It’s been a while since my last swing trade. Trades where I make between 50 and 100 pips, I call swing trades. Today I was able to catch a very nice move triggered by my FX Fusion strategy.

As you may already know, my day trading strategy is based on looking for combinations of “Key Levels.” I executed the following trade once I saw my setup was triggered and confirmed.

10/29/08 USD/CHF = 152 PIPS

One of the great things about the FX Fusion strategy is that I get in knowing where to put my stop loss and where to take my profits ahead of time. In this trade, I took profits at two levels in order to maximize my gains.

If you would like to learn more about Day Trading in the Forex market, register to attend our Free Forex Webinar, where you’ll find out how to get free access to our Forex Trading Room.

Today I found 2 trading opportunities on the USD/CHF currency pair. Three times per week I open my trading room to day traders of all levels to see how I trade LIVE. I make my trading decisions based on my FX Fusion strategy (click here to see this month’s updated trading log).

Today I had two trades on the Dollar/Swiss currency pair. Both of these trades were based on using the scalping version of my day trading strategy for a total of 45 pips.

The concept of my strategy is based on finding entries at combinations of “Key Levels” of support and resistance. On both of the following setups my criteria was met, which caused me to take the trades.

SELL USD/CHF = 30 PIPS

BUY USD/CHF = 15 PIPS

If you would like to learn more about Day Trading in the Forex market, register to attend our Free Forex Webinar, where you’ll find how to get free access to our Forex Day Trading Room.

Despite the volatility we have been experiencing lately in the currency markets, we are up 260 PIPS in the LIVE Day Trading Sessions (Click Here to see this month’s Trade Log).

Here are a couple of examples of today’s trades:

BUY USD/CHF = 25 Pips

BUY USD/JPY = 22 Pips

If you would like to learn more about Day Trading in the Forex market, register to attend our Free Forex Webinar where you’ll find out how to get free access to our Forex Trading Room.

As you all may have already noticed, the volatility and global market meltdowns have had an effect on price action in the currency markets. Although we are seeing interventions to bring stability to the world financial markets I recommend that you trade very carefully.

You have to remember, day trading currencies is very risky and you can sustain big losses if you are not disciplined and consistent with your rules and strategies. I know that with all these big swings in the market, it is very tempting to trade outside of what you normally do; but let me refresh your memory: a successful day trader is the one who can consistently profit while knowing how to manage risk and knowing when to stand aside.

For those of you who are trying to trade Forex for a living remember this: you don’t have to day trade all the time! In fact, sometimes not trading is the best trade of all.

What every trader needs is a clear set of rules which to trade by. IF you are new at Forex or are already trading in any other market, I strongly suggest you join me in our Free Forex Webinar where I will introduce you to some of the rules and strategies that have helped me become a Successful Forex Trader.

Dear traders and investors; what bloodshed have we witnessed courtesy of the stock market! Over 8 TRILLION DOLLARS in wealth have evaporated after Thursday’s stock market close - down 39% from its peak. Ouch!!!

Aren’t stocks supposed to be the backbone of all retirement portfolios? Only if you believe the giant brokerage firms that recommend them to us or the PhD Finance professors that pitch’em to our sons and daughters in our universities - or the millions of poor souls that hold them in their investment accounts.

As I witness the Dow shatter through 10,000 and 9,000 (levels of important psychological significance) in less than a week, I’m disgusted on how far down our throats stocks have been jammed. Hopefully, this entire experience won’t be in vain. After this catastrophe, whoever doesn’t realize that traditional investments (like stocks, bonds, and mutual funds) are extremely dangerous, is just a plain masochist.

People; wake up! Don’t you realize that buying and holding stocks don’t offer you any protection to the downside? I’m just bewildered by how people insist on buying these ticking time bombs as they plunge into oblivion; trying to catch the bottom. It’s not about correctly guessing where the bottom is located. It is about being exposed ALL THE TIME while you’re in this treacherous equities market.

At the end of the day, the stock market returns around 10% a year based on historical records (probably less after this year’s drop) - but your downside risk by buying and holding is huge. How many bottles of Pepto-Bismol are you willing to drink to make 10%?

Here’s the million dollar lesson: there are other ways; ways that don’t involve stocks or any other economically sensitive asset class. I’m not talking about day trading. Day trading can be a fruitful endeavor, but it also has market risk - so you could win or lose; but there are some investment products that eliminate the entire market risk from the equation.

Want to learn more about attractive products that can whether the stock market storm perfectly well?

Sign up for our next free day trading webinar right here.

Lately, a lot of people have asked me if my trading has been affected by the current global economic situation. Although the pricing activity of currencies does feel different, currency traders like me have not been dramatically affected.

This is one of the benefits of being an active Forex Day Trader. With my FX Fusion trading strategy, I get in and out of the market without getting exposed to major unexpected price movements. Being an Active Day Trader means that I trade multiple times per day, whether the price goes up or down.

In my opinion, one of the best ways to trade is when you trade in the direction of the trend. When you have interventions like the SEC eliminating Short Selling from the stock market, it makes it really difficult to trade stocks with limited risk - since even when the trend is going down, you can’t sell many stocks short. If you have funds invested in the stock market, you may have already noticed a Tsunami heading in your direction. If you stand there and do nothing, you could get wiped out!

If the majority of your funds are in the stock market, don’t just sit back and take the relaxed approach. In the Forex market, you have the ability to invest your money in programs that have no market risk with up to a 20% net yearly return - or on more aggressive managed accounts with higher return objectives.

For those that like to do their own trading, we recently started a LIVE Day Trading service where I show you how to look for opportunities using my FX Fusion strategy and my scalping techniques. We are currently offering one free week of access to the live trading room. If you would like to know more about it, sign up and attend our Free LIVE Forex webinar right here.

Americans’ love affair with stocks has caused the delay in many retirements (perpetually in some cases).

This historical credit crisis and real estate bubble blow-up has impacted 401(k) balances across the nation - as well as IRA accounts and non-retirement stock portfolios. Even diversified bond portfolios have gotten whacked, as corporate debt across traditionally “solid” (yeah right!) sectors, such as financial services and insurance, have suffered devastating blows (due to blatant gambling with real estate).

We’ve been warning people against this for years, but unfortunately, the stock-and-bond-centered traditional views of retirement and financial planning are too ingrained in the minds of many investors. It takes a lot of unbrainwashing to bring people out of that spell.

But don’t get me wrong here. I’m not rubbing it in. I feel a lot of sorrow for what our country is going through right now (and it can get A LOT worse). I just want people to throw the traditional investment pyramid in the garbage and open their minds just a little bit. Don’t wait for your stocks to drop to the level of Lehman Brothers (i.e., zero) to take action.

There are other ways to add diversification and safety to your investment portfolio, without lowering your return to that of bank savings accounts. Even though, I’m a fan of day trading (but not with stocks), that should only be a small part of your financial pyramid; assuming you learn to day trade correctly (sign up for our free training and start learning). Most of your pyramid should be composed of investments that provide an attractive return, but with little market risk; investments that your overdressed broker at Merrill doesn’t know about.

During critical times like these, retreating in a fetal position to a dark corner of your closet while sucking your thumb and crying for your momma is not the best solution by far. You need to be proactive and take action early - and don’t wait for any politicians to rescue you (they’re only interested in saving the fat, corporate pigs that caused this mess in the first place).

So what do you do then?

Sign up for our next day trading webinar by clicking here. Believe me; we’re not only going to talk about day trading.

If you want to read the entire article about the heavy toll stock losses are taking on retirement savings, click here.