It's been a while since we did a video on the euro/dollar relationship. This relationship may be reversing again based on recent price action. In today's short video I point out some of the changes we see happening in this market.
This week could be shaping up to be an extraordinary week in the markets. I strongly recommend that traders everywhere take precautionary measure measures to protect capital.
As always our videos are free to watch and there are no registration requirements. I would really like to hear back from you with regards to your thoughts on this video.
In today's video I'm going to share with you a wonderful way to look at the forex markets and determine which way they are headed in a matter of seconds. We'll be looking at three different cross rates and how they all correlate together in a way that I think may surprise you.
The forex markets are the biggest markets in the world and MarketClub not only covers all of them, but also covers them in real-time with pricing and charts. I hope you learn from this video and take the time to post your comments on our blog.
It seems to me that we are at an inflection point in the economy. The government has blown pretty much all of its money and the economic recovery and the economy is still sputtering along. No surprise there.
Today I'm going to be looking into why weekly charts are so important in the Forex market.
I will use the EUR/USD as the example and deeply investigate the buy signal we received on this cross on Monday, July 27th. Although it's too early to tell if this signal will be profitable, it is certainly a signal you must take if you are a disciplined follower of MarketClub's "Trade Triangle" technology.