUD/USD: - 24// EUR/USD: +11// GBP/USD: +13// Total = -1

Though today I closed in a negative stance - I have room to trade more agressively tomorow. One thing that I hav learned about the FX Market is that i is not good to rade "All" of the time - Set a time where you start and a time where you end and stick to it. Today was a good example of not "sticking to it" lol!!! Going into 10am my target end time I had -5 AUD/USD pips - refusing to be defeated in a single currency - (+13 Cable and +11 Euro) I traded another signal that dipped a substantial amount causing my -5 to quickly turn to - 24 (OUCH).

Tomorrow I will cover the Tenkan/ Kijun relationship and impart on ideas I have about trading speeds and times.

Thanks For looking and Good Luck Trading!!!

Daily Roundup 10/11/2005

2005-10-11T10:22:00.000-04:00

Daily Round Up: Pairs Traded: AUD/USD, EUR/USD, GBP/USD

Trading today was far less turbulent than yesterday, while the Tenkan/ Kijun relationship was restored, and trading was as usual. Todays Results:

AUD/USD +16// EUR/USD +4// GBP/USD +4// Total = +24//.

Daily Roundup 10/10/2005

2005-10-10T11:58:00.000-04:00

Daily Roundup 10/10/2005

Trading was very turbulent today. The at H1 speeds the crosses were very un-predictable while showing inclines, declines were un-avoidable. Todays results:

AUD/USD -22// EUR/USD +21// NZD/USD -9// USD/CHF -4// Total: -14//.

A Quick Relief for your PWS

2005-09-17T11:31:00.000-04:00

Yes, it's weekend again - no ticks, no pips, no trade session - and you're suffering from PWS (PIPS Withdrawal Syndrome). Click here for a quick cure of your weekend PWS - see posting: For Your PIPS Withdrawal Syndrome

You ALL enjoy your weekend!

The Ichimoku KISS!

2005-09-15T13:58:00.000-04:00

What a KISS - Keep It Simple System! Actually, it is more like Trading Forex Simplified or 4X Made Easy (Ooops! Aren't they selling that for a few thousand dollars! Ouch!). Someone told me, not to call it Forex for Dummies or Idiots coz I am using it and I am not that bad (yet). My version is called Kamikazee Trading - Live and In Color (more on this later). For short, allow me to just refer to it as Ichi.

Like I said previously, Ichi is an ALL-IN-ONE indicator. Mr. Luca describes it best in his article at T2W. He mentioned what seems like standard indicators to me, as follows:

1. MACD – yeah, sound like Big MACDo
2. Retracement/Extension – hmmm! kind of Mr. Fibonacci song and dance.
3. Support and Resistance – the calculations you have avoided on pivot points
4. Trend Line - remember it used to take you all night to draw those lines
5. Overbought/Oversold conditions – Divergence (not "the virgins"), divergence!
6. Signal Line – no need for arrow up/arrow down
7. Lagging Line – for something like 29 periods behind, it acts more like a Di Napoli's MACD predictor (would have cost you another couple of thousands), it’s amazing.
8. A breakout system at the same time – an easy way to determine your Buy Stop or Sell Stop orders. Kumo Traders take notice.
9. Volatility Index – WOW! Is that what it tells me?
10. Relative Strength Signal, and much more.

WOW! WOW! Bunch of indicators wrap-up into one mostly ignored Ichi. Now, imagine how your chart will look like with those 10 indicators, at least. It’s gonna be like the heavily populated Tokyo – crowded.

Now, where is my sushi, sashimi, and sake. While you’re at it brew me one super- sized Sapporro, make it ice cold, please. Turn on some Salsa music and I am set watching them pips build up via remote access from my jungle beach paradise. LOL!

I promise you I will make it much simpler than this. (to be continued)

Early Morning Report 09.14.2005

2005-09-14T07:09:00.000-04:00

Good Morning -

I am going to take a break this morning from writting about currencies as - how they are trading - I am going to take a moment and submit a fundemental toos that can be used to Understand Ichimoku Kinko Hyo in greater detail.

article

Good Luck Trading!

Oh My!!! I Will Never Take The Redeye Again!

2005-09-13T22:32:00.000-04:00

Bye, Bye, Redeye :)

Absolutely insightful - charming - brilliant -

EJ Cruiser delivered that sooooo well. I expected big things - but this is the work of a Giant. I could not have pulled it together better myself. EJ Cruiser or flight "bliss" whatever you wanna call him has basically re-defined FX Commentary in one day - and has given me a new fire! Thanks! Bunches!

As the majors start to decide if they want to be stealth flying under the clouds or passenger jets running high above the Kumo we are definitely geting some clear trends - That on the Day and H1 charts look like - well - robbery! lol! The Tenkan and Kijun-Sen are both healthy as ever delivering strong signals -

Manage Position -

The biggest down fall for any Trader - including us Kumo attendants - is GREED - make sure that you are entering trades - good trades with a target zone for entry and exit - Doing this will surely maximize the potential of the Ichimoku. I mentioned it before and I will 100 times - Ichimoku Kinko Hyo is like a Bonsai Tree - adjusting your stop-loss and limits through the course of a Trade will allow you to leverage each and every trade - increasing your win to loss ratio.

Until the early morning report -

Good Luck Trading!

FX Wrap Up - 9/12-13/2005

2005-09-13T20:29:00.000-04:00

The flights (trades) above (long) and below (short) the Kumo clouds, beginning at the opening of the Asian session last Sunday through about the NY martini lunch break yesterday, were smoother as expected. The FX market has started to give us a clear and longer navigational (trade trend) direction. In fact, at M5 yesterday, we took over 100 pips - details of the trades can be viewed at Adventures in Trading. However, this morning we ran into some turbulence (volatility) which gave us one good bump after another at the lower cruising speed (time frame). We’re lucky to survive it with net +23 pips.

As expected, today’s turbulence did not affect much of the flights at the higher cruising speed. On the 4 majors combined we’re at +147 pips

What a different trade commentary, huh! You all are probably saying “what the heck is Cruiser talking about, flights (trades), navigational direction (trend), turbulence (volatility), cruising speed (time frame), etc.”. Hehehe! Trading the Kumo clouds is such KISS that I just want to have some fun doing it.

Please post your comments to let me know what you think of this way of trade commentaries or if you would like me to do the usual trade shop talk with all the technical jargons of MACD, RSI, S&R, EMA, SMA, etc.. Honestly, I don’t know much about them. This is the main reason why I like the simplicity of Ichimoku Kinko Hyo. But, because of its name and for whatever other reasons, traders have ignored it and never paid attention to its power and potential. That may not be long though, as the Kumo traders will rise above and will be recognized.

I will be posting some market outlook information some time tonight or tomorrow.

On Board HUNTFX!

2005-09-13T09:09:00.000-04:00

WOW! I hope I can live up to that introduction. One thing for sure, Ichimoku is one indicator that I can feel very comfortable and confident trading on as a system by itself. Very profitable, I might say. It’s such a KISS – Keep It Simple System. There is no need to overload your charting with a bunch of other indicators. Although, I must admit I throw in a couple of others when I day trade. Yes, I even have options now, as a day trader and as a short term, swing trader. For those who have the patience and the bank roll, this “Kumo System” can serve well for long term trades on a daily chart.

I have the Ichimoku Kinko Hyo indicator loaded on the 4 major pairs, AUD/USD, and USD/CAD on M5, H1, and D1 charts.

OK, that should give you all some insight of my trading style. Later on, I will give you some wrap up review of today’s “Kamikazee” flight above and below the Kumo clouds.

Special Report: Welcome EJ Cruiser

2005-09-12T06:15:00.000-04:00

HUNT/FX Invites EJ Cruiser to the HUNT/FX Blog - Expect Some Interesting Things Now!

At the end of the week last week HUNT/FX was proud to receive a invite acceptance from EJ Cruiser, a developing Ichimoku Tech - that will be contributing to the HUNT/FX team blog!!

It is my hopes that his insight will give readers HUNT/FX Blog readers another view at the Ichimoku Kinko Hyo like never before! From what I have read so far from Cruiser he is definitely on fire! And excited about contributing to what some call a "pretty good" blog :)

Again I am excited and I can not wait to see what the coming days produce!

WELCOME EJ CRUISER!

Early Morning Report 09.12.2005

2005-09-12T05:55:00.000-04:00

Good Morning!

The end of the week last week proved to not only be a bit confusing but the across the board the pairs (majors) seemed to be grinding thier feet into the dirt to establish thier directions - Euro gave absolute "fits" for the most part before decoding to completely erase any ideas of the recent rally higher - while the Aussie followed suite bumping Aussie Bulls out of the picture to include myself - lol!!! With a good look at the picture today we see the following -

EUR/USD: CP 1.2318 - looks like it does not have a bottom on the one day chart first major support is at 1.2250 while the Chikou still hovers above the price - I am suggesting that this indicator should traverse the price in coming sessions -earlier than later. The Tenkansan has shown a channel for the last week so we should see the Kijun and tenkan making a contact as well in coming sessions. If you are trading the pair look to short it at this junction down to 1.2200 -

GBP/USD: CP 1.8257 - The Cable made a complete nose dive too - erasing its bullish stance and showing a hand towards the favor of Bears. 1.7845 sems to the only major support to this pair at this point - Now this can be both good and bad in the overall view of the Ichimoku - 1. It could mean the pair diving to oblivion - which is great for Bears or it could mean sideways trading for awhile - the pair has been firm in its directions when it finally chooses which way to go so - If you place a trade go short on this pair with tight stops to protect any upward swings that may come into play - but the current Ichimoku view is looking slightly Bearish on the 1 day -

JPY/USD: CP 109.80 - Jappy looks like it decided to wake up - while it climbs right now - we see major resistance at 110.12 however if we can edge to 110.35/ 40 we can start to ground ourselves for a climb to 111.20+

Reading The Clouds: The "Chikou"

2005-09-08T06:30:00.000-04:00

Reading The Clouds: The Chikou

Recently I have received emails in regards to the Chikou or Lagging Line, and what role it plays within the overall look at the Ichimoku chart. Before I begin I must say that reading the Ichimoku Kinko Hyo chart is more of an art than it is strict technical analysis. Technicians that choose to use the Ichimoku are probably visual traders and not mathematical genius. Reading Ichimoku deals highly with being in tune with the markets, extreme patience and a great deal of position management as a typical trade using the technique can revail over an extended period of time - due to the difference in time frames used. To understand the Ichimoku Kinko Hyo chart you have to have a glance at the origin of the technique and its originators to understands its fundementals in greater detail.

The Chikou or Lagging Line

This is one of the most important lines within the complete view of the Ichimoku, plotting the current close 26 periods in the past.

Why is this important? When the market is in an uptrend and the Chikou span too is in an uptrend then the strength is with the Buyers - and if the market is in a downtrend and the Chikou span is in a downtrend then the strength is with the Sellers -

A key signal that the Chikou produces is when the Chikou traverses the price - If the Chikou enters the price activity from the bottom up then this is a buy signal. If the Chikou span enters into the price from the top down then this is a sell signal.

If you are studying the Tenkan - Sen and the Kijun - Sen relationship you will find that trades made with their signals that are supported by the traversing of activity by the Chikou are stronger trades and generally produce 100 + Pips per trade.

This is a brief look at the Chikou, however; you should have gained a few very strong points -

The Chikou span plots price 26 periods into the past (past performance)
The traversing of the price activity and the Chikou produces a signal
The direction of the Chikou when supporting the current trend (Kijun Line) acts as a signal.

If you have more questions you can always email - 1 on 1 Ichimoku Training is available upon request.

Good Luck Trading.

Early Morning Report 09.08.2005

2005-09-08T06:04:00.000-04:00

Employment Data and Energy Markets are key factors in short term activity...

The markets gave very little as far as gain or loss overnight - the majors are ina sidways consolidation that may last for aportion of the day as we await Inventory numbers coming out of the US later on in the day, which may cause a quiet morning session.

EUR/USD: Found support at 1.2400 over night as we prepare for the pair to continue it's rally north toward 1.2500 + with 1.2480/90 as the swing level - Ichimoku shows the Tenkan in route to engage the Kijun from the bottom up in the short term (1hr) which gives us a signal of the upward climb. Positions can be secured for new longs at the 1.2400 base or upon the traverse of the Chikou and price.

GBP/USD: Cable dipped lower in overnight trading however; quickly rejected the down play and should now attack higher. The Tenkan is quickly closing in on the bottom of the Kijun supporting the idea that the pair is headed north in coming sessions - The Kumo is relevant at 1.8375 and as high as 1.8403 which will act as resistance in the short term - Positions can be secured early on or upon the entry into the Kumo -

Good Luck Trading.

Trade In The Clouds.

2005-09-07T16:30:00.000-04:00

Get The Facts @ http://www.collective2.com/go/kumotrader

Pay For Preformance Signals

2005-09-07T08:39:00.000-04:00

HUNT/FX Teams up with Collective2 to offer Pay For Performance Signals! Welcome: Kumo Trader

Effective 09.07.2005 HUNT/FX expands its capabilities to offer Premium - Pay For Performance Signals, by teaming up with the rapidly growing Collective2 team.

HUNT/FX will not stop delivering free intra-day signals and strategies, however; starting 09.07.2005 HUNT/FX will publish medium term Forex signals via the Collective2 website. The trading system which focuses on Ichimoku technicals has been "dubbed" Kumo Trader.

Instead of paying a monthly or quarterly premium for signals - subscribers only pay if the trades suggested are profitable! This is a win win situation. My hopes are that you visit the available signals and at least try them - you only pay if you win and the amount charged (495.00USD). Signals are targeted for serious traders and generally cover 3-4 days in duration.

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Good Luck Trading!

Disclaimer: Please take a moment to read the Risk Disclosure associated with this blog and all discalimers found on the Collective2 Website. Trade Signals delivered by HUNT/FX under the Kumo Trader platform are geared toward serious Traders trading full-size lots (100,000.00+).

Early Morning Report 09.07.2005

2005-09-07T06:20:00.000-04:00

Overnight Jappy showed weakness ahead of Sunday's elections - and some wonder is it justified...

EUR/USD: Currently the deciding factors of the Euros direction are 1.2450 and 1.2515 in the short term. Overnight the pair bounced through support levels and neatly returned almost un-changed. The test lower if the pair breaks lower is 1.2420/ 00 - short term traders should have their fingers crossed for a bounce higher - which would target 1.2590 -

GBP/USD: Overnight the cable teased the 1.8375 support however; edged bit higher. Support levels may stay intact for now with some risk of slippage a bit lower before we see the pair rally back to 1.8500 highs and even 1.8600. The cable may weaken against the EUR and the CHF.

USD/JPY: Jappy was a bit higher overnight on the general Jpy weakness as the pair touched 110.00 overnight. We may soon see a reversal at the 110.80 level and at that point we should focus on the downside target of 109.20.

USD/CHF: Swissy climbed higher overnight and is currently at 1.2386.

Good Luck Trading.

Risk Disclosure

2005-09-06T14:48:00.000-04:00

Please Read Carefully:

Trading foreign exchange on margin can and does carry a high level of risk, and may not be suitable for all investor types. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, as well as level of risk appetite. The possibility exists that you could sustain a loss equal to, 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 question before deciding to trade.

Mid Day Report 09.06.2005

2005-09-06T11:42:00.000-04:00

Today as a rather confusing day as pertaining to overall technical view with the ISM report he Euro charged higher during early trading and we took a stance to prepare for a continud climb toward recent highs. The actual outlook for consolidation began to play out toward the end of my trading period where I was able to acpture 5 pips and could have taken 10 - 15 with extened risk. The pair is currently suspended within the Kumo - and we may see a climb back toward 1.2515.

Cable showed strength ahaed of the ISM report and delivered marginal gains. however there was an encounter of a slight loss within the last two hours of the trading period.

Jappy showed strength throughout he trading period and I did not take action - gains were only projected within a 25 pip window.

Good Luck Trading.

Currency Flash: EUR/USD 09.06.2005 Update

2005-09-06T08:54:00.000-04:00

Euro pushed forward as predicted - which is somewhat argumentative to the actual view being given by the health of the Tenkan/ Kijun Sen relationship within this pair. The climb may be short lived however Kumo rules would suggest a futher climb to 1.2548? Any long positions taken - take with caution - but if you took advantage of the origianl flash you should hav easily took 10+ pips :)

Good Luck Trading -

Currency Flash: EUR/USD 09.06.2005

2005-09-06T08:33:00.000-04:00

Euro is within a Kumo and showing strength in a bullish pattern that may have it reaching a short term high of 1.2548. If traded - trade with caution -

Wireless HUNT/FX? SMS Signals? Yep.

2005-09-06T08:11:00.000-04:00

HUNT/FX is proud to announce its mobile platform - powered by Upoc! Simply follow the directions below to join this rapidly growing group and receive periodic SMS messages - which contain free signals and trading strategies! Its FREE to join and as a member you will be among the first to get hot off the press HUNT/FX information. Yeah.

Group Intro - "Mobile Press Release"

HUNTFXHUNT/FX UPOC is the mobile version of the rapidly growing FX Blog "HUNT/FX" published by Ichimoku Kinko Hyo Analyst Vincent Hunt. Daily signals and strategies within the major currency pairs are served daily.

It's a mobile text message group for your phone. Send JOIN HFX to the number below. To end, send QUIT HFX.

Verizon Wireless, AT&T, Boomerang: 8762 - Cingular Wireless: 8762 - T-Mobile: 8762

Or simply access the group @ http://upoc.com/group.jsp?group=hfx

Strategy: EUR/USD 09.06.2005

2005-09-06T07:20:00.000-04:00

The EUR is caught with a Kumo - current price 1.2483 and has made a staedy climb during morning trading (open NY). while there is a climb - all indicators are against it - while the Tenkan @ 1.2477 and the Kijun @ 1.2499 Chikou below price - all indicators showing a downward momentum -

While it may be tempting to play a Bullish hand it may be safer to favor a bearish scenario in the short term. To take full advantage to the current conditions -

Using the 1hr chart - Place a Entry Stop Sell Order (ESSO) in at 1.2455 which is below the current Kumo - upon ativation of the position - providing technicals are in our favor and the USD continues to gain some feet again - we should see the pair at 1.2430 within the coming session -

Good Luck Trading!

First Looks USD/JPY 09.06.2005

2005-09-06T07:13:00.000-04:00

Jappy has found re-newed strength and has made an impressive climb toward higher resistance levels - 109.80 may be breached in early trading while the price is caught well within a Kumo - Tenkan @ 109.4850/ Kijun @ 109.3050 and Chikou is above the price, and it should be noted that the Senkou pair (lines a & b) have crossed with a bullish tone - which all suggest a climb a bit higher before slowing down. Any positions taken within this pair should be engaged at 109.65/67 to obtain 10 - 20 pips before the pair or as the pair escapes the Kumo -

First Looks GBP/USD 09.06.2005

2005-09-06T07:05:00.000-04:00

The cable move primarily sideways in early trading sessions Asian/ London open with a slight dip into a 150 point Kumo touching 1.8375 before retreating out of the cloud headed higher - however this move may very well be short lived - Tekan @ 1.8409/ Kijun @ 1.8433/ Chikou is below price which suggest a move back into the Kumo. Technical target lower suggest 1.8349 and 1.8280 further out - Ichimoku technicals suggest that if this is going to happen it should be obtained (for optimum result) within the NY Session 1.8349 being the focal point.

First Looks EUR/USD 09.06.2005

2005-09-06T06:55:00.000-04:00

USD found relief against the EURO in overnight sessions as it dropped down below - the kumo within the 1hr chart (used to determine entry and exit points) however the pair bounced back into the kumo where it is finding support at 1.2457 making a drop lower a bit difficult - Tenkan is at 1.2477 while the Kijun is at 1.2499 - Chikou is below price which the combination of all three suggest that the price should fall a bit more before making an attempt higher. We may see some sideways movement through the coures of today - before we have a dip down to technical lows of 1.2430/ 20 as projected by Brian Hardy @ Saxo Bank

[CS] Signal: Short - GBP/USD 09.01.2005

2005-09-01T07:30:00.000-04:00

Trade Initiated @ 1.7845 - Current Position = 1.8105

The Cable completly negated any downside potential yesterday following suite with the Euro (as usual) changing the view to bullish and it looks strong in the coming days with the next target at 1.8350. Your max loss on this trade should have been 50 pips or according to your risk tolerance - the best route to take now is "due north", buying on the dips and holding position - 10 - 25 pips per position - until a clear signal is given.

Resistance = 1.8125/ 1.8209/ 1.8445 //. Support = 1.8025/ 1.1.7889/ 1.7737/ 1.7501//.

Good Luck Trading.

[CS] Signal: Short - EUR/USD 09.01.2005

2005-09-01T07:22:00.000-04:00

Tade Initiated @ 1.2250 - Current Position 1.2399

Without saying the Euro completely erased all gains in the bearish scenario. Stops were triggered at break even points across the board while some loss - however; if your stops were adjusted based on the last update you should have not encountered a major loss in you un-realized P&L.

As we look forward the EURO is in a definite upward swing - quite bullish and first stop comes in around 1.2485 high with slight dips along the way -

Resistance -

1.2406/ 1.2467/ 1.2636

Support -

1.2338/ 1.2237/ 1.2128/ 1.1959

Good Luck Trading.

[U] Signal: Short - GBP/USD 08.31.2005

2005-08-31T06:19:00.000-04:00

Trade Initiated @ 1.7845 - Current Position = 1.7840

The Cable is sharing the same fate as the EUR at this time however it is providing a clearer view on direction, with a little less friction in price. The pair is on a healthy downwrad momentum and should churn out at least 20 - 25 pips to the south -

Ichimoku is showing a slight cross in the 1hr chart - however the day chart is agressively position for continued downward momentum - The risk level for this trade will remain : Moderate, until further notice.

Good Luck Trading.

[U] Signal: Short - EUR/USD 08.31.2005

2005-08-31T06:10:00.000-04:00

Trade Initiated @ 1.2250 - Current Position = 1.2206

The EURO experienced a slight "spike" after my update of the position yesterday erasing a large portion of its downward gains due to the current energy situations - ie Oil - and there has been a slight panic in the markets due to uncertainty. Trading remained range bound for the remainder of the day within the pair while no technical stops were taken out - any profits taken so far should be colletced and positions adjusted accrodingly.

Strong data scheduled for later this week will determine the outcome of this position - limits should be adjusted to perhaps 1.2130. Risk level remains: Moderate.

Signal: Short - GBP/USD 8.30.2005

2005-08-30T07:24:00.000-04:00

Enter @ 1.7845 Exit @ 1.7800

Trade Execution Date: 08.30.2005 + // Trade Execution Type: Short Term [ST] // Risk Management: OCO = 50/100 // Caution: Moderate

Good Luck Trading.

[U] Signal: Short - EUR/USD 08.30.2005

2005-08-30T06:27:00.000-04:00

Trade Initiated @ 1.2250 - Current Position = 1.2189

The EUR, is pushing out the current short position with perfection. If you got in the trade at the execution price (1.2250) you should be well into a 60 pip position -

Adjust your stops accordingly - Short term target = 1.2130/ 20, it may prove wise to set your parameters at 1.2250 being your stop and 1.2130 as your limits at this point. Good chances are that you will hit your limit before any stops comeinto view at this point at which time pick the position back up at 1.2120/10 while evaluating the strength of the position. Updates will follow!

Good Luck Trading.

Run With The Bulls 2005

2005-08-29T18:46:00.000-04:00

Information coming soon...

[U] Signal: Short - EUR/USD 08.29.2005

2005-08-29T18:40:00.000-04:00

Trade Initiated @ 1.2250 - Current Position = 1.2229

A long time coming our EUR/USD pair finally decided on a direction today. The pair dropped rapidly in the NY session and found ground around 1.2212/ 30 and has "hovered" here for most of the evening hours... Our goal is still pegged at 1.2000 so we have some ways to go. If you have been looking at a hour chart to time your entry it is best to switch views to a Day chart to withstand the bumps in the road.

Good Luck Trading.

Strategy: EUR/USD 8.28.2005

2005-08-28T08:36:00.000-04:00

Looking at the last published signal wihin this pair and chronilogical events the picture can be a bit confusing. One could look at the tme frame that we are in and say that we are in good postion for the pair to make start its year end climb toward year end highs... but on the other hand we could be looking at a final dip to close the month out to start our climb from projected lows?

Poistions taken should be taken with great caution within this pair. The picture is a bit confusing and when things are confusing sometimes the best position is no position from a medium or long term perspective. Any positions taken between now and October should be looked at from a wider view than a Day to Day situation - maybe we need to be looking toward the climb - maybe the final dip.

Personally I am considering waiting on at last 2-3 Analysis reports and a little moe fundemenal support. The current target is still at 1.2250 and at this level we should see a definite direction - patienece is critical in the coming trading sessions -

Good Luck Trading.

EUR/USD Technical or Cinical?

2005-08-26T14:15:00.000-04:00

The EURO has proven to be quite a monster in the past trading week. Even after yesterdays psoitive outlook on it's return to a "bearish" stance, the pair once again took a run at higher levels against the US Dollar.

Technicals at this point are confusing to say the least and all positions should be approached with extreme caution and care.

We released an updated short position on yesterday afternoon - only to get in the path of a 60+ pip move to the north that triggered our stop loss at 50 pips - throwing us into a loosing position on the trade. Still confident that a break below 1.2250 will give way to continued momentum downward - however a break above 1.2330 that holds will open the door to further Bull development.

Have A Good Weekend!

[U] Signal: Short - EUR/USD 08.25.2005

2005-08-25T19:54:00.000-04:00

Enter @ 1.2285 Exit @ 1.2250

Trade Execution Date: 08.25.2005// Trade Execution Type: Short Term [ST]// Risk Management: OCO = 50/ 50// Caution: High//.

* Note: This is a short term position. Option to keep the position open at 1.2250 is a variable thet can be considered. Keep in mind that positions should not be carried into the weekend due to market risk factors.

Good Luck Trading.