We kept checking the charts yesterday, hoping the technical picture would improve but it just never did. And waiting turned out to be the right call as most of the aggressive S/R lines we were tracing would have been false breaks if we decided to enter. The markets are poised for big moves this week, and conditions for swing trading are improving with breaks crisping up a bit in July.
Jul 09 | PipHut.com
We closed our short yesterday for 31 pips profit - EU continued to drop today and would have hit our full TP for 80 pips. Another example of "it's usually best to stick with the system," but we had our reasons for closing yesterday - 1.3050 was big support for this pair, and now with that support broken we are retooling our short cannon and once again look to ride the trend down.
Jun 27 | PipHut.com
Just a quick site announcement before the normal signal... check out our new SwingPRO Walk-through video! It runs through the basics, like how to setup your alerts and access the SwingPRO parts of the Dashboard. Worth the small 4 minute investment of your time!
By Roger Baettig | Jun 26 | PipHut.com
General Market Commentary: Our trend analysis is right on the money, but markets continue to batter our entries with false breaks, chipping away at our profits. The plus side to that, of course, is that the false break alerts generally keeps our losses to around 20 pips. If you factor in full stop-loss hits our average loss is probably around 30 pips.
Jun 20 | PipHut.com
We stayed flat yesterday without a clear support or resistance line to trade, and that appears to have been the right decision as price settled just about where we left off yesterday, after a brief rally and fall.
Jun 14 | PipHut.com
Our server problems yesterday will delay the *official* launch of the new PRO dashboard, but all users now have access to the new dashboard: just click the link that says "Visit beta dashboard!" at the top of the PRO Dashboard (in a green box). We will also be releasing a video featuring t...
Jun 04 | PipHut.com
Important Announcement! The new, "beta" features we've been talking about for the past month will come out of beta this weekend and replace the old SwingPRO signals. We will also push out updates to the Settings tab of PRO Dashboard: with the new signals reading the daily analysis is optional as you can elect to ONLY receive trade alerts! More details to come in email form.
May 31 | PipHut.com
We booked just over 20 pips on our AU short last Friday - nothing to write home about but a welcome addition to our May pip count as frothy markets have been taking their toll on swing traders. Sound money management, false break alerts and being a bit more picky in our setups has kept us in the profit for the month.
May 28 | PipHut.com
Lots of volatility yesterday as most of our forecasts were right on the money, unfortunately without clear S/R lines to trade (and the ones we did have didn't break) we were left on the sidelines for the day.
May 23 | PipHut.com
A profitable end to the week for us as Thursday's trades netted us 117 pips. I apologize for the lack of a Friday signal - without getting into too many details our Chief Strategist (me!) - came down with food poisoning which prevented me from sending the daily signals.
May 20 | PipHut.com
Lots of volatility yesterday whipped us out of three positions (AU, GU and UJ) and almost knocked us out of our EU short. That short was triggered on the 1.2907 support break yesterday , which got about 60 pips into the profit before consolidating above 1.2840. That trade is still open and currently sitting at 1.2858 at the time of this signal, where we will close and book a profit of 49 pips.
May 16 | PipHut.com
Markets have really started to move the past week and we couldn't be more excited - ranging markets are the nemesis of us swing/trend/breakout traders.
May 15 | PipHut.com