Weekly Round Up.

A great week for members at Lincoln this week

Just a few of this weeks blog comments

……………Hi Arco, I’ve shut up shop for the week having banked 1078 pips – sensational!….Mark

……………Fantastic Mark. I’ve only done half that!  +568 pips

……………My thanks Arco. Great week for me +667 pips with your guidance.

……………Arco, your predictions are amazing!

……………I’ll say again. I don’t know how people cant read Arco’s posts …and not make some good coin. Great stuff.

…………….all trades hit targets, total for the week is 492 Pips.

……………..Sweet. I just watch Arco’s DJIA chart for major turns

The maximum potential available on this weeks moves was +3171 pips. Also please note this number is only based on continuation figures from previous days highs, not any additional daily scalp ranges mentioned. All pips are reported individually in each day’s summary and are based on the previous day’s/previous thoughts for each pair. If we look at the scalp/day-trade potential additionally the figure would work out much higher. Also I did not count an additional 597 potential pips where the daily posting may have been a comment of a general nature, etc.

Important note. We always report the maximum number of pips available each week from our  alerts, but this is if you entered and closed a position at the optimum points. We know that no member would be able to achieve that exact amount, but there is no perfect way to calculate the figure as many members use different techniques for entry and exit, and some are happy with 50 pips when others want to reach for the moon. Feedback we’ve had from our members indicates that they typically make from 10-40% of the maximum available, therefore on a 3171 pip week, they could possibly get between 317 and 1268 pips. (One member reported +1078 pips on the blog comments, three others  reported +667 pips, 568 and 492 pips)
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Scalp/Day/Medium Ideas follow up summary from Fridays comments.

UsdCad – potential for retrace south as indicated gave maximum +49 pips for scalpers/day traders

NzdUsd – potential for retrace north as indicated gave maximum +45 pips for scalpers/day traders, with potential reversal south at Chikou zone  as indicated gave maximum +134 pips for scalpers/day traders. For longer term traders the continuation purple trace move south gave +16 pips maximum

GbpUsd – potential for retrace north as indicated gave maximum +74 pips for scalpers/day traders,

EurUsd – BIAS ARROW continuation as indicated gave an additional +31 pips. (scalpers/day traders maximum of +52 pips north

AudUsd – potential for retrace north as indicated gave maximum +31 pips for scalpers/day traders

↑ ↓We had great success with ‘Bias’ arrows this week which gave a maximum of +1439 pips

Bias arrows are placed in front of the pair discussed.  An up arrow for bullish bias or a down arrow for bearish bias. When both arrows are shown it means that in my opinion the move could go one way first and then reverse to the other. Where no arrow is shown there may be an element of uncertainty.

Scalp/Day/Medium Ideas follow on from Wednesdays thoughts and previous comments.

UsdCad – continuation move along Purple Trace gave an additional +14 pips.

NzdUsd – continuation move gave an additional  +61 pips.

GbpUsd – continuation move gave an additional +54 pips.

EurUsd – continuation move gave an additional +49 pips. (scalpers/day traders maximum of +149 pips south – not counted in tally)

Oil – continuation trade in direction of Purple Trace gave an additional move of +$1.73. (scalpers/day traders maximum of +$2.45 south  – not counted in tally)

EurGbp - scalpers/day traders maximum of +59 pips south (not counted in tally)

DIRECTIONAL BIAS ARROWS.

Yesterdays directional bias arrow gave scalpers and day traders +149 pips in maximum available moves on 1 FX pair.

Today’s Ideas and Updates are listed below in blue.

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Scalp/Day/Medium Ideas follow on from Wednesdays thoughts and previous comments.

UsdCad – continuation move along Purple Trace gave an additional move of +91 pips.

NzdUsd – continuation trade gave an additional move of +43 pips. (scalpers/day traders maximum of +88 pips south (not counted in tally)

GbpUsd – continuation trade gave an additional move of +95 pips.

EurUsd – continuation trade gave an additional move of +245 pips.

AusUsd - continuation trade gave an additional move of +141 pips. (scalpers/day traders maximum of +171 pips south (not counted in tally)

Oil – continuation trade in direction of Purple Trace gave an additional move of +$19.50. (scalpers/day traders maximum of +$28.90 south (not counted in tally)

DJIA - south move indirection of Purple Trace gave scalpers/day traders maximum  of +261 points south (scalpers/day traders maximum of +317 points south (not counted in tally)

DIRECTIONAL BIAS ARROWS.

Yesterdays directional bias arrows gave scalpers and day traders +576 pips in maximum available moves on 3 FX pairs.

Any arrows to the left side of pairs show the directional bias from our interpretation of the chart.

Today’s Ideas and Updates are listed below in blue.

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Scalp/Day/Medium Ideas follow on from Fridays thoughts and previous comments.

UsdCad – continuation move along Purple Trace gave an additional move of +83 pips. (scalpers/day traders maximum of +90 pips south (not counted in tally)

NzdUsd – continuation trade gave an additional move of +81 pips. (scalpers/day traders maximum of +90 pips south (not counted in tally)

GbpUsd – continuation trade gave an additional move of +179 pips. (scalpers/day traders maximum of +114 pips south (not counted in tally)

EurUsd – continuation trade gave an additional move of +141 pips. (scalpers/day traders maximum of +108 pips south (not counted in tally)

EurGbp – continuation trade along Purple Trace gave an additional move of +25 pips. (scalpers/day traders maximum of +46 pips south (not counted in tally)

AusUsd - continuation trade gave an additional move of +79 pips. (scalpers/day traders maximum of +65 pips south (not counted in tally)

Oil – continuation trade in direction of Purple Trace gave an additional move of +$2.56. (scalpers/day traders maximum of +$1.82 south (not counted in tally)

DJIA - south move indirection of Purple Trace gave scalpers/day traders maximum  of +125 points south

Today’s Ideas and Updates are listed below in blue.

DIRECTIONAL BIAS ARROWS.

Yesterdays directional bias arrows gave scalpers and day traders +683 pips in maximum available moves.

Additionally, indicated potential move south on DJIA gave a maximum of 125 points

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Scalp/Day/Medium Ideas follow on from Fridays thoughts and previous comments.

UsdCad – 123 formed against mentioned the Chikou zone giving required signal and a maximum stretch of  +156 pips.

NzdUsd – alert of potential  reversal in the yellow zone which gave scalpers/day traders maximum reach of +70 pips south (not counted in tally – scalp)

GbpUsd – alert of potential  reversal pattern against Chikou gave scalpers/day traders maximum reach of +102 pips south

EurUsd – alert of potential  reversal pattern against Chikou gave scalpers/day traders maximum reach of +90 pips south

Today’s Ideas and Updates are listed below in blue.

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Weekly Round Up.

A spiky end to the week  due to the US NFP announcements which did not favour the US, and we will need to re-assess the charts again early in the week to amend  any previous Purple Traces that look wrong.

The maximum potential available on this weeks moves was +1317 pips. Also please note this number is only based on continuation figures from previous days highs, not any additional daily scalp ranges mentioned. All pips are reported individually in each day’s summary and are based on the previous day’s/previous thoughts for each pair. If we look at the scalp/day-trade potential additionally the figure would work out much higher. Also I did not count an additional 867 potential pips where the daily posting may have been a comment of a general nature.

Important note. We always report the maximum number of pips available each week from our  alerts, but this is if you entered and closed a position at the optimum points. We know that no member would be able to achieve that exact amount, but there is no perfect way to calculate the figure as many members use different techniques for entry and exit, and some are happy with 50 pips when others want to reach for the moon. Feedback we’ve had from our members indicates that they typically make from 10-40% of the maximum available, therefore on a 1317 pip week, they could possibly get between 137 and 536 pips. (One member reported +351 pips, another reported +188 pips)
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Scalp/Day/Medium Ideas follow up summary from Fridays comments.

EurGbp- continuation north following  trace gave scalp potential of maximum +43 pips (not counted in tally).

UsdCad  -potential for move north after bullish Hammer gave maximum 156 pips (not counted in tally).

Oil  – potential for south move after Evening Star with 4H 123 pattern gave maximum $2.27 (not counted in tally).

DJIA - big  move south on turnaround in the yellow Chikou zone as mentioned/charted giving maximum +211 points

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Some of this weeks blog comments

…………..Ended up 21% on account for the week (+351 Pts)……. Arco’s charts can give you that edge to direction,

…………..ended up plus 188 pips thanks to Arco’s ideas and pattern entry

……………Arco – thank you for the step by step tuition
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↑ ↓We are experimenting with placing ‘Bias’ arrows in front of the pair discussed. An up arrow for bullish bias or a down arrow for bearish bias. When both arrows are shown it means that in my opinion the move could go one way first and then reverse to the other. Where no arrow is shown there may be an element of uncertainty.

Scalp/Day/Medium Ideas  summary from Thursdays an previous comments.

NzdUsd – the alert of possible move higher along the Purple Trace was given together with reversal in the yellow zone which gave scalpers/day traders maximums of 54 pips south and 67 pips north (not counted in tally)

EurUsd -  depending on entry time there were 2 opportunities to go short as mentioned. Those gave members chances of either maximum 51 pips south or 101 pips south (not counted in tally)

GbpUsd – depending on entry time there were 2 opportunities to go short as mentioned. Those gave members chances of either maximum 87 pips south or 102 pips south (not counted in tally).

DJIA – alert of possible move higher and reversal in the yellow zone gave scalpers/day traders maximums of  48 points north 95 points south (not counted in tally)

Today’s Ideas and Updates are listed below in blue.

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Scalp/Day/Medium Ideas  summary from Tuesdays an previous comments.

Gold – alert of possible continuation move towards 1202.54  Chikou (high 1202.87) maximum +$12.45  (maximum for scalpers/day traders $11.62).

Oil – alert of possible move higher gave around  $1.17 maximum for scalpers/day traders.

DJIA – Potential for move into yellow Chikou zone as per chart – maximum 109 points (not counted in tally).

Today’s Ideas and Updates are listed below in blue.

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Scalp/Day/Medium Ideas  summary from Tuesdays an previous comments.

GbpUsd - cautious potential north suggested with action to test Chikou zone +60 pips.

EurUsd – cautious potential north suggested with action to test Chikou zone +67 pips.

Gold – alert of possible move towards 1193 Chikou (high 1190.42) maximum +$11.20

Oil – alert of possible move higher  $1.53 (not counted in tally)

Today’s Ideas and Updates are listed below in blue.

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[The forex alerts and charts are protected for Trader Membership members and above. Join us to see all content]