A Hawkeye Volume Setup for +90pips on the EURAUD

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A Hawkeye Volume Setup for +90pips on the EURAUD

Australian flag

There is no better tool to trade with than Hawkeye Volume!

Why?

I’m glad you asked. . .

Volume is a leading indicator, signaling the intentions of price ahead of time. You have heard it said that “Volume is the fuel that drives the market”. And traders all over the world gain the edge they are looking for when Hawkeye Volume is coupled with triple timeframes.

Hawkeye Volume and Price

Hawkeye makes volume price analysis simple. The Volume indicator shows whether buying or selling is dominating the market using simple color codes:  Red shows professional selling, Green shows professional buying, and White shows no demand. In other words, it doesn’t just tell you the volume, as with other trading software, but it actually tells you whether the volume is professional BUYING or professional SELLING.

Below is a nice example of a 15 minute EURAUD setup:

Hawkeye Volume leads to +90 pip EURAUD Setup

Notice how just before the big price move down, that Volume signaled the intent of price way before the trend began, shown by the oval and Red price bar extension. The red bar also has a Hawkeye Pivot (yellow dot). Therefore, we expect price to reverse 3-5 price bars after a Pivot. With opposing volume however, it is a compelling signal of market reversal. On top of that, we also see a Price Action Failure, shown by the aqua box on a triple top. Here, volume and price are working together to signal the intent of price to make a substantial move down.

The results were quite rewarding, as this example shows. Using the Hawkeye ATR Levels tool, a 8:1 Reward:Risk value was achieved, yielding a potential +90 pip trade. Note that the entry was a standard Hawkeye setup, following our 3-Step Entry/Exit Method. Our training courses teach this Method. These types of setups occur every day, and Hawkeye Volume is the best at showing you this action.

The Hawkeye Perspective

Don’t sit by and let trades like this pass you up. . .  As a core component of all our unique indicators, Hawkeye Volume leads the way to a trading plan that can generate consistent profits daily.


Join me in the next free LIVE Hawkeye Demonstration Room held every Wednesday at 9.30am EST US. You will learn more about volume and volume price analysis and see more examples and live trade setups. It is open to all.

Click this link for more information or to join us in class.

Learn to trade the Hawkeye way.

Randy Lindsey
Hawkeye Traders, LLC

How Important is Your Win-Loss Ratio?

How important is your win loss ratio?

In today’s article, I want to look at the win to loss ratio and its importance to a trading system.

Let me start by posing a conundrum; would you prefer to walk down the high street with a verified badge on your chest showing off a 92%-win loss ratio or would you prefer to drive down that high street in a top of the range sports car?

The bottom line is that the win loss ratio is just a measure of a system and we should only focus on being profitable.

What happens if we get fixated on our win ratio?

Focusing on our win ratio can result in premature exits from profitable trends, and holding losing trades far too long.  Systems based on a high win loss ratio are also higher risk. They usually result in few losses, but these losses are extremely large and can massively damage your account.

If we get emotionally upset by taking a loss then it suggests that we are more interested in being right than focused on being profitable.

What win ratio should we aim for?

The answer in short is that we should not focus on the win loss ratio as this is only a measure of our system. Our focus should be entirely on our trading rules; to make a profit.

How then should we use our win ratio?

Different trading systems need different win ratios to be profitable.

As an example, if a system has a win loss ratio of 2:1, and we risk $50 per trade, then a win will produce $100. In this scenario, so long as we have a win ratio above 34%, then we will be profitable.

To demonstrate this let us say that we take 100 trades and win 34% = 34 trades.

Wins = 34 x $100 profit = $3,400
Losses= 66 x $50 loss = -$3,300
Total profit $3,400 – $3,300 = $100.

Now, taking 100 trades to only make $100 is not profitable. So setting a minimum 50% win ratio would be more reasonable to trade this system, which yields:

Wins = 50 x $100 profit = $5,000
Losses= 50 x $50 loss = -$2,500
Total profit $5,000 – $2,500 = $2,500

We then test the system over 10 rounds of 100 trades and find out if the system is profitable.

If the system is profitable, we then focus entirely on the trade rules and executing the trades. We are not concerned about losing trades since we only need to win 50% of our trades, and that the system will provide that.

Closing out trades the Hawkeye Tomahawke FX Suite

In the Tomahawke scalping system, the strength of a currency can quickly change since we are trading fast time charts. If we focus on the current combined profit of all trades at one time, and reach our profit target, we should be happy to close out the trades, even if 4 are profitable and 2 are losing trades, as shown in the example below. Don’t be concerned that the -$5.04 trade would be counted as a losing trade as its value is insignificant to the overall profit.

Tomahawke Win Loss Example Chart

In summary, my hope is that this article has helped you think about win loss ratios in trading. Understanding win loss ratios will aid you in becoming a better trader.

If you would like to find out more about the Hawkeye Tomahawke system, please visit us at https://www.hawkeyetraders.com/tomahawke-forex-trade-room/

 


 

Learn more about volume and volume spread analysis, and see more examples of live trade setups in the next free LIVE Hawkeye Demonstration Room held every Wednesday. Open to all. Click this link for more information or to join us in class.

Learn to trade the Hawkeye way.

Good trading,

Randy Lindsey
Hawkeye Traders, LLC

Let Hawkeye Volume Lead the Way

There is no better tool to trade with than Volume, and Hawkeye Volume is the Best!

Why?

I’m glad you asked. . .

Volume is the only leading indicator that signals when price is about to move prior to it happening. You see, Volume is the fuel that drives the market. And when you couple this with triple timeframes, you have a combination that gives traders all over the world the edge.

Hawkeye Volume displays whether buying or selling volume is dominating the market. In other words, it doesn’t just tell you the volume, as with other trading software, but it actually tells you whether the volume is professional BUYING or professional SELLING. This is displayed in a simple and visual way: red shows professional selling, green shows professional buying, white shows no demand.

Below is a great example of a EURJPY setup this morning:

EURJPY Chart Example

Notice how just before the big price move down, that Volume signaled the intent of price 9 price bars (45 minutes) before the trend began. It is shown by the Red price bar extension with a Hawkeye Pivot (yellow dot). This is significant in that we expect price to reverse 3-5 price bars after a Pivot, but with opposing volume also, it is a compelling signal of market reversal.

In this example, it was quite rewarding, as you can see using the Hawkeye ATR Levels tool, a 6:1 Reward:Risk was achieved. These types of setups occur every day, and Hawkeye Volume is the best at showing you this action.

The Hawkeye Perspective: Don’t sit on the sideline and let trades like this pass you by. . . Hawkeye Volume leads the way and is the core component of all our unique indicators.
 


To learn more about volume and volume spread analysis, and to see more examples and live trade setups be sure to join me in the next free LIVE Hawkeye Demonstration Room held every Wednesday at 9.30am EST US. Open to all.
Click this link for more information or to join us in class.

Learn to trade the Hawkeye way.

Randy Lindsey
Hawkeye Traders, LLC

Part II – Why Volume is So Important

In last week’s video newsletter, I highlight a short trade in GBPJPY which was a beautiful example of volume leading the way to price action. In that example, I used a lot of the Hawkeye tools in harmony to show volume and price action working together.

Today, I want to show you “Part II of Why Volume is So Important” from the perspective of Hawkeye Volume tools ONLY. You should see quite easily how understanding Hawkeye Volume can give you a distinct advantage (the EDGE) in your trading.

Why Volume Is So Important - Part II (Video)

Last week’s newsletter was shown on the NinjaTrader Platform. This week’s newsletter was shown on the MT4 platform.

Be sure to join me in the next LIVE Hawkeye Demonstration Room every Wednesday to see more examples and live trade setups.

Learn to trade the Hawkeye way.

We demonstrate this and many other methods in our live demonstration room held every Wednesday, and this is open to everyone. Click this link for more information or to join us in class.

Good trading,

Randy Lindsey
Hawkeye Traders, LLC

Why Volume is So Important

In today’s video blog, I highlight a short trade in GBPJPY which is a beautiful example of volume leading the way to price action.

The Hawkeye tools were spot on again.

092416 Video Blog

Be sure to join me in the next LIVE Hawkeye Demonstration Room every Wednesday to see more examples and live trade setups.

Learn to trade the Hawkeye way.

We demonstrate this and many other methods in our live demonstration room held every Wednesday, and this is open to everyone. Click this link for more information or to join us in class.

Good trading,

Randy Lindsey
Hawkeye Traders, LLC

An Important Week for the British Pound

This coming week will be very important for the British Pound.

Why? Well look at the Hawkeye Fatman.

Fatman Daily Chart

Fatman Daily

I have deleted the other currencies so we can clearly see the USD (cyan) and GB Pound (brown).

At the first cyan arrow the two currencies are trading in the same direction, followed by the magenta arrow where they are again both in the same direction. On the daily chart below this is represented by the white congestion dots on the Hawkeye Trend.

But now look at the second cyan arrow, the USD is rising and the Pound continues to decline.

GBPUSD Daily chart

GBPUSD Daily

I have displayed just the volume off the daily chart shown on the middle plot, and have used the Roadkill 3-day volume on the bottom plot.

Note that the volume has shown no demand on the 3-day (white volume), reverting to selling volume on the last 2 bars. The daily volume above has 6 bars of selling.

Now look at the price. The Hawkeye Trend has gone back into downtrend. I have placed a yellow line from the last major Hawkeye Pivot, if this is taken out, LOOK OUT! It is in freefall.

We demonstrate this and many other methods in our live demonstration room held every Wednesday, and this is open to everyone. Click this link for more information or to join us in class.

Good Fortune,

Nigel Hawkes
Hawkeye Traders

[The magenta and cyan arrows are for illustration only and do not form part of the software]

Where The Money Is.

One of the main questions I am asked is – what market shall I trade?

My answer is – any one where there is a feeding frenzy.

At the moment this is the British pound, the grain and agriculture complex, gold, oil, and to specialise in one market intra-day I recommend the US bonds.

And most important of all is the timeframe. PLEASE do try and trade the longer timeframes, that’s where the money is.

So let’s have a look.

Hawkeye FX GBP
FXGBP Daily Charts

Here is the new colour coded Hawkeye Tomahawke chart of all the GBP crosses.

See the many opportunities to trade on big news with Brexit. But this can also be replicated with the Euro.

Soy Beans and Hogs
Soy Beans

Live Hogs

Examples of the grain and agriculture markets. As you can see these markets are in defined trends.

US Bonds
I love this market. Why? Because you get long, defined trend runs.

US Bonds Weekly Charts 
Bonds Weekly

Just look at the weekly uptrend since the beginning of 2016, making sure you only take long trades on the daily chart.

Now, if you go to your intra-day charts you know only to look at long trades where there is lower risk.

US Bonds Daily Charts
US Bonds Daily Chart

By reading the chart the Hawkeye way, using volume and price, you can clearly see a recent double top. Two yellow dots (indicated by the magenta arrows) at the last market high, then retracing to the Hawkeye stop at the green crosses (indicated by the cyan arrow).

You know you are in congestion and pull back in the weekly trend. So, only longs to be considered till the weekly changes to a down trend.

We demonstrate this and many other methods in our live demonstration room held every Wednesday, and this is open to everyone. Click this link for more information or to join us in class.

Good Fortune,

Nigel Hawkes
Hawkeye Traders

[The magenta and cyan arrows are for illustration only and do not form part of the software]

Get Ready To Say Bye-Bye To The Euro

Just before Christmas, I said that 2016 there would be a great trade in gold and that certainly is the case so far. So I hope some of you loaded up on the one stock that I really like – Newmont mining, NEM.

Now it’s the turn of the Euro.

Europe is in a mess, with a huge migration problem and steady discourse between member states on how to react to this problem. This ultimately, I believe, will be the catalyst that drives the Euro path as each country looks after its own interests and citizens. Unlike America, that just has one central bank, each country in Europe still has its own central bank which can make its own decisions, which ultimately each will do.

The Euro since 2008 has had a 32% decline and this is supposed to be a major currency. So let’s look at the charts as I believe we will have a great opportunity to trade on the short side.

Euro Monthly Chart
Euro Monthly Chart

Since the beginning of 2009, the Euro has been in decline and right now is entering congestion on the monthly with overhead resistance (where I have placed the blue line). However, if the low of 2015 is taken out, brace yourself!

Euro Weekly Chart
Euro Weekly Chart

This market timeframe is displaying classic congestion with choppy volume between selling, no demand, and short-lived rallies on buying volume.

Notice where the price went right up to (where I have placed the magenta arrow) which coincides with the Hawkeye barrier which generated a yellow Pivot.

We now need to see this market come back and take out those April lows

Euro Daily Chart
Euro Daily Chart

As you can see from where I have placed the cyan arrow, the price is choppy and the Hawkeye Trend dots have gone flat, signaling more congestion.

We now have to wait for a Hawkeye Pivot high to come in which will push the market back down. And, subject to a close under the low Pivot 1.0825, we will have have the end of congestion with an exit to the downside and can get into this trade, bearing in mind the other timeframes resistance and support areas.

Hawkeye Perspective
As I have with gold, I’m highlighting a position trade here which could last for several months.

Eventually, I do believe a great opportunity will come our way this year.

We demonstrate this and many other methods in our live demonstration room held every Wednesday, and this is open to everyone. Click this link for more information or to join us in class.

Good Fortune,

Nigel Hawkes
Hawkeye Traders

[The magenta and cyan arrows are for illustration only and do not form part of the software]

Not Too Late To Reap These Rewards

I will keep it short this week as I wish to follow on from last week that we have the opportunity in the GBP pairs for substantial gain.

Do try and trade the longer time frames and hold even if it is a micro lot.

If you feel you have missed the market just wait for a pullback in the faster time frame.

In this example below on the 480-minute (a third of a day) the magenta arrow shows the start of a downtrend.

GBPJPY 480 Minute Chart

GBPJPY 480 Minute Chart

The daily and weekly charts are also in a downtrend.

GBP Daily & Weekly Charts
GBPJPY Daily Weekly Chart 1
GBPJPY Daily Weekly Chart 2

Wait until the 480 minute pulls back to green, then heads back to red. Now you have all three in the same direction and you can take a low-risk trade.

This technique applies to any three time frame set up.

I would also like to congratulate Chris T., who is a Hawkeye trader, in his first month of going live from sim achieved 386 pips. Good work!

We demonstrate this and many other methods in our live demonstration room held every Wednesday, and this is open to everyone. Click this link for more information or to join us in class.

Good Fortune,

Nigel Hawkes
Hawkeye Traders

[The magenta arrows are for illustration only and do not form part of the software]

Great Forex Opportunity and the Hawkeye View on Crude

Forex GBP
There is fundamental news over the next week on the GBP as the UK tries to negotiate a better package with its membership of Europe, which will result in an in/out referendum.

The markets don’t like uncertainty so there will be many fabulous opportunities to trade the GBP FX Pairs.

GBP Pairs Daily Charts
FX Pairs Daily Chart 1
FX Pairs Daily Chart 2

All are exhibiting a downtrend and the magenta arrow on the daily Fatman shows there is still some way to go.

All are at critical support levels and this coming week will show if this support holds.

GBP Pairs Weekly Charts
FX Pairs Weekly Chart 1
FX Pairs Weekly Chart 2
All Pairs except the GBPCAD are in downtrend with little support below.

The cyan arrow on the Fatman shows oversold. But with the daily Fatman still in downtrend the weekly could stay down here for some time.

How To Trade
Go and look at the lower time frames i.e. 30 minutes, and only take shorts.

Crude Daily Chart
Crude Daily Chart

Regardless of production cuts, or what is said at the next OPEC meeting, crude oil is still in a strong downtrend.

You can see whatever positive news props the market up for a day or two is quickly met with sellers.

The market has not had more than three positive days in a row in well over a year.

Rallies should be viewed as selling opportunities.

Hawkeye Perspective
When a market has been in a downtrend for this long it is not going to turn around quickly.

It is going to take much more than one country cutting production to put a bottom in crude.

We demonstrate this and many other methods in our live demonstration room held every Wednesday, and this is open to everyone. Click this link for more information or to join us in class.

Good Fortune,

Nigel Hawkes
Hawkeye Traders

[The cyan and magenta arrows are for illustration only and do not form part of the software]

My Favorite FX Pairs

I am showing you my main workspace this week.

Favorite FX Pairs

These are my favorite pairs that seem to give constant results. One of the problems with FX is that there are so many pairs, so I stay focused and just look at these on any time frame.

Look at the 15 minute Fatman on the right of the chart which shows the pairs with the lowest risk of trading. I look at the extremes.

Look right at the end of the day to see the British pound (brown line) became overbought and the Aussie dollar (red line) started to rise from oversold, as was the CHF.

I suggest you don’t trade the CHF as it has a large margin requirement.

If you change this chart to 30 minutes the same powerful set ups are there. Remember the Fatman changes to 90 minute.

It still amazes me how the Fatman hits the trades on any time frame – right on the nail.

We demonstrate this and many other methods in our live demonstration room held every Wednesday, and this is open to everyone. Click this link for more information or to join us in class.

Good Fortune,

Nigel Hawkes
Hawkeye Traders

Do You Have Patience?

I had an extremely distressing email this week from a user who after my last gold email went long. I specifically said that gold was in accumulation and would zigzag till weekly resistance was broken. AGAIN THIS REINFORCES THAT THESE NEWS LETTERS ARE FOR EDUCATION ONLY.

So lets look at gold again and my opinion has not changed 

Weekly Gold Chart

Gold Weekly Chart

The price is in a Hawkeye Zone, indicated by the cyan arrows. Now look at the Volume – four red and one green bars, followed by two red bars. But the last two red Volume bars have no effect on the price. The Zones are holding and the Hawkeye Trend dots are starting to go flat = no momentum.

Daily Gold Chart

Gold Daily Chart

Thursday there was a down day and volume was rising, but not enough with the range of the bar to show aggressive volume. Hence, on Friday the price rallied and closed at the Hawkeye Trend dot on declining volume, indicating no follow through on the previous selling.

Look at the two dotted lines indicating the congestion zone.  I do hope you guys really study the Six Ways a Market Moves.

Hawkeye Perspective

Still in accumulation mode, the longer term bias is short, so wait until the weekly goes long, but it could be a great trade for 2016.

We demonstrate this and many other methods in our live demonstration room held every Wednesday, and this is open to everyone. Click this link for more information or to join us in class.

Good Fortune,

Nigel Hawkes
Hawkeye Traders

[The cyan arrows are for illustration only and do not form part of the software]

Using the Fatman to Get Fat

There has been a lot in the Hawkeye Skype room this week on the many ways to interpret the HAWKEYE FATMAN currency strength indicator, and many comments that many traders find it hard to hold a trend and come out far too early. So lets look at a simple strategy.

Fatman 90 Min Chart
fatman2
This is set to 90 minutes (3 times the speed of my fast chart) as i am trading off the 30/60/120 min charts, which gives many low risk trade entries. Look where I have placed the magenta and cyan arrows…both at extremes, showing weakness in the Aussie dollar (red) and strength in the euro (green) which equates to a low risk entry.

EURAUD 30 Min Chart
euraud3
Where the first cyan arrow is the Hawkeye volume roadkill cyan dot, indicating a buy. The other 2 time frames; 60 and 120 min charts, are both displaying green buying volume and green trends with rising trend dots; so BANG entry.

Now to the difficult part…staying in the trend. THIS IS WHY YOU HAVE TO LEARN 6 WAYS A MARKET MOVES.

Look as the trend unfolds, there are two areas of congestion indicated by the blue boxes, and each time after a pause it breaks out and continues trend run. We knew that the bias was to the upside as both the 60 and 120 minutes are in solid uptrend, so hold tight…the market is just pausing.

Now look at the last several bars and you can see the trend dots starting to crunch up…this is consistent with the Fatman showing the AUD and EURO approaching the oversold and overbought area, so time to exit trade.

Hawkeye Perspective
By understanding “6 ways a market moves” keeps you safe and stops you mentally hijacking yourself.

We demonstrate this and many other methods in our live demonstration room held every Wednesday, and this is open to everyone. Click this link for more information or to join us in class.

Good Fortune,

Nigel Hawkes
Hawkeye Traders

[The cyan and magenta arrows are for illustration only and do not form part of the software]

Is this the start of US Dollar strength?

The euro had a break down on Thursday and Friday. Why? Well, Europe is a mess – with the huge number of immigrants from the Middle East, the European Central Bank hinting at more QE, and exceptionally high unemployment.

Technically? Well, let’s look at the charts, starting with the EURUSD monthly.

EURUSD Monthly

Since July 2014, there has been selling volume (indicated by the lower magenta arrow) as price exited the Hawkeye Zones (the upper magenta arrow), red selling volume continued and Hawkeye Trend went to bearish.

EURUSD Weekly Chart

In the weekly chart we can see that since early August the euro has been in congestion (indicated by the cyan arrow), price went to the Hawkeye stops (indicated by the magenta arrow) – which, as I have pointed out many times, is an area of resistance.

On Friday Hawkeye showed selling volume, and is now indicating a further bias to the downside.

EURUSD Daily Chart
The daily chart shows us how price has tested the Hawkeye Zones and been rejected (indicated by the upper magenta arrows), volume has been short all week (indicated by the lower magenta arrow), and the Wide Bar (indicated by the yellow arrow) has been taken out with a lower close on Friday.

Hawkeye Perspective
Weakness across all time frames. Look for support at the Zone areas shown on all time frames, but a test of the monthly Hawkeye Zone area is on the cards.

We demonstrate this and many other methods in our live demonstration room held every Wednesday, and this is open to everyone. Click this link for more information or to join us in class.

Good Fortune,

Nigel Hawkes
Hawkeye Traders
Understanding Price and Volume: Now that’s trading!

[The cyan and magenta arrows are for illustration only and do not form part of the software]

The Next 5 Minutes Could Change Your Trading Results Forever

There is no end to the debates among active traders about the pros and cons of swing trading vs. scalping. And the debate has been going on for years. However, in my opinion, two of the greatest failings of most traders are:

  • They trade on too short of a time frame
  • They fail to hold their trades for the maximum profits.

So, in this week’s article, I will highlight how to resolve these two problems by swing trading with Hawkeye indicators.

Below, I’ve included six charts in different time frames and markets. They span everything from stocks to bonds and commodities to Forex. Frankly, I could have included dozens of charts, because these principles of swing trading apply in any market. And by using Hawkeye indicators, finding extremely profitable entries and exits is easy.

The key thing to remember is to wait for the best entries, when all three time frames are in agreement. To illustrate, on each chart, I’ve marked the point where all time frames are in agreement and we are presented with a safe and easy entry as marked by the red and cyan arrows.

In every case, you can see that by waiting until all three timeframes are in agreement, you can enter a long and profitable trend. Then, by holding the trade until your profit target is hit, or you are stopped out, you can make significant profits without all the flurry of trying to get in and out with scalp trading.

Please take a few minutes to carefully study the charts below.

Stock – (Google)

Stocks - Google

Forex – (AUDNZD)

Forex - AUDNZD

Crude

Crude Oil

US Bonds

US Bonds

Stocks – (BHP)

Stocks - BHP

Forex – (AUDUSD)

Forex - AUDUSD

Now, all of this (and much more) is demonstrated in our Wednesday room by my colleague Randy Lindsey.

So, I cannot encourage you enough to come along to the Wednesday room.

Click Here To Reserve Your Seat

Good fortune,

Nigel

Please contact us at [email protected] for any questions you might have about using Hawkeye Indicators in your trading!

[The red and cyan arrows are included for illustration only and do not form part of the software]

ANNOUNCING: An Exciting New Breakthrough For Intraday Traders

One of the biggest challenges intraday traders face each day is determining what time frame to trade. That’s why I developed Hawkeye’s Gearbox and Gearchanger.

These world-class innovative tools show you, day-in and day-out, the absolute best way to trade the markets using tick charts.

So in this article, I will walk you through how these tools work to give you much greater insight into what’s really going on in the markets and how to trade them more profitably.

On the right hand side of the chart below, notice that there are four labels. First, there’s 5816 which represents the slowest tick speed trade you should currently consider using.

Next, there’s 2908 (marked in yellow), which is the medium time, followed by the blue, which is the fast time. And finally, the cyan is the ultra-fast time frame you should use for scalping.

Emini Gearbox

As an illustration, just as a cyclist has to change gears when they approach a hill, we as traders need to change gears as market conditions change. For example, look at the spikes on the above Gearbox chart. Notice how at one point, it goes up to over eight thousand ticks and then, drops right down to under 5000 ticks.

Obviously, as market conditions change like this, our approach needs to change, because we must trade in harmony with the speed of the market. And that’s what the Gearbox does. It shows us what tick speed to use. And the best part is that this works on all trading instruments including forex, stocks, and commodities.

Now, Gearbox is coupled with a second tool that I call the Gearchanger, which is displayed in the multi-color chart below.

Emini Gearchanger

When the GearChanger is blue, you should be trading in the fast tick speed. When it’s yellow, it tells you to trade the normal speed. And when it’s red, it’s telling you the market has slowed down, so you should trade at a slower speed.

Let’s continue with an example of using Gearbox on the EURUSD currency pair.

EURUSD Gearbox chart

See how the tick speed fluctuates a lot each day? And when we couple this with our EURUSD Gearchanger chart below, you can see how it tells you exactly what tick chart to trade in harmony with the market as it speeds up and slows down. As you learn more about these tools, you’ll come to realize how powerful these two tools can be in your trading.

EURUSD Gearchanger

Also, if you are a stock trader, these two tools can also help your trading. Here’s an example using them on Netflix (NFLX).

NFLX Stocks Gearbox Chart

Notice the amazing amount of volatility on the chart! If you were just trading a time chart, you would have no visibility into what was going on with all this time volatility. Using a 5 minute chart would be far too fast when this is at the top around 900 ticks. And, it would be far too slow when you are at the bottom about 89 ticks.

And next, here is the Gearchanger on NETFLIX which throughout the day would tell you which chart to look at and which chart to trade from:

NFLX Stocks Gearchanger

So, in conclusion you can see how powerful these two tools are. Every day and throughout each day, they reveal what is the best tick speed to trade with. If you haven’t been successful in intraday trading yet, this is the key that you have been looking for, especially when coupled with Hawkeye Volume.

Now, all of this (and much more) is demonstrated in our Wednesday room by my colleague Randy Lindsey.

So, I cannot encourage you enough to come along to the Wednesday room.

Click Here To Reserve Your Seat

Good fortune,

Nigel

Please contact us at [email protected] for any questions you might have about using Hawkeye Indicators in your trading!

 

How Hawkeye Makes Trading The Yen So Easy And Profitable!

Today, I will analyse the Yen with the use of my Hawkeye indicators. Interestingly, the Yen has recently broken out of a six month trading range on the monthly chart. Also, the fundamentals are that the Japanese economy is fighting deflation. So, they will continue to try and push their currency lower until this deflation is completely out of their system.

If we look at the monthly chart, you can see from the beginning of 2012, where the green dots came in, it’s been in an uptrend. In other words, the Japanese Yen has been weak, and the US dollar has been strong.

USDJPY Monthly Chart

The USDJPY pair has gone from about 75 to over 125, which is a huge run. But more importantly, look at the dotted lines I have put on the chart. The dotted line marked a is drawn off the high of six months ago. And you can see that it consolidated for the period I have marked with a red circle. Also, you can see at the line marked b, it has broken out of that consolidation heading up past the high in 2007 (which is circled in a red over on the left hand side).

So, it looks again that this currency is going to break out to the upside. So, whatever you do, do not even begin to consider going short at this point!

Now, let us have a look at the weekly chart. First off, notice how I’ve I placed three cyan arrows to mark various great entry points.

USDJPY Weekly Chart

Frankly, I could have placed five or six, because the uptrend continued on the monthly. So, if you simply bought the dips on the weekly, you would make substantial profits all the way up to where we are now. Without a doubt, there’s been easy money to be had in this pair.

Finally, let’s take a look at the daily chart.

USDJPY Daily Chart

Of course, since the daily chart is a faster time frame than the weekly, it gets a bit more choppy. But, yet again, I’ve marked three great opportunities to get long in this market with the cyan arrows. So, definitely consider buying the dips, and don’t go short until Hawkeye specifically tells you to.

And just as an aside, PLEASE try to trade the longer time frames. For example, the daily, and if possible, even the weekly. Unfortunately, most Hawkeye traders try to trade the faster time frames.

However, the money is not there. The money is in the longer hauls. That’s where the hedge funds are, and that’s where you should be.

Good trading,

Nigel

We demonstrate this and many other methods in our live demonstration room held every Wednesday, and this is open to everyone. Click this link for more information or to join us in class.

Please contact us at [email protected] for any questions you might have about using Hawkeye Indicators in your trading!

[The cyan arrows are for illustration only and do not form part of the software]

Is The Euro On The Verge Of Collapse? What Does Hawkeye Say?

If you look at the daily Fatman indicator, you can see that I have placed a red arrow at the top by the green line, which is the Euro. It is in overbought territory and starting to bend over, so we are expecting a decline.

Hawkeye Fatman

If we look down at the bottom of the Fatman, I have placed cyan arrows, where we can see the three currency pairs, namely the New Zealand Dollar, the US Dollar, and the Japanese Yen are all in oversold territory turning up. This is going to be the start of the move on the Euro to the downside when this gets underway. So, keep your eye out for this Euro move. It will take time to develop, and it should be quite a substantial move, certainly back down to the lows of 1.06, which it has tested before.

Now, if we look at the EURUSD daily chart, you can see that the daily is in an uptrend.

EURUSD Daily Chart

However, on Thursday and Friday, it generated the last isolated high that I have circled with the red arrow (in fact, all the daily charts except the Swiss Franc are putting in Pivot highs). You can also see that the Trend dot is starting to go flat. It is still rising, but it’s not showing any momentum. And if we look at the bottom at the red arrow down, you can see that the Volume is neutral. So, I would expect, having seen what the profile of the Fatman is, that we will see a termination of this up trend coming in this week.

If we look at the weekly chart below, you can see that where I’ve placed the red arrow, we have 50% of an isolated high, the Hawkeye Pivot, which is indicated by a higher high and a higher low than the previous bar from last week.

EURUSD Weekly Chart

Now, if this coming week gives me a lower high and a lower low, a yellow Hawkeye Pivot will occur there, which will indicate that we are settling into a minimum of three, five, or seven bars of decline. That also coincides with the last isolated low that you can see pushed up the market three bars, which is what I would expect to see off isolated highs and lows. I’ve always said that they normally go three, five, seven bars in the opposite direction of the overall trend. So, we are on the third bar of the opposite of an overall trend, which is the trend down. And we would see this week, hopefully, that you get that isolated high, the yellow dot comes in at the end of the week. The Trend dot would also go flat indicating that there’s no momentum in that uptrend at all.

Now, if we come to the monthly chart, you can see that I’ve placed a red arrow on the current bar that’s being built.

EURUSD Monthly Chart

As it is at the moment, that is 50% of an isolated high. Again, in other words, it has a higher high and a higher low than the previous bar. So, if next month is a down bar, that again will print a yellow Hawkeye Pivot on that bar. Also, if we look at the Volume, which I’ve circled at the bottom, you can see that it goes red, no demand, red, no demand. Again, showing us that there is no demand for, or buying volume, in this up move that’s coming in.

So, in conclusion, we’ve had an up rally in the daily, which looks as if it’s stalling out and reverting back down onto the weekly and the monthly direction of the Euro. The Fatman on the daily also shows that the Euro is solidly overbought and a decline is expected.

Always use caution, wait for the perfect shot, wait for the setup and you will be successful.

Good fortune,

Nigel

We demonstrate this and many other methods in our live demonstration room held every Wednesday, and this is open to everyone. Click this link for more information or to join us in class.

Please contact us at [email protected] for any questions you might have about using Hawkeye Indicators in your trading!

[The red and cyan arrows are for illustration only and do not form part of the software]

How To Boost Your Profits With The “Money Bounce” and “Key Reversal” Signals

In our weekly training rooms, I teach about Hawkeye Volume to help our traders understand the concepts behind volume trading. Today, I will show you how supply and demand zone theory, coupled with volume theory, can yield fantastic results to your bottom line.

Today’s trading gave us several great examples of what we call the “Money Bounce” and a “Key Reversal” signal.

A Money Bounce is defined as follows: Whenever you have a new supply/demand zone formed, the Hawkeye Zones will color it cyan. The first time price returns to this cyan colored zone, as shown by the first green arrow in Figure 1 below. That is the point where you have the highest probability of a reversal occurring.

TF Trade 04/28/2015 Money BounceFigure 1. TF Trade 04/28/2015 showing Money Bounce.

Once price exits the cyan colored zone (the first bounce), Hawkeye Zones will automatically change the color to blue, signifying that price has hit that zone one time. That way, it is very easy to look at any zone and determine by its color how many times price has visited that zone in the past.

Trading the Money Bounce is straight forward – high probability and low risk. We teach entries using multiple timeframes and our 3-step entry method (come to class to learn this valuable method). But on the 250 tick chart shown in Figure 1, the second green arrow points to the entry point of the short based on the Money Bounce. That is the point where our Trend, Volume, and Momentum (Heatmap) all agree and give us a great entry point short. The target for the trade is given by our shorter and longer timeframe Hawkeye Zones, which were 1248.0 and 1238.0 respectively.

Figure 2. TF trade 04/28/2015 Reversal point and targets.Figure 2. TF trade 04/28/2015. Red arrow shows reversal point, and green arrows show targets.

OK, so you can now see how we profit from a Money Bounce. These types of trades occur more often than you think, and we teach these methods in our weekly training room to all our Hawkeye members.

Now, let’s look at the follow-on Key Reversal using Hawkeye Zones and Hawkeye Volume to identify another high probability, low risk entry point.

Figure 3. TF Trade 04/28/15 Exhaustion and Key ReversalFigure 3. TF trade 04/28/2015 showing short target and volume reversal signal inside demand zone, with partial Hawkeye Pivot low forming, indicating exhaustion and key reversal.

Referring to Figure 3 above, notice that after the price hit the 1238 blue demand zone, the price bar closed higher than the open, and Hawkeye Volume painted it green, signifying that buyers have now entered the market and the short move has entered exhaustion. The following price bar is also showing that we have half of a Hawkeye Pivot forming, telling us to expect three to five price bars of reversal price action.

Figure 4. TF trade 04/28/15 Key ReversalFigure 4. TF trade 04/28/2015 showing Key Reversal, Hawkeye Pivot, and target point at 1252.

As expected, we now see from Figure 4 that the pivot did indeed form, and we have three reversal price bars on the chart. The green arrow points to the target based on our Hawkeye Zones (the target is the next zone of opposite type, which in this case is the supply zone at 1252.0).

Again, trading the reversal is shown in Figure 5, where the long was entered when the Hawkeye Trend, Volume, and Heatmap all agreed on our 250 tick chart, with targets at 1252.0 and 1253.3 respectively.

Figure 5. TF trade 04/28/2015 long entry point and target.Figure 5. TF trade 04/28/2015 showing long entry point and target.

As shown in Figure 5, the summary trades yielded 11.2 TF points to the short side, and 11.9 TF points to the long side, which equates to $2,310 per contract traded. Not too bad for one hour of work!

In summary, learning how to trade using Volume coupled with supply and demand theory can significantly add to your bottom line. If you are a Hawkeye Member, you get all this training for free. If you are are not already a member, CLICK HERE to get our Volume Starter Package, and start coming to our special Thursday training for members only.

Otherwise, we demonstrate this and many other methods in our live demonstration room held every Wednesday, and this is open to everyone. Click this link for more information or to join us in class.

Good trading,

Randy

Please contact us at [email protected] for any questions you might have about using Hawkeye Indicators in your trading!

[The red and green arrows are for illustration only and do not form part of the software]

Never Hijack Your Trading By Second-Guessing The Hawkeye Indicators

Let’s begin this week’s newsletter by looking at the weekly chart of the ES. As you may remember a week ago, I said that we were in a topping formation on the S&P.

ES Weekly 042115

And we can certainly see this in this weekly chart. Notice where I’ve placed those red arrows at the top of the chart and how they are all bearing down on where the Hawkeye top pivot is. (That’s the yellow line extended to the right, and underneath the red arrows).

Now that pivot was put into place on February 27, and since that time, we have been visiting that price area five times. Also, notice how the trend dots have gone flat, indicating congestion.

So, we have our congestion parameters set up there between the top and bottom pivot line extensions. Also, notice where I’ve circled the volume at the bottom. You can easily see how that is indicating total distribution volume, where it is alternating between red, green, and white.

Of course, when you are in trend runs, you get nothing but green and white volume and an occasional red testing volume to test whether the market is solid. But this time, the market isn’t solid, and it’s going sideways. So, it has to breakout of that pivot high extension (the yellow line to the right), to show that we are in the trend.

At the moment, we are in congestion, and you can play this quite easily on your daily charts by knowing where those two levels are, and selling it when it approaches the top line, and buying it when it approaches the bottom line. But, that is a skillful and more advanced trading skill then trading a trend run. But, knowing where you are in the market, certainly helps your intraday trading too.

Now, let’s look at our second chart, which is the GBPJPY.

GBPJPY daily 042115

Last week, I indicated there was a potential trade to the downside coming, and that was indicated where the second blue arrow was pointing up. And if you remember, I said that if it breaks underneath that bar (the yellow pivot line), with no part of it touching it, then we have a breakout to the downside.

I also said that those who are aggressive traders could trade that pivot extension break, if there was a close underneath it. But, as you know, being aggressive means you are taking on more risk. And sure enough, it never happened, because after the second arrow, you can see the price went up to the pivot extension, indicated where I placed the first blue arrow. You can see that that yellow pivot line extension, it went up and visited it again, and the close was greater than the open, so it would have totally invalidated any entry.

The next day, it went up and actually straddled the price line again. So, you can see that now, volume is coming in to the upside, and it will be pushing it up to probably test the Hawkeye stops, where the red cross is above the price.

So, pivots and their pivot line extensions are very important and should be considered as elastic bands and not as rods of steel.

So, if you are doing swing trading or position trading, always wait for a break where no part of the bar touches the pivot that was last formed. Also, remember the other Hawkeye rule that we use, and I’ll give an example of an uptrend here. The close has to be greater than the open and in the top 40% of the range.

So, in summary, to really understand the power of the Hawkeye pivots and their extensions, you can see in these two examples we have been talking about in our recent newsletters have absolutely played out, and have kept you safe in the market. Ultimately, they have shown you where the market is and how to trade it accordingly.

Good fortune,

Nigel

We teach this and many other methods in our live training room held every Wednesday. Click this link for more information or to join us in class.

Please contact us at [email protected] for any questions you might have about using Hawkeye Indicators in your trading!

[The red lines and red and blue arrows are for illustration only and do not form part of the software]

How To Easily Triple Your Profits With Hawkeye’s Profit Accelerator

A few weeks ago, I discussed how Apple had reached a critical point where it had to make its mind up whether it was in a trend run or congestion with the bias to the downside.

Now, if we look at the daily chart, we can see that on January 29th (green arrow), the push we were waiting for to the upside showed up, which coincided with both the weekly and monthly trends.

AAPL_022815_Daily

Next, if we look at our 120 minute chart, you can see this upward push occurred at the green arrow. It becomes clear that this is our entry, following the Hawkeye 3-Step Entry Rules (taught in our weekly training room). It is at this point that I apply the Hawkeye Profit Accelerator to the chart, shown by the Yellow Numbers 1, 3, 2, 1 above the price bars. These numbers indicate where you initially enter and subsequently ADD to your position following the 1, 3, 2, 1 sequence. The numbers are multiples of your initial base position, which in this case was 100 shares. So, when the 3 paints on the chart, that is when we add 3x or 300 more shares to our initial 100 share position.

AAPL_022815_120min

Now, on the 60 minute, notice where I have placed the green arrow. See how previously, the volume had been green, indicating that the accumulation was taking place? And sure enough, it pushed itself back out to the upside just as expected. You can see how continuing to add to our position is really taking off now.

AAPL_022815_60min

Finally, let me show you the most important point: how to really leverage into these trends and to make much bigger profits, by using our Hawkeye Profit Accelerator.

AAPL_022815_120min

So, if you had been trading just 100 shares of Apple, and you were still holding the position through today, you would be up $866.

However, by using the Hawkeye Profit Accelerator, you could have added 300 more contracts to your position as prices rose. And by doing so, your profits would have almost tripled up to $2390! If you continued to add at the 2 and last 1 on the chart… you would have increased your profits even more!

So, by all means, if you haven’t picked up a copy of the Hawkeye Profit Accelerator indicator (Hawkeye Adds), please CLICK HERE to learn more, and start increasing your profits today!

Great Trading!

Nigel Hawkes

We teach this and many other methods in our live training room held every Wednesday. Click this link for more information or to join us in class.

Please contact us at [email protected] for any questions you might have about using Hawkeye Indicators in your trading!

[The green arrows are for illustration only and do not form part of the software]

Hawkeye Finds Perfect Setups No Matter What You Trade

Whether you trade stocks, bonds, options, or Forex, the Hawkeye Volume Trading methodology finds perfect setups every day. Although today’s example is on a currency pair, it really doesn’t matter what you are trading. That’s because the Hawkeye volume trading approach applies to anything and everything. So with this in mind, let’s go through an example to show you how it works.

In the charts below, I’m using my Roadkill indicator to look at multiple timeframes simultaneously. This enables me to get the heads up on what is happening with the slower time frames. For example, on the daily, I can see what the weekly is setting itself up for, and on the weekly I can see what the monthly is setting itself up for.

So, let’s begin by looking at the monthly chart below. As you can see, I’ve placed a red arrow just above the last isolated high. Isolated highs generally push prices down, and this is certainly happening in this case. Prices are closing underneath the last isolated low pivot, as marked by the yellow line. Also, you will note how the weakness is confirmed by the volume and heat map indicators both being red.

AUDNZD Monthly Chart

Now, let’s consider the weekly chart, and note the two arrows I’ve placed there. The first one (on the top) is placed just above the last isolated high, which is pushing prices down. And, at the close of business on Friday, you can see that we also put in red selling volume, and you’ll notice the little dot underneath, which is the Hawkeye aggressive entry to go short on this.

AUDNZD Weekly Chart

Finally, let’s look at the daily chart. As you can see, we have a pivot high right on the top, which is pushing the market down. It has now broken underneath the Hawkeye stops, and the trend indicators have gone red.

AUDNZD Daily Chart

Also, Look at the “Six Ways The Market Moves” dots. We’ve broken down through all resistance here, and we’re now in a solid downtrend. This is indicated by the second red indicator on the bottom of the chart. There’s a magenta dot showing you the three-day Roadkill indicator has kicked in as well.

As Hawkeye Volume Traders, we trade many markets. Don’t ever get trapped into just trading one or two markets. No matter what you trade and what time frame you prefer, you will see perfect setups like I’m showing you over and over again. By using Hawkeye Volume trading, it’s easy to find low risk trades, instead of only trading a few markets and trying to make them work.

If you haven’t picked up a copy of our Volume Starter Package, please CLICK HERE, and get started with Volume Trading today! You’ll be glad you did.

Great Trading!

Nigel Hawkes

We teach this and many other methods in our live training room held every Wednesday. Click this link for more information or to join us in class.

Please contact us at [email protected] for any questions you might have about using Hawkeye Indicators in your trading!

[The red arrows are for illustration only and do not form part of the software]

How To Make HUGE Profits When The Scotland Voting Results Are Announced This Friday

Summary: The GBP may see huge swings this Friday after the result of the Scotland independence vote is announced. Hawkeye Traders will hold two special live trade rooms hosted by our Founder, Nigel Hawkes. We encourage you to attend these FREE live trade rooms on Friday to help you profit from this momentous event, which will certainly move the market dramatically. The first room will open for one hour starting at 0800 UK time (3:00am Eastern). The second room will open for one hour beginning at 1300 UK time 8:00am Eastern).

Click Here To Reserve Your Seat for 0800 UK (3:00am EST)
Click Here To Reserve Your Seat for 1300 UK (8:00am EST)
scotland

Later this week, on Thursday, September 18th, the Scots will vote whether to become independent from the UK. Then on Friday, the results will be announced, and as a result, we are expecting a huge trading opportunity will be available to smart traders.

If Scotland votes for independence, it will have huge ramifications, both socially and financially, to Great Britain.

That’s because Scotland accounts for 8% of the population, and thus, about 8% of the tax revenue. So, if they vote to leave the UK, it will mean a significant financial hit to the UK that will hurt their current efforts to reduce the deficit.

Various economic experts are predicting that if Scotland chooses independence from the UK, it will have an effect of about 10% on the price of the British Pound.

And even if Scotland votes to remain part of the UK, Sterling is currently significantly under-valued and should go back to the 170 mark. (It’s trading at 1.62 at the moment.)

So, either way, a huge swing may happen, and thus, there’s a HUGE opportunity for us to profit.

That’s why I will be holding a special set of FREE trade rooms on Friday, and I want you to attend.

Click Here To Reserve Your Seat for 0800 UK (3:00am EST)

Click Here To Reserve Your Seat for 1300 UK (8:00am EST)

The purpose is to look at the opportunities that are arising in trading the pound.

Now, let’s look at some of the Hawkeye charts to see how things are building up to this momentous trading opportunity.

In the monthly chart, notice where I’ve placed the cyan arrow.

After posting an isolated high (marked with the yellow pivot dot), we see a price drop of several bars. This is very typical. You’ll also notice how prices are finding support at the Hawkeye stop, which are the little green crosses.

And finally, I want you to notice how last month, red selling volume has arrived (as shown by the red bar under the cyan arrow). However, the actual price bar is not showing extreme weakness. I would have expected a wider ranging bar here, pushing down with this fundamental news.

But it has found support where the stops are on the monthly chart.

GBPUSD-Month091514

Next, let’s look at the weekly chart. Notice what happened at the end of the week on Friday. Green volume came in (green bar down below the cyan arrow), and we have 50% of an isolated low here. So, next week, if prices go up, you will have an isolated lower there, which will in turn, will tend to push this market up.

GBPUSD-Week091514

Now, let’s look at the Daily, and as you can see, we have a wonderful little doji (where the cyan arrow is) which is pushing prices up. And you can also see how the trend dots are starting to go flat, which means, we have entered congestion.

GBPUSD-Day091514

Next, let’s take a look at the 720 minute. You’ll notice how we have a wide bar. But we also have green volume coming in where my cyan arrow is (pushing this market up). So, we are in congestion.

GBPUSD-720M091514

Finally, if we look at the weekly chart of Fatman, we can see that the orange/brown line, which is the Pound, has reached its over-sold zone (as marked with the cyan arrow).
GBPUSD-Fatman091514
And you can see that the US dollar (the cyan line marked with the red arrow) has also reached its over-bought zone.

Both are indicating that this trend run has come to its congestion area, and it should start turning around and start going up.

You can also see that the other currencies, particularly the magenta line (Yen) is starting to decline as well.

So, that could be a very good pair as soon as the British Pound starts to rally . . . to look at the Pound/Yen as a pair to trade.

All in all, it’s showing us that the market move to the downside has taken place.

The market is going to sit back and congest until the news comes out this Friday.

So, please come to our FREE live trading rooms this coming Friday.

I’ll see you there!

Nigel

[The red and cyan arrows are for illustration only and do not form part of the software]

When Hawkeye Screams “Sell!” Smart Traders Listen And Make Huge Profits

In this week’s newsletter, I want to show you how Hawkeye indicators identified an amazingly profitable trade in the British Pound (GBPUSD).

First of all, let’s take a look at the Fatman indicator.

Fatman 08-22-14As you may know, Fatman presents a visual picture of the strength or weakness of each currency against the rest of the world’s major currencies.

So, let me show you how I use it to find low risk opportunities, particularly when currencies are either overbought or oversold.

First off, notice where I’ve placed the two red arrows on the chart.

The first arrow shows where the Pound (the orange line) has gone up and touched the over-bought area.

Next, notice how it dropped, rose again, and then, put in a lower high, as marked with the second red arrow.

This tells me there is weakness in the Pound, and I should be looking for short trades.

Next, let’s take a look at the weekly chart to see what it’s telling us.

Pound Weekly Aug-22Please notice the point where I’ve placed the red arrow.

I’m sure you can easily see how the market is starting to turn downwards.

You’ll also note that we see a phantom isolated high, two bars before that red arrow.

And finally, you can see how both volume and heatmap indicators have gone from green to red (showing professional selling).

 

 

 

 

So, in the context of all this weakness, let’s consider the absolutely wonderful short setup that came in on the daily chart.

Pound Daily Aug-22

First, notice up top, where I have placed the first red arrow. There you can see five isolated highs and lows.

When you see clusters like this, it’s telling you to get ready, because a major turning point is coming.

Next, look where I’ve placed the second red arrow down on the volume. Can you see how volume has transitioned from green, to white, to red?

That means there is professional selling, ahead of the coming price drop.

And if all of that wasn’t enough, notice the magenta wide bar, giving another signal that a change is coming.

Finally, after multiple Hawkeye warnings that virtually scream that a short is coming, the trend dots start to roll over and the market heads down.

So, when the trend dot turns red, we take the short and BANG! Down it goes.

And, we see how it went down from 171, and now, it’s trading at 167.21.

My friends, Hawkeye indicators virtually predict the future.

This was an easy setup that could have made you thousands of dollars.

And the good news is, Hawkeye Indicators find trades like this every week.

Are you using them?

Good Trading!

Nigel

[The red arrows are for illustration only and do not form part of the software]

How To “Walk Down The Stairs” In Your Trading

In today’s article, I will discuss an aspect of trading that occurs fairly regularly.

I call it “Walking Down The Stairs.”

To illustrate, please notice the three attached charts. They are the weekly, daily, and 720 minute charts for EURGBP.

Also, before we dive into this, I want to emphasize that what I’m showing you applies to any timeframe you happen to be trading.

Weekly EURGBPAs you can see on both the weekly (above) and daily (below) charts, the Hawkeye stops are indicated with a cyan arrow.

Daily EURGBP

Now, let’s consider the faster timeframe, which is the 720 minute chart below.

Notice the red arrows. I call this “Walking Down The Stairs,” because of how the stop and crash barrier indicators look like a staircase. Of course, the principle of “walking up the stairs” also applies when trading in an uptrend.

720 EURGBP

Anytime you’re trading on a triple timeframe, the fastest timeframe will exhibit this “stair-case” profile.

Also, notice how as you go from one red arrow to another, there’s a period where it all goes flat.

This is what I call the landing.

Then from there, notice how it continues stepping down to another landing, then a third, a fourth, a fifth, and a sixth, etc.

One of the biggest weaknesses I see in many traders is they can’t hold trends.

However, in order to become a consistently profitable trader, you’ll need to be able to identify this frequently occurring chart behavior and most importantly, learn to trade through it.

Being able to identify where the landings are will really help you, because by doing so, you will see how the market steps down in harmony with the two other timeframes.

So, by learning how to quickly identify this behavior and trade through it, you can reap larger profits throughout the rest of your trading career.

Good trading!

Nigel Hawkes

 [The red and cyan arrows are for illustration only and are not part of the software]

 

How to AGRESSIVELY Trade Forex

In this week’s edition of our newsletter, I want to show you how to aggressively trade Forex with a 20 pip profit target. This is a very reasonable target that occurs most days, day in and day out.

The first thing I do is to go to ForexTicket.com to review which pairs are currently showing the most volatility.

One of my preferred pairs for scalping is the British Pound / Yen (GBPJPY), especially at the 7:30am London open.

By using my Hawkeye Gearbox indicator I can easily determine that currently, the best two time-frames to use are 162 ticks and 384 ticks.

So, once I have these charts up, I add two of my indicators: Hawkeye Volume and Trend.

Hawkeye Volume provides the green, red, and white bars on the price, showing me whether the market is being accumulated, distributed, or if there is no demand at all.

This is an amazing leading indicator which literally signals a price movement prior to it happening!

The Hawkeye Trend indicator are the dots which give me a clear indication of the market trend and momentum.

So, let’s start.

Fatman GBPJPYFirst of all, I take a look at my Hawkeye Fatman indicator, displaying the Pound and the Yen at the same time, 7:30am in London.

You can see they are in opposition to each other.

The Pound being brown, and the magenta being the Yen.

So, this is showing me straight-away that the Yen is showing strength against the Pound.

I then go over to my charts and have a look at the double-time volume.

Double-time volume is on the bottom of the chart below with the cyan arrow.

gbpjpy yellow

And you can see on the 384 tick chart (above), the double timeframe is showing me there’s red selling going on, and on the 162 tick chart (below), you can see that it’s neutral, which is just fine.

gbpjpy blue

It’s telling me that there is no defined direction yet on the double time frame.

However, if you look at the Hawkeye Volume on the price, you can see that it has already turned red.

But, the most important thing I’m looking at is the actual trend dot, and you can see that the trend dots, both on the 384 and the 162 chart have started to roll over and point downwards.

So, with my volumes leading the way, showing me the bias is to the downside, I enter a short based on the 162 tick chart with confirmation from the 384 tick chart.

And, as you can see, by putting the Hawkeye Grabba on (the horizontal lines), it comes down to the 173.19 area, hits 20 pips, and I take my profit.

And that’s it!

I’m done for the day with my scalp.

Now, one of the things I try to teach is that it is far better to put a larger position on and go for a shorter trend run then it is to put a smaller position on and go for a longer trend run.

And, if you can hit 20 pips, day in and day out, even on one contract, that will give you the confidence to scale up to 3, 5, 8, 10, or more.

Then, you’re starting to make real capital wealth.

One other thing I would like to emphasize is how I manage these scalps.

Once prices have moved 10 ticks, I move my stop up to break even. Also, once prices get close to 20 ticks, I move my stop to lock in 10 ticks of profit. That way, I’m always taking money out of the market.

So, I hope you have enjoyed this brief example of how to scalp aggressively.

Nigel Hawkes

[The red and cyan arrows are for illustration only and are not part of the software]

 

EURAUD Masterclass

There was a mistake made in the presentation of this chart and information provided, so we have removed the blog post to prevent further confusion. Sorry for any inconvenience. We do make mistakes too, so again… sorry.

Regards,

Team Hawkeye

Hawkeye Perspective

Patience waiting for the correct setups is the key to successful trading. Using the triple time frame entry system and triple volume is a huge edge.

The ‘Its easy to trade’ gang are out in force..a must see event, and one to watch

This week Mike Smith reports direct from the Hawkeye Options desk.

Here we go again – out from the woodwork they come…
Its earnings season and so out pop the latest plethora of NEW; INNOVATIVE; EASY; PROVEN etc. etc. headlines about a strategy that has been around as long as options have been in existence.

They say straddles and strangles are the way to trade a high volatility market (by definition it isn’t a volatile market by the way – just look at where the VIX is – there is a difference between choppy and volatile – a later discussion perhaps).

They will promise that this new (lol!) innovative strategy, where you buy a call and a put, an each way bet if you like…as THE ONLY way to make money in this market

(AND of course Barracuda at 191% end of day last session in less than 7 months is evidence that this is nonsense).

They will fail to mention that options prices go up pre-earnings – a little thing called implied volatility – (which is in simple terms, a forward looking measure based on how likely something could move from its current position – in an individual option position there is NO time when this is at a temporary high just before an earnings report). So you can pay over the odds for a call and pay over the odds for a put, and the underlying has got to make a massive movement for you just to break even.

Perhaps we will run a session on this, as there are ways to overcome such issues, but we have other fish to fry right now…just be aware.

A happier note…
Onto the happy stuff. As we are in week 1 of earnings season, I have put a blog post up at HawkeyeOptions.com that may be interesting. This explores the reasons why the pessimism pre-earnings (as seen in the recent market pullback) may lead to a continuation of the bull market we are still in (see the weekly trend in the SPY). You can read more here.

And after earnings..?
So, we are in a new quarter and as usual I am going to run a FREE open session, which looks into the crystal ball (which has been on the button the last 6 quarters these have been running).

Where you will hear

  • Our predictions for US and global equity markets this quarter.
  • Which strategies may work and which to avoid (as they are likely to rip away huge chunks of your capital).
  • The 5 things you MUST monitor this quarter to ensure you are at the front of the pack when things are likely to change.
  • Our predicted date for the next market correction and the catalyst that may drive it.
  • Where next for precious metals (and this may surprise you)?
  • And we will be revealing 4 stocks that are most likely to outperform the market between now and the end of June.

Although with an equities/options/ETF bias, whatever you trade this is ESSENTIAL information. You can register here.

This is simply a service we offer to all those who have expressed an interest in what we do and is a NO SELL zone session.

Feel free to share this link with others as it IS an open session.

And finally..

Watch YAHOO…yesterday’s earnings attracted some massive buying interest in after hours trading.

As always…trade safe and learn with passion.

Mike Smith

Start nailing Forex trading now!

I keep telling you, trading is just like hunting - patience is required for the perfect shot. Lets take a look at what this means on the AUDUSD. Ready, aim, trade!

Chart - AUDUSD

fx

The unique Hawkeye GearBox has given tick speeds of 640, 320, and 160 for today (Tuesday). GearBox is yellow telling us to trade in harmony the 320 and 640 charts.

Look where the red arrow is on the 320 chart. All is in place to short. The red arrow on the 640 chart shows dark red Volume and HeatMap (the indicator at the bottom of the chart). Little risk here to take the trade.

Note: the red arrows are placed for illustration only, and are not part of the software.

Hawkeye Perspective

Patience pays off. Wait for everything to line up for a low risk entry. Pull the trigger. BANG! 40+ pips.

Hawkeye Knows Where the Dollar Should Go

The dollar index is showing volume accumulation and prices should start to rise testing 81.72 again.

Chart 1: Daily

The cyan arrows show attendant volume coming into the market. All Hawkeye indicators are in up trend mode.

dolaar index daily

Chart 2 Weekly 

Weekly volume gone from neutral to positive after low volume, again confirming accumulation (cyan arrow).

dollar index weekly

Hawkeye Perspective 

Accumulation is now taking place biased to the upside and prices should start to reflect the commencement of trends on both weekly and daily in the coming weeks.

 

In FOREX, the Fatman is Boss! It Makes Money.

I really want you to look closely at this 5 minute $USDJPY chart.

$USDJPY 5 Minute Chart
USDJPY 5 Minute Chart

Looking at the Hawkeye Fatman, the colored spaghetti on the left-hand side of the chart, each colored line represents a single currency… the first cyan arrow is showing that the cyan line (USD) has started to rise. The magenta line (JPY) just to the left is bending down showing weakness. So the Hawkeye Fatman has identified the USDJPY as the pair to trade.

Now let’s look at the chart on the right-hand side, the USDJPY 5 minute. The first cyan arrow shows where there is a Hawkeye Roadkill dot, the small cyan dot at the commencement of the London session. This confirms exactly what the Fatman is telling you… USD strength, and JPY weakness. This is the point to enter long the USDJPY.

Now, let’s move back to the Fatman and look at the first red arrow down, that also coincides with the red arrow down on the price chart, telling you that the US dollar is starting to get weak. However, the Hawkeye Trend indicator shows the trend is still in tact as price rides through this congestion, and as shown with the final cyan arrow, both on the Fatman and on the price chart, the Trend has taken you through congestion and taken you up and further 40 pips than if you had exited too early.

The Hawkeye Perspective

This is a classic example of the power of Hawkeye Trend and Hawkeye Fatman. Let us teach you how to use these indicators to enhance your wealth.

Great Tip to Get the best out of scalping Forex with Hawkeye

Trading dual timeframes is the key to ensuring low risk entries.
In this chart Roadkill is set to ´aggressive´ and is calculating both 5-minute and 10-minute timeframes.
aud jpy
At Point 1 on this chart you can see that the Hawkeye Trend, represented by the cyan dot on the Roadkill indicator, is positive to the upside. An entry at this point results in a 40 pip profit. Roadkill is showing an uptrend for Volume and Trend on both 5 and 10 minute bars.
At Point 2 you can see that the Hawkeye Trend on the Roadkill indicator has gone neutral. The volume is showing professional selling as is Heat Map (indicated by the bright red bars). This is yet another low-risk entry resulting in a further 50 pip profit.
Chart 2  shows the inputs that I used for Roadkill in the above trades.
audjpy roadkill settings
Hawkeye perspective
By patiently waiting for both timeframes to set up you are substantially lowering your risk of entry.

 

Learn why Hawkeye Pivots are so powerful

I often get questions on how to interpret Hawkeye Pivots (the yellow dots on the price bar).

As a general rule, when you see a pivot, it suggests the market has reached a temporary peak/low, which means that for the next three, five or seven bars it is likely to go against its trend or to indicate an exhaustion or turning point of the existing trend.

Lets look at the charts:

The chart on the left (daily) shows where the entry to the short side was triggered (Red down arrow) confirmed also by the weekly chart on the right (Red arrow down). A short trend is identified by the Hawkeye Trend’s red trend dots.

Now lets look at the Pivots:

On the daily chart (left) prior to the red arrow, there was classic congestion with the market moving between pivot high and pivot low and then BAM! a breakdown (shown by magenta Hawkeye Widebar), which was triggered by the pivot on the weekly chart (right) that is just before the trend turns red. All volumes agreed so it was a very low risk entry. But as I write there is a new pivot being set up on the daily and also on the weekly which could terminate this down move. Watching the Hawkeye Volume will give you the information to support this possible trend termination.

Aug 10 pivots

The Hawkeye Perspective

The Reserve Bank of Australia has just dropped rates to their lowest, 2 1/2 percent, which could be the fundamental news the markets required to terminate this move, so if short, look for Hawkeye Volume to show you congestion and exhaustion, and look to the pivots for the market direction.

Learn this perfect low-risk volume setup

A key factor in successful trades is finding those with the lowest risk entry. In the Japanese yen example below, I have shortened the timeframe, as I understand a lot of users use these timeframes particularly for Forex and intraday trading.

The cyan arrow on all three charts shows that the volume has changed to green indicating where the professionals are buying. The Hawkeye trend has gone long (green on all timeframes) and the Hawkeye Heatmap positive on all timeframes.

Low-risk Volume trade setup.
Low-risk Volume trade setup.

Hunt for these perfect setups—they apply to all markets and all timeframes.

Good hunting,

Nigel

Get Ready for a Major Yen Trade

The volume on the Japanese Yen futures contract (JY) last week was the highest weekly volume in over six years. The last time the market had volume anywhere near this size, a significant rally that lasted over five years resulted. This could be a sign of major institutional involvement, with major hedge funds making moves in this market. Be patient and wait for a bullish setup to take advantage of — this could be a major move.

Lets look at the charts:

Chart 1 (daily)

Japanese Yen (JY) futures contract daily chart showing a potential reversal.
Japanese Yen (JY) futures contract daily chart showing a potential reversal.

From Chart 1, we see very high stopping volume (blue highlights) and evidence that the market is now being accumulated (green volume bars.) What should happen next? Expect a test to the downside narrow range down bar with high volume and the close in the top 50 percent of the bar’s range.

Chart 2 (weekly)

JY weekly chart ... notice the huge buying volume.
JY weekly chart … notice the huge buying volume.

From this weekly chart, we see buying volume is coming in (see the cyan arrow). The price bar is moving up and if there is a close above the weekly Hawkeye stop (the red cross), a new uptrend will develop.

Chart 3 (monthly)

JY monthly chart showing potential pivot bottom. Expect to see 3, 5, or 7 bars of reversal as a potential move.
JY monthly chart showing potential pivot bottom. Expect to see 3, 5, or 7 bars of reversal as a potential move.

The monthly chart shows high selling volume, but we now have a potential Hawkeye pivot (at the cyan arrow). If an isolated low or pivot does form, we expect it will push the market to the upside for a minimum of 3, 5, or 7 bars.

The Hawkeye Perspective
In conclusion, all three timeframes are manifesting stopping volume from the downtrend that has been in place on the monthly charts since the 29th of February 2012. This market is highly oversold and the Hawkeye Volume algorithm will lead the way, showing the commencement of a new uptrend. However, if the low that occurred on the 13th of May 2013 at 06:52 is taken out, it will revert back into downtrend.

Now YOU can get this Hawkeye edge at the next Hawkeye Seminar in Santa Ana, CA, 21-23 September 2013.

Forecast for the GBP/JPY

gbp/jpy daily chart
GBP/JPY – Daily Chart

With the US markets closed today for the annual Thanksgiving holiday, focus in the currency markets has centered around the Japanese Yen once again, as money flows continue to move into other currencies ahead of the Japanese elections in December. Both the USD/JPY and several of the cross currency pairs have seen sharp moves higher, with the GBP/JPY one of these, and climbing on the daily chart once again today, following yesterday’s wide spread up bar, which added further impetus to the move.

Following the breakout above the 130.00 price level, the bullish trend is now firmly established, with both the daily and three day trends firmly established. The Hawkeye Heatmap has also returned to bullish, following a period of transition, and with sustained and rising buying volumes on the daily chart, supported by buyers on the three day chart, the outlook for the GBP/JPY remains very positive. Finally of course, Hawkeye has delivered a conservative entry signal this week giving a solid entry for longer term trend traders in this currency pair.

Bearish tone for the AUD/USD

aud/usd daily forex chart
AUD/USD daily Forex chart

The recent bullish sentiment for the AUD/USD on the daily chart, appears to have run out of steam in the last few days, with the Hawkeye trend dots flattening in the 1.0600 region, and subsequently moving into a short period of sideways consolidation. The bearish tone that is now evident was also firmly signaled with the Hawkeye isolated pivot highs to this price area, adding further weight to the downside momentum. In the last 6 days, the Hawkeye trend has finally turned red on the daily chart, but the longer term 3 day trend remains bullish for the time being. However, on Wednesday this week, Hawkeye delivered an aggressive volume roadkill signal, the cyan dot, which coincided with selling volume in both timeframes and a change in the Hawkeye Heatmap to bright red.

The key support level is now clearly defined in the 1.0200 area, and if this is breached then we can expect to see a re-test of parity in due course.

If you would like to see Hawkeye in action, simply click the link below to join one of our Free Live Training Rooms where we trade using the full suite of tools and indicators across all the markets.

GBP/USD bullish on the daily chart

gbp/usd daily Forex chart
GBP/USD daily chart

Following several weeks of sideways consolidation the GBP/USD has now finally broken out this area of price congestion on the daily chart, and now looks set to move firmly higher in the next few weeks. To the downside, the support level was clearly defined at the 1.5400 region whilst to the up side, 1.5700 region had been tested on several occasions. The breakout finally occurred last week with the GBP/USD now moving towards the 1.5850 region and beyond, and with this strong platform of support now below, cable looks set to test the 1.6000 region, and if this breached then we should see a test of the 1.6250 region in due course.

The bullish tone for the GBP/USD was signaled by Hawkeye as early as the 14th August with a volume Roadkill signal signalling an aggressive entry, with the two day trend, still remaining in consolidation, confirmed with the white trend dots. Should this follow through, then this will add further momentum to the bullish picture, and with the USD looking set to weaken on the dollar index, as a further round of quantitative easing is announced, expect to see further strength for sterling in the  next few months.

If you would like to see Hawkeye in action, simply click the link below to join one of our Free Live Training Rooms where we trade using the full suite of tools and indicators across all the markets.

Scalp trade on the EUR/USD

eur/usd 2 minute chart
Hawkeye – EUR/USD 2 minute chart

Trading success in the Forex market depends on several factors, but staying in the trend to maximize the profit available is perhaps the most important, and this is where most traders fail. Staying in a trend requires discipline and the ability to manage the fear that we all have when a potential profit is on the table. Markets never move higher or lower in a straight line, and the key to success is to continue holding during these minor pullbacks and reversals, and this is where Hawkeye is so powerful, and the EUR/USD on Friday, gave us another excellent example, this time on scalping 2 minute chart for the pair. Indeed this was a trade we were watching during the London open, and just after 9am UK time, Hawkeye duly delivered a Roadkill signal for a bullish move higher.

This trade continued almost unbroken throughout the morning, with further roadkill signals confirming the trend, coupled with the Hawkeye Heatmap, and buying volume in both timeframes. The move finally ran out of steam almost three hours later ahead of the speech by Ben Bernanke, an eagerly awaited event with the markets expecting an announcement on a further round of quantitative easing.

If you would like to see Hawkeye in action, simply click the link below to join one of our Free Live Training Rooms where we trade using the full suite of tools and indicators across all the markets.

This Week’s Market Forecast – Risk On Returns!

Last week was the worst Thanksgiving week on Wall Street since 1941. Traders and investors reeled from the problems in Europe, as well as the collapse of the US budget deficit talks. The S&P 500 fell almost 5% on the week, closing just below the key 1160 level. The Dow was also down almost 5% over the week, and the Nasdaq was down by 5.1%.

The selloff really took place following the disastrous German bond auction which saw demand for the 10 year Bund at its lowest since the euro was created. Investors rushed to safety but redefined safety to exclude Bunds, moving instead into US Treasuries, UK Gilts, and Nordic Bonds.

With investors shunning German Bunds, the euro duly collapsed, particularly against the US dollar as the EURUSD tested the 1.32 level before moving back higher. As one commentator has said, this now appears to be the “apocalypse” trade – if German bonds cannot attract investors, and are no longer considered a safe haven, surely it’s now all over for the euro?

As always, nothing is quite as it seems and this may be a hasty conclusion – at least for this week!! The German 10 year bond auction may have gone badly but short dated German debt, known as Bubills, have never been in such high demand even with yields turning negative. In other words, if investors are willing to PAY to lend to the German government, it is hardly a sign of deep fear about Germany or even the euro.

Germany is not under threat – yet – but traders and investors are increasingly trading the euro and Germany together. Since September, the value of the euro against the US dollar has moved almost inversely to German credit default swaps. For those of you who may not know, a credit default swap is a measure of how likely a country is to default on its debt. In other words, traders and investors now care far more about whether they will get their money back than how much they can earn. This also makes them super-sensitive to any hint of danger which leads to much greater market volatility.

The start to this week’s trading has seen the market determined to shake off last week’s doom and gloom by seizing on record Black Friday retail sales and reports that French officials are pushing for a deal on Eurozone fiscal union. This has helped to reverse some of last week’s heavy losses with the US markets having their best days so far in November, with the S&P moving almost 3% higher, while on Monday all the DOW 30 stocks ended higher too.

It remains to be seen whether this swing higher will be maintained, not least because the $VIX – although managed to close lower on Monday – which is positive for equities, is still above 30. If the $VIX does manage to breakdown and move back towards the mid-20s then we could see a rally moving forward into December.

What is also interesting is that according to the latest CFTC data, net euro shorts have also fallen to 85k from last week’s 100k plus. In other words, we could be seeing a short term bounce higher for markets and even the start of a “Santa Claus” rally.

However, with this week’s fundamental news focusing on employment with the non-farm payroll (NFP) release, due on Friday, traders and investors need to take care. The first big number traders (and investors) should watch is the ADP release on Wednesday, a precursor to the NFP. Over a few months this once reliable release, which is based on payroll figures, has become a little less accurate in forecasting the NFP data two days later. Previously, it had always given traders a “heads up” on the Friday data but recently has become increasingly inaccurate in these volatile markets.

Wednesday’s forecast is for a number at 131k, up slightly from last month’s 110k. This is followed by Canadian GDP which is forecast to come in flat at 0.3%.

Thursday’s big number comes from China with the PMI, which is forecast to show a decline from last month’s 50.4 down to 49.8. So expect to see this reflected overnight in the Asian trading session should this number come in wildly at the odds with the forecast.

Thursday sees the unemployment figures in the US, which are forecast to come in flat but we also have the ISM data – an equivalent of the Chinese PMI. Traders and investors watch the ISM as it is considered a leading indicator of the economy because it is based on a large survey of purchasing managers of major companies. Any number above 50 indicates an economy that is expanding and below 50 suggests an economy that is contracting – so this is a very important number.

The week ends, of course, with the general razzamatazz of the NFP – a release which will affect all markets. The forecast is for an increase from 80k last time to 119k this time. This release always causes markets to over-react and traders should wait for any volatility to die down before entering any trade.

Hawkeye users can, of course, trade these markets with confidence because Hawkeye has been designed:

  1. To give traders the edge needed to succeed, as it gets them onto the right side of the market time and time again.
  2. To help traders control their emotions by giving them the confidence to stay in.
  3. To help traders control their risk by giving them clear signals of when to stay in and when to get out, thereby protecting your equity.

All of these things are vital in difficult and turbulent markets such as these! But how is Hawkeye able to do this?

Because Hawkeye has been created to exploit the power of the only leading indicator that traders and investors need, which is VOLUME. This is the foundation stone of Hawkeye on which all the indicators are built. So regardless of whether you are a day trader, position trader, swing trader, scalper, or any other kind of trader, VOLUME should lie at the heart of your trading.

As an example of why volume is such a powerful indicator, Nigel was discussing the gold price in Friday’s trading room. As many of you know, gold has recently had a significant pullback with many questioning whether the recent bull run has now ended for the precious metal.

Indeed in last week’s trading room, the monthly chart was showing some significant resistance as the volume has started to change from green to white (or neutral). In addition, the Hawkeye Heatmap on the weekly chart is also turning dark red – all signals suggesting we can expect to see a further pullback for gold. The daily chart also confirms this view with the short term trend now also turning red, selling volume clearly evident over the last week and any break and hold below the $1600 per ounce level could see a further decline for the metal in due course.

If you would like to see Hawkeye in action and how we use these tools ourselves, then simply sign up for one of the FREE Live Training Rooms! Become the trader you deserve to be!

Nigel Hawkes’ training room covers the commodity markets, where he explains his latest trades and how to select low risk, high probability trades before moving onto the day trader’s favorite instrument – the e-mini. Here you will be able to see the genius that is Hawkeye as Nigel uses the Hawkeye GearBox and GearChanger, two unique indicators to Hawkeye, which ensure we trade at the right speed and in harmony with the market.

To register for our Free Live Training Room each Thursday, Register Here! Forex begins at 8:00am, and Futures/Equities begins at 9:30am, Eastern US time.

FEAR: It’s Only a Four Letter Word – Don’t Let the Markets Spook You!

If there is one thing to say about the markets at the present, it is that they are deeply unpredictable. They swing dramatically from hope to fear and back again, catching both professional and retail traders alike. This type of market behavior inevitably leads to fear, frustration, and bad trading decisions which in turn can undermine a trader’s confidence and decimate his or her equity.

The good news is that this does not need to happen to you! The Hawkeye suite of tools and indicators will give you the confidence to not only get into a trade, but keep you in and hold that position as it develops for the longer term.

Our users certainly understand this power and beauty. Chris recently wrote to Nigel saying:

Dear Nigel,
Having traded your Hawkeye Package for the last two months, I write to inform you that I have doubled my equity from my Forex trading since using your system…………
Many Thanks
Chris
P.S. If any of your users wish to verify directly with me please feel free to contact me by email.

In fact, in order to succeed as a trader we only need three things:

 

  • We need an edge – Hawkeye gives us this edge, getting us on the right side of the market, time and time again.
  • We need to be able to control emotion – Hawkeye does this by giving us the confidence to stay in.
  • We need to be able to control risk – Hawkeye does this by giving us clear signals of when to stay in and when to stay out, therefore protecting our equity.

Just last week, we experienced a classic example of the power of Hawkeye! In the Friday morning training room, Nigel demonstrated all three of these principals.

Earlier in the week, equities had sold off sharply and everyone was expecting the week to end on a negative tone. Friday’s open on the S&P gapped up, but Hawkeye gave us the confidence to buy the market. Nigel captured his trade on the ES.D 5484 tick chart. The ES.D had opened, gapped up in anticipation of the ISM (which incidentally came in far better than expected) before carrying on up and ending the trading session on a very positive note.

Interesting Image

While Nigel was trading this market, I was simultaneously looking to take a trade on the Eurodollar. Once in, I too was rewarded with a fantastic trade, which I’ve captured in this week’s video for you:

Hawkeye Training Room Summary.

For those of you new to trading, the Euro is considered a “risk on” currency;  therefore as equity markets rise, we expect to see the Euro rising as well. This is exactly what we saw on Friday.

Needless to say, overnight in Asia and this morning in London, markets have returned to their more usual febrile state. At the time of writing this newsletter, the woes in the Eurozone are once again taking center stage with contagion now appearing to spread from the periphery to more solid countries such as France, Netherlands, and Belgium.

The fear is almost always reflected in the price of gold, which having moved sideways in the last two weeks, now looks set to re-test the $1800 per ounce region. Should this be breached, we may see a further run back towards the $1865 area and beyond.

There are other interesting markets and instruments to watch…In silver, the market has also been in sideways consolidation, which is strongly suggestive of an imminent breakout to the upside. The key price level here is in the $35.35 per region which would then provide a platform of support for a further leg up in the move. Meanwhile, the WTI contract has been in a fantastic uptrend since early October as it now begins to test the psychological $100 per barrel level where the sell-off in the summer was initially triggered.

All these instruments and markets can be traded with confidence using Hawkeye ChartTools. Not only does Hawkeye tell us when to get in, but it keeps us in and helps us ride out these difficult and volatile periods and finally gets us out at a profit, safely.

To register for our Free Live Training Room each Thursday, Register Here!  Forex begins at 8:00am, and Futures/Equities begins at 9:30am, Eastern US time.

Good trading and see you in the training room!

Minimize Risk Trading with the Hawkeye Fatman

In this week’s video, Nigel Hawkes shows setups that he looks for in the Forex market.  He shows how to take trades on a Forex pair with the least amount of risk while using the Hawkeye Fatman as a filter. 

Click on the image below to view this week’s video update:

[evp_embed_video url=”http://evphosted-14d5bf6242eae0.s3.amazonaws.com/4102011-1.mp4″ preload=”auto” template=”mediaelement” width=”100%”]

We demonstrate the same methods live in our Free Training Room. Come join the fun every week. To see the current schedule and register to attend, Register Here.

If You Are Serious About Being Profitable in FX, This Video is a Must

In this must-see video, Nigel Hawkes demonstrates an invaluable setup for daily FX trading, showing how to apply the Hawkeye Fatman and Gearbox in the best way.  Nigel also shows the course of the EMD trade after last Friday’s webinar closed.

Click on the image below to view this week’s video update:



We demonstrate the same methods live in our Free Training Room. Come join the fun every week. Learn more now.