I have explained this method of trading and showed you 2 live examples.

It worked in the pound and looks good risk reward in the Yen and we gave 5 live ones a while ago and ALL made money just check our other articles.

That does not makes us geniuses we all have losses, but the ones we published live just so happened to go right.

What it does show is a simple system taken from the net for free can and does work.

It’s simple to understand, simple to apply, the logic is obvious and it makes money.

Anyone can use it it’s free.

Of course yo

The proof of the pudding is in the eating and the Pound is great profit.

Let’s look at the trade in more detail and another opportunity.

This report is written Friday 0202 AM CET

First things first

The system is simple ANYONE can understand it and best of all its free.

It’s a breakout system using support and resistance, Bollinger bands and the stochastic - that’s it and explained in other articles.

Simple but effective we love this method!

You can always look stupid when you do trade recommendations live but on this occasion in the Pound we have done well, but even if we had lost the logic was correct and we would have kept losses small.

Let’s walk through the trade. We have used IMM Futures contract but cash is same logic.

We are using the free charting service futuresource.com pull it up and lets walk through the trade.

At the start of the week look at the triple top.

That’s first line of resistance.

Now look at the pound and you will see it is trading in a range for the last few weeks.

Our view was to look for breakout (above recent highs) or continuation of range and hit whichever was first.

As prices moved down we waited for the stochastic momentum to show bearish divergence and when it did, went short – This is the confirmation.

Now its time to bank a great profit, as we are trading right at support at the recent double bottom and Bollinger band.

We wanted a short term pop to the downside and we got it, now we will wait for the dust to settle and look for a new opportunity.

Yen

The important think with our system is to let the market trigger our signals and not anticipate.

We think the yen could come down and were now trading up against resistance 8550.

We think this will hold and yen will decline.

Are we going to jump in? No.

Were going to wait for price momentum to weaken and CONFIRM the short.

Its time to use the stochastic again.

When the lines cross down with bearish divergence wethink the yen will resume its primary downtrend.

Until it does we will do nothing.

It’s Simple and its free

I have explained this method of trading and showed you 2 live examples.

It worked in the pound and looks good risk reward in the Yen and we gave 5 live ones a while ago and ALL made money just check our other articles.

That does not makes us geniuses we all have losses, but the ones we published live just so happened to go right.

What it does show is a simple system taken from the net for free can and does work.

It’s simple to understand, simple to apply, the logic is obvious and it makes money.

Anyone can use it it’s free.

Of course you

Simple but effective we love this method!

You can always look stupid when you do trade recommendations live but on this occasion in the Pound we have done well, but even if we had lost the logic was correct and we would have kept losses small.

Let’s walk through the trade. We have used IMM Futures contract but cash is same logic.

We are using the free charting service futuresource.com pull it up and lets walk through the trade.

At the start of the week look at the triple top.

That’s first line of resistance.

Now look at the pound and you will see it is trading in a range for the last few weeks.

Our view was to look for breakout (above recent highs) or continuation of range and hit whichever was first.

As prices moved down we waited for the stochastic momentum to show bearish divergence and when it did, went short – This is the confirmation.

Now its time to bank a great profit, as we are trading right at support at the recent double bottom and Bollinger band.

We wanted a short term pop to the downside and we got it, now we will wait for the dust to settle and look for a new opportunity.

Yen

The important think with our system is to let the market trigger our signals and not anticipate.

We think the yen could come down and were now trading up against resistance 8550.

We think this will hold and yen will decline.

Are we going to jump in? No.

Were going to wait for price momentum to weaken and CONFIRM the short.

Its time to use the stochastic again.

When the lines cross down with bearish divergence wethink the yen will resume its primary downtrend.

Until it does we will do nothing.

It’s Simple and its free

I have explained this method of trading and showed you 2 live examples.

It worked in the pound and looks good risk reward in the Yen and we gave 5 live ones a while ago and ALL made money just check our other articles.

That does not makes us geniuses we all have losses, but the ones we published live just so happened to go right.

What it does show is a simple system taken from the net for free can and does work.

It’s simple to understand, simple to apply, the logic is obvious and it makes money.

Anyone can use it it’s free.

Of course yo

Our view was to look for breakout (above recent highs) or continuation of range and hit whichever was first.

As prices moved down we waited for the stochastic momentum to show bearish divergence and when it did, went short – This is the confirmation.

Now its time to bank a great profit, as we are trading right at support at the recent double bottom and Bollinger band.

We wanted a short term pop to the downside and we got it, now we will wait for the dust to settle and look for a new opportunity.

Yen

The important think with our system is to let the market trigger our signals and not anticipate.

We think the yen could come down and were now trading up against resistance 8550.

We think this will hold and yen will decline.

Are we going to jump in? No.

Were going to wait for price momentum to weaken and CONFIRM the short.

Its time to use the stochastic again.

When the lines cross down with bearish divergence wethink the yen will resume its primary downtrend.

Until it does we will do nothing.

It’s Simple and its free

I have explained this method of trading and showed you 2 live examples.

It worked in the pound and looks good risk reward in the Yen and we gave 5 live ones a while ago and ALL made money just check our other articles.

That does not makes us geniuses we all have losses, but the ones we published live just so happened to go right.

What it does show is a simple system taken from the net for free can and does work.

It’s simple to understand, simple to apply, the logic is obvious and it makes money.

Anyone can use it it’s free.

Of course yo

Yen

The important think with our system is to let the market trigger our signals and not anticipate.

We think the yen could come down and were now trading up against resistance 8550.

We think this will hold and yen will decline.

Are we going to jump in? No.

Were going to wait for price momentum to weaken and CONFIRM the short.

Its time to use the stochastic again.

When the lines cross down with bearish divergence wethink the yen will resume its primary downtrend.

Until it does we will do nothing.

It’s Simple and its free

I have explained this method of trading and showed you 2 live examples.

It worked in the pound and looks good risk reward in the Yen and we gave 5 live ones a while ago and ALL made money just check our other articles.

That does not makes us geniuses we all have losses, but the ones we published live just so happened to go right.

What it does show is a simple system taken from the net for free can and does work.

It’s simple to understand, simple to apply, the logic is obvious and it makes money.

Anyone can use it it’s free.

Of course yo

I have explained this method of trading and showed you 2 live examples.

It worked in the pound and looks good risk reward in the Yen and we gave 5 live ones a while ago and ALL made money just check our other articles.

That does not makes us geniuses we all have losses, but the ones we published live just so happened to go right.

What it does show is a simple system taken from the net for free can and does work.

It’s simple to understand, simple to apply, the logic is obvious and it makes money.

Anyone can use it it’s free.

Of course you have to use judgment to pick the best set ups and apply it to the best trades however practice it and you will soon be spotting the set ups that can make big profits with low risk.