Archive for September, 2009
Press Release on ForexPros for FX Macro Trader
ForexPros just published a press release on FX Macro Trader and it contains a little bit of info about me (Kris Matthews) and the parent company, Paradigm Macro Trading Research. You can view the release at the following link:
(You may have to follow the “click here to read more” link if you are reading this from the front page of the blog)
FX Macro Trader is now live!
I’m just letting you know that the long awaited FX Macro Trader is finally available. Traders who have been with me long enough realize I made this to satisfy their needs by interacting with them on a personal basis. The course includes 5 full length video modules and 5 interviews with star traders from the hedge funds and banks, plus a slew of surprise bonuses.
Just one thing to keep in mind, a lot of people have been waiting for this and in order to give personal attention to those who sign up, I’m making this available only until the 24th (a week from today).
Find more information and sign up here.
Video: my dark history of becoming a trader and your questions answered
I realized I’ve been sending a lot of strategies and content about forex behavioral and fundamental trading but I never really introduced myself and my background. Here’s a chance for you to get to know Kris Matthews and also view my answers to your questions! After you get done you can view the next video which answers another set of FAQs here.
Video: Coming up with a profitable trading system
Understanding price action, looking for setups, and trading in the correct direction is not enough– you still need to account for changes in volatility in the market. In this video we cover how to make FX trades in different-volatility environments. It’s actually broken up into 2 sections because of the length so please view Part 2 underneath the first video.
Part 1
Part 2
Video: Spotting and Profiting from Imbalances
This is a brief, 9 min video on how to utilize information available in the market to spot fundamental and behavioral imbalances. Imbalances are key to discovering big moves before they happen. Once you identify an imbalance you look for clues that sentiment is shifting in the direction of the correction so that you can move with the market, not against it.
Video: Profit from behavioral flaws in the forex market
Here’s a video about spotting opportunities in the market due to behavioral patterns of traders and investors. One thing people forget to realize is that the market is made up of human beings, not computers, lines, charts, and economic data. No matter how smart the market participants are, they are still prone to behavioral errors in investment decisions and this video explains how to recognize when these errors show up and to profit from them. Please post your comments about the video if you wish.
Aussie strength questionable
source: Timingcharts.com
I read this interesting article in the Financial Times this morning. It may signify an imbalance in the Aussie Dollar (AUD).
Concerns over Aussie Dollar
Main factors suggesting a move, at least temporarily, to a short Aussie and long USD or JPY bias may be:
- Falling overseas demand
- CRB index diverging negatively against AUD
- AUD failed to strengthen on positive domestic data
Take a look at the article and judge for yourself what type of bias is sensible during this time, keeping in mind that markets may pick up after the US Labor Day holiday. Remember not to catch falling knives. If you believe in this theme, let it play out a bit first- you can still get in early.
