Trade Genius Group

Trade Genius is a place where expert, advanced and novice financial traders can share their latest strategies, secrets, tips, big trades, big wins and losses with each other. The Trade Genius will spark this community through uploading thought provoking, helpful, funny and impacting posts, financial technical and fundamental charts, and market analysis videos about the Forex and all other financial markets, Macroeconomics, and trading theory.

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TG Daily Signal January 27th USDJPY Daily Descending Triangle Pattern

The Chart:

The current situation in the above chart depicts a rather confused market at present. On the one had the chart shows you the long term strength and bullish market that has been the USDJPY long trade of 2013-14. This strength was categorized by both Dollar strength and also JPY weakness and government intervention to help boost exports. Such a trade whereby one currency is being strengthened due to domestic policy and growth and the other pair weakened by domestic policy and monetary intervention is somewhat of a “double bonus” and ideal trade scenario. More recently however the trade has began to turn. We see recent lower highs for the first time in a long time and we also see an emerging potential bearish continuation pattern known as this descending triangle. We have left of all fancy indicators from this trade as we feel it is a fundamental trade as the below section will explain and also that the technical guide is clear. A break below recent double bottoms (lower blue line) <117.00-116.00, will send this pair into Q1 sell off mode. Alternatively the upper resistance could always be subject to a sudden breakout beyond 119.00 which would simply retest previous highs beyond 121.00. What will determine these factors?

The Situation:

The above factors including when or how the current technical pattern will confirm its price behavior is arguably resting upon tomorrow nights FOMC Meeting Minutes. Recent dollar weakness has been both due to demands for safer haven trades and a call to traditional long positions on the JPY and the CHF. In addition the Russian credit rating was only recently downgraded to Junk levels which certainly add’s to the safe haven risk off environment the market is currently entering into . What is interesting is that the ability of the Greek elections to form a new government has helped restore a very small glimpse of faith in the Euro and as a result a minor pullback on the Euro Dollar pair is emerging. Ultimately the public are waiting to hear from the Fed, as to what their intended interest rate policy is for 2015 and more specifically if overnight rates are going to rise shortly after Q1 as anticipated. Traders will need to listen closely as any rumors delaying these decisions could send the Dollar into a long awaited pullback for the bulk and remainder of Q1.

Key Point:

For a while now the TG Connect teams and the Trade Genius Group have had their eyes on this USD pullback. The Dollar which is expected ton continue growing in favor of the bullish strength it has endured throughout 2013, is still in need of a brief correction (we feel).  The likelihood of Dollar lift off can be expected to take place in the second half of 2015 if indeed we see rates picking up in the US and unemployment rates remain steady. Until this point in time the current instability of many regions at present including Russia, the middle east and Europe tend to offer attractive short term position taking on currencies such as the JPY and commodities such as Gold which can be used for cash .

Keep an eye on these technical charts traders! They are on the verge of breakout.

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TG Weekly Market Review 25 01 15 Future of the Euro

This is the TG Weekly Market Review Special by Trade Genius reviews the market this week of January 25th 2015 and focuses on up and coming emerging market trends in light of the recent ECB pledge to add stimulus to the economy in support of the European banking system to combat deflation. The review has a focus towards the technical trends of Gold and the USDJPY and in addition towards the current state of affairs that the Dollar is having on the global economy. We also look at the EURUSD in this weeks technical pairs. This TG Weekly Review covers major points for this week including fundamentals, technicals and major economic announcements this week effecting currencies, commodities, stocks, bonds, and CFD’s. Comment, Post, Share, and like strategies, tips, secrets, and questions about the market at the Trade Genius.

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Too many brokers, not enough successful Traders

Perhaps the only way is a low risk asset management approach to the FX-Indices World?

Too many brokers

The TG Group has for a long time now felt that the amount of brokerage firms in the industry these days is becoming an issue. Where to trade? Who to trust? Similar offerings and with no edge. Sound familiar to you? That’s because it is. In spite of the overpopulated brokerage industry there are a few benefits to having several brokers as opposed to trading with one. For example, spreading your capital amongst several safe brokers is a sensible approach just in case one broker provides better rates than another and at different times in the market. For example one broker may have better liquidity on the EURO and trading during the Euro session, whilst another might work with a better supplier for Yen and during Asian Market hours. Another benefit of spreading your capital between brokers is to avoid the unlikely event that any one broker should go bust. If you do your homework correctly as the Trade Genius Group do, you will only trade with UK FCA Brokers. This license guarantees a certain amount of your capital is protected from company bankruptcy (around 50,000 GBP we believe) according to FCA rules and regulations and under MIFID for account segregation.  

Where is the talent?

Today, almost any old Joe can open up his own Forex Trading Brokers thanks to the many B2B or turnkey solutions out there on the market, which also includes white labels. Whether they do it well is another set of questions with relevant criteria all together. In addition to brokers there are an unlimited array of largely “unsuccessful” trading products such as social trading or copy investing tools and techniques to captivate the minds of aspiring, but still amateur traders. We refer to these products or services as “unsuccessful” merely because the very notion of copying amateur or aspiring traders is on the whole an irrational concept and in most instances clients end up…you guessed it, unsuccessful. Surely the idea is to copy professional and qualified traders is it not?

Risky Business

Arguably the attraction of the many brokers and their trading products, from hi speed robot trading to social and copy trading stem from the desire of the masses to get rich quick. Indeed there are many get rich quick services and products available out there both on and offline, but something about the way financial trading products market themselves tends to make people feel safe.

Are you safe? Is this case of high risk and extraordinary large and fast returns in financial markets just a fallacy? We will let you answer that question yourselves, but the real issue at hand is not whether you are safe or not, but rather DOES IT EVEN EXIST? Is there such a trader or system out there on the market than generates constant high level of returns year after year or even week after week for that matter? What defines a high level of return will ultimately depend on the level of risk associated with the downsides (and can be subjective), but safe to say most products offering higher than a few percent (%) have some sort of additional risk involved. Seemingly, the higher this return gets the more risk there is likely to be, to the point where is becomes pot luck.

The Talent is in the Trader

Perhaps the art and true talent of the industry is thus truly within the skills and talents of the trader’s .By traders we are referring to professional traders who have endured the highs and lows of trading experience both on a corporate and individual level.  The traders that hold the key to this talent of which there are few, know the true value of good risk management and its powerful edge when used to make sufficient financial and above average returns. Many such traders are now able to leverage modern technology to offer managed forex accounts Yes! There will always be risk, but if a trader is looking to return anything from 20-30% per annum there is a safer route to embarking on such a journey and equally a not so safe route that others might foolishly take. So question the next trader who boasts of making 100% returns every month and ask yourselves how he is compensated, before you hand him over your wallet. At the very least be sure he is earning a profit share on the amount of profit he earns you.

Where is the profit?

The irony of the online trading market is that clients, investors and emerging traders alike, would all rather make $3,000 annually from $1,000 invested at high risk, as opposed to making $3,000 from $10,000 invested. Surely this is irrational? As in order to make $3,000 from $1,000 you would need to make a return of 200%. As long as our team has been around the asset management industry we have yet to discover a fund that makes 200% return year in year out. If this is the case, then why invest in yourself or in an amateur fund or trader boasting of such astronomical returns. Perhaps it is alright if you fancied a gamble, but when it comes to making money – the real funds know how to keep risk-return at consistent lows and provide long term performance. In reality, you have more chance of earning $3,000 in a year on $10,000 deposited (30% return) than earning $3,000 in a month or year for that matter on a $1,000 deposit. Give it some thought…

In general it seems plain and simple that the struggle in the online financial industry is not really about finding a good broker or seeking out a new get rich quick financial product, as these issues seem to have been overly addressed in any case.  The real struggle is about being able to find those few good traders out there with professional, profitable and consistent experience. Once you have found them, the question then arises as to how you will get them to manage your capital in a safe UK FCA environment when his minimum is typically $500,000.  We won’t give away the punch line but it is somewhere within our Trade Genius Group Community Blog.

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TG Daily Signal January 20th EURUSD 4HR Inverse Head and Shoulders Pattern

The Chart

In this short term EURUSD chart we can see an emerging 4RH Inverse head and Shoulders type pattern . The left shoulder and inverse head seem pretty clearly defined but the right shoulder and reversal is yet to be sufficiently established. As per the technical pattern these are typically in line with bullish reversals and momentum. Indeed the Euro has been on decline vs the dollar for months now and the global economic situation on the single currency has merely added to this pressure. When will it end? The chart also shows the blue lines which represent recent channels and ranges traded between 1.1500 and 1.1600 in a 100 pips range. The Bollinger Bands have moved from wide to narrow depicting short term decline in volatility ahead of Thursdays big announcement and ECB press conference.

The Situation:

The currency markets are all over the place at the moment as both banks and traders around the globe try to make sense  of 2015 markets. The USD has been very strong in recent months and seems to be heading for a short term slow down. On the  other hand the Euro has had such a beating of late that investors are desperately calling upon a return to the market highs we saw only last year. Certainly the drop in Oil and Russia’s economic crash of late did not help and recent turmoil in Greece has also cropped up again, adding to the fire. This Thursday the ECB will deliver its rate call and policy statement. The market seems to have priced in the fact that they are due to engage in aggressive monetary policy and quantitative easing. The market has seen quantitative easing from the US in previous years and also in Japan more aggressively. Whats more however, is that in both cases the QE approach weakened the domestic currencies. Perhaps due to European deflationary pressures the possible introduction of QE this week will have a reverse effect. Indeed many traders are hoping so as the prospect of the Euro falling to weaker levels that presently is certainly a scary thoughts and with parity only a thousand odd pips away.

Key Point:

With all the talk of the crash in oil prices, US Indices pullbacks, Euro crash and CHF rally, the bottom line seems to be risk off demand for safe havens. Whilst this does not fair well for the Euro it seemingly does present traders with interesting ports of call on assets such as Gold, Japans Yen and as mentioned the USD in the longer term . Perhaps traders are best to first assess the initial market reaction on Thursday after the ECB press conference and only then make the decision as to trade for the safe haven or reversal position. In the short term, the technical situation does seem ready for a decent pullback on behalf of the Euro between now and the big news day.

Best of Luck.

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TG Daily Signal January 19th US S&P 500 Daily Range

The Chart:

This exciting S&P 500 Daily Chart shows the ranging market which currently trades in a band from around 2000 to 2091 points. If you add the Bollinger Band indicator to your own S&P charts you will see the wide distance between upper and lower lines and this is a sign of the volatility on this index which is currently high. The chart above clearly shows the current average support and resistance range and the index is in a pullback mode certainly since the year kicked off.  Recent prices hit the support line and now closer 4 Hour charts await confirmation of breakouts either to the upper resistance or back down to support for a potential break out trade. One can notice in yellow the GAP that the S&P took at the beginning of the year and this was the start of its recent pullback.

The Situation:

The current market is very much fixated with the Euro situation and its effect on the risk on, risk off environment. In this weeks TG Market Video Review  we already discussed the impact of last weeks CHF ceiling break through which caused havoc in the markets. Investors and traders alike have now also began to factor in a $635 Billion round of asset purchases due to be announced this Thursday by the ECB (European central bank), which has boosted gains on the Euro at least in the build up to this weeks conference. In general the US Dollar is extremely strong and arguably over bought not only in light of the fact that the US economy is picking up but also in light of the prospect that 2015 will see rate hikes. Coupled with this rate hike prosperity the instability in Russia and Europe currently has also given rise to USD safe haven trades. Due to Bank of Japan aggressive monetary policy (intervention and Yen weakening) a lot of flow that would have otherwise ended up on JPY safe haven trades has otherwise been diverted to the dollar and even in the very recent short term towards Gold.

Key Point:

The S&P 500 has been making significant pullbacks since the convenient market GAP it made over new years. The current pullback seems set for another level but first needs to re approach the support line as per 2012 levels and lower. In the long term there is nothing final about the reversal in trend and US equities still remain as an attractive source of investment to many traders, fund managers and institutions around the globe. The fact that the new years day GAP has not been filled yet may well indicate that 2015 is due to retest the highs at some point. This does not of course rule out the shorter term demand for shorting this index. Arguably most investors will adopt a wait and see approach to the ECB press conference this Thursday which will reveal more about the fears of contagion and recent sell offs on the ever diminishing single currency as it fights back in the eyes of deflation.

Best of Luck Traders!

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Weekly Market Review 18 01 15 CHF Trade Aftermath

This is the TG Weekly Market Review Special by Trade Genius reviews the market this week of January 18th 2015 and focuses on up and coming emerging market trends in light of the recent CHF disaster. The review has a focus towards the technical trends of Gold and the USDJPY and in addition towards the current state of affairs that the Dollar is having on the global economy. We also look at the EURUSD in this weeks technical pairs. This TG Weekly Review covers major points for this week including fundamentals, technicals and major economic announcements this week effecting currencies, commodities, stocks, bonds, and CFD’s. Comment, Post, Share, and like strategies, tips, secrets, and questions about the market at the Trade Genius.

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Weekly Market Review 18 01 15 CHF Trade Aftermath

This is the TG Weekly Market Review Special by Trade Genius reviews the market this week of January 18th 2015 and focuses on up and coming emerging market trends in light of the recent CHF disaster. The review has a focus towards the technical trends of Gold and the USDJPY and in addition towards the current state of affairs that the Dollar is having on the global economy. We also look at the EURUSD in this weeks technical pairs. This TG Weekly Review covers major points for this week including fundamentals, technicals and major economic announcements this week effecting currencies, commodities, stocks, bonds, and CFD’s. Comment, Post, Share, and like strategies, tips, secrets, and questions about the market at the Trade Genius.

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TG Daily Signal January 14th EURJPY Weekly Support Levels

The Chart:

In the above chart traders can witness the slow but current strength of the JPY currency as the Euro Falls in this EURJPY trade. The range of the existing blue channel is around 1,400 pips in the long term which sounds about right as far as trend cycles and price mechanisms is concerned. The next test seems to be around 136.00 which interestingly was a once tested resistance level. Any signs of this breaking down will offer breakout trade set ups with future long term supports at around 125.00 prices (quite a long way off). For now the Bollinger Bands as per the chart shows a recurring move between the central and upper band and now appears to have enough room and distance to portray increased volatility heading towards the lower band -2 SD.

The Situation:

The EURJPY is an interesting pair and showing solid support levels on the horizon. The pair offer traders the chance to go long on a safe haven currency that is the JPY at a time where global growth has been cut by world banks and where traditional safe havens like Dollar, CHF, Gold and the JPY appear to offer short term relief. In addition the EURJPY pair acts as a secondary trade in that Euro Bears have been incredibly short on the single currency over the last few months and in the face of a Euro Zone melt down. The Euro zone now seems set to receive a potential 500 Billion in asset purchases pledged according to the ECB and in the face of great deflation investors should await this months interest rate call and ECB Press conference on Jan 22nd. The conference is likely to shed light on the Euro and the path for Q1 which could well prove to be a pivotal turning point for the single currency. A specific set of fund managers affiliated to TG Connect Managed Forex Accounts have recently quoted that the DAX (German Index) has been experiencing exceptional volatility and reductions in price as a result of the turbulence in Euro zone realted markets and prices.

Key Point:

The current situation is on hold as far as any hopes are concerned with the Euro Zone. The big date appears to be Jan 22nd and this gives investors another solid week or so of trading days with which to keep a close eye on the EURJPY short trade and T1 (Target 1) support levels. Ultimately the Jan 22nd ECB conference is going to determine whether or not we will likely see a Euro melt down towards parity against the Dollar and previous supports against the JPY in Q1. Pay close attention to the dates surrounding the conference and be prepared for any unexpected surprises that could save the current Euro currency from its doom. This could create an unexpected reversal on trades like the EURJPY shorts and thus resume longer term long positions on the pair,as since 2013+.

Best of Luck Traders.

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TG Weekly Market Review 11 01 15 USD Center Stage

This is the TG Weekly Market Review Special by Trade Genius reviews the market this week of January 11th 2015 and focuses on the market trends and the positive US unemployment data from last week and its effect on the market. The review has a focus towards the technical trends of Gold and the S&P500 and in addition to the current state of affairs that the Dollar is having on the global economy. We also look at the USDJPY and the NZDUSD in this weeks technical pairs. This TG Weekly Review covers major points for this week including fundamentals, technicals and major economic announcements this week effecting currencies, commodities, stocks, bonds, and CFD’s. Comment, Post, Share, and like strategies, tips, secrets, and questions about the market at the Trade Genius.

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TG Daily Signal: January 8th EURUSD Monthly Long Term Support

The Chart:

In the long term EURUSD Monthly long term support has been hit and is currently facing testing. The probability of spikes is high as per the past and if you look at the chart you can see we are now beyond post 2008 lows. We are sitting on 2003 and 2005 support levels and typically these have experienced reversals to the upside in the months following on from this price zone. Lastly the longer term channel lines point to lower lows of 1.0800 despite it not being clearly visible on the above chart (the lower blue line).

The Situation:

The situation is currently split between the ECB austerity measures and the signs of deflation with Jan 22 offering considerable meetings and announcements due to be taking place. The Euro has seen several rate cuts in the past year and the recent drop in Oil prices and Russia’s crash has also had some form of knock on effect. The US on the other hand despite showing signs of growth and recent indications of VIX volatility index “cool offs” seems to be unsure as to whether rates are truly ready to rise or not. It seems likely that the chance interest rates will only become a potential reality come Q2 or even 3 and beyond, granted the fundamentals and economic stability continues to show signs of improvement.

Key Point:

The current EURUSD support offer potential reversals. Together with the fact that the US Dollar is over bought in the short term and potentially due a retracement, the current EURUSD Support offers possible pivot points for the next few months. This in theory goes hand in hand with the fact that the US is not in the right position to increase interest rates in the coming few months. It goes without saying that any break below the monthly supports (not including spikes) would leave investors guessing as to the next lows on this pair (channels showing 1.08 as the next supports) and thus buyers would be foolish to keep holding onto long positions. Keep an eye on this weeks NFP data and any signs of the USD Index pullbacks which could spark medium buy lines on this EURUSD support rebound.

Best of Luck Traders!

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TG Daily Signal: January 6th Gold Continuation Pattern

The Chart

In today’s chart the Trade Genius team has decided to focus on Gold (XAUUSD) and the continuation pattern which has recently re tested previous resistances and established a support line at around $1,170-$1,200. The chart shows the move away from the classic bearish ranging channel of the past few months and indicates attempts at new highs. The Bollinger Bands do not offer any particular indications of movement away from the market range at present but the fact that they are spread wide apart presents itself as an opportunity and potentially volatile market to come. The RSI (Relative Strength Indicator) shows us the current midterm daily momentum is neither overbought nor oversold but lies in between these 30-70 levels with a bias to the upside for now.

The Situation:

The current situation is very much spread between Europe, Russia and the US but Oil as a commodity has arguably stolen the headlines for now with its massive decline. With the USD somewhat overbought for the short term and the Euro Zone in evident crisis yet again, the attraction of safe havens such as cash based assets including Gold and the traditional currencies like the JPY are becoming more and more attractive. Whilst Gold has seen a decline in price since 2012-2012, perhaps it is currently a potentially negative choice but a wise one none the less for investors and traders given the current situation. In addition to the lack of alternative out there, Equities in the US seemed to have pulled back rather sharply upon the annual open and the upside on indices such as the S&P 500 may well be limited given the recent new highs that were reached at the end of 2014 Q4.

Key Point:

The situation is clear for now, the European markets look incredibly fragile as do the Russian and the Oil and energy sectors. The US though likely to offer promising results in the 2015 fiscal year may take until Q2 and 3 to deliver more valuable information and change on the interest rate hike front. With this in mind the choices are currently rather limited. This is making classic trades more attractive such as the AUD positions and the Gold long shots. So long as this commodity does not fall back into the bearish channel and prior resistance of $1,170-$1,200 the bull’s are appearing to be more and more attracted to going long for now.

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TG Weekly Market Review 04.01.15 New Year Trading

This is the TG Weekly Market Review Special by Trade Genius reviews the market this week of January 4th 2015 and focuses on the market trends and the recent USD rally as in the face of Russia’s financial crisis. The review has a focus towards the technical trends of the EURGBP and the S&P500 and in addition to the effect the current Russian Market is having on the global economy. We look at the Euro Dollar and also Swedish Currency too in this weeks review. This TG Weekly Review covers major points for this week including fundamentals, technicals and major economic announcements this week effecting currencies, commodities, stocks, bonds, and CFD’s. Comment, Post, Share, and like strategies, tips, secrets, and questions about the market at the Trade Genius.

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TG Weekly Market Review 04.01.15 New Year Trading

This is the TG Weekly Market Review Special by Trade Genius reviews the market this week of January 4th 2015 and focuses on the market trends and the recent USD rally as in the face of Russia’s financial crisis. The review has a focus towards the technical trends of the EURGBP and the S&P500 and in addition to the effect the current Russian Market is having on the global economy. We look at the Euro Dollar and also Swedish Currency too in this weeks review. This TG Weekly Review covers major points for this week including fundamentals, technicals and major economic announcements this week effecting currencies, commodities, stocks, bonds, and CFD’s. Comment, Post, Share, and like strategies, tips, secrets, and questions about the market at the Trade Genius.

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The Latest In Trading Technology 2015 Review

Traditional investors that have made the ultimate shift into online trading are now spoiled for choice and technology when it comes to managing their wealth. In this article we want to walk you through some of the smart and perhaps not so smart investor tools and trading software that’s out there to help you make the right decisions.

Note: If you wish to speak to one of our helpful support team regarding the TG Connect Solution or should you have any questions regarding our education, please fill out your details in the side bar form on your right.

The Platforms

Back in the 90’s with the emergence of the OTC (Over the counter) online trading brokers, investors and traders would be set up with the well know “web trader”. The web trader was an online platform giving access to prices and instruments from ones personal computer browser (google, explorer, firefox). Whilst logging in was simple and accessible a lot of the web based platforms were limited in their functionality and also in terms of the amount of tools and analysis features that one was able to implement in their strategy and technical charts. Ultimately in the retail trading sector the web trader was outperformed by what is commercially the most popular platform in the industry “the meta trader 4 platforms”. The mt4 platform as it became known enabled traders to download state of the art desktop friendly trading software and pull up multiple charts and tools across an enormous array of asset classes which would be connected to the brokerage. The software was both more professional and in many aspects more user friendly when it came to opening and closing trades, managing orders and even executing positions directly from the charts. The mt4 platform as most traders are well aware also developed its own mobile interface which can be accessed via multiple brokerage servers and clients. Just as things seemed to be at their peak, the arrival of evolving trading technology was about to change everything…

The Emergence of Robots & Technology Tools

Trading Algorithms

Beyond the standard trading platform was a quickly emerging tech scene of programming and strategy automation. What this meant was that developers since 2000+ had now figured out how to program specific trading strategies into an algorithm and have it trade on brokerage platforms such as the MT4. The mt4 enables the script known as mql4 to be configured and run in both an automated and semi automated fashion. Investors could now take an automated robot which would be programmed to take orders on behalf of the trader according to the commands he or she had set out in the coding of their algorithm. The more semi automated code is known as an EA or expert advisor. An expert advisor is similar to a technical indicator only it may simply combine several indicators and have a pre defined set of trading criteria which together generate a signal. The EA’s can be uploaded to ones trading platform and then once matched with the signal would prompt the trader to enter into a position, set a stop loss and set a profit target. Both fully and semi automated trading technologies have transformed the trading industry forever. Not only are some of the world’s largest fund managers plugging in their own strategies into digitally coded scripts but even retail investors can now use modern drop and drag tools in order to make their own robots and EA’s too.

What is Social Trading and is it the right solution for you?

Around the same time as the formation of the algorithmic trading software and its arrival to the retail sector, another trading technology was also in the works known as “Social or Copy Trading Technology”. Several companies have formed a device whereby traders can effectively attach themselves to the trading accounts of other trader’s performance (or accounts) and have their positions “mirrored” proportionately to open the same trades. The copy notion is used by both early stage money managers and even retail broker platforms that have brought the copy trader device to its users and clients.

Making the Right Choice

We have walked you through the evolution of the web trader, to the mt4 industry leading software and right the way across towards algorithmic and social or copy trading technologies. What does this mean for you as the trader or investor?

The many options out there on the market in today’s online trading industry tend to be divided into 3 sections.

- What form of trading sector you wish to trade in (Spot FX, Commodities, Option or futures).

-How you are intending to trade your own account whether manually or automated.

-If you or indeed an additional third party are going to trade indirectly on your behalf.

Pros and Cons of EA’s & Algorithms

Whilst the choice as to what sector a trader intends to trade is very much down to individual preference, the decision to trade either manually or not is very highly dependent on the benefits and drawbacks of the various technologies we have discussed. One of the major advantages of trading using the automated EA or robots is that it removed all emotional biases from your entering into a trade. The criterion is defined and the rest is decided by the market, avoiding many dangerous obstacles such as fear, greed, and doubt to name a few. On the flipside, relying on technology and decision making from a set of predefined rules (as per algorithms and EA’s) can at times leave trades open to risk. One of the risks is that once a strategy is predefined, it relies on the market behaving in a certain fashion as perceived by the developers of that strategy. Should the market conditions and environment be subject to drastic change, such as the December 2014 crisis on the Russian Ruble, many of the conditions defined in the trading technology software become redundant and underperform. In such instances one cannot replace the benefits of the human eye and acting on instinct and market news. Programmers have helped to overcome this hurdle however, by continuously upgrading their algorithms to adjust to the market.

Social Trading or Better Still – Managed Forex Accounts

When it comes to social trading or money management technologies such as trade replicators and copy trader, the investor ultimately assigns his capital to a third party. The key to using these technologies is to finding good traders whose performance you can view and then select at the relevant risk level of your choice. These technologies can save you as the investor the time and energy in finding the right trades and effectively allow you to outsource your work whilst maintaining control of your account. The difficulty is finding the right style of trader who would be best suited to managing your capital in this fashion and in being able to make sure that he too has the same stakes up for grabs assuming he is trading multiple live accounts with a single click. Problems with social trading have emerged as investors find themselves copying non professional and inexperienced traders. Instead there is a growing demand for investing in a copy style system but knowing that the team behind you is both professional and are experienced traders and asset managers. This system is veering closer and closer towards managed accounts such as those offered through affiliation platforms such as TG Connect read more on this platform here>.

Rest assured, nothing comes for free in life and so when making the decision to become a full time or part time trader you would want to be sure to consider your investment approach, amounts and risk criteria based on the expected levels of return that you’re looking for.  Depending on your circumstances and preferences, there is always a solution out there to meet your needs, thanks to today’s Fintech scene and the widespread social outreach of online and international based businesses.

What is TG Connect?

TG Connect is an innovative trading service which enables investors and clients to connect their personal trading accounts to a team of professional traders.

Security of Funds.

All trading accounts are opened and funded with independent UK FCA regulated brokers. Trading can be tracked in live time on desktop, mobile and tablet for total transparency.

Start in 3 Simple Steps: Register. Open Your Trading Account. Connect. Get in touch with our team on [phone]

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New Post has been published on Trade Genius Group

New Post has been published on http://www.tradegeniusgroup.com/tg-daily-signal-december-31st-gbpusd-monthly-fibonacci/

TG Daily Signal December 31st GBPUSD Monthly Fibonacci

The Chart:

The GBP was perhaps one of the strongest and fastest moving currencies back in 2013 moving from lows of near 1.4800 to highs of 1.7180 by June 2014. This astounding 2400 pip has dropped 61.8% in price since June 2014 and as per the above chart.  This current price level sits around the Fibonacci retracement levels and offers considerable potential for embarking on a new trend or wave formation in the new year.

The Situation:

The question as to what has brought down the Euro Dollar trade over the last year, is a tough one to argue. Ultimately it is different to the Sterling (GBPUSD) because both European interest rate cuts together with US optimism and strength has been behind the decline. The GBP however, has not been subject to such dramatic changes in economic policy and neither has the UK economy been performing especially bad since the crash of the cable (GBPUSD) pair. This trade as opposed to the EURUSD trade seems to imply that pure Dollar strength has succeeded in taking down the bulls and driving them into the ground. 2015 has a lot in store for the Dollar and a lot of optimism behind it’s trade. Perhaps the UK will be required to come out and counter this optimism with some fundamental improvements and adjustments of their own if this trend is to reverse.

Key Point:

The current Fibonacci level is certainly offering attractive buy prices to investors. One reason for this is the good risk reward it offers as a move to far beyond the 61% mark would indicate a 100% possible trend reversal all together which would put the Pound into a very much long term bearish position. Should the Fib level break down the possible monthly rising wedge pattern could take effect and see lows of 1.4800 and beneath re tested once again. On the flip side if the Dollar fails to deliver continuous investment and positive movement towards interest rate hikes, then the Fibonacci would likely hold up and begin a new bullish wave towards the pre June 2014 highs of this markets range.

What is for sure is that 2015 is going to be a busy year for FX Trader and Funds associated with TG Connect.

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New Post has been published on Trade Genius Group

New Post has been published on http://www.tradegeniusgroup.com/tg-daily-signal-december-30th-us-oil-monthly-crash/

TG Daily Signal December 30th US Oil Monthly Crash

The Chart:

It seems difficult both fundamentally and technically to make any viable assumptions about the Oil prices at this specific point in time, with regards to any long position or buy trades .What you can see from the chart is that historical lows on this commodity have settled around the $40 mark and this was back in 2008. It would certainly be frightening to see these lows break and to re visit even cheaper price levels pre 2008.

The Situation:

We felt this bloomberg.com video special was well worth sharing and watching as far as getting a truly in depth understanding of the fundamental dynamics as they stand between the US, Russia, Europe and the commodities market.

  Key Point:

The double bottom price at $40 certainly seems as though it is in range for the early new year and its open. Perhaps it would be better for all speculators if this double bottom was made sooner rather than later, allowing for attractive buy prices to trigger demand. Certainly the threat that Russia could counter sanctions on Europe although unlikely, would certainly be devastating to the Euro. All in all it seems that over the long term of 2015, the market is pretty bullish on the Dollar and the US economic pick up. However, as I am sure many of your traders will know by now that amid all the aforementioned market sentiment, there seems to be a lot of volatility on the horizon and anything can happen. Volatility is good for traders as it allows them to capitalize on market swings, price movements and both rising and falling rates.

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New Post has been published on Trade Genius Group

New Post has been published on http://www.tradegeniusgroup.com/market-hotspot-3-simple-steps-trading-dow-theory/

Market Hotspot: 3 Simple Steps To Trading Dow Theory

http://youtu.be/rim_LWKQTII

Trade Genius brings you a Market Hotspot on 3 steps to successfully trade the Dow Theory. This particular Hotspot is applicable to all financial assets which allow for technical analysis. Identifying patterns within patterns on your charts and finding breakouts is crucial for making well risk managed profits.

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