Jan 23rd Morning session with FX Insight Team

 This morning Chief Al shared a couple of scalp trades for avg +12 profits in Usd/Cad. Alvaro Mendez then had question and answer session with all traders in our LIVE TRADERS SHOW.

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FX Insight views on the Eur/Jpy

FOREX INSIGHT OUTLOOK on EUR/JPY

 What we are expecting in this pair is a move to test the trend on this Daily chart from low of Jan 16 2012 to June 1 2012. Trade leaders are looking for a some great scalp opportunities in this area of 95.15. The over plan is to catch the Eur/Jpy as we forecast the Eur/Jpy bounce higher to 96.40. What we are looking at is a decent bounce on Eur/Jpy toward higher levels as market rumors on the euro will have the currency move on the dollar and the yen. Also even still if the eur/jpy is to follow the eur/usd to the abyss (1.1660) as Spain troubles plus 10yr yields on Italy we still need to see one more bounce to (96.40-60) before a another strong fall such as example from April to June of this year.

In conclusion we will not be taking any entries on eur/jpy until she does reach the trend line market. In the event she breaks away here to lower levels we will just work the retracement after the fall. Play is safe as always in the Forex Insight Group.
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Euro Headed to Parity with US Dollar - FX insight shares

Notice in this video how Euro headed to parity was for seen back in April and May.




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Fx Insight Trade of the Day Gbp/Usd June 15th

Today June15th, Chief Trader Alvaro Mendez takes a buy position on the GBP/USD pair. Chief Al waits patiently for the GBP/USD to break out as he instructed to all traders in the room and online community ROOM. Chief Trader uses the 1 minute Power Trade setup to plan and enter his buy position. Since it was a Friday Alvaro was very strategic on his stop-loss. FIVE minutes into the trade Al collected +15 PIPS! As the morning continued and all traders followed on this very strong gbp/usd and as the session continued Chief Traders and all traders in office and online room moved to collect over 140+ (avg) on gbp/usd as the pair really made some nice moves against the dollar.

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Forex Insight Group trade of day June 15th

GREAT TRADING for all our community traders - TODAY



Today June 15th, Chief Trader Alvaro Mendez takes a sell position on the EUR/USD pair. Chief Al waits patiently for the EUR/USD to bounce out as he instructed to all traders in the room and online community ROOM. Chief Trader uses the 5 minute Success Trade setup to plan and enter his sell position. Since it was a Friday Alvaro was very strategic on his stop-loss (fairly tight). Five minutes into the trade Alvaro collected +9 PIPS! As the morning continued and all traders followed on this range trade in eur/usd and as the session continued Chief Traders and all traders in office and online room moved to collect 13+ on eur/usd as the pair really made some nice moves against the dollar.

Learn how to generate consistent profits and emotion-free trading in the Forex market long-term with the Forex Insight Trading System. http://livestream.com/forexmentoring daily mornings

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FX Insight Morning session June 11 gbp-Usd

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Today, June11th 2012 — Chief Trader Avaro Mendez demonstrates in this Video clip of main chart on floor one of the advantages that the Forex Insight Trade methods and how it allows traders for properly find trade entires even in markets like today as Gbp/usd show signs of retracement on price action method 5 min chart. Chief Alvaro specifically points to scalp trades in the 1M 15m time frames as they come together, signaling a upturn from 1.5500. That, in particular, is something few traders would see if only using simpler and or depending on some miracle platform. In a matter of time, he’s able to take 10 PIPS at 1.5512 on his active long position! Price ACTION sequence followed. 85% of traders made 10 pips in this trade.

TIP OF THE DAY - don't get fouled in purchasing platform then a monthly data feed that promise you the world only crash and burn after a year. Know your self as a trader that is the most valuable platform.

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Greek politicians traded insults and accusations following new talks with President Karolos Papoulias - Forex Insight

Europe is keeping a nervous eye on Greece, fearing that the political chaos there could lead to defaults on debt that could threaten the future of the euro. Greek failure -- or refusal -- to make debt payments could hurt banks across Europe. The talks with Papoulias came a week after elections in which angry voters punished mainstream parties by backing a range of fringe groups.

If no government can be cobbled together by May 17, new elections must be called. They would take place next month. Papoulias said he hoped he could help form a unity government, adding that "things in Greece are quite difficult" -- but things only looked more difficult after Sunday's talks.

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Forex Insight: Euro worst against Dollar sense December

Reuters- The euro failed to gain traction despite signs the U.S. economic recovery was losing momentum, raising the possibility of further U.S. central bank monetary easing. Data on U.S. spending and business activity in the Midwest reinforced that view.

In afternoon New York trading, the euro fell 0.2 percent to $1.3228 against the dollar, with investors wary of pushing it back toward a near 1-month high of $1.3270 reached on Friday. However, it stayed just above support at its 55-day moving average at about $1.3205. On the month, the euro was down 0.9 percent, its worst performance since December last year.

 The euro, however, has not closed below $1.30 or above $1.35 since January 20

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The dollar turned higher against the euro after comments from Federal Reserve

AP - Good news for the dollar. Bond buying lowers interest rates and increases money supply. With more money in circulation, the value of the dollar that traders are holding decreases. The lower interest rates would make the dollar less attractive than other currencies that have higher interest rates.
The euro fell to $1.3337 in late trading Wednesday from $1.3459 late Tuesday.
Before Bernanke spoke, the euro rose against the dollar after the European Central Bank said it made $712.4 billion in low-interest loans to banks. The dollar rose to 81.18 Japanese yen from 80.55 yen and to 0.9039 Swiss franc from 0.8954 Swiss franc. AP link 95% of people trading lose money, but not if you know what you are doing. Become successful and join the Group of 5% of Successful trader. Forex Insight Team can teach YOU to become within the 5% minority of people who are making money.

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