The Kingdom of Forex has a name....

2014-05-20T05:45:00.001-04:00

As you can see my tiny MT5 account full of EurUsd shorts from 1.3770 level gone, after the new bull run until 1.3990. I had set that account to resist until 1.3950 level. :-( (It is a very high risk account)

My long term EurUsd bias is BEARISH but in that account, some personal issues just did not help me to follow the trades as I wanted. You can follow my trade explorer at Forex Factory, but beware that account is set for Long term trades. I am waiting some levels to see if I can transfer some of the profits to my MT5 account.

All the best and GL Mike

2014-04-01T04:08:00.000-04:00

My new free signal from MQL5, ENJOY!! And this is not April fool's day.

I recommend for all daily traders to use MT5 and do not trade more than one trade per day. (you may do some more fast scalps, less than 10 pips, but go preferentially for only one trade and 20 to 30 pips)

DO NOT OVER-TRADE and set alerts for your defined lines and levels and go for it.

I am a long, long term trader (trades for more than 250 pips) and this account has nothing to do with my favorite trading style.

2013-12-02T05:23:00.001-05:00

Follow my signals from a live account for free, starting this month December 2013.

My profit is your profit.
My Live account

Only Buddies can have full access!

2013-10-31T17:56:00.002-04:00

Hi guys,

As you can see in my last chart, that white line is playing right now, with a top at 1.3830. I continue with my set-up with a long, long bearish term for Euro.

My SL for my set-up is currently setting at 1.3957.

This was my last tweet regarding Forex advices :

All the best
Mike

2013-03-07T11:36:00.001-05:00

Very inactive blog, I know, sorry!

Just to update my very long term set-up since April 2011.

See the chart :

Red Dots - My enters for Euro shorts (Buying)
Blue Dot - Selling less than 50%

White line is my set-up stay out line (Time to sell all USD) and white circle time to sell some more.

My target after that white circle is below 1.10

See my 21st March 2011 post with a idea at the time for this set-up.

Stay out of daily tradings and GL

all the best
Mike

2012-11-19T17:46:00.000-05:00

Once again my last advice was profitable.

My last tweet from November 12th

First TP touched and a strong rejection in this this area, better to be careful for more EURO longs.
Time to watch a close day below 1.2710 area, shorts then!!

All the best

Time to be alert for now

2012-08-23T13:09:00.001-04:00

My blog is very inactive, isn't it? Sorry people, but Forex for me only Long, Long Term.

Here is some tips and let's see if Mike will once again be right or no.

DO NOT SHORT waiting big drops right now, you can profit from shorts in several resistances, but stay away if you wants trades for more than daily on short side.

First Long Target - 1.2833
Second Long Target - 1.3069

We can see above 1.35 if 1.32 goes (November or late September will say)

All the best and Short for LONG, LONG TERM only above 1.3050, but safe levels only above 1.33 with SL above 1.3670 area, as you can see if you load your account with USD around 1.30, assume that the price level can go to areas of 1.36 or even higher.

1.42 is protected, this means that this pair will probably not see this level for current cycle (A Cycle can have different number of years, for me minimum in forex is 3)

TARGET FOR ALL SHORTS Well Below 1.17

STAY OUT OF DAILY TRADING

All the best and Good luck for all of you

updating with some levels

2012-01-10T19:27:00.001-05:00

At this point, my long term view since all my recommendations from last year is still valid. For all traders with 1.4200 open positions, may start to think to profit some.
My levels to profit are 1.2300 for a nervous and impatient trader, or 1.13xx for a level with BIG possibility to see a stop here to go to new upside momentum.
KEEP Shorting!!

Just follow my free tweets related to forex, my tweets are mainly related to my own country PORTUGAL.

Just a reminder, that my last free tweet, was to short at 1.3055 SL above 1.3085 and to close some at 1.29 and the rest for below levels.

2011-12-19T11:06:00.001-05:00

We are in a area where next moves will take place, so time to do your bets.

See my chart, and try to understand the levels and its meanings, just comment and ask help and some support.

This chart it is pointed exclusively for long term trades

All the best and Merry Christmas to everyone.

My last free tweet call gave so far 130 pips

2011-12-05T10:25:00.000-05:00

My last free call to short around 1.3500 and with SL above 1.3544 gave so far 130 pips.
I have done a advise to close some at 1.3370.

Follow me on Twitter and this is what you'll get..

Now time to do nothing, close the call with a SL around 1.3513, you may lose some pips for the rest of the call, let's wait to see if 1.3500 will be a strong resistance.

GL all

My calls from last weeks

2011-09-05T07:02:00.004-04:00

My last calls worked on perfection, from Twitter :

For Forex Investors Sell EurUsd at 1.4457 SL 1.4477 TP1 1.4389 TP2 1.4125 TP3 1.4000 Trade for 2 weeks #Forex #EURUSD

31 Ago

For Forex Investors Sell EurUsd at 1.4473 SL 1.4555 TP1 1.4411 TP2 1.4337 TP3 1.4264 #Forex #EURUSD

15 Ago

Time to be alert for shorts for next weekend

2011-08-26T17:44:00.000-04:00

1.4475 must be crossed Monday for we start to drop for low levels. Put this level on your bookmark, if we cross 1.4618 next weekend, so it is time to stay out of shorts.

GL ALL

Free calls on weekly basis

2011-08-12T10:28:00.001-04:00

I will try to give some free calls on twitter from now on.
Just follow me!

Time to update the chart for a possible PA

2011-08-04T13:08:00.000-04:00

My chart done last year, Will it work again?

2011-05-02T21:29:00.000-04:00

Look the last PA and a touch line!

Time to see a reversal, can this go to 1.39 again before new highs or lows!

Time to start shorting!!

2011-03-21T08:46:00.001-04:00

My advice for long term, pay attention, long term is to start short now.
1.4180 is the first line to start shorts accumulation.

I am investing without leverage!!

Next short entry 1.4466 and 1.4777.

Targets : 1.3333 ; 1.3111 and 1.2580 and 1.2333. I will leave 10% of what I will invest for extra long term for a possible 1.15 target.

SL for all entries 1.5333

Print this set-up and good luck!!

For short term be careful shorting now, some important lines are getting crossed and to see the first stop is impossible.

I invite all to visit my country this summer, take a 3 days trip and enjoy it, leave the bailout and politic issues to others, come and enjoy all we have to offer.
http://lusitanaehabilitas.blogspot.com

take care!

Like I have wrote in my last Post.....

2011-02-20T20:49:00.002-05:00

...1.39 was indeed a area to short. I know all of you are disappointed because I stopped to do in this blog what dozens of you liked to follow. It was highly fatigued and I am not trading forex anymore.
I only buy in my non-Leverage account some Dollars and for now I am out.I didn't go for that 1.39 level.
Very indecision time to enter now, some levels must be under our scrutiny now and 1.41 is the next area to open some shorts and I will try this level, but be aware that 1.47/1.49 is my BIG level to buy good amount of dollars.

Time to say some more about forex.

2011-01-13T12:04:00.000-05:00

I have sold all my dollars yesterday at a 1.2980 level. I have wrote some more about this issue at Forex Factory forum, but all this bonds turmoil will for now to put a pause in USD strength.
But for long-term I continue to see levels around 1.25, 1.21 and even below 1.17 in coming months or years.
Levels to watch for long term are 1.39 and 1.47. I advise some shorts in 1.39 level.

Very trick days ahead.

2010-12-06T09:38:00.002-05:00

Like I have said in my last post, we are in very decisive timing for this pair. My view for Long Term it is to see a new low below 1.17. Will 1.3437 be the the top for sometime? I have done a comment last week in a British newspaper that the top would be 1.3440. ;-)
I have bought some Dollars two weeks ago at 1.3440, PA went right to that level again, but I am not leveraged. I have other blog where I show some good posts about my country, Portugal. I am tired to see so many bad news about my country, there I will show the other side, I invite you to visit.
Lusitaniae Habilitas

Time to do your bets.

2010-11-25T12:41:00.001-05:00

According my weekly chart, today or better this week it is a very sensitive timing to choose to buy Dollars or Euros. 1.3280 was the low this week and now at 1.3380 PA is struggling to push above. I see very dark clouds to Euro, but will week dollar be a reality?. Time to do your bets, if the drop will continue almost sure to see 1.2100 in coming weeks, if not so say good bye to see below 1.3000 we will go to above 1.4500. Scary times!!

I lost my last shorts.

2010-10-04T10:26:00.002-04:00

I am following some lines and first one was around 1.3433, next one it is at 1.3790 and we had already a touch, so I will do one more time a try here, so I am short again at 1.3710 SL 1.3777.
I will close some only below 1.3570 or I will lost.

GL ALL

BIG TIME TO SHORT NOW!!!

2010-09-27T08:48:00.001-04:00

I just open big shorts at my account right now at 1.3489, SL for all at 1.3588. I see PA with strong resistance at 1.3500, but it is possible to see a fast cross and a big rejection some pips above.

GL ALL

Long Time without new posts.

2010-08-30T10:44:00.000-04:00

Time to write something more. My last post was saying to wait 1.3300 to short again, and that was what happened, PA went to 1.3330 area, and at that time I bought some USD in my Euro Account, I will close 50% at 1.19 area and leave the rest to parity or closed at 1.3200, this investment was done without leverage.

In my leveraged account I do not trade for Long Term anymore, right now I have 1%MM with a short at 1.2746 to be closed 50% at 1.2645 area and the rest at 1.2555 or 1.2735.

No longs, Trend is clearly Bearish and 1.3337 was a weekly top, so we can go to 1.18 again or near until we may see a new long cycle.

GL ALL

Euro Rocket!!

2010-07-16T05:28:00.000-04:00

Time to close my last shorts losing some money. Time to wait to see above 1.3300.
I still have my worst shorts and I am hedging that ones to be closed at BE or above 1.3700.

Time to safe my shorts

2010-07-14T04:51:00.001-04:00

Another Short at 1.2733, to be closed all shorts around 1.2550, this will go up from now on, no more shorts until I see above 1.33 or 1.36.
Let's see if I can close my shorts in profit, M30 is telling me that soon a drop will come.