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Wednesday, July 30, 2014

USDCAD Sell Recommendation July 30th 2014


Currency Pair: USDCAD

Timeframe: Daily Chart (D1)

Recommendation: Sell USDCAD @ 1.0895

Take Profit @ 1.0645

Stop Loss @ 1.0970

Saturday, July 26, 2014

EURJPY Buy Recommendation July 25th 2014


Currency Pair: EURJPY

Timeframe: Daily Chart (D1)

Recommendation: Buy EURJPY @ 136.75

Take Profit @ 142.50

Stop Loss @ 136.00

Thursday, July 24, 2014

NZDUSD Buy Recommendation July 24th 2014


Currency Pair: NZDUSD

Timeframe: Daily Chart (D1)

Recommendation: Buy NZDUSD @ 0.8585

Take Profit @ 0.8785

Stop Loss @ 0.8500

Monday, July 21, 2014

EURGBP Buy Recommendation July 22nd 2014


Currency Pair: EURGBP

Timeframe: Daily Chart (D1)

Recommendation: Buy EURGBP @ 0.7915

Take Profit @ 0.8175

Stop Loss @ 0.7865

Saturday, July 19, 2014

Trading Overview June 17th 2014 - July 18th 2014: 4,665 Pips Earned

I have completed my overview of forex trades which I recommended between June 17th and July 18th. I had a total of eleven trading recommendations which I published 100% free of charge and I always update you all on  every trade regardless if I earned money or it or f I lost money on it. In my previous trading updates I showed you how I earned 5,235 pips from my first 29 trading recommendations for 2014.

Update on three open trades from the previous update:

  1. June 10th 2014 - USDJPY Long @ 102.30, Exit @ 101.80 on June 25th; Loss of 50 pips
  2. June 14th 2014 - EURGBP Long @ 0.7980, Exit @ 0.8330 on June 25th; Profit of 50 pips
  3. June 15th 2014 - GBPCHF Short @ 1.5280, Exit @ 1.5150 on June 30th; Profit of 130 pips

Here is my forex trading overview for trades between June 17th and July 18th 2014:

  1. June 19th 2014 - NZDUSD Short @ 0.8730, Exit @ 0.8800 on July 8th; Loss of 70 pips
  2. June 24th 2014 - USDCAD Long @ 1.0745, Exit @ 1.0770 on July 16th; Profit of 25 pips
  3. June 25th 2014 - EURCAD Long @ 1.4620, Exit @ 1.4500 on July 3rd; Loss of 120 pips
  4. June 27th 2014 - Silver Short @ 21.00, Exit @ 20.70 on July 16th, Profit of 300 pips
  5. July 1st 2014 - EURNZD Long @ 1.5580, Exit @ 1.5430 on July 9th, Loss of 150 pips
  6. July 2nd 2014 - EURGBP Long @ 0.7975, Exit @ 0.7900 on July 16th; Loss of 75 pips
  7. July 8th 2014 - EURCHF Long @ 1.2155, Floating Trading Loss of 7 pips
  8. July 10th 2014 - EURJPY Long @ 137.50; Floating Trading Loss of 46 pips
  9. July 13th 2014 - Gold Short @ 1,338, Exit @ 1,293 on July 15th; Profit of 4,500 pips
  10. July 15th 2014 - NZDUSD Short @ 0.8800, Exit @ 0.8675 on July 17th; Profit of 125 pips
  11. July 16th 2014 - EURCAD Long @ 1.4520, Floating Trading Loss of 7 pips 

Total Profits: 4,665 pips, 14 Trades, 6 Profitable Trades, 5 Losses, 3 Open Trades

My total profits for 2014 rose to 9,900 pips. I operate this forex portfolio over at PaxForex and their tight spreads and execution speed allow me to earn more each time I trade.





Wednesday, July 16, 2014

EURCAD Buy Recommendation July 16th 2014


Currency Pair: EURCAD

Timeframe: Daily Chart (D1)

Recommendation: Buy EURCAD @ 1.4520

Take Profit @ 1.5200

Stop Loss @ 1.4450

Tuesday, July 15, 2014

NZDUSD Sell Recommendation July 15th 2014


Currency Pair: NZDUSD

Timeframe: Daily Chart (D1)

Recommendation: Sell NZDUSD @ 0.8800

Take Profit @ 0.8510

Stop Loss @ 0.8880

Sunday, July 13, 2014

Gold Sell Recommendation July 13th 2014

Gold Sell Recommendation July 13th 2014
Commodity: Gold

Timeframe: Daily Chart (D1)

Recommendation: Sell Gold @ 1,340

Take Profit @ 1,240

Stop Loss @ 1,400

Thursday, July 10, 2014

EURJPY Buy Recommendation July 10th 2014


Currency Pair: EURJPY

Timeframe: Daily Chart (D1)

Recommendation: Buy EURJPY @ 137.50

Take Profit @ 142.50

Stop Loss @ 136.00

Tuesday, July 8, 2014

EURCHF Buy Recommendation July 8th 2014


Currency Pair: EURCHF

Timeframe: Daily Chart (D1)

Recommendation: Buy EURCHF @ 1.2155

Take Profit @ 1.2255

Stop Loss @ 1.2100

Thursday, July 3, 2014

Wall Street Says Investors Have Nowhere Else To Go. Really?


Wall Street Says Investors Have Nowhere Else To Go. Really?

How many times have you heard a talking head on a business news channel say that stocks will continue to go higher because, thanks to the Fed’s zero-interest rate policy, stocks are the only game in town?  Stocks have been rallying brilliantly for more than five years with only a few temporary setbacks along the way.


Source: britefutures.com

How much of the rally in stocks is due to the Fed’s money-printing activities?  How do we know that the Fed has not created another asset bubble?  If so, is there another bubble ready to burst as the Fed winds down its quantitative easing program? Are there alternative investments to simply being long stocks? 

The answer is yes!  Now is the time when investors should be taking a hard look at their portfolio and make sure their investments are as diversified as possible.  After the S&P 500 rallied over 30% in 2013 and a number of high profile momentum stocks rallied even more, now is the perfect time to diversify.

We are not saying that investors should sell all of their stock investments and run for the hills.  What we are saying is that investors should be diversified among a mix of non-correlated investments.  In the 2008 bear market, it was said that all asset classes were correlated with the stock market as investors rushed to sell everything and anything in a rush to raise cash.  Real estate, gold and crude oil each fell with stocks as positions were liquidated.  However, investors who were long treasuries in 2008 benefited from a huge rally.  Some managed futures and automated trading programs also performed well in the 2008 bear market. 

So all asset classes were not positively correlated with the 2008 stock market crash after all!
What does it mean to be non-correlated?  Correlations range from -1 to +1 with zero indicating non-correlation.  If an investment’s correlation with the S&P 500 is close to -1; that means that its price moves inversely with the S&P 500.  According to Moore Research Center, Inc., 10-Year Treasury Note futures and S&P 500 futures have a correlation coefficient of -0.31.  The Dow Jones Industrial Average and the S&P 500 are nearly perfectly correlated at +0.98.  In order to achieve the best diversification and optimize a portfolios return, it is important to find an investment whose performance is non-correlated with other investments in a portfolio.  So-called “alternative investments” can offer non-correlated returns (with the S&P 500).

There are a number of alternative investments options, but not all of them are accessible to individual investors.  For example, timberland, rental properties or real estate investment trusts can be great investments, if you have enough cash or access to capital.  Risk tolerance is another key factor for investors.  If you cannot tolerate risk, your investment options are very limited.  Issues of liquidity and transparency are also a concern.  The point is that each investor is unique and what may be appropriate for one investor may not be the right fit for another.

An often overlooked diversification opportunity is managed futures and self-directed systematic trading.  These are two different categories of investments within the futures industry.  Like a mutual fund, managed futures are completely hands-off.  All trading decisions are made by the account manager.  Managed futures include:
  • Commodity Trading Advisor (CTA) accounts – individual futures accounts managed by a registered CTA.
  • Commodity Pool – commodity pools are often used by hedge funds and are managed by a registered Commodity Pool Operator (CPO).  A commodity pool is similar to a mutual fund in that investor funds are pooled with other investor funds in one account.
Self-directed systematic trading? That may sound contradictory, so let me explain. It is possible for individuals to follow the trade signals of automated trading systems in real time. Recent innovations in trade platforms and execution services have empowered investors that prefer to follow 3rd party trade signals with the ability to turn on or turn off the trade signal depending on perceived market conditions and with only a few clicks of the mouse. 

Although, I recommend turning a system on and letting it run with the expectation that drawdowns can and will occur with any system. Actively turning systems on and off introduces human emotion and can defeat the advantage of an objective and systematic approach. When selecting an automated trading system, maximum historical drawdowns should be noted, however that is no guarantee that a future drawdown will not exceed the prior maximum drawdown. 

With as little as $10,000, individual investors can choose a system and let the trading program do the work. Both managed futures and automated trading systems can eliminate human emotion and long hours in front of a computer, key barriers to success for most investors.

Just because a trading system performed well in 2008 does not mean that it performed poorly in 2013, or that it will perform well again in a similar environment. There are plenty of trading systems and strategies that can perform well at the same time the stock market is rising or falling. This is what we mean by choosing investments that are non-correlated. For most investors, this means choosing investments with performance that is independent of the performance of their primary investment in equities or fixed income securities.
About the Author: Mike Armbruster co-founded Altavest in 1997, (altavest.com) a licensed Introducing Broker, Commodity Trading Advisor and Commodity Pool Operator.  Altavest offers diversification opportunities via its proprietary ThetaTrader and iSystems trading platforms.  Altavest, in conjunction with its educational affiliate, FuturesANIMAL (www.futuresanimal.com), educates clients via live webinars and in-person seminars.  Altavest offers full-service trading advisors at discounted commission rates as well as managed account and automated trading services.

Risk Disclosure: © 2014 Altavest. There is a risk of loss in trading futures & options. Past performance may not be indicative of future results. Proprietary automated trading software cannot be resold.

Tuesday, July 1, 2014

EURGBP Buy Recommendation July 2nd 2014


Currency Pair: EURGBP

Timeframe: Daily Chart (D1)

Recommendation: Buy EURGBP @ 0.7975

Take Profit @ 0.8175

Stop Loss @ 0.7900

EURNZD Buy Recommendation July 1st 2014


Currency Pair: EURNZD

Timeframe: Daily Chart (D1)

Recommendation: Buy EURNZD @ 1.5580

Take Profit @ 1.6180

Stop Loss @ 1.5430