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December 12, 2011

Good afternoon.
I have two points to make in this brief update issue. The first is a point on trading, and the second is a bit of an 'announcement' To the first point. I think that perhaps by now, you've seen that I not only build parameters that must be fulfilled before I enter a market that I am interested in trading, but I also tend to 'filter' through trades and only zero in on one or two as the week progresses. This week, I've been fascinated by a long in the EUR/USD cross. Allow me to explain a bit of my reasoning, as this might at first glance seem, well crazy. We are resting near areas or regions of support on the longer time frames, around 1.28 to 1.30. At the same time, we are approaching what I call a S Swing point day, in just a few days time. I also notice that on the one hour time frame, the down moves are becoming less and less 'powerful', followed by periods of 'congestion', or moments when the market moves sideways, and channels on the smaller time frames. And even more importantly, we're entering a price region that I believe will greatly attract many traders who are interested in playing a 'mean reversion' trade. Mean reversions are tricky beasts, and notoriously difficult to time. But when they happen, they happen fast, and there is usually a good deal of money to be made in them. Thus, why I'm looking for longs in the EUR/USD cross whenever I see the market congest, or channel sideways. We are in such a period of congestion at the time of this writing. My second point is more of an explanation, and an 'announcement'. Folks have expressed frustration that all of the investing and trading information that was once available to them on my daily blog? They no longer have access to it. I have tried to explain that I want to distance myself from aspects of social media that I find 'divisive', even dangerous. But I do understand one's frustration in not being able to access the information that once could be looked at, for free. I've tried to tell ones that I am not 'going away'. I'm just available in a different format is all. I have also stated that this newsletter will be free from November 13 th, when it was launched until January 1 st, 2011. Beginning January 1st, it will be offered for $15.00 a month to begin. I will discuss this in greater detail in a future, as there will be a special offer for those who subscribe during the transition to 'free' to 'pay' So some have wondered how they will access this newsletter in the future? How will they pay? Where will they pay? I'd like to announce the launch of my new website: No Nonsense Trading1. The newsletter will be available there, beginning January 1st. But in addition, I plan to expand that website from it's current state, and eventually have all of the video series and education, transferred to this new website. Or perhaps I will 1 Exact Link: htttp://nononsensetrading.com

remake some videos, and they will be available at No Nonsense Trading. And yes, information on Money Management, Trading Psychology, Charting, etc ... will be available again for free. Just as it was from my YouTube channel. My hope, is that since it will now be located on a website, and away from social media? It will be easier to find and navigate around the playlists and topics. Until next time, stay safe trade well, and remember that loving other people doesn't cost a dime.
Note: The above statements should not be construed as an investment or trading recommendation. Aileron Market Balance is a newsletter that allows subscribers to look 'over my shoulder' as it were, for my own personal specific trading and investing ideas and thoughts for the next week. But they are only thoughts as of the moment of publication, and are subject to change. Any trades or investments that I discuss within this newsletter are simply my own thoughts regarding my own investing and trading outlook. Remember that entering any market is an individual decision. There is no guarantee that I will enter, or have entered any of the trading or investing ideas that I discuss in this newsletter; as larger accounts may require a different strategy as the ones presented here. This newsletter simply contains my trading and investing thoughts for the next week. I, the author do not grant this work for wide distribution beyond any single individual subscriber as this publication is protected by U.S. And International Copyright laws. All rights reserved. No license is granted to the user except for the user's personal use. No part of this publication or its contents may be copied, downloaded, stored in a retrieval system, further transmitted or otherwise reproduced, stored, disseminated, transferred, or used, in any form or by any means except as permitted under the original subscription agreement or with prior written permission. I personally only enter any market after watching and reading the tape and I trade using money management principles. The losses in trading can be very real, and depending on the investment vehicle and market, can exceed your initial investment. I am not a licensed trading or investment adviser, or financial planner. But I do have 15 years of experience in trading and investing in these markets. The Model Portfolio accounts are hypothetical accounts,with all of the inherent problems therein, which are used within this newsletter in an attempt to track the results of this newsletter, and is run for the education of other traders who should make their own decisions based off their own research, due diligence, and tolerance for risk. Any pictures used within this newsletter are believed to be public domain. Any charts that are displayed are believed to be public domain, and other pictures were obtained through Wikipedia's public domain policy.

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