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Lord Benj Capital Daily Currency Analysis

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  • p3t3rjj
    replied
    Originally posted by Lord Benj View Post
    We haven't left at all . Value trading analysis and manual trading signals coming very soon in our new forex room Peter . Hope you have a try .

    Manage risk the best way by noticing value . A lot of traders stuck in draw down now , because of fake set ups on the charts but identifying where the true value of a currency lies will show you the best overall direction to trade in the market either in the short term or long term .

    Cheers
    Yeah go on, email me a login. Might as well have someone in there that knows what they talking about.

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  • Lord Benj
    replied
    We haven't left at all . Value trading analysis and manual trading signals coming very soon in our new forex room Peter . Hope you have a try .

    Manage risk the best way by noticing value . A lot of traders stuck in draw down now , because of fake set ups on the charts but identifying where the true value of a currency lies will show you the best overall direction to trade in the market either in the short term or long term .

    Cheers
    Last edited by Lord Benj; 11-17-2014, 02:15 PM.

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  • p3t3rjj
    replied
    Why whenever I comment on someone thread they seem to leave the forum?

    Leave a comment:


  • p3t3rjj
    replied
    You don't get caught in a 52% DD like you explained, its takes a serious mismanagement of risk to achieve a result like that. There is no way you can polish that turd.

    Trading attracts all sorts and there is a big business built around just trying to bullshit people out of money in any means possible. To be successful as a retail trader you need to be as honest as possible with yourself, and to do this you absolutely need to try and be as honest as possible in all areas of your life. As this will reflect in your trading. I say retail because on a institutional or money management level, you can just make money from commissions/transactions without even knowing how to trade.
    Unfortunately allot of people need to go through the learning curve of being cheated, and some never learn.

    Here a bit of advise that could change your life for the better.
    Quietly focus on your trading till you have a trading system that suits your psychological profile
    Quietly trade this system till it becomes second nature to you, and builds a history showing control of risk.
    Then when you are ready come and offer your services to others, and let the result be a benefit to all.

    Blowing an account one month and trying to sell yourself the next month is just plain wrong. Sure be a valuable member of the forum, but a bit more of a lets learn together mentality than a listen here I'm the pro approach. I guarantee following the approach above and putting in the hard work, will bring you good fortune.

    Leave a comment:


  • Lord Benj
    replied
    The Myfxbook situation was explained and yes , we have that to prove when it comes to performance which will happen . Other than that your inability to explain as to why the post was incorrect shows you have gaps to fill in your forex knowledge and tendency to avoid facts on the charts and instead settle for ignorance for things you don't take time to understand .

    Thank you and good day.

    Leave a comment:


  • p3t3rjj
    replied
    Your myfxbook previously showed one positive month and a loss on every other, you have now taken it down. So boom I guess. What you doing and trying to convince yourself and others to listen to your analysis, that clearly does not work. Simple as that.

    Hang around the chat, we discuss quite a few different trading styles, and there is allot of valuable information there.
    Maybe follow one or two signals that you like, and after trades plot the trades on a chart. You can get a better understanding from that point. Try and understand why they took the trade.

    Forex is like the weight loss industry, people trying all kings of BS without actually doing the work. When all you really need is to eat less, and do a bit of exercise. You like a fat guy trying to sell diet pills.

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  • Lord Benj
    replied
    Okay , let me answer you .

    First , how we are trying to sell ourself . We are analyzing the currency markets using our value analysis system . Each currency has a value and this value determines how attractive it is to sellers and buyers in the market .Simply put if one has an appreciating value against another , it is bought and the other sold in a pair .

    Secondly , yes . Our aim is to have this information for a trader to utilize and avoid getting into wrong positions when trading and find the best opportunity to buy and sell . An example is the EUR/USD buy trade that Amplified and Viper had gotten into some months ago and we wrote an analysis. Fundamentally , it was wrong because the value of the EUR was dropping while that of the USD was rising , up until now , those trades never have gone into profit and for those who knew this , they would have acted accordingly and been better off .

    Third , fundamentals have never made anyone money on it's own , that is a statistic that you have and we have no comment on that as there are millions of traders and ways of trading . If you have statistics on that and not hear say , i would like to be the first to read it .

    Lastly , yes , you are right on the EUR/USD state , the USD has made significant gains in value in the world markets after the FOMC minutes release while on the other hand , the EUR is losing . The level , we are not sure of but as of the open today , it was obvious that the EU was going to drop further during the day . As for the NZD/USD , it only went down because of the FOMC minutes release that boosted the value of the dollar , otherwise as we have stated before in our analysis , the NZD is a stronger currency than the USD and since the end of the news release , the NU has resumed going further up and is not going down unless fundamental data release boost the USD further . You are wrong on the AUD , our value analysis shows it is a highly valued and strong currency and if you take time to look at your charts , the AUD has gained against other currencies in the last four weeks .

    All this information is useless to you , i respect that . You have your own trading style and thinking that is accustomed to you but from how you have expressed , you are talking out of what you see and hear , not the facts that are pushing prices on the charts .

    Thank you .

    P.S You are unable to explain what was inaccurate in the post we put up thus we understand your mentality and aim .
    Last edited by Lord Benj; 10-31-2014, 12:40 PM.

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  • p3t3rjj
    replied
    Originally posted by Lord Benj View Post
    Thank you sir ,

    Advice well taken . I would like though for you to further explain to us what was inaccurate in the post above for correction and apology from us if completely wrong .

    We have a very different way of explaining our analysis and thus understand that we may be very different in our analysis and understanding of the markets , much different from how T.A and FXstreet mentioned above may analyze the markets , thus brushing shoulders with the knowledge that some have lived by when analyzing and trading the markets for years or so .

    Either way , if we are incorrect , we owe an apology to everyone as inaccurate information is death for a trader in the markets .

    Let's Discuss .Thanks .
    Well depends how you trying to sell yourself. If you trying to sell yourself as a trader, then the accuracy of your interpretation of the fundamental analysis is not import. What is important is how you in your mind interpret this information to create an edge.
    If your idea is to sell you interpretation of fundamental information to a potential trader, so that he may utilize the information to find an edge. Well that's a different story.

    Fact of the matter fundamental knowledge has never made a Forex trader any money on its own.
    We all know fundamentally EUR/USD is going down to 1.220 area -- Well sell it now and see what happens to your account
    NZD/USD is going down the crapper, no doubt --- Your account wont survive selling it now. think we have a real time example going on how.
    AUD fundamentally going down, Gold still got a fair way to fall , fundamentally.

    But all this information is close to useless, at best it can allow a bias nothing more. Just would seem if any of it worked you would need to try and sell it for 20 bucks.

    Leave a comment:


  • Lord Benj
    replied
    Thank you sir ,

    Advice well taken . I would like though for you to further explain to us what was inaccurate in the post above for correction and apology from us if completely wrong .

    We have a very different way of explaining our analysis and thus understand that we may be very different in our analysis and understanding of the markets , much different from how T.A and FXstreet mentioned above may analyze the markets , thus brushing shoulders with the knowledge that some have lived by when analyzing and trading the markets for years or so .

    Either way , if we are incorrect , we owe an apology to everyone as inaccurate information is death for a trader in the markets .

    Let's Discuss .Thanks .
    Last edited by Lord Benj; 10-31-2014, 10:26 AM.

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  • p3t3rjj
    replied
    Mate all due respect, and I am only posting this in case someone new to fundamental analysis might mistake what you saying as actually being accurate. Your understanding of what drives the market, and especially your latest comment is just plain incorrect. Really Im trying to be a nice as possible, but a person having a beginning to intermediate understanding of the market. Should be asking question, not giving advice. (that's just my personal expert opinion)

    Anyone new has TA here as an example, clearly an expert in hes field right here.
    I like FXstreet, they been around for a while. Some guest speakers are brilliant
    Read bank reports, but try and learn the gist of what they saying. Try and extract the important points, 80% of the report will be useless to you. So you need to be able to read between the lines.

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  • Lord Benj
    replied
    Hello Traders .

    This is a quick market analysis and a look at current currency values as they stand in the markets

    Daily Currency Values

    NZD +120 , AUD +80 , CAD +40 , CHF +20 , EUR -10 , GBP -80 , JPY -90 , USD -100

    Weekly Currency Values

    JPY +21 , CHF +10 , EUR +10 , AUD +10 , USD +5 , NZD -10 , GBP -20 , CAD -30

    Major Currencies Analysis

    The USD has recently taken a negative blow with the worse than expected data releases from the US in recent days . The currency is losing value fast and the upcoming FOMC Releases may give the USD value a hard time . The EUR on the other hand has remained strong and the USD currency fall is only helping other currencies such as the EUR to gain value as traders and investors see it as a better alternative because of it's stable value compared to the USD .

    The GBP has been weakening in value and is still in a bearish drop against other highly valued currencies .

    Currencies such as the NZD , AUD and the CAD are being seen as much better alternative currencies to hold thus strengthening their value in the markets . With our value analysis , when a trajectory is drawn , we see a shift in the NZD/USD pair early next week . A shift simply is a point in our value analysis system where two currencies that make a pair are equal in value . This aspect may be the confirmation for an uptrend in the NZD/USD pair .

    Thank you
    Cheers

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  • Lord Benj
    replied
    Done !!

    Our Analysis was right and the results were a worse than expected result . We use our value analysis calculation system to find a divergence in the value of a currency . A lot of the time , there seems to be an awkward change in direction value of a currency prior to a news release and this 80% of the time has direct indication to the data release results. Apart from today's news sentiment we put up , we have previously shared the USD Initial Jobless claims sentiments and we were spot on on that one too , on the Dayfox thread , post 1151 here http://www.forexsignals.com/forum/sh...0269#post20269

    Our all new Forex Room platform is going live as of tomorrow , the 29th of October.

    (Our Forex Room will not be going live as of today the 29th , we are pushing the date until further notice , this is to improve some technical issues in the room , Bear with us . If you had subscribed already , our team will contact you privately for information)

    Read More on the link below .

    http://www.lordbenjcapital.com/forexroom.html

    Cheers
    Last edited by Lord Benj; 10-29-2014, 07:46 AM. Reason: Forex Room open date pushed forward until further notice. Technical improvements undergoing.

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  • Lord Benj
    replied
    Hello Traders ,

    This is a sample post for an upcoming news sentiments feature we will have for you . More details in our next upcoming post tomorrow morning .

    USD - Durable Good Offers

    We are witnessing a negative divergence in value of the USD currency and might indicate at a worse than expected data release from the US . This may lead to a heavy drop in the value of the USD .

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  • Lord Benj
    replied
    Hello Traders ,
    We have brought about some changes as to how we write currency analysis values to you . This improvement is to give you the trader a more frequent view of how currency value fluctuations are happening against each other in each trading day . We have also included Weekly and Monthly views that will adequately assist you in making better trading decisions .

    Plus all currencies will have a written analysis that you can use to compare with other currencies to find the solid reason that is behind the market moves that technical analysis may not reveal to you easily . We have also included a news sentiments section .

    This section will assist you in getting a clue as to what overall effect a news release will have on the markets . This is achieved by analyzing and comparing the last value change or behavior a currency had during the last common news release with the current behavior . This comes after we witnessed a rather quick change in the value of a currency moments before news releases that is not always greatly visible on the charts . It always seems like a rather unusual market force either on the buy or sell side is adjusting itself to stay in tandem with the news release , this you will not want to miss out on .

    All this will be displayed on platform that we have been developing for release sometime next week . We assure you , if you didn't fully understand the strength in currency value analysis on this thread , you will love it on the platform . All this to assist the modern trader to stay on the right side of the market , avoid entering trades in currency pairs that are not imbalanced enough by value and will keep you in draw down and uncertainty for long periods of time .

    Thank you and see you soon with more info.

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  • Lord Benj
    replied
    22nd October, 2014

    Currency Values

    CAD +120 , USD +100 , GBP -10 , JPY -20 , NZD -30 , AUD -50 , CHF -70 , EUR -94
    --------------------------------------------------------------------------------
    Major Currency Analysis, End of day 21st October

    The Canadian Dollar made big gains during the trading day to end the day as the highest valued currency and we are likely to see it slow down but making slight drops in value but not very significant . The US Dollar made gains also today as per our analysis yesterday and looks to be moving out of the negative zone into the positive with strong momentum . We expect the US Dollar to remain strong but with slight drops against stronger currencies but an overall bullish gain.


    The Swiss Franc dropped largely in value but has been on a bullish momentum towards the end of the trading day . We see it dropping much farther in value and weakening against higher valued currencies . The Euro on the other hand ended the day as the wekest currency and seems to have reached a potential limit to it's drop so we see it gaining value during the next trading day but not as significant as the drops as it will seek to stabilise it's bullish momentum first .

    Trading Plan 22nd October

    We will be overall bearish on the GBP currency , looking for it to lose strength against more valued currencies like the USD , CAD and the NZD.
    We are also bearish on the EUR , looking to sell it against more valued currencies like the JPY , AUD , NZD . We see a slow down in the USD pairs as it is not showing much hints as to it's future day value and direction either as it is at a vulnerable point where sellers may see it as over bought and sell hard or be uncertain and hold it's current value as it is . The most bearish currencies based on value are the GBP , EUR and the CHF . The most bullish currencies based on value are the NZD , CAD and the JPY .

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