June 20, 2010
How To Trade Choppy Markets Video
Hello Everyone,
We definitely had a choppy week over the past 5 days as there was quite a bit of consolidation in many of the currency pairs. This is to be expected especially after some of the huge runs we've seen over the past couple of months.
Anyway, when we are trading in choppy markets the strategies have to change otherwise we tend to over trade and get stopped out a lot more.
With that in mind I've just made a new video that will give you a simple but powerful strategy for identifying when you are in a choppy market.
Until next week, peace and prosperity,
Jeff Wilde
"Forget Forex Robots that promise instant wealth and fail to deliver again and again… Here's a no-nonsense strategy that doesn't take years to master and that actually works as promised!"
If you don't already own this one, then I would highly reccommend that you check it out as I have had many unsolicited thank you letters for mentioning this program. It is a must have in every traders "Bag Of Tricks", Anyway… To read more click here…
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Key Market Reversal Levels for
June 21 - June 25
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GBP/USD |
EUR/USD |
USD/JPY |
GBP/JPY |
EUR/JPY |
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| Turning Point Down #3 | 1.5395 | 1.3094 | 94.00 | 141.66 | 122.12 |
| Turning Point Down #2 | 1.5186 | 1.2844 | 92.88 | 138.46 | 117.38 |
| Turning Point Down #1 | 1.5000 | 1.2557 | 91.65 | 136.00 | 114.28 |
| Turning Point Up #1 | 1.4635 | 1.2227 | 90.00 | 132.50 | 110.74 |
| Turning Point Up #2 | 1.4454 | 1.2000 | 89.20 | 130.34 | 107.48 |
| Turning Point Up #3 | 1.4259 | 1.1735 | 88.19 | 127.75 | 105.00 |
| Intermediate TrendDirection | Up | Down | Up | Down | Up |
| Major Trend Direction | Down | Down | Down | Down | Down |
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***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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Filed under Forex Newsletter by Jeffrey Wilde
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