Trading Consultants Inc. Weekly Review Week Ending July 21st 2017

Trading Consultants Inc. Weekly Review July 21st

-2017-07-21 09_50_-Forex Factory

Truthfully man does not his capabilities until he does what others think impossible. With steady hand  we are near to a break even for the account. Stay tuned we may have even more surprises in store.

The week brought more success. Nearly 50% of our open positions are positioned for decline of the British Pound, and our charts still remain clearly in agreement monthly . Now the pundits are piling in to our talking points. Reminder we trade from the monthly charts. thus unrecognized loss can be quite high at times as we leverage modestly and await success patiently.

Closing results: WE 7/14 URL -$632,000 ,Margin 398.41% ,Balance $1,344,234.01 ,Equity $706,012

Closing results: WE URL 7/21 URL  -$436,614 , Margin 554.45% , Balance $1,361,655.05 ,Equity $914,040.36

A review of some of  the  pairs open Week Ending  July 21st

  • EURAUD  4 lots short  The weekly demand exhausted early  and decline continues. The monthly supports that view.  1.37 target
  • EURAUD-2017-07-21 17_14_-51566_ FXChoice-Pro Demo - Demo Account - EURAUD,Weekly
  • -2017-07-14 17_17_-51566_ FXChoice-Pro Demo - Demo Account - EURAUD,Weekly
  • EURCAD 4.5 lots short Weekly supply has a strong bearish engulf. Now that is followed by a nice three black crows formation.  easy to see 1.40 or less.
  • EURCAD -2017-07-21 17_14_-51566_ FXChoice-Pro Demo - Demo Account - EURCAD,Weekly
  • -2017-07-14 17_18_-51566_ FXChoice-Pro Demo - Demo Account - EURCAD,Weekly
  • EURUSD Short Hard to see we are considering possible break out except Draghi is talking again  and so sure enough the pundits agree with us from last week.
  • -2017-07-21 15_53 Euro to fall 7.5%
  • -2017-07-14 17_19_-51566_ FXChoice-Pro Demo - Demo Account - EURUSD,DailyGBPCAD 3 lots short  WE have successfully navigated back from a substantial loss position to  MODEST 3 LOTS  -$1733 WITH A NEW “WAR” STRATEGY.
  • GBPCAD -2017-07-21 18_16_-51566_ FXChoice-Pro Demo - Demo Account - GBPCAD,Monthly
  • GBPJPY  32 lots short Position is 200% over plan as we set our sights on a nice return. The “dragon ” is a very crafty pair but we should tame him to 140 and perhaps 130 before roaring back to 161.
  • GJ 32 lots short
  • -2017-07-21 18_20_-51566_ FXChoice-Pro Demo - Demo Account - GBPJPY,Weekly
  • Controlling PA -2017-07-14 17_06_-51566_ FXChoice-Pro Demo - Demo Account - GBPJPY,Monthly
  • GBPUSD  3 lots short
  • -2017-07-21 15_51_-Sterling to fall 15 percent on slowing UK growth, BoE inaction_ Voya
  • PA -2017-07-21 18_25_-51566_ FXChoice-Pro Demo - Demo Account - GBPUSD,Daily
  • controllling PA -2017-07-14 17_02_-51566_ FXChoice-Pro Demo - Demo Account - GBPUSD,Monthly
  • USDJPY  hedge net 7 lots short current PA Combo Engulf from weekly Supply .
  • PA -2017-07-21 18_27_-51566_ FXChoice-Pro Demo - Demo Account - USDJPY,Weekly
  • Last week we shared this chart
  • Controlling PA -2017-07-14 16_59_-51566_ FXChoice-Pro Demo - Demo Account - USDJPY,Daily
  • DAX 30  partial hedge 3.5 lots short all three TF are in agreement.
  • DAX 30 PA -2017-07-21 17_08_-51566_ FXChoice-Pro Demo - Demo Account - .DE30Cash,Weekly
  • controlling PA -2017-07-14 16_54_-51566_ FXChoice-Pro Demo - Demo Account - .DE30Cash,Weekly

 

All pairs and CFD’s traded can be seen there if you are  Forex Factory member and a buddy of TurtleMan.

  • Jon, and I occasionally Adam as our newest intern review our trade created charts. We agree on one for each pair that is the consensus choice for what is the current Controlling PA.   By design we rarely add verbiage to our charts.
  • We review leverage and size of all open positions.for an update regularly for our leverage at 17 to 1 as  of  Sunday prior to market open  You can check here. Trade report  If the link is not available you can view the entire account access via this portal used by commercial accounts to showcase their strategies and results.TurtleMan’s 51566 Trading Consultants Inc
  •  We meet via Skype or in person at 4-6 PM EST ( 9-11 PM GMT ) to smoke a great cigar and have a single shot of a nice single malt.
  • After review, we conduct a board meeting that takes about 15 minutes then we are done.
  • Until next Friday follow us daily on Facebook 

Trading Consultants Inc. Weekly Review Week Ending July 14th 2017

Trading Consultants Inc. Weekly Review July 14th

The week brought surprise and success. Nearly 50% of our open positions are positioned for decline of the British Pound, and our charts still remain clearly in agreement . We have been able to miss the dollar decline but failed to capitalize on that decline as none of our monthly charts were convincing enough for us to take action. So now  months later we are recovering from a massive surprise our account remains  intact and all chart patterns  are with us long term . Reminder we trade from the monthly charts. thus unrecognized loss can be quite high at times as we leverage modestly and await success patiently.

Closing results: URL -$638,916 ,Margin 398.41% ,Balance $1,344,929.01 ,Equity $706,012

A review of pairs open Week Ending  July 14th

Pair

  • EURAUD short  The weekly demand should exhaust early next week and decline continue. The monthly supports that view.  EURAUD -2017-07-14 16_34_-Forex News @ Forex Factory
  • -2017-07-14 17_17_-51566_ FXChoice-Pro Demo - Demo Account - EURAUD,Weekly
  • EURCAD short Weekly supply has a strong bearish engulf. EURCAD 5.5 lots short
  • -2017-07-14 17_18_-51566_ FXChoice-Pro Demo - Demo Account - EURCAD,Weekly
  • EURUSD Short Hard to see we are considering possible break out except Draghi is talking again …EURUSD 10 lots short
  • -2017-07-14 17_19_-51566_ FXChoice-Pro Demo - Demo Account - EURUSD,Daily
  • GBPCAD short GBPCAD 8 lots short
  • GBPJPY  short
  • GBPJPY 30 lots short about 180 K URL
  • Controlling PA -2017-07-14 17_06_-51566_ FXChoice-Pro Demo - Demo Account - GBPJPY,Monthly
  • GBPUSD  short GBPUSD
  • controllling PA -2017-07-14 17_02_-51566_ FXChoice-Pro Demo - Demo Account - GBPUSD,Monthly
  • USDJPY  shortUSDJPY partial hedge 7 lots net short
  • Controlling PA -2017-07-14 16_59_-51566_ FXChoice-Pro Demo - Demo Account - USDJPY,Daily
  • DAX 30  short WE 7-14 - DAX 30 9.5 lots short about -150 k URL
  • controlling PA -2017-07-14 16_54_-51566_ FXChoice-Pro Demo - Demo Account - .DE30Cash,Weekly

 

All pairs and CFD’s traded can be seen there if you are  Forex Factory member and a buddy of TurtleMan.

  • Jon, and I occasionally Adam as our newest intern review our trade created charts. We agree on one for each pair that is the consensus choice for what is the current Controlling PA.   By design we rarely add verbiage to our charts.
  • We review leverage and size of all open positions.for an update regularly for our leverage at 17 to 1 as  of  Sunday prior to market open  You can check here. Trade report  If the link is not available you can view the entire account access via this portal used by commercial accounts to showcase their strategies and results.TurtleMan’s 51566 Trading Consultants Inc
  •  We meet via Skype or in person at 4-6 PM EST ( 9-11 PM GMT ) to smoke a great cigar and have a single shot of a nice single malt.
  • After review, we conduct a board meeting that takes about 15 minutes then we are done.
  • Until next Friday follow us daily on Facebook 

Trading Consultants Inc. Monthly Planning Review for July

Trading Consultants Inc  Monthly Planning Review for July

Trading Consultants Inc begins each month , Jon, and I and occasionally Adam and Rick doing their own chart work that begins with the 8 step process we show here.

Step 1 Determine direction from Monthly Line chart …..

There are 4 answers up down range or unsure If unsure we do not trade that pair for the month.

Step 2  Examine Monthly candle chart for PA

Here we take the same chart and begin to seek PA  Price action ( candle patterns with any chart thru H4

Step 3 Repeat steps 1 and 2 for weekly chart

here we repeat steps 1 and 2 for weekly charts

Here we find both direction  and Price Action

Step 5 & 6 and 7 & 8 are repetitions of steps 1 and 2 for the daily and H4 Timeframes.

This is completed for every pair and CFD our broker offers for trading via Forex. So no Futures’ hassles, no commodities weird names.

After this we have a listing of pairs eligible for our traders to consider and trade with PA and zone from H4 through Monthly Trading Monthly PA is not recommended for traders using margin as the zones are deep and reaction very broad. We review existing positions for action during the following month.

We have shown with earlier blog posts each and every pair for a monthly review. Going forward we will simply highlight some key charts .

Now here are the pairs for April  2017 and the controlling PA chart

DE30Cash,Monthly,Monthly Ranging from 12500 to 9500 - CopyDE30Cash,Monthly,Monthly Ranging from 12500 to 9500

Day 16 will begin with PA 3-2017-06-30 16_28_-51566_ FXChoice-Pro Demo - Demo Account - .DE30Cash,Daily
DAX 30 7.5 lots short with PA downward from weekly supply

 

EURAUD,Daily, Daily supply special Controlling PA 2017-03-28 13_23_56-51566_ - CopyEURAUD,Daily, Daily supply special Controlling PA 2017-03-28 13_23_56-51566_EURAUD,Monthly Ranging from 1.63 to 1.38EURAUD,Monthly Ranging from 1.59 to 1.23

PA -2017-06-30 16_47_-51566_ FXChoice-Pro Demo - Demo Account - EURAUD,Weekly


 

EURCAD,Monthly 2017-04-01 11_33_33-51566_EURCAD,MonthlyEURCAD,Monthly, Ranging from 1.53 to 1.30

PA -2017-06-30 16_50_-51566_ FXChoice-Pro Demo - Demo Account - EURCAD,Weekly

EURCHF,Monthly, Ranging from 1.11 to .98EURGBP,Monthly2017-04-01 09_53_20-51566_ Bear Engulf with 2 months retracementEURNZD,Monthly, Uncertain stop losses in placeEURUSD,Monthly, Ranging from 1.15 to 1.04GBPAUD,Monthly Controlling PA 2017-03-28 13_23_56-51566_GBPAUD,Monthly, Downward

PA -2017-06-30 16_53_-51566_ FXChoice-Pro Demo - Demo Account - GBPAUD,Weekly
June 30 close

GBPCAD,Monthly, DownwardGBPCHF,,Monthly, Demand uncertainGBPJPY,Monthly 2017-04-01 11_23_39-51566_ GBPJPY,MonthlyGBPJPY,Monthly, DownwardGBPNZD,Monthly, UnsureSoybean,Monthly 2017-04-01 11_45_45-51566_ Soybean,MonthlyUSDCHF Monthly .Controlling PA Bear Engulf with 2 months retracement MonthlyUSDJPY,Monthly, Ranging

Fortunately we do not spend what we earned .
Our margin closed at $161052 about 17 to 1
We have amended our rule of 5% to accommodate what we believe is a solid position in DAX 30 short. as well as  GBPJPY short position.  All other positions are within our trading plans .

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Trading Consultants Inc. Weekly Review Week Ending June 23rd 2017

Trading Consultants Inc. Weekly Review June 23rd

We wrote in April “Trading Consultants Inc and its partners will always share the facts as  we believe them to be.  The surprise election that was called by PM May was the kind of event that always seems to take all but the elite by surprise. These events are why we rarely use more than 10% of our margin so that when its needed to handle the surprise we can deal with it rationally and without emotion.  Some observations are important to us as we always strive to improve” .

Nearly 50% of our open positions are positioned for decline of the British Pound, and our charts still remain clearly in agreement . We have been able to miss the dollar decline but failed to capitalize on that decline as none of our monthly charts were convincing enough for us to take action. SO now about 45 days later we are recovering from a massive surprise still intact and all chart patterns  are with us long term Reminder we trade from the monthly charts.

A review of pairs open June 23rd

Pair                                   Size Position         (Full Position about 10 lots plus minus 2 lots)

  • DAX 30 CFD               6 lots –   -$122486  -12.2%               –
  • AUDCAD                     2  Lots  short
  • AUDJPY                      1 Lot net short
  • AUDUSD

  • CADJPY                      1.2  lots short   -1,500
  • CHFJPY                         .1 lot exploratory

  • EURAUD                      6 Lots short
  • EURCAD                      6.5 lots short
  • EURCHF                      3  Lots short
  • EURNZD                      .5  lots short     -542
  • EURUSD                      8.5 Lots short



  • GBPAUD                     10 Lots short

  • GBPCAD                       8 Lots Short
  • GBPCHF                      .
  • GBPJPY                        27  Lots  Short   -64245 -6.4%
  • GBPNZD                      1 Lots  Short
  • GBPUSD                      2 lots short

  • USDCAD                     Closed no position
  • USDJPY                       Hedged 7 net short  – -41209

 

All pairs and CFD’s traded can be seen there if you are  Forex Factory member and a buddy of TurtleMan.

  • Jon, and I occasionally Adam as our newest intern review our trade created charts. We agree on one for each pair that is the consensus choice for what is the current Controlling PA.   By design we rarely add verbiage to our charts.
  • We review leverage and size of all open positions.for an update regularly for our leverage at 14 to 1 as  of Sunday prior to market open  You can check here. Trade report  If the link is not available you can view the entire account access via this portal used by commercial accounts to showcase their strategies and results.TurtleMan’s 51566 Trading Consultants Inc
  •  We meet via skype or in person at 4-6 PM EST ( 9-11PM GMT ) to smoke a great cigar and have a single shot of a nice single malt.
  • After review, we conduct a board meeting that takes about 15 minutes then we are done.

Margin Level is 612.21 %  $140,381  controlling about 14 MM. dollars of currency  and contacts in pairs, C F D’ s, and Dow 30. Our unrecognized loss is $453,600 about  3.5% of our open contracts.

Net equity $872,924  representing a -12.7% loss to date .  The best is on its way . To those who counted us out in April  you simply do not understand the swings that monthly charts require you to endure….

Trading Consultants Inc. Weekly Review Week Ending June 16th 2017

Trading Consultants Inc. Weekly Review June 16th

We wrote in April “Trading Consultants Inc and its partners will always share the facts as  we believe them to be.  The surprise election that was called by PM May was the kind of event that always seems to take all but the elite by surprise. These events are why we rarely use more than 10% of our margin so that when its needed to handle the surprise we can deal with it rationally and without emotion.  Some observations are important to us as we always strive to improve” .

Nearly 50% of our open positions are positioned for decline of the British Pound, and our charts still remain clearly in agreement . We have been able to miss the dollar decline but failed to capitalize on that decline as none of our monthly charts were convincing enough for us to take action. SO now about 45 days later we are recovering from a massive surprise still intact and all chart patterns  are with us long term Reminder we trade from the monthly charts.

A review of pairs open June 16th

Pair                                   Size Position         (Full Position about 10 lots plus minus 2 lots)

  • DAX 30 CFD               6 lots –                   -131 K hedged
  • AUDCAD                     2  Lots  short       -14.4 K
  • AUDJPY                      1 Lot net short      -7.5K
  • AUDUSD

  • CADJPY                      1.2 lots short  -1.3K

  • EURAUD                      3 Lots short   -17 K
  • EURCAD                      6.5 lots short  -31 K
  • EURCHF                      4  Lots short    -7K
  • EURNZD                      1.5  lot short   -1K
  • EURUSD                      6.5 Lots short  -40K



  • GBPAUD                     15 Lots short  -54K

  • GBPCAD                      6 Lots Short   -37K
  • GBPCHF                      .
  • GBPJPY                        20  Lots  Short   -61K
  • GBPNZD                      1 Lots  Short       1K
  • GBPUSD                      2 lots short         -5.5K

  • USDCAD                     Closed no position
  • USDJPY                       Hedged 7 net short  -30K

 

All pairs and CFD’s traded can be seen there if you are  Forex Factory member and a buddy of TurtleMan.

  • Jon, and I occasionally Adam as our newest intern review our trade created charts. We agree on one for each pair that is the consensus choice for what is the current Controlling PA.   By design we rarely add verbiage to our charts.
  • We review leverage and size of all open positions.for an update regularly for our leverage at 13 to 1 as  of Sunday prior to market open  You can check here. Trade report  If the link is not available you can view the entire account access via this portal used by commercial accounts to showcase their strategies and results.TurtleMan’s 51566 Trading Consultants Inc
  •  We meet via skype or in person at 4-6 PM EST ( 9-11PM GMT ) to smoke a great cigar and have a single shot of a nice single malt.
  • After review, we conduct a board meeting that takes about 15 minutes then we are done.

Margin Level is 612.21 %  $140,381  controlling about 12MM. dollars of currency  and contacts in pairs, CFD’s, and Dow 30. Our unrecognized loss is $455,600 about 8 % of our open contracts.

Net equity $859,742  representing a -11.5% loss to date .  The best is on its way . To those who counted us out in April  you simply do not understand the swings that monthly charts require you to endure….

Trading Consultants Inc. Weekly Review Week Ending April 28th 2017

Trading Consultants Inc. Weekly Review April 28th

Trading Consultants Inc and its partners will always share the facts as  we believe them to be.  The surprise election that was called by PM May was the kind of event that always seems to take all but the elite by surprise. These events are why we rarely use more than 10% of our margin so that when its needed to handle the surprise we can deal with it rationally and without emotion.  Some observations are important to us as we always strive to improve . Nearly 50% of our open positions are positioned for decline of the British Pound.  and our charts still remain clearly in agreement . We have been able to miss the dollar decline but failed to capitalize on that decline as none of our monthly charts were convincing enough for us to take action

A review of pairs open April 21th

Pair                                   Size Position (Full Position about 10 lots plus minus 2 lots)

  • Dow 30 CFD              5 lots short  approximately -41K
  • AUDCAD                    9 Lots  short  – 19 K      (900,000 of contracts )
  • AUDJPY                      1 Lots short
  • AUDUSD                     no position
  • Dollar INDEX CFD   no position currently
  • EURAUD                      3 Lots short
  • EURCAD                      5.5 lots short
  • EURCHF                      3.5 Lots short
  • EURNZD                      1 lot short   closed postion for 46K loss
  • EURUSD                      7 Lots short



  • GBPAUD                     16 Lots short

  • GBPCAD                      10 Lots Short
  • GBPCHF                      .5 Lots Short
  • GBPJPY                        5  Lots  long
  • GBPNZD                      7.5 Lots  Short
  • GBPJPY                       20 Lots Short
  • GBPUSD                      3.5 lots short

  • USDCHF                      Closed no position
  • USDJPY                       Hedged 5 long 5 short

2017-04-21 18_06_44-51566_ FXChoice-Pro Demo - Demo Account - AUDCAD,Monthly2017-04-21 18_07_56-51566_ FXChoice-Pro Demo - Demo Account - GBPJPY,Weekly2017-04-21 18_09_05-51566_ FXChoice-Pro Demo - Demo Account - USDJPY,DailyDE30Cash,Weekly 2017-04-21 18_02_20-51566_DE30Cash,Weekly

All pairs and CFD’s traded can be seen there if you are  Forex Factory member and a buddy of TurtleMan.

  • Our traders, Jake, Jon, and I occasionally Adam as our newest intern review our trade created charts. We agree on one for each pair that is the consensus choice for what is the current Controlling PA. Some are shown here  By design we rarely add verbiage to our charts.
  • We reviewed leverage and size of all open positions.for an update regularly for our leverage at 15 to 1 as  of Sunday prior to market open  You can check here. Trade report  If the link is not available you can view the entire account access via this portal used by commercial accounts to showcase their strategies and results.TurtleMan’s 51566 Trading Consultants Inc
  •  We meet via skype or in person at 4-6 PM EST ( 9-11PM GMT ) to smoke a great cigar and have a single shot of a nice single malt.
  • After review, we conduct a board meeting that takes about 15 minutes then we are done.

Margin Level is 490.82 %  $137,668  controlling about 14MM. dollars of currency  and contacts in pairs, CFD’s, and Dow 30. Our unrecognized loss is $610,286 about 7 % of our open contracts.

Net equity $675,712.33  representing a -35% APY

Trading Consultants Inc. Weekly Review Week Ending April 21st 2017

Trading Consultants Inc. Weekly Review April 21st

Trading Consultants Inc and its partners will always share the facts as  we believe them to be.  The surprise election that was called by PM May was the kind of event that always seems to take all but the elite by surprise. These events are why we rarely use more than 10% of our margin so that when its needed to handle the surprise we can deal with it rationally and without emotion. For the first time since we began this public demo we are annualized at a negative return.  That is a return of -11.2 %  Some observations are important to us as we always strive to improve . Nearly 50% of our open positions are positioned for decline of the British Pound.  and our charts still remain clearly in agreement . We have been able to miss the dollar decline but failed to capitalize on that decline as none of our monthly charts were convincing enough for us to take action

A review of pairs open April 21th

Pair                                   Size Position (Full Position about 10 lots plus minus 2 lots)

  • Dow 30 CFD              5 lots short  approximately -41K
  • AUDCAD                    9 Lots  short  – 19 K      (900,000 of contracts )
  • AUDJPY                      1 Lots short
  • AUDUSD                     no position
  • Dollar INDEX CFD   no position currently
  • EURAUD                      3 Lots short
  • EURCAD                      5.5 lots short
  • EURCHF                      2 Lots short
  • EURNZD                      7.5 lots short
  • EURUSD                      6.5 Lots short



  • GBPAUD                     16 Lots short

  • GBPCAD                      10 Lots Short
  • GBPCHF                      .5 Lots Short
  • GBPJPY                        5  Lots  long
  • GBPNZD                      7.5 Lots  Short
  • GBPJPY                       20 Lots Short
  • GBPUSD                      3.5 lots short

  • USDCHF                      2 Lots Short
  • USDJPY                       9 Lots Long   -33K

2017-04-21 18_06_44-51566_ FXChoice-Pro Demo - Demo Account - AUDCAD,Monthly2017-04-21 18_07_56-51566_ FXChoice-Pro Demo - Demo Account - GBPJPY,Weekly2017-04-21 18_09_05-51566_ FXChoice-Pro Demo - Demo Account - USDJPY,DailyDE30Cash,Weekly 2017-04-21 18_02_20-51566_DE30Cash,Weekly

All pairs and CFD’s traded can be seen there if you are  Forex Factory member and a buddy of TurtleMan.

  • Our traders, Jake, Jon, and I occasionally Adam as our newest intern review our trade created charts. We agree on one for each pair that is the consensus choice for what is the current Controlling PA. Some are shown here  By design we rarely add verbiage to our charts.
  • We reviewed leverage and size of all open positions.for an update regularly for our leverage at 12 to 1 as  of Sunday prior to market open  You can check here. Trade report  If the link is not available you can view the entire account access via this portal used by commercial accounts to showcase their strategies and results.TurtleMan’s 51566 Trading Consultants Inc
  •  We meet via skype or in person at 4-6 PM EST ( 9-11PM GMT ) to smoke a great cigar and have a single shot of a nice single malt.
  • After review, we conduct a board meeting that takes about 15 minutes then we are done.

Margin Level is 632.99 %  $151,321.08  controlling about 16MM. dollars of currency  and contacts in pairs, CFD’s, and Dow 30. Our unrecognized loss is $371,730.58 about 2.3 % of our open contracts.

Net equity $957,842.33  representing a -11.2% APY.

Trading Consultants Inc. Weekly Review Week Ending April 14th 2017

Trading Consultants Inc. Weekly Review April 14th

Trading Consultants Inc and its partners are excited with the 2nd  week of April being a dramatic improvement.  The unrecognized loss is  now 197K. Small relative to our open contracts value, we are confident long term our process works

 

 

  • A review of pairs open April 14th closed

Pair                         Size Position (Full Position about 10 lots plus minus 2 lots)

  • Dow 30 CFD              5 lots short  approximately -41K
  • AUDCAD                    9 Lots  short  – 15 K      (900,000 of contracts only 15K down)
  • AUDJPY                      8 Lots short   – 4500
  • AUDUSD                     1 lot exploratory
  • Dollar INDEX CFD   no position currently
  • EURAUD                      3 Lots short
  • EURCAD                      8 lots short
  • EURCHF                      2 Lots short
  • EURNZD                      7 lots short    -31K
  • EURUSD                      2 Lots short
  • GBPAUD                    14 Lots short   -28K
  • GBPCAD                      5 Lots Short
  • GBPCHF                      2 Lots Short
  • GBPJPY                        5  Lots  long
  • GBPNZD                      6 Lots  Short
  • GBPJPY                       11 Lots Short
  • GBPUSD                      2 lots short
  • USDCHF                     2 Lots Short
  • USDJPY                       9 Lots Long   -38K

2017-04-14 17_48_36-Forex Factory 01 of several2017-04-14 17_48_36-Forex Factory 02 of several2017-04-14 17_48_36-Forex Factory 03 of several

 

All pairs and CFD’s traded can be seen there if you are  Forex Factory member and a buddy of TurtleMan.

  • Our traders, Jake, Jon, and I occasionally Adam as our newest intern review our trade created charts. We agree on one for each pair that is the consensus choice for what is the current Controlling PA. Some are shown here  By design we rarely add verbiage to our charts.
  • We reviewed leverage and size of all open positions.for an update regularly for our leverage at 9 to 1 as  of Sunday prior to market open  You can check here. Trade report  If the link is not available you can view the entire account access via this portal used by commercial accounts to showcase their strategies and results.TurtleMan’s 51566 Trading Consultants Inc
  •  We meet via skype or in person at 4-6 PM EST ( 9-11PM GMT ) to smoke a great cigar and have a single shot of a nice single malt.
  • After review, we conduct a board meeting that takes about 15 minutes then we are done.

Margin Level is 878.04 %  $128573.84  controlling about 13MM. dollars of currency  and contacts in pairs, CFD’s, and Dow30. Our unrecognized loss is $197,416 , less than 2% of our open contracts.

Net equity $1,128,923.28  representing a 36.21% APY.

Trading Consultants Inc. Weekly Review Week Ending April 7th 2017

Trading Consultants Inc. Weekly Review March 27th

Trading Consultants Inc and its partners are excited with the first week of April being a dramatic improvement  The unrecognized loss is  now 200K. Small relative to our open contracts value, we are confident long term our process works

Consider these  facts. This week we closed 30 trades for  28 wins 2 losses and a total gain of $14,776.   We have closed trades currently of plus $317,078. If we closed all positions we would still have $116,889  of  positive returns for the period of Dec 5th thru April 7 . 11.68 %    APY of 34.2% . We have increased our review of positions and taken steps to close any position that meets our 5% rule. Even now as we review not one position is within 10K of that position. We have reviewed each and every position  as we maintained our trading discipline. We have over 95% closed trade success.

As we had positioned for an event mid-Month, we acknowledged that we forgot the rule “never anticipate always allow the whale to lead”. However, our review shows solid PA for all positions  so we are not concerned.

  • A review of pairs open for the Month of March

Pair                         Size Position (Full Position about 10 lots plus minus 2 lots)

  • Dow 30 CFD              5 lots short  -54K
  • AUDCAD                    9 Lots  short
  • AUDJPY                      4 Lot Exploratory
  • AUDUSD                     no position currently
  • Dollar INDEX CFD   no position currently
  • EURAUD                      3 Lots short
  • EURCAD                      8 Lots short
  • EURNZD                      7 lots short
  • EURUSD                      2 Lots short
  • GBPAUD                    14 Lots short   -28K
  • GBPCAD                      5 Lots Short
  • GBPCHF                      2 Lots Short
  • GBPJPY                        8  Lots  long
  • GBPNZD                      8 Lots  Short
  • GBPJPY                       11 Lots Short
  • USDCHF                     3 Lots Short
  • USDJPY                       Hedged 5 Long 5 short

9 of the 14 Charts follow201 EURNZD,Weekly 7-04-07 18_05_09-51566_201AUDJPY,Monthly 7-04-07 17_55_27-51566_201EURUSD,Weekly 7-04-07 18_05_56-51566_201GBPAUD,Monthly-04-07 18_07_04-51566_2017EURAUD,Monthly-04-07 17_57_19-51566_AUDCAD,Monthly 2017-04-07 17_53_31-51566_AUDCAD,MonthlyDE30Cash,Daily 2017-04-07 17_49_24-51566_ .DE30Cash,DailyEURCAD,Daily 2017-04-07 18_00_07-51566_EURCHF,Monthly 2017-04-07 18_03_24-51566_

All pairs and CFD’s traded can be seen there if you are  Forex Factory member and a buddy of TurtleMan.

  • Our traders, Jake, Jon, and I occasionally Adam as our newest intern review our trade created charts. We agree on one for each pair that is the consensus choice for what is the current Controlling PA. Some are shown here  By design we rarely add verbiage to our charts.
  • We reviewed leverage and size of all open positions.for an update regularly for our leverage at 9 to 1 as  of Sunday prior to market open  You can check here. Trade report  If the link is not available you can view the entire account access via this portal used by commercial accounts to showcase their strategies and results.TurtleMan’s 51566 Trading Consultants Inc
  •  We meet via skype or in person at 4-6 PM EST ( 9-11PM GMT ) to smoke a great cigar and have a single shot of a nice single malt.
  • After review, we conduct a board meeting that takes about 15 minutes then we are done.

Margin Level is 959.97 %  $116,346.05  controlling about 13MM. dollars of currency  and contacts in pairs, CFD’s, and Dow30. Our unrecognized loss is $200,189.14 , less than 2% of our open contracts.

We earned about $14,776.92. on our closed trades for the the month . Net equity $1,116,889.28  11.68% for the Period Dec 5th thru April 7th representing an 34.2% APY.

Trading Consultants Inc. Monthly Planning Review for April

Trading Consultants Inc  Monthly Planning Review for April

Trading Consultants Inc begins each month with each trader, Jake, Jon, and I and occasionally Adam and Rick doing their own chart work that begins with the 8 step process we show here.

Step 1 Determine direction from Monthly Line chart …..

There are 4 answers up down range or unsure If unsure we do not trade that pair for the month.

Step 2  Examine Monthly candle chart for PA

Here we take the same chart and begin to seek PA  Price action ( candle patterns with any chart thru H4

Step 3 Repeat steps 1 and 2 for weekly chart

here we repeat steps 1 and 2 for weekly charts

Here we find both direction  and Price Action

Step 5 & 6 and 7 & 8 are repetitions of steps 1 and 2 for the daily and H4 Timeframes.

This is completed for every pair and CFD our broker offers for trading via Forex So no Futures hassles no commodities weird names.

After this we have a listing of pairs eligible for our traders to consider and trade with PA and zone from H4 through Monthly Trading Monthly PA is not recommended for traders using margin as the zones are deep and reaction very broad.

Now here are the pairs for April  2017 and the controlling PA chart

DE30Cash,Monthly,Monthly Ranging from 12500 to 9500 - CopyDE30Cash,Monthly,Monthly Ranging from 12500 to 9500EURAUD,Daily, Daily supply special Controlling PA 2017-03-28 13_23_56-51566_ - CopyEURAUD,Daily, Daily supply special Controlling PA 2017-03-28 13_23_56-51566_EURAUD,Monthly Ranging from 1.63 to 1.38EURAUD,Monthly Ranging from 1.59 to 1.23EURCAD,Monthly 2017-04-01 11_33_33-51566_EURCAD,MonthlyEURCAD,Monthly, Ranging from 1.53 to 1.30EURCHF,Monthly, Ranging from 1.11 to .98EURGBP,Monthly2017-04-01 09_53_20-51566_ Bear Engulf with 2 months retracementEURNZD,Monthly, Uncertain stop losses in placeEURUSD,Monthly, Ranging from 1.15 to 1.04GBPAUD,Monthly Controlling PA 2017-03-28 13_23_56-51566_GBPAUD,Monthly, DownwardGBPCAD,Monthly, DownwardGBPCHF,,Monthly, Demand uncertainGBPJPY,Monthly 2017-04-01 11_23_39-51566_ GBPJPY,MonthlyGBPJPY,Monthly, DownwardGBPNZD,Monthly, UnsureSoybean,Monthly 2017-04-01 11_45_45-51566_ Soybean,MonthlyUSDCHF Monthly .Controlling PA Bear Engulf with 2 months retracement MonthlyUSDJPY,Monthly, Ranging

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