We follow-up on last week's euro video

Late last week we produced a video on the euro (which was posted on our blog on Monday), making a case that the currency was very close, if not at its highs. Since then, we have had two significant events fall into place which made the dollar skyrocket against the euro.

My new video shows you exactly what transpired and where we are so far this week. I think you'll find it interesting and informative.

As always our videos are free to watch and there is no need for registration.

I would appreciate that if you have comments on this market that you please leave them on the blog for everyone to see.

All the best,
Adam Hewison
President of INO.com
Co-founder of MarketClub

4 thoughts on “We follow-up on last week's euro video

  1. Well I went long on 7/26 with the green daily backed up with a green weekly. I'm testing out this system. Been watching MACD and Slow and this is like a real death roll but I need a hard and fast way to write rules like: yeah green triangles but this market is tired!

    I'll liquidate this tonite for like a 4 pip gain, which is kinda like a loss but VERY SMALL!!! The way we like 'em!

    1. Thomas,

      Here are the rules we use for Forex.

      How to use trade triangles in futures and Forex.
      In the futures and Forex markets we use the weekly "Trade Triangles" for trend and the daily "Trade Triangles" for timing. Let me give you an example of how that works. If a green weekly "Trade Triangle" is in place it indicates that the trend is positive for that market. Initial entry point would be on the weekly green "Trade Triangle" and then you would use a red daily "Trade Triangle" as a stop. For example if the trend was up on the weekly you would exit a position on a red daily triangle. This is not to go short but only to exit the position and wait for the trend to reestablish itself on the upside. In the event the trend that does not reestablish itself and reverses with a weekly red "Trade Triangle" you would go short on the weekly "Trade Triangle" and use the daily "Trade Triangle"for money management and reentry points.

      All the best,

  2. I'm new to MArket Club and have been enjoying the time here.

    Yeah, I'm not doing anything on the Euro until I see that Weekly Red Arrow. Currently am short the USD/CHF pair and long AUD/USD , all strictly using the weekly arrow/daily arrow entry method. This simple system has been good for me as I had been making things too complex and getting overwhelmed doing the technical analysis, doing the trading, managing the money .... The arrows are keeping me with the the trend and that is all I need.

    Been focuing on FOREX and I have noticed that the FOREX world is rife with people trying to pick bottoms or short tops and they market themselves to newbs like me. What foolishness.

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