alright guys welcome back it's okay so it's 9:15 p.m. my time here in Shenzhen
and is 8:15 a.m. a New York City time 15 minutes to go today on December 7th for
the NFP and we've have a complete full room Nihao Jerry we have a full room
right now and we just had some technical difficulties so we're starting 15
minutes late now conference room members are you guys all
hear from forex watchers
okay yes yes take good all right now let's get this analysis started we
have 15 minutes to go onto this thing no rush take your time all that I could do
this nice and slowly no panic nothing all right we're gonna start with
euro-usd what do we know about euro USD what do we do first tell me that
daily chart okay let's take a look at the daily charts there we go daily chart
okay what do we know from the daily chart from yesterday's candle this is a
current this is a current candle that's running yesterday is kind of what does
that tell us it tells us it is short okay it's a heavy short okay remember
this is one of the biggest candles of the month that we have so far which
means the tales that it generates gives us a story the tale is not too big
indicating that the next candle is going to surpass it have we done the
surpassing have we respected the previous candle okay yes so it's telling
us it wants to short and it's already surpassed it okay so we don't know if
it's gonna continue further or not all we know it's it's short and it's already
done it's surpassing now let's go on to pound what do we know about pound
daily
chart
same thing okay we have a short we have no idea if it will continue short all we
know is that it is short and it has gone short will it continue further okay now
moving on CAD what do we know about cad do we have any information on CAD ok
range okay Kang and tech also correct no
information there okay is a sound off let me reset the sound one time just to
fix it for everyone one second who did not have sound should have sound now
okay the sound working for everybody why for a yes excellent excellent
all right so let's let's continue all right now u.s. dollar cad no information
here okay all we know it's in a range bound currently right now it has a nice
range coming in from last one all right going to Swiss franc daily charts what
do we have from yesterday's candle what do we know from this long okay we have a
long now what about respecting the previous
candle have we done that okay Joseph says same as euro long but Metsa
Joginder that is correct so it's a long we don't know if it's gonna continue
long or not based on what we see okay remember anything we do in the forex
market has to be based on what you see not what you hear what you hear can be
false but what you see can never be false remember that concept all right
Aussie dollar
what do we have on the daily chart
long and not meant okay here we go we have a indication for a long and the
long has not been made yet we have not surpassed the previous candle or at
least even reached the tip of the tail we haven't even gone past the the close
so this is a long and it's pending we have a long indication on all the dollar
let's take a look at the New Zealand dollar what do we have on the daily
charts what does this tell you on the daily chart same thing long and it's
still pending we still have to go along we haven't gone yet it's still pending
okay what about euro yen what do we know about euro yen on the daily chart
compared to yesterday's candle very big candle telling you it's short hasn't
gone short yes it's already gone short so the telling you is short and it's
already gone short so we don't know if it's gonna continue short or not so as
of right now the only information we have is Aussie dollar and New Zealand
dollar is pending for its long now today's scenario is a little bit weird
usually you'll have tons of pendings okay one day before the NFP you'll have
lots of movements a lot of a lot of times you'll have the biggest candles of
the month so far and it gives you a nice clear direction now today's scenario
gives you a nice clear direction on all the dollar a New Zealand dollar
technically we should just go along however New Zealand dollar for the last
three days has been going long euro USD the last release has not been going long
has been going short anti-correlation okay so a bit of caution there let's
take a look at today let's go on to one hour and let's get an idea the currently
the candles are going short on euro USD right let's take a look at New Zealand
dollar on the one hour okay markets are extremely sidelined
which mean it's having a hesitation to continue short with the rest of the
market it's holding and now it's pushing north okay so because we have this
anti-correlation movement usually we pick out our direction we're like okay
this is where we're going and it's done and we're always we're usually always
correct and in fact we're always corrected now in this particular
scenario we have a different case there are a top three possible outcomes from
this okay conference room members what are the three possible outcomes you can
get from this what can possibly happen in the market
okay conference room members are all the guys in yellow in the room
okay scenario one pairs a follow Aussie dollar New Zealand dollar okay so let's
say Aussie dollar New Zealand Dollars continues with North everything else
follows it that scenario number one scenario number two okay sunshine says
go short from here everything just dropped short and Aussie dollar and New
Zealand dollar never follow and then never respect the previous candle it
just continues to fall short what is scenario number three okay
scenario number three is what I'll be note is saying sing all Z dollar goes
long and then continue short with everyone else
now during the NFP we might have us have a spike that goes up respects the
previous candle and then continued short for the rest of the day in respect with
all the other pairs to get back into correlation now that could be another
possibility okay which which scenario is the least possible we're gonna do we're
gonna have to do it this way now that you have to pick out your odds now
because we don't have a clear answer we're gonna have to pick out our odds
which is the least possible
go short directly okay that one seems the least possible where we do not
actually respect all the dollar a New Zealand dollar and the market just
dropped continued to drop on all the pairs okay that is a scenario that does
not work okay that it's the least possible scenario that we're assuming
okay that gives us two scenarios remaining one is the markets continue
long because Aussie dollar and New Zealand dollar is still pending okay do
we have any indications for a long on a euro or pounds or anything nothing
really so far okay and then the next scenario was that we do go long but as a
short spike from the NFP but then we continue short for the rest of the day
okay now what sinner do you guys think it could possibly be between everybody
everyone can participate this one what scenario do you think it's possible do
we go long and then we're going short or are we headed long for the day go up and
then down long then short okay there's that scenario now we also have the
situation where Aussie dollar and New Zealand dollar can actually go long
while the other pairs do not go along because they have been in
anti-correlation lately okay why have they been in anti-correlation is due to
it's not a u.s. dollar movement okay long and then short
okay initial short then long okay now what what information do we know from
the past let's say the markets do go long or short what information do we
know after after the NFP is out what do we know
okay mmm Stace it will continue for the session yes Joseph that is correct now
and Martin that is also correct what happens is once the NFP settles down
that is your direction for the rest of the day it takes approximately 45
minutes maybe into an hour for the NFP to settle because a lot of the gamblers
come in and they trade if they might even come in a little bit later to see
okay maybe I'm gonna get in on it and then and then they settle so once the
market settles down it picks a direction 95% of the time it picks that direction
for the rest of the day okay and you will see if you're in that direction
you'll add an additional two hundred three hundred pips into your trading
batch so in this particular case now I see all Z dollar and New Zealand are so
first things first this trade is a risk I'm gonna tell you that right now
because we don't have a clear answer second thing we have anti-correlation 13
if you are conservative but you still want to get in on the action if you have
that itch to trade no problem wait for the NFB to settle once the NFB is
settled you have your direction you can wait for a small retracement and take
the direction okay so as of right now I'm gonna go ahead and take my trades
into a loan okay now NSP I'm sorry Aussie dollar on
the one hour chart let's take a look all right I'm gonna go along on euro USD I'm
gonna go along on all my pears I'm going long on okay this is not an execute for
me on time all right long on pound I am going with the scenario that the markets
respect all the dollar New Zealand Dollars and going short on CAD and Swiss
franc as they are correlating long ozzie and New Zealand
and long finally euro yen this is the only information we know technically
there's all the dollar New Zealand dollar have not met their previous
Kendall's respect you know they have not respected to pre the candles okay so one
minute to news release remember for those of you who are conservatives
that's fine you can wait till the news is finished
find out where the NSP has settled to and it can choose that direction for the
rest of the day okay let me open up the PNL so you guys can see the fluctuation
okay currently running at the 33 pips and
profit it does not mean it's gonna be in profit this whole time you don't know
how the energy goes fluctuating okay remember even today even at any time
since any any time we've done the NFP we've never watched the news we do it
based on what we see on the screen in today's case all we know is information
from Aussie dollar and New Zealand dollar so it's a little bit caution okay
US dollar Japanese yen went up like crazy okay
all right now there's a strong level here will it break I want to see that
yourself a little bit
yes right
okay CAD draw okay now here's another thing here's another scenario now take a
look at the size of the candle on CAD how big is the previous candle
it's very small right okay the current can US dollar cad candle is extremely
large previous candle is so small now for us to turn around and go north how
far does the current candle need to retrace to how do we know if it's and it
gonna be an exhaustion
to your entry at least very good skip basically you're close of this
particular candle has to go all the way up into this area to close within the
previous candle to give you a proper exhaustion or a trend continuation for a
long now a chances for something like that happening are slim because of how
big this candle is even if the candle closes here or wherever this yellow line
is anywhere from here all the way down is what we call a trend continuation
pattern the markets are going to continue short even into the next hour
ok let's take a look at town we have a short on town currently in place euro
USD also has a short of a dollar is still a short New Zealand dollar trying
to push north remember a mixed sentiment all over the place we're still in slight
profit due to some of the pears especially euro yen and cat excuse me
these are the pears that are pushing okay euro euro yen also very big candle
had very big candle all the other pears were not falling along has a very small
candle how easy is it for euro USD to turn around and go noise
okay very easy because it's near the previous candle okay it's not far away
from its near the previous candle so it's not a problem for you know pound or
euro USD or even Swiss franc so this prank all Swiss friend has to do is go
slightly lower into our entry area and there you have it you have an exhaustion
okay all the dollar pushing and pushing and pushing New Zealand dollar now
pushing looking a little bit harder euro yen are still looking good remember this
is only five minutes into the NSP even though we're in profit does not mean
we're still in profit yet NFP starts at 8:30 a.m. New York City time 15 minutes
before the gamblers getting there like okay I'm gonna place my orders because
otherwise a broker will not fill in my trades they place orders thinking that
this is where I want to go once the market moves people jump in on the trade
even more anticipating they're gonna continue with that direction then the
market actually swings to take these gamblers out during this whole process
they're still entering until the money is completely wiped out okay these
players coming in they're trying to scalp from this thing they're trying to
enter then they get burned then they enter again burn then the answer the
opposite way burned yes not some things living forgery so okay thanks alright so
by the time they're done exhausting their funds going in and out in and out
and then the larger players are the banks and the hedge funds they start
seeing that there is not much orders for us to take anymore then they settle down
and then the market resumes
okay so what what did the data actually see on the news is it good for US dollar
or bet for US dollar
okay good for US dollar right okay so euro yen is currently flying high US
dollar cad US dollar is getting weaker against the cad okay extremely not even
then by a little bit extremely if this is good news for the US dollar why is
cad why is cad suddenly getting so strong
against the dollar what did cad have to do with this okay remember always trade
what you see not what you hear
okay Oh George you're welcome and welcome to a room in fact even I had a
hard time getting into this room today maybe we need to announce it a little
bit less on our social networks and just to simply announce it on Urban Forex
alright as as we approach towards 10 p.m. my time on 9 a.m. New York City
time will start to understand where the market actually wants to settle and
which pairs are actually correlating and not for a lady oh I'm so sorry one of
you guys asked me about gold with the ticket cold so quick
it's um gold is not correlating Gold is expected to go short there you go folded
short
welcome module - we're also awesome
take care data is very good also ok how far will you go into long well let's see
if you actually picks the direction to go along euro USD that's gonna be the
direction for the rest of the day
Gold is correlating with pound today okay but take a look at gold the last few
days on December 6th gold goes sideways then goes long take a look at Euro USD
sideways then short they usually go together euro USD and gold this time
offers it okay it went with New Zealand dollar it went sideways and long okay
today's gold is up then down euro yen up then down but your en is headed up but
gold is headed down complete anti-correlation going along with gold
okay it is not working with the rest of the pairs why the one common thing in
all of our pairs is US dollar the strength coming in today in the last 24
hours is not coming in from the US dollar that
is not the main concerns there the another currency is become the main
concern whether it's on the news or it's inside the banks internally US dollar is
not important at the at the current moment something else is important why
what when who I don't care all I know is the US dollar is not the top dog today
this is the reason why we see anti-correlation
okay
shouldn't we suppose to go short with euro-usd you're talking about with gold
if gold goes short University goes short that way okay see now the trades are now
pushing into negative we went from 40 50 pips into positive and now we're down to
negative 20 yen is weakening okay possible from a psychological effects
from the earthquake okay remember one thing everything that you
see on the news and everything you see in the market from the news is
psychological it's not the decision of the big players major catastrophe in
Japan or hurricane sandy bankers do not get up from their underwears and put on
their shorts and be like okay sell three billion dollars or buy ten billion
dollars no they need to get authorization that takes time
Joseph can't hear me let me one more time turn off the mic and turn it back
on for those who can't hear me three or skwiggs today Wow okay just so
hopefully you can hear me now can everyone hear me yes why for a yes
please
okay great
all right so yeah so three earthquakes were earlier
is all in Japan all the reason Raj short any question just asked me um sure
should we stay long as of right now I'm still long I'm gonna let the market
settle let it do its thing even if it settles and I'm down 150 250 that's fine
let it settle let the dust settle okay Jimmy northern Japan okay Raj why did we
long eur/usd instead of short as shown on the chart okay let's go over this
really quick um you're a usb on the daily chart if you take a look the
previous candle is a strong short okay this big candle or this short has this
gives us an indication that the market is going to continue short how far short
it's gonna go beyond the tail because the tail is small indicates there's more
pressure coming in from the top so we've surpassed the tail so as far as today
we've it says short but it already has gone short will it continue short we
don't know all we know is on New Zealand dollar if you take a look at the daily
based on the previous candle it says we're going to go north but there is a
25% tail on that that indicates the mark is gonna go up at least up to the tail
or at least into the middle of the tail that is still pending we haven't done
that yet we need a push so basis on that we're taking everything along Aussie
dollar and both New Zealand dollar have this scenario okay remember large
candles there tell their tales tell a tale Joginder I'm up to fifteen hundred
pips from November 15th Wow very good very good okay feel welcome on
all right so now we are currently down 30 CAD extremely short no chance of CAD
recovering as of right now 14 minutes to go Swiss franc strongly long silt bring
a tail of tail down position with caution there all these dollar jumps
back down again New Zealand dollar st. tuition jump back down again it is now
at the bottom of the range recovering from the top to the bottom of the range
all day today will we cross euro yen pushing down even if the closes here or
even here it's still a long return continuation pattern for a long okay the
only way this can continue short is if this goes massively all the way down
very close to where we have entered if it goes till there then we have a
possible trend continuations for a short so then we're going with the trench this
big tail indicates there's a lot of pressure pushing it down as of right now
running at 11:15 egative still okay
take a look this even though euro yen is retracing we're not too far into
negative that means the other pairs that are negative are not really moving much
euro USD not moving like how still there I'll bring around 9:40 7 p.m. my time
8:47 a.m. New York City time ok now pop quiz pop quiz for all of you guys where
do you think the market is headed ok I've we've done the analysis we've done
the prediction now a pop quiz for those you guys were in the room knew for the
first time let's say the market continues long in our favor and it goes
till here two hours later we see the market up here what do you do
for the rest of the day
stay long good good good okay once the market settles that is the direction for
the rest of the day on NSP days okay now if the market continues short and it
goes down and it closes on you know down here and it starts to settle down there
what do you do
what time can mark it roughly settle so much take usually you can take a look at
your P&L you can understand by the speed of the movement of your P&L to find out
when there's less and less people active
getting skip that is correct you go short with the market probably continue
for yes okay now next thing during this entire process guys did at any one time
any of us panic or freak out or you know jump into
a by or into a cell we've gone in profit and loss maybe four times already now
okay do you see how you need to control your emotion and be very calm with this
even though the market is fast you need to be calm you should not trade on
moving data stick to your now so do your nozzle stick to your analysis and then
just wait if your analysis is wrong accepted it is wrong take a hit move on
but don't try to rectify your analysis on the spot that will do more damage
Chris yes it is like almost like having a hedge position at the current moment
because of CAD and Euro yen yes okay remember whatever the reason may be
where the CAD has a good news or you know the situation that's going on in
Japan we did not I did not turn on the news we did not listen to the numbers
nothing we made our decision before the NFP actually started so if you actually
look at things because all these things are you know the NFP numbers you know
they have to be revised they have to be you know filtered and then once they're
final then they go out and make it public
um I'm worried that that's absolutely correct if you like that that's what we
discussed earlier if you are a conservative trader on days like these
wait for the initial NFP swing to finish once the market settles take that
direction and stay for the rest of the day that is a safer way to to do it
Chris I would say we are short right I wouldn't say that quite yet cuz cat is
extremely short and it's gonna pull down Swiss franc because all the dollars push
it back up New Zealand dollar is bouncing off of its the bottom of its
range is once again euro yen is filled with long we have to wait and see we
still don't know
moreover and this is evident of Baxter yes it comes in from the past I actually
I didn't study this myself I was taught this so I'm just passing on the
information to you guys about this that once the NSP settled the market actually
stays in that direction for the rest of the day and based on this information
I've tried it in the past and it worked every time for me so I'm passing this
information on to you guys
okay hmm so when it's settled will you re-enter very good question
okay now for advanced members conference room members what do I do
conference room members what do I do once the market settled if it's in our
direction the way we've already chosen what do we do how do we I come back on
Monday and I know that you know we're gonna make profit and we have let's say
you know 300 400 pips on Monday but I'm not happy with four hundred pips I want
a thousand how do I make it a thousand
okay James correct Martin Martin correct but we're
Dennis also that's correct but we're
shri thank you thank you for the kind words
ahmud in two hours no it's not time related epic sniper at fullback two
previous eras for it - correct epic sniper okay the moment we are along
here's how you do it let me let me explain to you guys it's a little
advanced technique that we're gonna be going over for our conference room
members next week what happened is for example take a look at this area this is
a very strong support resistant area for CAD right now we've crossed way below
what one thing I want to tell you guys whenever you have a strong support and
resistance don't think that the market never will cross it just because it's a
resistance you know let's say this is a resistance here the market bounced here
and then it turned around can it break this resistance and if yes how what is
the factor to break this resistance Raj says news Simon correct big candle
strongly okay if you have a strong level of support and resistance the only way
to break it is through a big candle a strength in the market can break that
area now we have a big candle here right a very big candle under currently so
let's take it in a reverse I call a reverse engineering method big candle
here we've broken through that means several areas of the poor resistance one
is here there's another one here so let's say the market stops here panel
closes next candle opens up we going north somewhere around this area
okay now CAD is currently in 38 pips of profit once it goes here it might be in
like 10 or 15 pips of profit somewhere in this area can I take a short there
okay the answer is yes the reason why because if the market closes here from
here to here is a small candle okay it's not a big catalyst gonna be breaking
through it's gonna be a small panel that's gonna have a hard time crossing
through this area because there is some strong support resistance coming in from
the path that is your ideal area to add position and then there's a whole
different ballgame but it's once you add position you're in original positions
you can move it to break even or you can leave it the second position that you
enter you you can make the break-even point as you're soft
there are so many ways to do it to actually make your profit bit bigger
than your risk okay and that's the best one time when you can actually play with
the laws of business and you can have high low risk and high rewards in this
particular scenario but that's only because the factor of price analysis is
in your in your favor
okay Maura you're in the conference room don't worry about it you'll you'll
you'll learn to stuff coming Monday this money you learning okay
we're currently at 50 pips someone said gold
okay gold big retracement okay only in gold have I ever seen it like this
this is a massive move but okay that's good that's good at helping us out okay
cat is still strongly short pound is okay eur/usd nice exhaustion forming
okay looks like the market is getting ready to settle right all $2 nice
exhaustion trend continuation pattern New Zealand dollar same scenario looking
to cross will we cross once New Zealand dollar crosses consider the dust settled
euro yen still long and things are looking good now you have a you have a
decent direction trades running at 65 tips you're a happy camper
the dose is pretty much settled look at the speed of the market we're running at
64 pips 63 okay we're only going up a tip or two
but we have seven pairs running
okay a Bichette gold is still looking bearish when is the next event to dennis
uh i tried to do events as much as possible unfortunately i've been
extremely busy lately so I've been doing only NFP from sorry for all of you
Orbitz for its members I'm gonna really as soon as the internship recording and
all the stuff free up some time from me I will come back and do a lot more
webinars with you guys like I used to do like almost weekly so don't worry we
will be back for all of that stuff so I hope all of you guys that urban ports
are enjoying their stay there everyone I've been noticing there's a big
increase in a lot of people posting they're contributing they're sharing
their analysis and helping other people out which is excellent that is the
vision that I've had for urban Forex to make sure people help each other out
with information that they have so there's recording and I mean it's
already been recorded right now it's I just need to do a quick edit because I
have to put the previous recording and this recording together and we're gonna
put that all together and put it up online
maybe Monday let's say one day Tuesday Monday Tuesday's just follow us on
YouTube it's youtube.com forward slash urban Forex and you'll be able to get an
alert whenever this video is available
a to sushi yes um there was the previous NFP is also on my hard drive I have it
available unfortunately the whole video has no audio because I didn't have
remember how we have two accounts today I didn't have that at that time and we
missed out on the audio and so it's really tough for me to go back and re
explain whatever I possibly said but we also on that day we we took the trades
we went up all the way for several hundred pips also on that day so okay
hope today was very insightful for all of you guys selling yes the market stays
long as of right now it looks like it's gonna stay long it looks like the dust
has settled tell you what I'm going to leave these trades running and for those
of you who ever want on urban Forex just check with me on Monday and ask me for
if I have a snapshot of this trade and maybe I'll post an icky picture on on
urban Forex for you guys Chris I I do not use stop losses at all and actually
one of my videos will explain that like pro trading strategy will explain why
don't you stop losses and how I use money management to use as a substitute
to a stop loss
okay Dennis if the market settled down they will continue to Monday and then
Monday you can close out your trades
Kang how to correctly draw the Blue Zone the Blue Zone is something that I have
not shared yet I mean I'm told training people in the conference room to work
with that it's just a massive amount of support and resistance so it takes a
little bit of training to understand that like I said I still haven't seen
even my conference room members pick it up yet but it takes it takes some time
it's it's nothing but support and resistance that's all thank you sunshine
thank you okay I hope you guys have all enjoyed it with one more announcement I
have is that the Forex Watchers conference room is ending now by the end
of December the conference room will end and the training will stop all the
training recordings that I have done will be available to all members on
Forex Watchers so those of you who want to join can take advantage of joining
now because I think I believe in January the prices will rise once again as far
as ivory but contact me or contact Samara you guys wanna you know ask if
there's coupons or discounts available you can just simply go to for it
swatches calm and info wait for it swatches calm is how you can get in
touch with Sameera she's very friendly she'll help you out so what does the
subscription or does the substitution after after January okay host January
you have access to all the recording the next big thing we're doing is we're
making interactive what do you call it material for example I'm gonna be
recording all of this stuff just the screen okay and once the screen is
recorded I'm gonna actually place some trades but
once you do it on your end on Forex watchers it's gonna ask you what would
you do at this current moment and you can actually click new order and sell
and you'll see the sell in front of you live and so it's like it's like little
tutorials to walk you through after training you it walks you through each
exercise so that's gonna be a little available probably February that's gonna
take some time so that's a little bit more advanced and when it comes to
creating stuff like that so that's gonna be a little so don't worry that all of
our companies are are you know we're doing a lot of implementing a lot of
Technology a lot of new things and new ways to teach new ways to share such as
mobile devices and stuff like that so we're doing whatever we can to make
learning as easy as possible
I've been uh yes that's what I'm seeing so far more rain not a daily analysis
life as of right now no I might take the analysis from December to mid-january at
most because there are a lot of holidays coming up so I will take it to
mid-january Marvin what is the fees like with coupon I can tell you this it is
still expensive I personally consider it expensive but it is born in advance site
I wouldn't recommend joining for anybody if they have not do not have a basic
understanding of at least pro trading strategy if you can understand pro
trading strategy just fine you can join Forex watchers but if
trading strategy doesn't make sense to you then maybe you still need to go over
some more correct for its education so the Advanced Course and then for its
what is the difference the Forex watchers is the Advanced Course
are you keeping this current trade open uh sushi yes I am keeping it open Raj
saying that for its Watchers is the Advanced Course is CAD poised to reverse
looking at 15 minutes so far I don't see anything yet things are still looking
okay not too bad I'm waiting for a New Zealand dollar to give me a move that's
what's my concern everything else is okay I think sniper
what tool do you use to draw the blue zone
you can simply wherever you have your arrows and lines and stuff right click
in this area click customize and if you go down you will actually see this
rectangle icon just click insert and the rectangle comes in and then you have it
right here if you just split the rectangle and you simply draw it okay
skip where can I get the coupon simply email us info@forexwatchers.com
there is a lady there named Samira you can get in touch with her or you can
email me on or you can you can inbox message me on urban Forex and request it
from me I can look it up for you and send it to you as well okay Simon okay
started Peter when you ask sorry sir I mean for its skipped its for its
Watchers with an S at the end of Watchers I will type it in for you
let me go over the questions now one second let's go up okay
Peter when you add extra positions what targets do you take targets are going to
be the same we're gonna exit on Monday
okay Simon Navin do you know of email alerts for exhaustion candles when you
do not have to keep metatrader open all the time as of right now I don't know
I'm sure that's something that may be possible I actually don't know
assignment that I wouldn't be able to tell you all I know is I've been quite
amazed of what programming can be done on metatrader with scripts and EA's but
oh for those of you I'm gonna help out a company for those of you who use iPhones
and Android devices get this application as of right now called
Oanda and oh and let me type it for you okay well in this application they have
a section that says price alert you know you can set it up that it can alert you
when a certain price is reached to my understanding that is a very important
tool when it comes to trading at least in advanced methods you know I recommend
using this tool the urban Forex app is being created this is gonna be an option
that's gonna be able go in there but as of right now I do not mind telling you
know giving out information about a third-party company so go ahead and
download it it's a nice company they're very good and you can use it they're
very useful all right what else Jason Jackson handy being don't mind the
question should we be worried about this one world currency thing I have not
heard about that I mean it can also be because I don't follow me practically at
all I do not watch news at all to avoid me getting confused with what I see
Christine man asked you you are using crossover or VMware with your Mac I'm
currently using VMware I used to use also reflect I think VMware is much
easier did you're very nice convene I didn't have hope for the market to go
along you surprise me thank you yo you're
welcome did you see gold please yes Kasim let's take a look at gold ok gold
is expected long don't worry about anything else gold is going along too
soon all right Natalie will you do seminar next year of course next year
most likely once forex watchers is more based on recordings and stuff like that
I'm gonna be doing seminars in person they're doing a lot of webinars of
course but I'm gonna be actually going around the world doing seminars in
person of course we will implement the same style of pricing where we try to
make it as affordable as possible for everyone we're not gonna go around be
like ok five thousand dollars for a three-hour course no no nothing like
that
so ok thanks just exhausting alert on urban forks is great too
ok so I didn't even know there was an alert for it so that's great so it looks
like you guys are working with each other on the community for that prince
would like to share alert FX comm alerts you buy a meal or prices reached of many
yes alert FX is also a good one
do you use fib trendlines pivots to find out all these for the Blue Zone yes Hank
I do I do ok as a right now can my entrance
usually do all of them for me they send them to me every morning and that I have
to edit this to see if there's any mistake usually I do what you add it per
day but sometimes so good so it's not that difficult to learn it's just tons
of support and resistance that's all
okay friends Jackson is referring to New World Order the conspiracy theory one
world government and currency it's scary but I guess we would still be able to
trade commodity yeah whatever you learn and how we trade it can be applied
anywhere because it's based on price action it's based on how the market
flows ok so not to worry about that and one-world currency and all that stuff
it's it's a little bit dangerous as of now and now nobody's gonna let go of the
power that's how people are as far as I see it so that's gonna be a problem
Chris - will you come to Malaysia yes of course Malaysia is a very big market for
us most likely KL we'll see please tell once again about gold's view gold is
headed long abhishek more a how trustworthy are the exaction exhaustion
candles which appear following and XP they're pretty good if just make sure
the exhaustion panel is not the NFP candle itself on the currency pairs gold
is fine the gold is a swinging trade but if you have an exhaustion candle on the
NFP candle on a currency pair be little pocket on there
skip when are you coming to the states I do not know yet
maybe maybe next year we'll start from the East Coast and then move into the
West Coast we'll see I'm particularly from DC myself family for Chicago so I
will be coming towards that area sooner than later
Chris how about your fifth webinar Chris yes a fifth webinar is still pending I
owe you a fifth webinar so hopefully as time free freeze up which I will try
that navin what did you say about gold gold
will go long I hope the audio is fine when you come
to the u.s. Powell ah yes I will come to the US and Chris yes I will try to do it
soon absolutely exhausting handle on US dollar Swiss franc before no this is not
an exhaustion candle on the previous candle on US dollar Swiss franc when you
do forecast do you first draw Fibonacci based on price daily candles yes we do
it and we do use the daily candle with the pips
okay gold right now London yes I will come to London also run short from one
seven zero five two one seven zero eight I mean how is the Advanced Course
conducted through webinar the Advanced Course is conducted like the way we are
doing it right now it's pretty much three hours per day like this non-stop I
got the email and could not register oh I think you're referring to the
internship the internship is different that is basic and intermediate only come
how to join the conference room coming you can go to forex watchers calm I can
type it for you
okay whoa there's a lot of questions regarding my fifth webinar my popcorn is
so old crucial thank you yes III will get to your Fibonacci
webinar very soon I'm so sorry Cherie whenever I hear your analysis I am being
motivated victime good good good and that's the goal that's to go to make
sure everyone is excited trade for it and I know it forces become very risky
for many of you guys and have let down a lot of you guys but it's actually a
lucrative market if done right and I'm trying to bring that back to people
is there a reason to leave out euro Swiss franc and Europe you're pounding
the correlation sexes they are good on the heatmap no reasons as a right now
we're just focusing on the u.s. dollar pairs once you know people get used to
all these pairs we're gonna add more pairs that's a little bit of a advanced
technique actually to add in more pairs when is the next beginners class it
should be another week's time if you're referring to the internship week 1 & 2
is already released okay how many days I'm in Singapore and not sure for the
timing Raj rephrase the question how many days for what Marvin teh I just
joined the internship program do you think it is advisable to join conference
room an internship at the same time it's totally up to you actually Marvin you
can as I am still in in the conference room in December for the remaining a
month maybe a month and a half so you can probably take advantage of me being
their life because Post January only you'll see my recordings so you can
probably take advantage of me being there live right now Raj could you
explain this so I can directly do Advanced Course is there someone I think
in contact to get details around this yes Raj you can get in touch with Forex
watchers and for what for its Watchers calm
Thomas how far can gold go up gold should be going up on Monday for the
internship I sent in my assignment but wasn't confirmed about if my assignment
was valid or not okay I will check with Augustine to see if he
can send everyone a confirmation once he receives their login details Laurie
sorry I couldn't get in the room earlier will this session be recorded and posted
yes Laurie it's already been recorded it will be posted on YouTube probably by
Monday or Tuesday latest the being is there someone I can contact to
understand the internship and advance course yes for the internship you can
contact Augustin on urban Forex advance course you can contact Sameera at info
at for its Watchers calm they're both also available on urban
Forex Dennis one question please why do you trade on many pairs instead
of one pair with more money because of it
okay it's like this your eggs in one basket Theory never place all of your
eggs in one basket same same same concept applies your risk also goes down
also if you're long and all of your pairs for example today we traded all of
these pairs some pairs are still negative but we're still in profit
that's your biggest example why we do this okay Marvin you're welcome
Roger Phelps welcome there's a cool way to get keep the area dry this is one
okay
there's internship still $30 Paula in fact that internship is even cheaper
we made the basic internship $45 it's a three-month program so it's less than
$30 per month okay Navin do you draw a fib on daily chart or on one-hour chart
I draw it on the daily chart and also on the one-hour chart if needed okay yes
even I have to go Martin it was nice talking to
you guys if there's any further questions do email me I hope you guys
enjoyed the webinar it is 10:21 p.m. my time and 1021
sorry 921 am New York City type hope you guys all had an awesome awesome time at
the webinar and wish you guys lots of pips
enjoy your evening and see you guys next week I have a good weekend all right
good morning guys uh can everyone hear me and see my screen yes yes good okay
so how did everyone do from the webinar on Friday that we had in the evening
from the NFP and how many of you guys are still in the trade
let me ask you this how many guys actually traded that day close it on
Friday okay
close for 150 okay I didn't trade okay all right
all right so let's take a look what do we have today okay the market direction
as per the forecast is still the same today let me login to Forex watchers
real quick most early candles are trend continuation for a short of it's because
Aussie dollar and New Zealand dollar is still indicating it had a loan from
Friday and as for today all of our forecasts are indicating there's more
support than there is resistance okay this is the reason why we are seeing a
long okay not to mention I'm going to show you guys one trick also on which is
one of the traders actually one of the members actually taught me and I'll go
over that in one second let me just load up the forecast for today
well basically most of our charts are still indicating a long for today and if
we take a look at urea see couple things first this is a little trick that one of
the members actually I taught me a long time ago basically whenever you have a
gap between the close of Friday and the open on Monday the gap usually gets
filled up okay Azariah the gap hasn't been filled okay
we're still looking for a long to fill up this gap okay so the markets still
expected to go along as of right now based on this basic theory and this
theory has been tested in the past so it usually works out if we take a look at
pound no gap here take a look at US dollar cad there is a gap here from here
to here which has been filled already take a look at this it's already been
filled it's gone up it's touched that area and now I can go with whichever way
it wants to go Swiss franc also has a gap that the gap is to go short and it's
on its way down all these dollars nothing there New
Zealand dollar nothing there euro yen also has a gap but it has been filled
immediately and gold of lyric petition was for a long from Friday right at the
scandal and it's fun massively long since and it so had it long so what I'm
gonna do is I'm gonna continue to leave these trades open for today and we're
gonna see how this filled up the gaps and stuff trades are running at 60 pips
from basically Friday Friday Friday evening when I took these trains at
approximately 8:30 a.m. New York City time and 9:30 p.m. my time so the
forecasts are still for a long I don't know if this loaded up yet you know it
did not the forecasts are for a long we have Swiss franc as a hedge today as
Frank is also showing it long for some reason but everything else is perfectly
fine in correlation so a couple things which pairs are our trigger pairs today
we should have to trigger pairs today
okay markets are starting to move standing at 82 pips
euro/usd and new zealand dollar yes okay eur/usd is a trigger pair for a buy and
New Zealand dollar is also a trigger pair for a buy I'm using an orchard of
Paris somewhere on this area and which is already been crossed it's it's
looking like its head if it wants to head long so things are looking good for
now go ahead and stand by and you will continue at the top of the next hour it
is for 18 p.m. my time we'll meet again in 42 minutes and we'll take it from
there any questions all right guys welcome
back it is now Monday 944 p.m. it's pretty much the same time now it is
pretty much 844 a.m. in New York City time so it's been exactly 1 business day
now Friday we had taken some trades on the
NFP we had gone wrong based on what we had decided in the conference room today
I went through a little bit with the Forex Watchers conference room and we
decided that we're gonna continue along based on what we saw in the markets and
now we have the trades running actually are prospering now and they're running
in approximately 203 pips of profit right now some of you guys asked
questions about gold and gold is here right now it's heavily long from where
you guys had requested it okay this is where we had entered around here if this
is where you would have entered from the NFP date when I said the market is gonna
be long and this is where it stands currently right now at one seven one
five so hope you guys enjoy the webinar and please if you're not a member of
orbit for XCOM community please do join it it is free to join and I look forward
to seeing you guys in the next webinar thanks and take care
you