Category Archives: Financial Investing

The Sunday Scoop

If there’s one thing guaranteed to improve our investing skills, it’s reading as much as possible about the field that we want to be proficient in.

For me, that field is obviously cryptocurrency, but I know that for you it could be a huge number of different areas and so, each Sunday, I share some articles of interest that can help to improve your understanding of some of these areas and, ultimately, help you make more money from them!

I also try to ensure that there’s a mix of content for beginners, pros and everyone in between.

🍦 We start with news of the latest billionaire. No, not me sadly… this guy.

🍦 While I may not be a billionaire (yet) I can afford a fancy pair of sunglasses. However nowadays – thanks to Facebook – they come with terms of use. Click here to read the story and do some good old eye rolling.

🍦 Something worth no real money at all is that Beanie Baby you have knocking about in the loft, so why are some of them supposedly selling for tens of thousands of dollars on eBay? Well, it’s a scam of course. Delve into the marketplace trickery here.

🍦 Next up, I have a rare TV series recommendation – Vigil which stars the excellent Suranne Jones. Watch it free of charge here.

🍦 Finally for today, a nudge towards the brand new piece of trading kit from the Ong brothers – two extremely talented traders that I crossed paths with at my previous publishing company.

The kit can easily and quickly identify trades in currency pairs, stocks and even the crypto markets, and has been shown to have a strike rate in excess of 70% in testing.

You can find out more about it and take advantage of their introductory pricing by clicking this link.

That’s your lot for today. Enjoy the rest of your Sunday.

This is it… important answers to your questions inside

We’ve been talking about it all week, and I’m delighted to announce that the launch of the TCM Market Edge is TOMORROW! Friday 17th September.

Not sure if you can tell, but we are ridiculously excited about what comes next, and you should be too. 

We’ve had A LOT of emails asking questions about our brand-new indicator, ranging from the strike rate… to how many trades the indicator throws out. So, in today’s email I want to give you some concise and measured answers to the questions that we’ve received.

Ok here goes:

What is the risk versus reward for the trades?

1:1 Risk / Reward Ratio.

One of the beta testers had a strike rate of 72%, but what is the official strike rate, and how far back do the results go?

The official strike rate is just above 70% based on GBP/USD, EUR/USD, AUD/USD and USD/JPY going back to January 2019. A total of 384 trades taken.

How long did the beta testers trade for?

Four weeks, after four days of preparation.

How many of the 20 ended the test phase in profit?

16 out of the 20 ended profitable.

How many trades are there per month?

Across the major pairs, you’d be looking at 13 to 18 trades per month. Although it should be noted that some months are quieter than others hence the distribution will see months with more and some months with less trades.

What time frame are trades taken on?

4-hour time frame. You can apply this to different time frames, it is just for the majority of our community this will be the most suitable.

Does the TCM Market Edge take trades for you?

No. The indicator analyses the markets for you and highlights the high probability trades, but you have to place the trade yourself.

Do you need additional tools, and are there additional hidden costs?

No, the indicator has been programmed so we can give you access via TradingView (charting platform). You can access this platform at no cost.

Do you need any trading experience to make the most of this service?

Absolutely not. The TCM Market Edge does everything. You just have to click buy or sell when the signal is given.

Does the indicator compliment the ACTP trading approach?

Yes, it absolutely does. The TCM will improve your timing when approaching grid S/R levels and will give you added confidence in your fundamental view.

How long will the special promotional offer be available for, and once it finishes will the indicator be available in future?

The special promotional offer will last for three weeks or until we have 200 members onboard, whichever one comes first. We are limiting the uptake to 200 people for this special promotional period due to technical and support reasons.

In terms of future availability – yes, but not on the same special terms. The TCM Market Edge has been ‘licensed’ by two large affiliates, so there will be a standard offer across the board once this launch comes to an end.

Ok, I hope this brings a bit of clarity to what the TCM Market Edge Indicator is all about. If you are looking for a trading tool that will allow you to generate profits from the markets from the get-go, please do not miss this opportunity.

It all kicks off tomorrow and remember there are only 200 licenses being sold initially, so be ready!

$11,300 in 17 days

So here is a question… how much easier would life be if we just knew when the crypto markets were going to make a move?

One of the difficulties you have with the crypto markets is that they are extremely volatile and often by the time you figure out what is driving the directional momentum, the moves have already been and gone, meaning you have missed out on valuable profits.

Well, what if there was a tool that could help you identify the volatility early? What if there was a way of catching these moves? It would make trading these markets significantly easier.

The great news is that whilst browsing through the charts looking for opportunities with our new Market Edge indicators, I opened Bitcoin and realised that not only was it fantastic at highlighting FX trades, but it was pretty useful when applied to Cryptos as well.

Look at the chart below…

As you can see the market bottomed on the 20th of July, the Market Edge highlighted up an early Buy opportunity on the 21st of Jul, then 23rd of July the longer term Buy signals started to trigger, meaning even if you were super conservative, you still would have got in at $33,700, at the time of writing the price sits at $45,000, which is a fantastic gain of $11,300 in just 2 weeks.

If you are wondering whether this was a one off, a lucky break, I am pleased to tell you that it isn’t. 

The Market Edge indicators even picked up the big sell off back on the 12th of May…

… and as well as giving us an early Buy signal for the year-end rally of 2020, you can also see that it picked out the dip buying opportunities on the way up as well.

We are not saying that the Market Edge is a silver bullet that will do all the trading for you. As a trader it is still your responsibility to pull the trigger and manage your trades, but as far as identifying high probability trades and giving you entry signals, I can honestly say that I have never been as impressed as I am right now by what this suite of indicators is able to do!

Have a good day and happy trading!

Finally an objective way to trade the Forex markets

Let me ask you a question… have you ever wondered how you can really tell whether a pullback is over and the trend is about to reassert itself? How many times have you taken a trade, thinking that the trend was about to continue, only to find that you were too early to the party and end up losing money?

If you are anything like most other traders out there, this situation will be all too familiar. The real question is how can you fine tune your entries so that you can avoid these situations?

Of course, you cannot be right on every trade, but there is a way that you can significantly improve your odds. We’ve recently been live testing a brand new tool called MarketEdge, which read two seemingly similar market opportunities very differently.

The first was in the GBPUSD. The market made a momentum move to the downside and was in the middle of a pull back to the moving average when a price action entry presented itself. We had two full bodied bearish candles in a row, indicating a potential selling opportunity. 

However, in this instance the MarketEdge momentum indicator turned neutral, indicating no trade. Without our fantastic new indicators, you might have been seduced in to getting short and would have lost money when the market moved sharply upwards against your position. Trading with the MarketEdge you would have known better and ended up saving your money. 

Here is the chart of that trade…

Now I mentioned that there were two opportunities. The second one was in the AUDCHF. Like the GBPUSD the market had sold off and was in the midst of a pull back when a price action selling opportunity presented itself. Again, two bearish candles formed indicating a sell trade should be considered.

In this instance the MarketEdge told a very different story. Instead of turning neutral, it jumped straight to bearish. This is a signal that the market is mostly likely going to move down, if we couple that with the price action signal a sell trade is a no brainer.

In this instance the market moves lower and are able to book profits. Here is the chart.

Now an experienced, successful trader would probably be able to read this situation without the help of the indicators, but for those of you that are not as experienced or successful yet, this might be the sort of tool you need to finally push you over the line.

Two almost identical candle formation patterns, both with very different outcomes, finally a tool that can help you read the context of the market and the price action that forms it.

The more we see the MarketEdge perform the more enthusiastic about the results that it is going to bring everyone. This is not simply a tool that is going to tell you which way the market is trending, most other indicators can do that. This one is more forward looking and considers the volatility and momentum in the market to generate trade signals that are significantly more reliable!

Later this week I’ll show you how you can get your hands on this tool and try it out for yourself! I hope you are as excited as we are!

The Sunday Scoop

If there’s one thing guaranteed to improve our investing skills, it’s reading as much as possible about the field that we want to be proficient in.

For me, that field is obviously cryptocurrency, but I know that for you it could be a huge number of different areas and so, each Sunday, I share some articles of interest that can help to improve your understanding of some of these areas and, ultimately, help you make more money from them!

I also try to ensure that there’s a mix of content for beginners, pros and everyone in between.

🍦 We start with crypto and a typically barmy NFT story involving a spaceship and the Kings Of Leon. Have a read here.

🍦 From outer space to the sea and what’s this? ANOTHER ship got stuck in the Suez! Here’s the news of the latest canal based calamity.

🍦 While we’re obviously big crypto fans here at Market Prospectors, it’s fair to say that elements of it can be a bit culty. This FT article takes us deep inside the space.

🍦 And speaking of culty behaviour, have you heard the story of Elizabeth Holmes? If not, listen to this podcast right now. It’s a cracker!

🍦 Last but certainly not least is the news that my latest crypto coin recommendation is now out…

To get it, plus the rest of my portfolio picks, just click this link.

That’s your lot for today. Enjoy the rest of your weekend.