Most people immediately think about the dollar when Forex markets are mentioned. Sadly, the main reason is its declining value against the other major currencies. There are several ways to look at the foreign exchange markets and one of them is to compare other major currencies. For example, you could be looking at the euro against the Japanese yen or any number of combinations in between.
In today's short video we will be looking at the Swiss franc versus the Japanese yen over the past 12 months. I'm going to be showing you a very simple, yet very effective, approach that has proven to be 72% accurate in 2010-2011 when trading this particular cross-rate.
Continue reading "Forget about the dollar; there are other ways to make money in the Forex market"
With the announcement that Apple CEO, Steve Jobs, would be taking yet another medical leave of absence, the "golden" Apple took a dive and with it, so did the NASDAQ.
