Gold Kangaroo

Gold Kangaroos can be great trade setups.

Last week the XAU/USD - also known as "Gold" - traded down to the 1688 level and printed a brilliant Bullish Kangaroo Tail (buy signal). If you are not quite sure what I am talking about, you can go to the Naked Trading Forum and see several of these beauties unfolding in real time. Traders … [Read more...]

The Kangaroos Are Out at the Forum

NakedForexNow Trading Forum

I would love for you to join us at the new Naked Trading Forum. We will be discussing current trades, naked trading systems, money management, trading psychology and other stuff. I consider this an early Halloween Gift, right now you can go register for free. I hope to see you there! (There are … [Read more...]

CAD/JPY Trade Idea

Trendy Kangaroos are a good way to capture a move during a strongly trending market.

The CAD/JPY has recently found support at the 84.17 level. I think this level will now serve as resistance. I am going to sell this pair now and put my stop loss up at 84.75. Where do you think this pair might next find support? I think that the yellow boxes might give us a hint. I think it is quite … [Read more...]