Risk Disclosure: Trading involves substantial risk of loss. Not all trades are winners and you’ll see plenty of losing trades posted on this blog as well. Past performance is not necessarily indicative of future results.

Unless I get creative and invent a way to fit more people into a webinar series, there are only two seats left for the upcoming Pivot Power Trading Course and even though the course hasn’t even started I’ve already started sending out lessons. I’m nuts because I’m still offering a hugely discounted price on the course and you can get one of the last two seats here.

The NZD/USD went bearish divergent and I lost the first time but the second time things worked out just fine. Here is the chart:

View on screencast.com »

Risk Disclaimer: Trading involves substantial risk of loss. Past performance is not necessarily indicative of future results. This is not a trade recommendation.

Right now the NZD/USD looks confusing, and that’s because there is a battle going on between the monthly pivot and the weekly pivot. My guess is that the monthly pivot will win – the pair will finish the month strong at that level (or even above it – wow!) and then fall to this week’s pivot and the new week’s pivot next week.

View on screencast.com »

It's really 158 seconds, I think.

View on screencast.com »