Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

Mysticforex

The Monday Accelerator

Recommended Posts

A few weeks ago we did a thread on trading to the weekly pivot on GBP/CHF. The trade will usually open and close on Monday, thus the new name "The Monday Accelerator"

There is one trade a week. Of the 4 weeks we had three trades open and win, and one trade that did not open.

It has been suggested that we try it with pairs other than GBP/CHF, something I have never tried. Thus the name change to the thread.

So starting tonight when the Weekly Pivot prints we are going to try it on 2 or 3 pairs.

One will always be the GBP/CHF for use as a base line. Tonight I thought we would try the AUD/JPY as well. If you have pair you would like to see let me know. Just bear in mind that pairs known for their explosive volatility work best.

 

You can refer to the original thread for some backround information.http://www.traderslaboratory.com/forums/forex-trading-laboratory/17399-gbp-chf-weekly-pivot.html

Share this post


Link to post
Share on other sites

The Weekly Pivot has just printed on GBP/CHF at 14475. Price is currently at 14434...

less than 50 pips away. There is no GAP. So far the weekly low is 14418. I would like to see price make a lower low so I can place an entry order at 14425 with a TP of 40 pips ( a 10 pip buffer before the Weekly Pivot ). I hope price does not go right to the WP ( this is what we will call the Weekly Pivot from now on ).

 

 

AUD/JPY : The WP on AUD/JPY is at 9404. Price is currently at 9347 so we have 50 pips to enter a buy toward the WP. We have a GAP which happens to be 9328, also the daily pivot. I will set the entry order AFTER price has filled the GAP and hit the daily pivot.

 

( BTW you can have MT4 send an email to your cell with price alerts ).

gbpchfh1.thumb.png.1429c3c01df16703ba338fd467dd7560.png

audjpyh1.thumb.png.007810264618926b5287951988c6a401.png

Share this post


Link to post
Share on other sites

As I feared, GBP/CHF ran away from us and went straight to the WP.

In the past there have been times when it was thought I was a bit too conservative by my peers. But I made a vow years ago never to chase a trade. There's more where that came from.

 

 

Meanwhile back at AUDJPY headquarters, It's not doing anything that makes me feel warm and cozy. It is moving toward the WP, just not as directly as the GBP/CHF. I'll have to give this one more time to get to know it. We will hold it over for next week. I would also like to add EUR/AUD and my old friend GBP/JPY for a total of 4 pairs ( we always include GBP/CHF ).

Share this post


Link to post
Share on other sites

AUD/JPY is now at 9349 . The WP ia at 9413 . We can now place an entry order at 4363 trading toward the WP. The WP is 50 pips away from our enter, but we will be using a 10 pip buffer to take in account any variations in different acct platforms.

audjpyh1.thumb.png.10c6cd041f26b8f768723bcc4c9ce6ee.png

Share this post


Link to post
Share on other sites

Weds beginning and still no entry. We will keep the entry in place thru EOB EST thur at least. For next week I think AJ will be dropped from our repertorire. For next week we will add the eur/aud and the gbp/jpy. The eur/aud is a pair I love to hate so thought I would throw that in to prevent from becoming too one sided.

 

BUT WAIT ! THERE'S MORE !!!

 

Since we are adding G/J to the mix I am going to tell about a gimmick we can do if/when G/J ever reaches R3 or S3. If I tell you now you won't have to read this thread anymore because you will have become The Master of Life, The Universe . . . Everything !

Share this post


Link to post
Share on other sites

---------------------------------------------------------------------------------------------------------------------------------------

 

 

Well our entry has finally triggered. I can't say I am completely confidant with this position opening on a Weds, it is called the MONDAY accelerator for a reason. But, a plan is a plan. We will see.

audjpyh4.thumb.png.3d7531e61f12bf328714addc24fbf36c.png

Share this post


Link to post
Share on other sites

So for this coming week we will be doing GBP/CHF, GBP/JPY, and EUR/AUD.

When I set up the trades on Sunday Evening I will explain what we can do on G/C and G/J usinf R3 and S# if a runnaway condition occurs.

Share this post


Link to post
Share on other sites

Good Day ! Everyone ready for a new work week? I hope everyone had a great weekend !

 

 

This week we are covering our baseline pair GBP/CHF, and adding GBP/JPY and EUR/AUD to the mix.

 

GBP/CHF: WP is at 14494, price is currently at 14527. I am placing an entry order at 14544 with a TP 10 pips before the WP at 14504

 

 

GBP/JPY: The WP is at 15739, price is at 15717. we are too close to the WP to place an order. I will be watching this and if we move far enough from the WP I will place an entry order.

 

 

EUR/AUD: The WP is at 14345. Price is at 14252... plenty of room her to place an order at 14295 with a TP 10 pips before the WP at 14335 for 40 pips.

To be honest I have always been a bit shy with this pair having taken a beating with it early in my trading career. Let's see what happens.

 

Keep you posted as things develop .

gbpchfwp.thumb.png.ed85c701f30466651bc40789d83866e6.png

gbpjpywp.thumb.png.ba109f8b83829a5386a7e2e820903b82.png

euraudwp.thumb.png.6bd8fc54c898cb5ff79192f2c9414b8d.png

Share this post


Link to post
Share on other sites

I had to go out for most of the day... was not able to update earlier.

 

GBP/CHF is still open and up 10 pips as I type. Since this is the "Monday" Accelerator I am inclined to close it and take the 10 pip profit.

 

EUR/AUD has not yet triggered.We are still 85+ pips away so we will keep it open and see what develops tomorrow .

 

GBP/JPY went right to the WP. Too bad we didn't have room to place a trade, but, rules are rules.

euraudwp.thumb.png.5a7c394853f0f70565a47503f5ef1505.png

gbpchfwp.thumb.png.847a547964bb6d4ca5d5affcc7fb62e6.png

gbpjpywp.thumb.png.6dce1282b8f172a074165881975d08ba.png

Share this post


Link to post
Share on other sites

Good thing we bailed when we did on GBP/CHF...Iturned around and went in the wrong direction away from the WP. I am going to set up another entry on this pair. The usual 50 pips from the WP, after all, it has still not hit the WP and we have plenty of room.

 

EUR/AUD : Almost in exactly the same place as yesterday. We will leave this open anorther day and see what happens.

gbpchfwp.thumb.png.708b05d6c9c419cead1b99d6a70476cd.png

Share this post


Link to post
Share on other sites

--------------------------------------------------------------------------------------------------------------------------------------

 

 

The rules dictate ( yes, there are rules to this gimmick ) that any unopened trades be shut down by Friday. So that's a wrap for this week people.

 

Next week we will be doing GBP/CHF, and GOLD. If anyone has a pair they would like to try let me know.

Share this post


Link to post
Share on other sites

GBP/CHF:

 

The WP is at 14699. Current price is at 14767, more than 50 pips away. So we will place an order at 14750 with a TP at 14710 ( 10 pip buffer from the WP).

 

Gold: The WP is at 1297.77 We have placed a buy entry at 1297.11 with a TP 40 cents above . I have never traded Gold before, we will see what happens.

gbpchfwp.thumb.png.7a12dccc58f20c90ed134bbc541bce00.png

xauwp.thumb.png.8ab6d19871a4dbd4fd532887fb19074a.png

Share this post


Link to post
Share on other sites

---------------------------------------------------------------------------------------------------------------------------------------

 

 

GBP/CHF: TP is hit, +40 pips.

 

GOLD: From my point of view, nothing to speak of.

gbpchfwp.thumb.png.d1d311563b9581beffe963f32441cdab.png

Share this post


Link to post
Share on other sites

Our GBP/CHF trade this week was just the way I like them, fast and sweet.

Our Gold position is going nowhere so we will close it.

 

 

Next week we will have of course the GBP/CHF. Since their have been no requests I was thing maybe EUR/USD.

Share this post


Link to post
Share on other sites

Hi everyone,

 

GBP/CHF We have placed a pending short at 14745. The WP is at 14695 so our TP will be at 14705 ... . . just got in by the skin of our teeth. :)

 

 

EUR/USD: the other pair we picked for this week. Now I remember why we havn't traded the Monday Accelerator with it in the past, not enough range or volatility . The WP is at 13449 , price is at 13482. Too close to get a trade in. Nevertheless, we will watch it and if we get enough room we will stick a toe in the water.

gbpchfwp.thumb.png.2982a89df74fc34f0c950c859ab3bd91.png

Share this post


Link to post
Share on other sites

Another good week for the Monday Accelerator.

I will continue posting it thru the month of November. So far it has proved to be a nice little trick. We have missed getting in a couple of times, but those we got in, produced.

Again, only with the GBP/CHF. It just does'nt prove fruitful with other pairs. As usual if there are any requests for other pairs let me know and we will give them a shot.

 

For December we are trying to get together a contest. I will be using the MA on the contest.

 

If anyone would like to try a hand at running the "Accelerator" thread let me know. This way you can be sure you are setting it up accurately for your own testing or live trading.

 

PS: The remainder of November will be weird with the major US holiday. I normally take this week off from trading. We will see what happens.

Share this post


Link to post
Share on other sites

--------------------------------------------------------------------------------------------------------------------------------------

 

 

Looks like we are closed out this week. Price has already been within 10 pips of the WP.

So no setup currently. Really don't see much happening as we move thru the week, with a Major holiday in the US probably extending into a long weekend for most. We will of course keep an eye open.

gbpchfwp.thumb.png.a0005d2dbe3794eb7c7c5a692a46edd5.png

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • Date: 11th July 2025.   Demand For Gold Rises As Trump Announces Tariffs!   Gold prices rose significantly throughout the week as investors took advantage of the 2.50% lower entry level. Investors also return to the safe-haven asset as the US trade policy continues to escalate. As a result, investors are taking a more dovish tone. The ‘risk-off’ appetite is also something which can be seen within the stock market. The NASDAQ on Thursday took a 0.90% dive within only 30 minutes.   Trade Tensions Escalate President Trump has been teasing with new tariffs throughout the week. However, the tariffs were confirmed on Thursday. A 35% tariff on Canadian imports starting August 1st, along with 50% tariffs on copper and goods from Brazil. Some experts are advising that Brazil has been specifically targeted due to its association with the BRICS.   However, the President has not directly associated the tariffs with BRICS yet. According to President Trump, Brazil is targeting US technology companies and carrying out a ‘witch hunt’against former Brazilian President Jair Bolsonaro, a close ally who is currently facing prosecution for allegedly attempting to overturn the 2022 Brazilian election.   Although Brazil is one of the largest and fastest-growing economies in the Americas, it is not the main concern for investors. Investors are more concerned about Tariffs on Canada. The White House said it will impose a 35% tariff on Canadian imports, effective August 1st, raised from the earlier 25% rate. This covers most goods, with exceptions under USMCA and exemptions for Canadian companies producing within the US.   It is also vital for investors to note that Canada is among the US;’s top 3 trading partners. The increase was justified by Trump citing issues like the trade deficit, Canada’s handling of fentanyl trafficking, and perceived unfair trade practices.   The President is also threatening new measures against the EU. These moves caused US and European stock futures to fall nearly 1%, while the Dollar rose and commodity prices saw small gains. However, the main benefactor was Silver and Gold, which are the two best-performing metals of the day.   How Will The Fed Impact Gold? The FOMC indicated that the number of members warming up to the idea of interest rate cuts is increasing. If the Fed takes a dovish tone, the price of Gold may further rise. In the meantime, the President pushing for a 3% rate cut sparked talk of a more dovish Fed nominee next year and raised worries about future inflation.   Meanwhile, jobless claims dropped for the fourth straight week, coming in better than expected and supporting the view that the labour market remains strong after last week’s solid payroll report. Markets still expect two rate cuts this year, but rate futures show most investors see no change at the next Fed meeting. Gold is expected to finish the week mostly flat.       Gold 15-Minute Chart     If the price of Gold increases above $3,337.50, buy signals are likely to materialise again. However, the price is currently retracing, meaning traders are likely to wait for regained momentum before entering further buy trades. According to HSBC, they expect an average price of $3,215 in 2025 (up from $3,015) and $3,125 in 2026, with projections showing a volatile range between $3,100 and $3,600   Key Takeaway Points: Gold Rises on Safe-Haven Demand. Gold gained as investors reacted to rising trade tensions and market volatility. Canada Tariffs Spark Concern. A 35% tariff on Canadian imports drew attention due to Canada’s key trade role. Fed Dovish Shift Supports Gold. Growing expectations of rate cuts and Trump’s push for a 3% cut boosted the gold outlook. Gold Eyes Breakout Above $3,337.5. Price is consolidating; a move above $3,337.50 could trigger new buy signals. Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Michalis Efthymiou HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • Back in the early 2000s, Netflix mailed DVDs to subscribers.   It wasn’t sexy—but it was smart. No late fees. No driving to Blockbuster.   People subscribed because they were lazy. Investors bought the stock because they realized everyone else is lazy too.   Those who saw the future in that red envelope? They could’ve caught a 10,000%+ move.   Another story…   Back in the mid-2000s, Amazon launched Prime.   It wasn’t flashy—but it was fast.   Free two-day shipping. No minimums. No hassle.   People subscribed because they were impatient. Investors bought the stock because they realized everyone hates waiting.   Those who saw the future in that speedy little yellow button? They could’ve caught another 10,000%+ move.   Finally…   Back in 2011, Bitcoin was trading under $10.   It wasn’t regulated—but it worked.   No bank. No middleman. Just wallet to wallet.   People used it to send money. Investors bought it because they saw the potential.   Those who saw something glimmering in that strange orange coin? They could’ve caught a 100,000%+ move.   The people who made those calls weren’t fortune tellers. They just noticed something simple before others did.   A better way. A quiet shift. A small edge. An asymmetric bet.   The red envelope fixed late fees. The yellow button fixed waiting. The orange coin gave billions a choice.   Of course, these types of gains are rare. And they happen only once in a blue moon. That’s exactly why it’s important to notice when the conditions start to look familiar.   Not after the move. Not once it's on CNBC. But in the quiet build-up— before the surface breaks.   Enter the Blue Button Please read more here: https://altucherconfidential.com/posts/netflix-amazon-bitcoin-blue  Profits from free accurate cryptos signals: https://www.predictmag.com/ 
    • What These Attacks Look Like There are several ways you could get hacked. And the threats compound by the day.   Here’s a quick rundown:   Phishing: Fake emails from your “bank.” Click the link, give your password—game over.   Ransomware: Malware that locks your files and demands crypto. Pay up, or it’s gone.   DDoS: Overwhelm a website with traffic until it crashes. Like 10,000 bots blocking the door. Often used by nations.   Man-in-the-Middle: Hackers intercept your messages on public WiFi and read or change them.   Social Engineering: Hackers pose as IT or drop infected USB drives labeled “Payroll.”   You don’t need to be “important” to be a target.   You just need to be online.   What You Can Do (Without Buying a Bunker) You don’t have to be tech-savvy.   You just need to stop being low-hanging fruit.   Here’s how:   Use a YubiKey (physical passkey device) or Authenticator app – Ditch text message 2FA. SIM swaps are real. Hackers often have people on the inside at telecom companies.   Use a password manager (with Yubikey) – One unique password per account. Stop using your dog’s name.   Update your devices – Those annoying updates patch real security holes. Use them.   Back up your files – If ransomware hits, you don’t want your important documents held hostage.   Avoid public WiFi for sensitive stuff – Or use a VPN.   Think before you click – Emails that feel “urgent” are often fake. Go to the websites manually for confirmation.   Consider Starlink in case the internet goes down – I think it’s time for me to make the leap. Don’t Panic. Prepare. (Then Invest.)   I spent an hour in that basement bar reading about cyberattacks—and watching real-world systems fall apart like dominos.   The internet going down used to be an inconvenience. Now, it’s a warning.   Cyberwar isn’t coming. It’s here.   And the next time your internet goes out, it might not just be your router.   Don’t panic. Prepare.   And maybe keep a backup plan in your back pocket. Like a local basement bar with good bourbon—and working WiFi.   As usual, we’re on the lookout for more opportunities in cybersecurity. Stay tuned.   Author: Chris Campbell (AltucherConfidential) Profits from free accurate cryptos signals: https://www.predictmag.com/   
    • DUMBSHELL:  re the automation of corruption ---  200,000 "Science Papers" in academic journal database PubMed may have been AI-generated with errors, hallucinations and false sourcing 
    • Does any crypto exchanges get banned in your country? How's about other as Bybit, Kraken, MEXC, OKX?
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.