For everyone who has been asking, “What’s up with the EUR USD now? Here is the follow up video that shows an important update on the progress of the current pattern and what to look for to enter the next cash grabbing ATM profit opportunity.
Last week my inbox filled up with emails from some people who disagreed that the EUR was going to go up as much as it already did and also some from people who have already experienced a major breakthrough from these free videos alone.
Once this road map becomes clear to you the current Forex trading strategy for any time frame will be obvious to you withinabout 2 seconds of looking at any chart. It is a powerful and fulfilling experience and is so extremely valuable that you will keep that as a skill for the rest of your life and use it over and over.
When it comes to trading it’s best to have no opinion about where prices are headed and it is essential to never have any personal sentiment either bullish or bearish. Instead consider just looking at the charts and observing patterns, signals, and market phenomenon that can be recognized as turning points on any time frame.
One clue that was recently revealed is from the COT (CFTC commitment of traders report). Right now almost all commercial traders are long on the Euro in commodity futures. The majority seems to be short on the U.S. dollar although that conflicts with what I am seeing in relation to the current long term pattern formation on the stock market which normally moves in the exact opposite direction of the U.S. dollar.
What gets really exciting is when you see what is happening on the monthly, weekly , and daily time frames for the EUR USD. It appears highly probably that the EUR is now at least forming a correction to the last downtrend on the daily time frame and possibly a continuation of the long term uptrend on the weekly and monthly time frames.
What is even more exciting is that as you have learned from several previous videos it is not necessary to know which of these possibilities is currently happening in order to extract the maximum amount of profit on the next shorter time frames while waiting to see how the story unfolds.
