GavaldaFX Forex Blog

TrendStuffer eXtended edition and VIP Club

Mark Gavalda — Sun, 09 Nov 2008 14:19:21 +0000

We are glad to announce the arrival of the latest version in the TrendStuffer Trading System series, the “eXtended edition”. We truly enter a new era in the history of the TSS as this is the first version that lets you take full control of our unique and highly acclaimed trading system. We introduced two parameters with which you can customize the internal calculations and optimize the core for your style and/or current price action. With the help of this feature now you can trade more than 150 currency pairs, various CFDs, stocks and commodities like Crude Oil also!

You can write custom EAs and Indicators using the base of our system as we unlocked the API letting our massive community create updates and upgrades and even completely new solutions based on the original TrendStuffer idea. For example it is now possible to scalp M1 charts, to integrate other indicators like the Heiken-Ashi and others, create new Expert Advisors with custom money management systems, etc. The options are limitless!

BUY IT NOW FOR AN INTRODUCTORY PRICE

At the same time we give you the VIP Club, that will be the home of the eXtended edition users, but also very useful for traders that don’t want to take advantage of the TSS, just receive intraday market analysis, news commentary, insider information, trading tips, live trading sessions every day, other system evaluations and a lot more! Learn to trade with the help from professional daytraders, experience new methods, diversify from Forex to Stocks and Commodities also! Don’t miss out!

JOIN THE VIP CLUB NOW

After a turbulent week in September

Mark Gavalda — Sun, 21 Sep 2008 07:08:20 +0000

I don’t know what’s going to happen next, I think no one does. But one thing is for sure: we’ll tell our children and grandchildren about what happened in September 2008, because for sure (at least some of them) will study about this historical economic situation.

I think technical and even fundamental analysis is literally useless these days, because when central banks put their hands into our game, we’re pretty much screwed… Let’s see what Mother Forex holds us for next week

Market outlook, and blog related news

Mark Gavalda — Mon, 11 Aug 2008 05:13:01 +0000

I had some hard time keeping this blog up to date, because I have started an other one which has the same topic, but is more related to my Forex trading system, namely the TrendStuffer.

So, after Friday’s awesome rally, one could think today will be a day of retracements, but I think else. Given that the war in Georgia is sending dark clouds over the air of EURO zone I expect the rallies of E/U to be very short lived, and also the fact that investors have to digest the -400pips drops in the same pair in only 24 hours tells me that we’ll see more selling action in the near future. The 1.5 magical support line got broken this weekend, and we closed the gap today in the asian session, so I assume the downtrend will continue from here.

Will post charts later, welcome to my forex blog, I hope you’ll have great trades this week!

Forex outlook: GBP/USD stuck in a channel

Mark Gavalda — Thu, 07 Aug 2008 21:54:12 +0000

Today was not so lucky for me, I was expecting a move to the upside from 1.9460 and I went long. As you can see it wasn’t a bright idea, I managed to get out early and reverse the position, but still in the red for today.
Looks like Cable is stuck, in a channel with at least three resistances (mostly intraday) and one support, so guess what, I will favor a downside breakout. From 1.9420 I will jump into a sell-off again, and only up from 1.95 I will consider bid… Looks like new winds blow for the USD, it’s gathering strentgh day by day.

Profits on GBP/USD breakout

Mark Gavalda — Wed, 06 Aug 2008 16:40:47 +0000

The USD related moves finally brought in some life to the market, as soon as the Cable broke out of the “channel” (technically was not a real channel) I went short and managed to get out at 1.9490 for a good 35 pips profit. I wasn’t around when the bears attacked again and pushed the price down again, oh well, only 51pips for today (yet)

Quick scalp for 10 pips on GBP/USD

Mark Gavalda — Wed, 06 Aug 2008 11:21:21 +0000

I spotted a “channel” on GBP/USD and when we reached the resistance line last time at 1.9545 I went short and exited at 1.9535 because the movement became flat. I will reenter at the bottom or if a breakout happens.

Took profit at +16pips overnight

Mark Gavalda — Wed, 06 Aug 2008 07:49:09 +0000

My GBP/USD buy position was closed while I was sleeping, because I put on a 15pips trailing stop, just in case. Price is very volatile this morning so I don’t have any problems with this 16 points profit now. We’re at a trendline support now which also formed during the night, if price breaks out to the downside I might consider a short position.

Going long on GBP/USD @ 1.9540

Mark Gavalda — Tue, 05 Aug 2008 23:29:14 +0000

Hey guys, Seems like there’s a good support at 1.9525, so I went long now at 1.9540, with a S/L at 1.9515 and TP up in the sky. Maybe we’ll see some retracement after they decided to hold USD rates at 2%…

ISM is expected to stay below 50

Mark Gavalda — Fri, 01 Aug 2008 13:46:57 +0000

Which would be negative for the USD. Last one was 50.2 about a month ago. If we see a higher value than 50, that could be the fuel the USD bulls need right now, to break below hard support lines faced after the NFP release.

NFP at -51k, good for USD, but for how long?

Mark Gavalda — Fri, 01 Aug 2008 12:58:30 +0000

I was trading GBP/USD, managed to take out +50pips, the direction of my forecast was okay, I was off of the actual amount though. I admit +5k was way too optimist, but clearly we can see that recent numbers, now including NFP, were better than expected, maybe this is another good kick for the USD bulls. As all this week, I will again look for another opportunity to go short on EUR/USD or GBP/USD and long on USD/CHF of course.