It’s a no-brainer.
If I've heard that expression once, I have heard it a thousand times from traders over the years.
While trading in the pits of the Chicago Mercantile Exchange early in my career, that expression was a common phrase used by many of my fellow traders on the trading floor. Many traders are saying that MarketClub is a no-brainer, we prefer to think of MarketClub as a refuge for smart traders.
Today we are looking at the forex market and in particular the EURO/YEN cross. This cross first came to our attention in MarketClub’s portfolio alerts system. So, today I decided to spend a little time and analyze this market for you.
As you may know the foreign exchange market is a $3 trillion a year market, making it the biggest market in the world. This game is played 24 hours a day, six days a week. The EURO/YEN cross has had a particularly big move over the last several years, the question now is: is this cross going to continue higher?
In my detailed analysis of the EURO/YEN cross, you will see my reasons and my analysis for why this market could be beginning a big move right now.
We'll also be looking at this market scientifically using MarketClub’s “Trade Triangle” technology. This technology has enjoyed a great deal of success in forex as well as other markets. The “Trade Triangle” approach is a totally driven, non-emotional way to look at any market including the EURO/YEN cross.
I'm sure you'll get a lot out of this seven minute video as it will help you further understand how the markets really work.
Every success in trading and in life,
Co-founder of MarketClub.com