Forex: 80% winners in 11 minutes

Last week I showed you how to analyze 13 forex cross-rates in less than 11 minutes. I thought it would be fun to go back and look at how this very quick analysis turned out.

Out of all the markets we analyzed in just 11 minutes, only five were in tune with our trade "Triangle Technology." What this means is that both our daily and weekly "Trade Triangles" were in alignment indicating the direction for that particular cross.

We first looked at the following cross rates on June 18th, 2009. The first number you see below is what that cross rate was trading at when we made the video last week:

USD/CAD was trading at 11335. Trade Triangles said to be long USD short CAD
Now trading at 11490, that's a profit of 155 pips.

USD/NZD was trading at 5642. Trade Triangles said to be short USD long NZD
Now trading at 5533 this is a profit of 109 pips.

CAD/CHF was trading at 9578. Trade Triangles said to be short CAD long CHF
Now trading at 9531 this is a profit of 47 pips.

USD/CHF was trading at 10869. Trade Triangles said to be short USD long CHF
Now trading at 10952 for a loss of 83 pips.

Dollar Index play from 8034 when I made the video and is currently trading at 8023 for a gain of 11 pips.

Out of the five markets that showed the correct "Trade Triangle" configuration, 4 are profitable and 1 was showing a loss as of this writing.

Total Gain: 322 pips
Total Loss: 83 pips

Total Net: 239 pips

5 trades, 4 wins, 1 loss
80% win/loss ratio

3.87 pips gained for every pip lost

Now remember, we did this in just 11 minutes and we analyzed 13 cross rates. Now I'm not saying that it will always be like this and that you will always have this percentage of winners, but the reality is, if you trade using our "Trade Triangle" technology, are disciplined, diversified and follow the program... you will be a winner over time.

Lastly, all the forex quotes and "Trade Triangle" alerts for forex symbols and precious metals at MarketClub are realtime.

Now you know how to analyze the Forex markets super fast and come out a winner.

All the best,

Adam Hewison
President, INO.com
Co-creator, MarketClub

13 thoughts on “Forex: 80% winners in 11 minutes

  1. We first looked at the following cross rates on June 18th, 2010.

    Hi Adam

    When did Year 2009 end and how did you take at first look at June 2010.

    Thanks for your videos they are very educative.

    Regards

    Vijay

  2. Hi Adam,

    I am new to trading would you be more specific about the 3 day range as a stop. I am continually stopped out of trades

    P.S. I think Marketclub is fantastic

    George

    1. George,

      Here's how we use the three-day stop method in the market. Assume you have a long position, if the market goes below the low of the last three days you would be stopped out of your trade. This is assuming that the weekly trade triangle is green and headed higher.

      The reverse would be true for a short position in currencies. I.E. if the market went up and violated the high of the last three days you will be stopped out of a short position. You would only reenter that position when the market action went below the low of the last three days. You'd also have to have the weekly triangle pointing down and showing a red color.

      I hope this explains our three-day stop.

      Every success in the market.
      Adam

  3. Patrick,

    Thank you for your comment and your kind words about our service.

    Stops are a very complex subject as we have so many members out there that have a different risk tolerance.

    Here's what I suggest, in a very wide volatile market putting tight stops in can be counterproductive. We mentioned tight stops but in reality they could be wider stops than you are imagining.

    Using our trade triangle technology to trade Forex, I recommend using the 3 day range as a stop.

    Some of our members use a trailing stop such as a parabolic SAR which is one of the studies in MarketClub. Other members use dollars stops and other members use percentage stops.

    As I said, stops are very personal and depend on your own risk tolerance and money management rules.

    All the best,
    Adam

  4. Hi Adam,

    Very helpful follow-up.

    The dilemma I have is in rationalizing this vis-a-vis the consistent advice in your chart comments to "use tight money management stops". As I look back it appears that many of the trades would have been stopped out had this been done, especially if one applies these on a daily/overnight basis as many traders would do.

    A reasonable compromise might be to place stops slightly above/below resistance/support levels and then re-enter the next day or whenver the trade rebounds above or below that level.

    Are you in agreement?

    Any additional thoughts?

    Thanks again for a great service.

    Patrick Keith

  5. Do you have any vdo show me how to get in and get out for the forex?
    last vdo I donot know when good time to short or long and when the good time to take a profit. Most of your VDO explain very well in the past and your triangle is right.

  6. Hi Adam,
    When you say the trade triangle said to be long, What percentage was showing on these trades. When I look at the trades they tend to be going in the opposite direction as I am about to enter the trade
    How soon should I enter a trade and how up to date is the information

    1. George,

      The important thing when you're using or trade triangles in forex is to make sure that the daily and weekly triangles are in unison. When that happens you want to take a position in the direction of the triangles.

      You should take a position as soon as you can when you see this occur. The forex data is real-time and you can set alerts that tell you when this condition happens. If you need more information on this please contact our help desk at 1-800-538-7424.

      All the best,
      Adam

    1. Forex,

      All the information that you see is displayed on MarketClub.com.

      Forex prices come in through an independent feed from around the world and they are real-time.

      I hope this answers your question.
      Adam

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