May 8, 2010

How Low can the Euro go?

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100_12002Hello Everyone,

Was that some week or what?  There were some monster moves and huge profits providing you were on the right side of the market.

I'v received many emails asking me how low the Euro will go and…  All I can say is first, I don't have a crystal ball and second, traders tend to over estimate how high the market will go and under estimate how low it can go.  Some food for thought…

A few weeks ago I made a new video for you but was not able to upload it do to some tech problems.  I finally got that sorted and want to share it with you as it will help you learn some of my strategies ofr trading my forex market reversal levels.

Anyway… Lets take a look at a video…

VIDEO OF THE WEEK:

 

Until next week, peace and prosperity,

Jeff Wilde


Key Market Reversal Levels for
May 10 - May 14

 

GBP/USD

EUR/USD

USD/JPY

GBP/JPY

EUR/JPY

Turning Point Down #3 1.5479 1.3424 96.27 146.00 126.00
Turning Point Down #2 1.5250 1.3087 94.70 141.60 121.47
Turning Point Down #1 1.5000 1.2862 93.13 138.20 118.65
 
Turning Point Up #1 1.4498 1.2523 89.97 133.23 114.55
Turning Point Up #2 1.4250 1.2250 88.16 129.50 112.57
Turning Point Up #3 1.4000 1.2000 85.94 125.00 110.00
           
Intermediate Trend
Direction
Down Down Up Down Down
Major Trend Direction Down Down Up Down Down
 

***VERY IMPORTANT:  If you are new to our forex market forecast service I urge you to get up to speed on how to get the most out of it.      This will also explain what the abbreviations I use mean. To get all the details click this link:

Here is a video that will teach you how to get the most out of this newsletter. TO VIEW CLICK HERE:

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Comments on How Low can the Euro go? »

May 9, 2010

Alan @ 7:13 am

What up with the EUR/JPY Turring Down Point #3?

glen @ 7:45 am

Would it be possible to get a printer friendly version of the reversal table so I can print out just the table of reversal levels?

Arthur Boulton @ 8:00 am

Glen, Just copy and paste the table into a word doc and print from that OR put the levels on your charts and print them out for reference. Regards Arthur Boulton UK

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