Welcome to 2016!
Hello everyone and welcome to 2016. This week we kicked off the trading year with a great start. Let’s toast to a fantastic year filled with trading profits. I plan to be checking several new automated trade mirroring programs to generate even more trading profits for my account. If they are successful, we should have a great year in store for us.
One system I am going to check out is RYZE.Ai. From the website:
“Ryze.Ai Algorithm executes trading in the Currency and Commodities markets. The algorithm operates under a unique and proprietary trade strategy positioning trades as a bridge liquidity provider. Becoming a bridge liquidity provider removes speculation and makes the system a safe and sound investment tool.
The Ryze.Ai platform allows people to participate in the global currency market, which is the largest market in the world at 5.4 trillion dollars a day. The platform allows a customer to set up their own account and maintain control while having the Ryze.Ai platform execute trades on their behalf and maximize their account through its’ proprietary trade logic and Ai.”
Automated Trade Mirroring
This is an automated trading system I am evaluating.
What a way to ring in the New Year with 2 straight days of all winning trades! Hopefully, this portends great things to come for the rest of the year.
The table for the Euro-Trader for 1/4 and 1/5/2016 sums it all up:
FXSignalsLive Euro-Master-Trader Results for 1/4/2016 and 1/5/2016
|Open Time||Close Time||Open Price||Close Price||Lots||Type||Pair||Profit||Pips||Gain|
|2016-01-05 02:32:04||2016-01-05 03:01:28||1.08207||1.08193||.11||sell||EURUSD||1.54||1.4||.01%|
|2016-01-05 00:54:04||2016-01-05 03:01:28||1.08318||1.08193||.11||sell||EURUSD||13.75||12.5||.11%|
|2016-01-05 00:01:05||2016-01-05 03:01:28||1.08216||1.08193||.11||sell||EURUSD||2.53||2.3||.02%|
|2016-01-04 21:10:49||2016-01-05 03:01:28||1.08314||1.08193||.11||sell||EURUSD||13.31||12.1||.11%|
|2016-01-04 21:10:49||2016-01-05 03:01:26||1.08314||1.08193||.11||sell||EURUSD||13.31||12.1||.11%|
Non Automated Trading
This is a live trading discussion forum that I am evaluating as well. It seems to be sporadic as to when it occurs. I will keep everyone posted as more details become clear.
Live Trading Room London Session
Each weeknight here in the USA I have the opportunity to join a Live Trading Room London Session (via webinar) where experienced traders will step people through trading tools, trade setups, stops and profit targets for the London Forex market. During January the sessions are free for anyone to participate and I will attend. For people who wants to learn how to trade the Forex Market, this is another chance.
Weeknights from 12:00 AM to 2:00 AM Mountain Time.
I sat in Monday night for a while and there were several good trades. I haven’t set up a second account for personal trading yet, so I didn’t make the trades. Setting one up in on my to-do list for sure.
Daily Morning Live Trading Room
Another program related to the one above that I am evaluating has a live daily trading room early on morning in the USA. I will post updates as I become more experienced with this forum.
I haven’t been in the live trading room this week, as we are just completing our move from Hobbs, NM to Albuquerque, NM. It was quite the experience as a once in a decade snowstorm hit the Hobbs area and we were stuck. Everything was packed but the movers couldn’t come for another 5 days. But we finally made it here and plan to enjoy Albuquerque. One of the first things we saw was the river of lights holiday show at the Albuquerque botanical gardens. Enjoy before checking out more trading information below.
Albuquerque Botanical Gardens, Albuquerque, New Mexico
One more side note. We saw a show called the river of lights at the Albuquerque BioPark Botanical gardens on Saturday. They had created hundreds of beautiful light sculptures of everything from dinosaurs to hummingbirds. It was fantastic. Put it on your calendar for next year if you are in the area.
River of Lights
In the News:
A new year brings with it new news, or so it seems so far. When I last blogged Spain was the major news driving the Euro. Spain seems to have receded to the background for the moment. Emphasis on for the moment in that sentence, I think Spain will rear it’s head again before the election results bring in a new government. However, so far this year low inflation in the Euro Zone and global growth worries are weighing on the Euro. Turmoil in the Chinese markets also worry many because the Euro Zone can’t afford a more of a major slowdown in one of their key export markets.
Marketwatch Reports: “Euro falls to 1-month low versus dollar as global growth worries linger“
“The euro tumbled Tuesday to its weakest level against the dollar in a month as weak economic data from across the globe helped support the greenback ahead of Friday’s eagerly anticipated U.S. jobs report.”
“Adding to the pressure on the shared currency were preliminary data on eurozone inflation, which showed prices in the region rose by only 0.2% in December, a softer rate than economists had expected.” Read the full story.
See the EURUSD chart for 1/4/2016 – 1/5/2016 below:
Coming soon: discussions of various tools and indicators to aid your trading.
This is a great start to the New Year. If you would like to join me in trading this year, click on the image below.
If you have any questions or comments, please leave them in the comments section at the bottom of the page.
If you would like to discuss trading in detail, please feel free to email me as well. If you include your phone, I will try to call in a timely fashion. See you tomorrow!