Tag Archives: Casey Stubbs

A big thank you goes out to Casey Stubbs from Winners Edge Trading. Our webinar on Wednesday evening was one of our most successful yet. Casey walked us through the ins and outs of Simple Moving Averages. Watch the full webinar below.

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Be sure to read the full risk disclosure before trading Forex. Please note that Forex trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading. Performance, strategies and charts shown are not necessarily predictive of any particular result. And, as always, past performance is no indication of future results.

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Be sure to read the full risk disclosure before trading Forex. Please note that Forex trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading. Performance, strategies and charts shown are not necessarily predictive of any particular result. And, as always, past performance is no indication of future results. Investor returns may vary from Trade Leader returns based on slippage, fees, broker spreads, volatility or other market conditions.

Tomorrow, July 14 at 4:30PM EST, join Currensee and Winner's Edge Trader Casey Stubbs for a special live webinar about how to find support and resistance levels using Simple Moving Averages.

Sign up here.

In this practical and results-oriented session for traders of all levels, Stubbs will discuss setting realistic trading goals and suitable risk and profit targets and will show you:

  • How to set up the moving averages on your charts
  • How to find support and resistance levels with moving averages
  • How to use moving averages to find good trade entry points

In addition, all attendees will get a special Currensee Marketplace offer to try the Winners Edge Trading Room with Casey Stubbs and Michael Storm for a special price.

Sign up here.

About Casey Stubbs:
Casey is the founder of Winners Edge Trading and is the main contributor, with his specialty being the EUR/USD trade setup. He is a founding member of Forex Factory News and continues to bring information to new and struggling Forex traders. He is working to help traders daily.

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Be sure to read the full risk disclosure before trading Forex. Please note that Forex trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading. Performance, strategies and charts shown are not necessarily predictive of any particular result. And, as always, past performance is no indication of future results.

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Be sure to read the full risk disclosure before trading Forex. Please note that Forex trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading. Performance, strategies and charts shown are not necessarily predictive of any particular result. And, as always, past performance is no indication of future results. Investor returns may vary from Trade Leader returns based on slippage, fees, broker spreads, volatility or other market conditions.

2 Comments

With this guest post, we welcome Casey Stubbs of Winners Edge Trading.

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Hello, My name is Casey Stubbs I write a Forex Trading blog and I have been a member of Currensee for a month. So far while being a member of this forex traders community I have payed particular interest to the Social Indicators. Currensee gives Forex traders access to exactly what traders positions are and which side of the trade is profitable and which side is losing money and they call that the Social Indicator. This is not a new idea because this indicator has been around for a while and there are brokers that figure this data and give this to their traders. However Currensee gives this data live real time and changing as the trades take place. You can even see if members of your trading team are long or short for a particular pair.
How can this help my trading?
At first I asked myself how can this help my trading and as soon as I asked that I noticed there was a conversation going on about the social indicator in the members hot topic section. I soon discovered two important factors that could impact trading decisions.

  1. I noticed that usually the greater number of traders in a certain side of a position that was usually the side that was losing money.
  2. I noticed that the side that was losing money was trading against the current trend that the pair was currently trading in.

Look at this picture the there are many more traders going short even though the current trend of the EUR/USD is strongly bullish.
So this became very clear to me that the majority of traders are not trading with the trend but instead are trading against the trend. I have always been taught to trade with the trend and I practice that in my daily trading. What happens is that the price may be changing a trend for a short time and most traders will jump in to get a quick profit but in doing so they will ignore the overall trend. This is my advice to traders on Currensee before making a trade, look at the social indicators see which side is profitable then look at your charts and confirm the overall trend of the pair. This will help you to not just follow your emotions but instead make sound trading decisions based on the current trend.

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Be sure to read the full risk disclosure before trading Forex.  Please note that Forex trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading. Performance, strategies and charts shown are not necessarily predictive of any particular result. And, as always, past performance is no indication of future results.

Up late working on some cool stuff you'll see soon at Currensee, I happened to check in on the Asian session.  We checked up on the Aussie Dollar last week and this time I bounced off a post by our buddy Casey on the EUR/JPY.  Given all the chatter about the weak USD, it's nice to look at a pair that doesn't include the greenback.

Casey notes that the EUR/JPY is "testing a downward trendwall on the 4hr chart and that could be significant change in trend" and posits a resistance point at 133.77 after which he says, "we could see a reversal of the current down trend and that could bring new highs."

EURJPY support and reistance via Currensee Community Volatility widget

Over at the Currensee dashboard, we can see that the community predicts similar Resistance points, but most of the Currensee traders have so far guessed wrong on this pair.

EURJPY on the Currensee market watch widget

As the sun rises on the US trading day, we'll see what develops.  I hope you'll join the discussion on Currensee.

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Be sure to read the full risk disclosure before trading Forex.  Please note that Forex trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading. Performance, strategies and charts shown are not necessarily predictive of any particular result. And, as always, past performance is no indication of future results.