Blog Feed: No Brainer Trades

Not Safe For Work – Summer Duldrums Got You Down?

Published on 2012-08-16 14:25:38

This was sent in by a reader that I have known for a very, very long time now – we... more

Macro Meeting Slides and Recording for August 9th

Published on 2012-08-09 14:38:41

Please note the Q&A portion of this presentation is not included in this video due to a glitch on my end.

Low-Frequency Fed

Published on 2012-07-31 10:52:21

I mentioned yesterday that because there was so much written about this already, I preferred not to waste my breath,... more

Dreamy August Starts With A Bang

Published on 2012-07-30 16:39:34

This week consists of one of the busiest schedules we have faced in a while, and either out of utter... more

Macro Meeting Slides & Recording

Published on 2012-07-27 15:34:32

From our Friday wrapup / overview of the week ahead. Next one is scheduled for Thursday, August 9th, on the... more

Updates and Happenings At NBT

Published on 2012-07-26 12:11:29

While it might seem that we have lost our blogging “spunk” yet again around here, fear not, there is quite... more

Ross Jaklik Covering Pivot Points Tonight

Published on 2012-07-18 10:56:34

Hi everyone – I’ve been busy working on a longer term project for this site, hence the lack of posts... more

EUR/USD Orders

Published on 2012-07-11 10:06:54

Above current rate: 1.2380 offers ahead and stops 1.2350-60 Offers, stops at 1.2365 (1.2350 option ex) 1.2330-35 Offers / stops... more

Operation Twist, The Last Time Around

Published on 2012-06-19 11:33:43

With so many journalists / analysts essentially stating as fact that some version of Operation Twist 2.0 is on the... more

EUR/USD Orders

Published on 2012-06-19 08:09:43

Offers at 1.2720-30 Stops 1.2710 Offers 1.2700-05 Stops 1.2660 Offers 1.2650-55 Offers 1.2630 Bids 1.2550-40 Stops 1.2542 Bids 1.2525-20 Bids... more

AUD/USD Orders

Published on 2012-06-18 20:18:41

Stops at 1.0170 Offers 1.0140-55 Bids 1.0065-50 Bids 0.9995-90 Bids 0.9945-30 Bids, Stops 0.9910-00 Bids 0.9885-80 Stops 0.9875-65 Bids, Option... more

The Eurozone Continues To Do What It Does Best: Scare The Crap Out Of People

Published on 2012-06-18 12:22:34

Deja vu. At first, all seemed rosy, with the pro-bail-out party (New Democracy) winning Greece’s general election, and then the... more

IT Launchpad

Published on 2012-06-06 11:53:02

Inner trendlines = great launchpads on a break.  Outer (peripheral) tend to hold more relevance on fades. Just another example... more

Inner Vs. Outer Trendlines for Retests

Published on 2012-06-04 15:52:11

Just got done speaking for an hour re: a wide range of concepts, this is one I wanted to post... more

Free, Full Day of Training

Published on 2012-05-31 11:35:23

About a month ago we did a free event with some friends of ours here at the site. While the... more

Ode to Fibonacci

Published on 2012-05-30 22:59:12

Nature by the Numbers: Short sequence via vimeo. Now if only the market was as symmetrical as that damn seashell. Fade 137.5.... more

A Price Action Trader’s 14 Rules for Survival

Published on 2012-05-30 16:24:38

Price action is the #1 tool in any trader’s toolkit for a reason: everything else is based upon it. Why... more

Triple Tap Discussion on EUR/USD

Published on 2012-05-29 12:25:04

Just a video explanation of the much discussed Triple Tap pattern. Point 2 for entry takes a more conservative approach... more

Interpreting Touted Order Flows: Results of an Extended Observational Period

Published on 2012-05-25 13:55:02

I could list a countless number of things that people typically take one look at and dismiss, simply because they don’t understand... more

More Broadening Wedge (Reverse Pennant) Notetaking

Published on 2012-05-21 20:45:56

Our broadening wedges are back; when they occur at the base or peak of a trend they can be a challenge... more

EUR/USD Orders

Published on 2012-05-17 23:46:13

We come to the end of a busy workweek and the headlines just keep flowing as fast as they were... more

EUR/USD Orders

Published on 2012-05-10 19:51:04

From earlier today, only one of these areas hit (today’s high circa 2980) Bids ahead of 2900 Support Zone 2860-50... more

Cable Flag

Published on 2012-05-10 15:40:07

I use a crude rule of 38% on a short term basis as a meter of continuation vs. failure, 23%... more

For the scalpers (but the same applies for larger timeframes)

Published on 2012-05-09 13:24:42

Click to enlarge.

Inner Trendlines, And Why This Market Loves Them So Much

Published on 2012-05-08 16:10:15

I find it’s the little things that seem to have the bigger impact when it comes to what I write... more

The Mighty European Descending Price Pattern

Published on 2012-05-08 12:16:32

A fundamental shift driven by U.S. data, political events in Europe, generalized LTRO aftermath as well as continuous bleeding of... more

Steve Curlan Strategy Webinar Recording Now Posted

Published on 2012-05-04 17:47:26

Steve is an ex hedge fund trader (now independent) and walks through his primary strategies step by step. This recording... more

Respect Zee NFP

Published on 2012-05-04 13:53:32

Everything went ahead and got a little bloody today. Currency markets went through 3 blow for blow rounds of varying... more

Calendar of Live Events Added

Published on 2012-05-03 13:54:00

Given the recent push of doing live events, I thought it would easier just to have a calendar for this... more

EUR/USD Orders

Published on 2012-05-01 09:30:14

Post ISM – Wanted to wait this one out today – after making a lunge into the highs saw a... more

EUR/USD Scribbles

Published on 2012-04-30 12:47:20

Trying to make sense of the Euro’s wishy washy behavior at month end. Offers holding ground sub 3270 but significant... more

Le Bust

Published on 2012-04-27 15:30:18

One of my favorite price patterns for this market is the broadening wedge, simply because they happen so often and... more

EUR/USD Orders

Published on 2012-04-26 16:08:50

Work has me buried these days, but for the sake of it, a quick update. These are from earlier today,... more

Trend Following Event Recording

Published on 2012-04-21 01:00:06

Thanks again to all supporters that joined and to the team at FX Evolve for hosting. Below is the recording... more

Clearance Thrusts

Published on 2012-04-20 16:12:29

It wan’t until yesterday I realized that this old pattern of mine had never made its way to this site, so here... more

EUR/USD Techs Per Follow Up

Published on 2012-04-20 13:48:12

At last night’s event Jason followed up the conversation with some quick updates across several currencies. I mentioned the 3220′s... more

Tomorrow’s Event Itinerary: A Brief Rundown

Published on 2012-04-18 13:28:01

Below is a list of the basics items we will be covering during tomorrow’s live event. Again it will be happening at... more

A Rare, Live Event This Thursday, April 19th

Published on 2012-04-16 16:11:49

Anyone has been following me for some time knows well that I tend to come in and out in terms... more

GBP/USD Orders

Published on 2012-03-26 10:15:44

Offers 5965-75 barrier at 75 Offers 5990-6000 Offer 6035-50 Bids 5920 Bids 5900-89 Stops sub 5865-60 Bids ahead of 5800

GBPUSD Orders

Published on 2012-03-15 08:48:31

Offers ahead of 5700 w/ stops Offers ahead of 5720 Offers 5750-55 Offers 5780-85 Bids ahead of 5600 Bids 5585-80... more

EUR/USD Orders

Published on 2012-03-15 08:33:23

Offers ahead of 3100 Offers 3120-25 Offers 3150-55 Bids 3130 Bids ahead of 3000 Stops 2995 Bids 2980-70 Bids ahead... more

EUR/USD Orders

Published on 2012-03-14 10:38:36

Offers 3120-25 Offers 3150-55 Bids 3030-20 Bids ahead of 3000 (barrier) Bids 2980-70 Bids ahead of 2950

An In-Depth Look at Deleveragings

Published on 2012-03-13 10:15:59

With the FOMC’s latest statement on tap (and taking a sharp turn from yesterday’s post) I wanted to shoot out... more

The Perfect Trade

Published on 2012-03-12 14:58:55

My inbox gets hit with questions quite a bit, and I can be faulted in the past for not posting... more

EUR/USD Orders

Published on 2012-03-12 11:41:08

Still catching up from a busy weekend – sideways trading today now approaching an internal pennant on  EUR/USD. Mini spike... more

NFP Percent Change From Recession End

Published on 2012-03-09 09:31:11

From the mailbox: “The latest jobs report came out today with the Labor Department reporting that nonfarm payrolls (jobs) increased... more

EUR/USD Orders

Published on 2012-03-09 06:52:14

With the range now created little mentioned around these zones. More mentioned to the downside following yesterday’s move higher. Offers... more

USD/JPY Orders

Published on 2012-03-09 06:47:41

Offers ahead of 81.90 Ahead of 82.00 – barrier Stops 82.10 Offers 82.20-30 Offers 82.50 Offers 82.70-80 Offers ahead of 83.00... more

EUR/USD Orders

Published on 2012-03-08 07:26:50

Risk back on in a “for now” corrective pull seeing aggressive buying earlier today on an optimistic Greek PSI deal.... more

EUR/USD Orders

Published on 2012-03-07 18:56:56

Fed talk re: sterilized bond purchases giving risk an overall push to the upside ahead of ECB and BOE rate... more

EURUSD 15m

Published on 2012-03-07 10:34:03

Twitter seems to be rate limiting me (whatever that means, I barely post any images); just a recent snapshot: �... more

GBP/USD Orders

Published on 2012-03-07 09:04:53

Offers ahead of 5760 Offers 5770-75 Offers 5800-10 Offers 5820-25 Asian names currently seen buying at 5700 handle lows Bids... more

EUR/USD Orders

Published on 2012-03-07 07:37:52

Offers 3200-10 Offers 3230 Offers 3240′s-50 Offers 3265 Bids on move into 3100 Bids 3085-80 then stops Bids 3060-50 Bids... more

EUR/USD Orders

Published on 2012-03-06 08:58:28

Offers 3280-3300 Offers 3265 Offers ahead of 3250 Offers 3230 Bids and stops 3115-00 Bids 3080 Bids 3065-60 Bids 3035-25

6 Jedi Mind Tricks for Bad Trade Management

Published on 2012-03-05 10:11:36

It’s usually not the setup that’s the worry, it’s the management. We recently covered an article here whose primary focus... more

EUR/JPY Orders

Published on 2012-03-05 08:39:19

Tone still set with the pair still meeting buyers on quick jerks to the downside. Naturally, the higher the cross... more

EUR/USD Orders

Published on 2012-03-05 06:59:59

*Last update 5:31pm EST 10:31pm GMT Offers 3240-50 w/ scattered stops Offers 3270-85 Offers 3300-10 Bids 3155-50 / stops Bids... more

TGIF EUR/USD Orders

Published on 2012-03-02 02:12:26

The drive in late Asia left the books essentially open in terms of anything pending in terms of near-end offers,... more

AUD/USD Orders

Published on 2012-03-01 15:59:41

Trading higher and demand seen relatively strong from the 0700′s down which would create a local block in consolidated price.... more

Observations Daytrading EURUSD Today

Published on 2012-03-01 04:25:47

I’m winding things down for a quick break (and when I generally go “lights out” on this blog until tomorrow... more

Guest Post: Dollar Bounced Off Support; EUR and Metals Sell Off

Published on 2012-03-01 03:04:31

We rarely do guest posts here, but just wanted to highlight the work of our friend over at innerfx.com. Liviu... more

EUR/USD Orders

Published on 2012-03-01 02:42:41

Updated 3:42am EST 8:42am GMT: Offers ahead of 3360 (earlier noted 60-65) / Stops Offers 3380 Offers 3400 Offers 3420... more

On The Go: Multiple Monitors

Published on 2012-02-29 16:08:52

It’s a little extremely rare that we talk gadgets around here but my own needs sent me on a search the... more

USD/JPY Orders

Published on 2012-02-29 15:20:54

Updated 4:15pm EST, 9:15pm GMT. At the time of this writing showing slowdown circa 76-78% of the last leg down... more

And As A Friendly Reminder, This Is What EUR/USD Did During LTRO1

Published on 2012-02-29 02:49:54

Here’s what happened to EUR/USD during LTRO1: -50 pip initial spike, seeing resistance at 00 + resistance confluence zone. -the... more

EUR/USD Orders Pre LTRO

Published on 2012-02-29 02:15:24

Offers ahead of 3500, barrier option protection cited large/strong Offers and stops 3510 Offers ahead of 3525, stops above Offers... more

A Prelude to LTRO

Published on 2012-02-29 00:02:16

The hype surrounding the latest version of the ECB’s LTRO is certainly not like the last. There was a muted... more

USD/JPY Orders

Published on 2012-02-28 15:45:21

Currently basing out in an intersection following a “triple tap” yesterday into today. Topside breakout strategies now have several supply... more

EUR/USD Orders

Published on 2012-02-28 02:40:57

Early supply mentioned 3450 through 70 – circa 76% of the last move, stops mentioned on a break Ahead of... more

EUR/JPY Update with Flows

Published on 2012-02-27 19:22:59

Still trading (and expecting) sideways post stop extermination across yen pairs. Resistance now just above 108 (23% of this last... more

GBP/USD Orders

Published on 2012-02-27 14:08:51

Consistent selloff through Asia, London and NY today with any attempts higher quickly capped by more selling. With the move... more

EUR/USD Orders

Published on 2012-02-27 03:41:27

Early London move is down on leveraged selling. Blockade came in circa 3420 from noted semi-official demand, also corresponds with... more

Trading Breakouts On The Small Stuff And Ditching Major Levels

Published on 2012-02-24 17:34:08

The reasons for anyone to want to trade a breakout of a major resistance or support zone are obvious, but... more

EUR/USD and EUR/CHF Update

Published on 2012-02-24 04:25:07

EUR/USD: Initially, 1.3400 barrier protection interest was noted ahead of 3400 today. Now, Asian sovereigns / real money are being... more

Friday Orders – EUR/USD

Published on 2012-02-24 02:15:12

Offers 3380-85 Stops 3390 Large barrier protection ahead of 3400 Offers and stops 3410 Offers and stops 3450-60 Offers 3480-85... more

Our Google+ Page is Live (And I Still Have No Idea Why I Need It)

Published on 2012-02-23 16:43:51

Curiosity got the better of me and I just grabbed one of these. After a quick breeze around Google+ today... more

Flushing Stops; EUR/USD Orders and What We’re Running Into

Published on 2012-02-23 14:45:09

Needless to say it is a rather rare event to see spikes like this at the end of U.S. trading... more

EUR/USD Orders

Published on 2012-02-23 02:37:23

Offers 3300-10 Offers ahead of 3325 (option barrier) 3330 stops to 3350 Offers ahead of 3350 Offers 3380-85 Bids 3250-30... more

EUR/USD Orders

Published on 2012-02-22 20:00:04

Major event on tap today is the release of German IFO at 0900 GMT. 3270-80 offers stops above offers ahead... more

It Just Won’t Die

Published on 2012-02-22 18:22:10

Falling asleep and watching EUR/USD over the past 2 days seem to have gone hand in hand. With every bear... more

2 Little Votes For Big Money and Look What Happens / Cable Orders

Published on 2012-02-22 14:25:20

It’s the rarity of the situation that’s basically striking this market at this point. 2 votes to increased the APF by 25bn more than... more

USD/JPY Orders

Published on 2012-02-22 14:09:35

Offers: ahead of 81.00 (option barrier) ahead of 80.50 (option barrier) 80.40 touted strong Bids:  79.95-90 79.80-75 79.60-50 Stops 79.30... more

Ahead of the MPC Meeting Minutes

Published on 2012-02-22 03:02:30

As usual, eyes seem more focused on the Asset Purchase Facility which the market now expects to show have been... more

EUR/USD Orders

Published on 2012-02-22 02:03:40

Cleaned up list from earlier post: Offers: 3270-80 ahead of 3300 3310, noted strong ahead of 3325 and stops just... more

Preliminary Orders: EUR/USD

Published on 2012-02-22 01:53:26

***This list has been updated for today. Click here to view: http://www.nobrainertrades.com/2012/02/eurusd-orders-2.html Still a bit early but a few new items... more

GBP/USD Orders

Published on 2012-02-21 14:32:45

Offers 1.5900 Offers ahead of 1.5950 (option barrier) Offers ahead of 1.6000 (option barrier) Bids 1.5750-40 Bids ahead of 5700... more

EUR/USD Orders

Published on 2012-02-21 02:26:03

Offers: ahead of 3300 – option barrier 3310 offers stops above 3325 stops ahead of 3350 – option barrier 3380-85... more

AUD/USD Orders Post Greece / RBA Meeting Minutes

Published on 2012-02-20 22:20:19

Offers: 1.0790-95 1.0800-05 1.0825 ahead of 1.0850 ahead of 1.0900 And bid / stop blocks: 1.0670-60 bids Stops sub 1.0740... more

Press Conference Motherload

Published on 2012-02-20 15:57:08

This is perhaps the only thing messing with my otherwise quiet President’s Day (then again, I work on my own... more

New At NBT: Minutes Section

Published on 2012-02-20 14:57:47

After a long and drawn out battle with Twitter’s limitations of post size, as well as Facebook’s incompatibility with microblogging... more

EUR/USD Flows

Published on 2012-02-20 13:10:06

Without much to counter, higher yielders continue to crawl. What we’ve got so far in terms of EUR/USD: Offers now... more

Preliminary EUR/USD Orders / Key Points for Today

Published on 2012-02-20 02:05:43

Preliminary orders today noted on EUR/USD: Bids 1.3180-70 Bids 1.3140-35 (NY friday close at 1.3139) Eyes wide on the open... more

Test Post

Published on 2012-02-18 13:16:46

testing

Quant. Strategies vs. The Idiocies of Human Nature: Using One to Help The Other

Published on 2012-02-09 20:17:35

I had some friends come by to pay me a visit not too long ago and to much of their... more

IMF Forecasts for 2012 and 2013

Published on 2012-01-25 13:51:59

A clean graph from Reuters showing IMF projections for 2012 and 2013. Some of the more notable observations from the... more

This Presentation Explains Everything You Could Want to Know About the FX Market

Published on 2012-01-24 16:13:46

It never seems to shock us how few people have even a deep simple understanding of the market in which... more

NBT’s “Expectation Versus Reality”, Latest Edition

Published on 2012-01-23 16:17:40

There always seems to be a severe disconnect in terms of expected news events and the manner in which people... more

Depression and Trading (Jim Jeffries)

Published on 2012-01-22 15:02:40

We all get inspired by different things, and I recently did something that I haven’t done in a long time: go to... more

The SNB Is Getting Closer to Using the Bat Signal – EUR/CHF Back in the 1.2000′s

Published on 2012-01-19 14:58:30

It was almost exactly 2 years ago that Philipp Hildebrand, the then newly appointed head of the SNB (that didn’t... more

The People Sponsoring SOPA and Supporting PIPA: Political Affiliation and Where They’re From

Published on 2012-01-18 13:33:58

SOPA and PIPA are getting the brunt of attention today due to a very common issue with bills in Congress:... more

S&P Expectedly Angers More People Than Expected

Published on 2012-01-16 17:08:12

Rating agencies undoubtedly have one of the most sadistic jobs in this business: when something is bad, they kick that... more

Build a Database of Charts to Help You Prepare for Future Price Movements

Published on 2012-01-03 13:41:25

Organization is something I have consistently noticed lacking by many traders I have met over the years.  Not that it... more

Central Banks as Currency Traders, 2011 Edition

Published on 2012-01-02 19:56:56

With insane levels of turmoil hitting news wires and volatility striking left and right, it seems so easy to forget... more

50,000 Ways to Enter, Which One Is Right?

Published on 2011-06-29 12:11:17

In my eyes, my public speaking skills remain either atrocious or some form of hilarious with shots of reality. I was able to give the “blooper reel” a lot of ammunition this past weekend while speaking in Florida: “This stuff is bor

A Few Final Words About This Industry Before Next Weekend’s Workshop

Published on 2011-06-17 12:03:38

Hi everyone, I have been getting hammered with emails ever since the announcement of the online component of the workshop….if you know one thing about me by now, it is that I have never been a fan of the educational, commercial side of this bus

Professional Versus Self-Taught FX Traders; A Long/Short Hedge

Published on 2011-06-08 01:57:40

Following a guest post yesterday I was either deservingly or not hit with a few comments that spoke to the tone of questioning abilities so today I’m going to show you why none of it even matters in the first place: One thing that has always b

Guest Post: 21 Ways to Tell You’re Dealing with an Amateur

Published on 2011-06-07 10:41:29

� 1. They refer to the market as “The Forex” (if you do this we beg:  get it out of your vocabulary ASAP) 2. Set up a spreadsheet showing how much money they make if they just pull “only” 5% a day, start planning around

Non-Farm Primer – The ADP Implication and Technical Misconceptions

Published on 2011-06-03 02:14:08

Following the release of ADP on Wednesday I was groaning on Twitter about this lack of reliability in terms of this report, and how it is really no better than just a consensus estimate. ADP has gained enough traction to the point where it, without a

The Need to Know – Bloodbath Edition

Published on 2011-06-02 01:50:33

� Not, exactly, a quiet day yesterday.  World equity markets collapsed on a culmination of poor data all across the board. The tally: S&P500: -2.28% DJIA: -2.22% FTSE: -1.02% DAX: -1.05% …and as of this writing: Nikkei: -1.59% Shangha

Had you listened….

Published on 2011-05-31 23:57:58

….to the bulk of FX analysis on the planet yesterday you probably would have been fiercely buying into EUR/JPY or USD/JPY following the uptick higher leading into yesterday’s London session. Consistency seemed to remain across the major n

A Different Type of Announcement Today

Published on 2011-05-31 07:05:06

In its third year now, this blog has seen a wide range of posts that, in my opinion, can really only serve so much purpose in terms of enhancing one’s trading ability. While we have been wanting to do this for a while , learning how to teach pr

Making a Killing While Making a Killing – BoNY Taking Heat for a Worn Out Practice

Published on 2011-05-24 04:17:44

As if the practices on Wall Street haven’t been criticized enough in the past few years, it is shameful that any added fuel gets tossed on this already roaring fire. Over the past couple of days we have seen several articles trickling in about

The Currency / Equity Correlation

Published on 2011-05-19 07:31:23

Many investors that try to decipher market flows and attempt to understand the way money moves in and out of this or other markets are likely to, at one point or another, refer to the correlation between equities and currencies. I can tell you that b

Trading Addiction: Wasting Away Your Time and Money

Published on 2011-05-18 06:48:50

The word “addict” conjures negative thoughts – it is a dependency, psychologically and physically, that has one spending his or her time on activities that have taken over other major aspects of life.  For some addictions, life’s activities

NBT Morning Macro

Published on 2011-05-17 02:50:39

I’m posting some quick notes this morning as the session is getting on; more to discuss in terms of specifics but here are some major points based on yesterday’s action and today’s events on tap. You can also follow me on twitter fo

A Guide To S&P’s Credit Ratings by Country

Published on 2011-05-16 08:42:39

Rhetoric related to credit ratings, and actual upgrades and downgrades have been responsible for some massive currency movements, particularly over the last few years as nation after nation gets sacked with troubles.  Mint.com provides us with a mas

CME Pricing and Volume Data

Published on 2011-05-16 07:50:52

For those of us that hate the fact that this market can be oh so, how you say, blank, in terms of information and any form of transparency, the CME group now offers a (much improved) version of their data free for viewing. I haven’t seen the we

Why Wrong = Good

Published on 2011-05-16 02:49:39

With a slew of propaganda out there telling us to go up, down, sideways, trade with this, that and the other thing, my common reaction to all of this is just sit, observe and work. Here’s a recent speech (just posted earlier on CNN today) about

On Arrests, Unwinds and More Bailout Cash

Published on 2011-05-16 02:24:42

As the rush of unwinds, short term sellers and event-chasers continued to step up to the plate last week, a continued, slight gap lower came in today with the help of yet another event, perhaps less conventional. It’s mainstream buzz at this po

The Most Obvious Thing To Do

Published on 2011-05-12 16:22:34

First, let’s start off the day by just throwing around some words: Pure, clean, clear, clean, simple, plain, authentic, wholesome, pristine, immaculate, untainted, true, flawless, natural, unstained, genuine, virtuous, unblemished, straightR

NBT Q&A with InnerFX

Published on 2011-05-06 09:00:01

I was recently asked if I minded being interviewed by a friend of the site, Liviu of InnerFX, to which I replied, “okey dokey”. I’m regularly asked questions from readers via email, social media, messages attached to catapult projec

Free Academic Courses for Finance & Economics

Published on 2011-05-05 15:15:21

Open learning initiatives are a growing trend among universities and the below list can be considered somewhat limited in the fact that it emphasizes Finance and Economics, and only in English / the US.  There are now many schools all around the wor

Liquidity Gaps and Spike Removals

Published on 2011-05-05 15:07:42

� Video notes: Liquidity gaps can be vary valuable in both dissecting price and distinguishing major reversal points or price targets. When using as a meter to take profits, do so when gap risk becomes considerably lower, at the base or origin o

My Daily Routine: Checks and Balances for a Successful Trading Session

Published on 2011-04-06 03:06:38

After all these years, one thing I have never actually discussed on this site is my daily routine: what I do to help prepare myself for a good daily run. I have been asked about this many times now so this post has nothing but the intent of clearing

This…Video…Rules

Published on 2011-03-18 10:06:57

This could be the coolest thing to ever happen to NBT…..we have nothing but awesome readers: For maximum effect: full screen = on Speakers = up Shades = off High five to Waras Enjoy your weekend!

How To Improve Your Equity Curve With Zero Skill

Published on 2011-03-18 06:15:16

There are a number of things that make a person a better trader, and several of those things have absolutely nothing to do with a person’s ability to trade. Over the years, I have seen a number of wildly different scenarios – from money mange

Volatility, a Function of Liquidity

Published on 2011-03-18 01:54:20

The following is a guest post by Chris Lori, a Commodity Trading Advisor and head of ProTrader’s Club, which offers research and other educational related services for foreign exchange traders. - – - – - – - – - —

USD/JPY Frenzy – Technicals On Today’s Massive Move

Published on 2011-03-17 02:14:39

USD/JPY: Falling to sharp record lows on a frightening lack of liquidity / harsh selling.  This morning, a sharp retracement bringing the pair back up to fill in the liquidity gap which started at 79.76, which in turn acts as resistance. EUR/USD: Su

Windows Productivity Master – Time-Saving Ways to Customize Your PC and Get Reorganized

Published on 2011-03-11 12:58:58

My mother always used to say: “organization is the key to success”. While  I’ve debated this many times, ascertaining that other factors come into play, one thing that really annoys the hell out of me are messes.  I can’t fi

5 Must-Know Time Management Rules for Traders

Published on 2011-03-09 18:00:50

Part-time traders have it rough.  While we all like to think of electronic markets trading around the clock as a huge advantage, it doesn’t come without its hindrances.  Just because a market is open doesn’t mean that the time you are present i

A Bold Revival – Staging Your Comeback as a Lean, Mean Trader

Published on 2011-03-07 18:27:46

Revival.  It’s a word that can strike us, inspire us, motivate us to press forward and initiate change in order to improve the well-being of ourselves or those around us.  This blog has been active for several years now, and while it presses

Farming For Pivots

Published on 2011-03-07 18:20:39

Regular followers of this site may or may not already be aware of the fact that we have had, in our existence a very good friend for quite some time.  Since my early days of “going solo” I have known and eventually become good friends wi

Getting Peacocked

Published on 2011-02-09 13:33:43

There is a problem of which many of us are already aware:  so many people talk so much about trading systems, technical indicators, and basic fundamental data but all of the discussions really do is just one thing and that’s mask a core issue: Cer

nbtsmall

Published on 2011-02-04 13:21:24

nbtsmall

Published on 2011-02-04 13:20:52

Chartsweeper: EUR/USD

Published on 2011-01-28 10:42:09

The trendline that never quit finally threw in the towel today, thanks to some steady increases in US GDP (Advance #) and lackluster rhetoric from the Eurozone. In regards to the GDP: forget the Street expectation / consensus…it’s all noi

Goldman Draws Some Trendlines

Published on 2011-01-19 14:48:47

Just a quick post some of you may be interested in.  We’re talking 6 days old on this one but I’m playing catchup with the new redesign of the site.  In regards to EUR/USD, if you are curiously wondering why the mysterious top today, yo

January 15-16, 2011 We Are In The Process Of Renovation

Published on 2011-01-15 15:53:03

NoBrainerTrades is shifting to a new platform and will be worked on from 4:00pm EST on January 15, 2011 through the next day.  Please check back later for a new and enhanced version of the site.  Thank you for your loyalty and look forward to seein

Portuguese Debt Calls Up Euro Price Action

Published on 2011-01-12 06:01:00

A few things worth nothing today: As is typically the case ahead of any release expected to reign in volatility, EUR/USD hit the breaks at a major technical level (spike base). I was in the trading room shortly after the nonfarm release on Friday,

Japan and the US: Two Peas In A Pod?

Published on 2011-01-12 05:30:00

While we go ahead and make the utterly scary similarities between the US and Japan, the playing field does indeed remain wide open given recent means of monetary policy....but it doesn't change the situation. Since the decline of US rates we have se

ADP Opens A Can Of What The...

Published on 2011-01-06 01:11:00

Hold your horses, cowboy. The ADP shock today blew a little magic dust on the currency markets and boosted USD into a solid 1.02% upclose. Going into the ADP number Euro was declining steadily after falling off of the top of a range of resistance pa

Free Resources for FX Traders Take 2

Published on 2011-01-05 03:20:00

It has been quite a while since our Free Resources For FX Traders section was updated. I am asking for help in expanding this list and making it a little more robust going into 2011. I added/subtracted a few things the other day, but will make a co

2010 Closeout...Finding What Clicks In Sporadic Ramblings

Published on 2010-12-31 10:24:00

Well the day is here, and I am no doubt leaving 2010 in silence as this office complex is virtually bare boned empty today. I always thought about the idea of taking off this long winter stretch, mimicking the actions of a bear in hibernation but th

2010 Performance and Aggregate Data

Published on 2010-12-30 12:54:00

Below you’ll find a list of data used to summarize the overall latest picture of where we will end the year in terms of rates and current status of last month/Q3 data for all others. Liquidity continues to dry up this week as portfolios make a

Take The Easy Ones, And Don’t Do Anything Stupid In The Meantime

Published on 2010-12-29 10:22:00

As 2010 comes to a close and I dig around for any possible way to summarize yet another tumultuous year, I am reminded of the origins of this site and the premise on which it all began. Some people might be attracted to the title of simplicity while

And Now For Goldman….

Published on 2010-12-28 18:13:00

Links below point to Goldman’s 2011 Global Economic Outlook piece published roughly a week prior to the Morgan Stanley docs posted yesterday. GS has been criticized lately on their seemingly overly bullish outlook for local stock indices, which

15 Predictions for 2011

Published on 2010-12-28 10:15:00

Below is a link to a thought-provoking article brought to light by Barry over @ The Big Picture discussing Doug Kass’ annual prediction list for 2011. Doug has been compiling this list since 2003, though admittedly this is the first year I have