Q1 Forex Trading Statement

this year has started off with a bang. I released my 2015 Forex Analysis which should answer lots of questions about my sentiment on the market and the trades I make. i finished the first quarter of this year with over 49% in profits and that's only for my Forex trading portfolio. Below are all my results and some charts from the positions I held. If you would like to invest in the fund or join me as an associate trader please feel free to reach out. The lord is happy to hear from you.

Here is my initial account information from the beginning of the quarter.

Annual Return

Monthly Return

Monthly Net Profit 

Monthly Accumulative Net Profit

Equity Curve 

Here are charts from some of the best trades from this quarter.

Top 2015 Forex Trades

This year will be a good year for the Forex Markets. With a slew of important economic news coming out of the European and Japanese regions. Recently published, our 2015 Forex Outlook details the technical and fundamental factors that are the foundation for the trades in this report. The 3 major currencies USD, EUR, and GBP offer some of the greatest opportunities for growth based on analysis of fundamental analysis of upcoming news events and technical analysis of specific pairs that are directly affected by the news.  

USDJPY:

The USD has experienced some serious growth through 2014 and it looks as if this trend will continue at least half way through 2015. The BOJ wants to ignite some inflationary pressure on its economy through some more huge stimulus plans and the US wants to raise its lending rates this year. That equals a buy for the dollar and a sell for the yen. 

On this monthly chart we can clearly see that the USDJPY has rebounded substantially and following the trend is the name of the game. A good buy entry would be at 115.000 and an initial profit target is set at 125.000. The next profit target is 135.000. The stop loss limit for this target is 110.000. That's a 500 pip risk for a 2000 pip gain; 1:4 risk/reward ratio.   

EURGBP:
The EUR has been the bottom of everyone's trade since 2014 and with Greece's General Election results it looks like the selling will continue. The EURGBP is a perfect pair to take advantage of this situation with the technicals of this instrument are telling us the pressure to the downside is real.

The best entry to exploit this trade is to find resistance around .7800 and sell into the next major support at .7000. The stop loss limit for this .8000. These levels leave us with a 200 pip risk and a 800 pip reward; 1:4 risk/reward ratio.

EURUSD:
Still the most traded currency pair in the Forex Markets. On a monthly chart we see that the technicals have truly slid into bears' territory. The pair has broken below the major 1.2000 support.

The volatility of this pair leaves us with no choice but to trade this pair using wide ranges for our orders. The best sell entry is actually a zone. Between 1.19000 and 1.2050 is the recent support zone broken and will turn to our new entry zone. 1.35000 is the stop loss limit price. The best scenario and most probable will be the price of this pair dropping to parity at 1.0000. The next profit target will be .90000; That's roughly a 1:2 risk/reward ratio.  

GBPCHF:
The Swiss bank finally removed its CHF ceiling and has cleared a path for CHF bulls. The techincal truth about this pair is that the selling trend has been in demand for nearly a decade and the pair's price has moved below a serious moving average line.

A great entry level would be a sell from 1.50000. A stop loss limit would be perfect just above the high of the recent leg lower which is 1.55400. The lowest low is the profit target to aim for at 1.15000. That's a risk of 540 pips and a potential reward of 3,500 pips; roughly 1:6.5 risk/reward ratio!

These trades offer exposure to some of the Forex Markets most plausible and profitable fluctuations. They also work in concert with each-other creating synergy through the hedging strategy. We are buying the dollar through our EURUSD sell and USDJPY buy. We are selling the EURO through our EURUSD and EURGBP sells. We are safe from a flat GBP with our EURGBP sell and GBPCHF sell which will give us insight to the strength and market sentiment which is hard to analyze in the GBP at this point.  

EURUSD SIGNAL

The 1hr EURUSD chart has just made a beautiful divergence in Relative Strength and Price. The figure below shows us that the price of the pair is falling but the Relative Strength index shows us there is strength in the orders. This is called Positive Divergence The price dramatically changed from a negative day to a positive trading day in just  hour with the 11:00AM (EST) candle moving to the upside by 36.8 pips. A move above 1.296 could mean a move higher is in store for this pair; But I would consider this here a signal to look for an opportunity to buy at the bottom of a major correction. Stay tuned to find out if the EURUSD will show us more signs of a move to the upside!!

EURUSD SWINGING

So it's been about a week & a half and the EURUSD has been steadily declining but meeting some support around 1.336 as seen in the picture below. Interestingly enough we anticipated a spike up towards 1.35 but happy to see the momentum ended around 1.345 as also seen in the figure below.

Now the most important thing to remember at this point of the stalking/pre-trade of our 1.33 BUY. As of now we are 69.2 pips away from our entry target. 1.345 will be tested again so one could consider that price as a potential level to sell for a 150 pip gain towards 1.33; 1.35 can be used as the S/L for this set up. That gives you a 1:3, RISK:REWARD ratio trade with a 150 pip profit target seagwaying into you're big boy trade the 1:33 BUY. So let's what the rest of the week brings and trade hard. I'm in PA btw.