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.
VIDEO OF THE WEEK:
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…
Key Market Reversal Levels for
June 21 - June 25
GBP/USD
EUR/USD
USD/JPY
GBP/JPY
EUR/JPY
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
***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:
I'm still playing catch up after my holiday in Northern Europe so will skip the video highlights that I often do.
Anyway, last week we had a few classic trade setups off of my forex market reversal levels. The best one was a divergent buy setup on the GBP/JPY and was good for near 400 pips if you rode it from level to level.
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…
Key Market Reversal Levels for
June 14 - June 18
GBP/USD
EUR/USD
USD/JPY
GBP/JPY
EUR/JPY
Turning Point Down #3
1.5239
1.2848
95.00
141.66
122.12
Turning Point Down #2
1.5000
1.2555
94.00
138.46
117.38
Turning Point Down #1
1.4750
1.2257
92.88
135.00
112.86
Turning Point Up #1
1.4393
1.1976
90.79
130.81
108.16
Turning Point Up #2
1.4242
1.1750
90.06
127.75
105.00
Turning Point Up #3
1.4000
1.1500
88.89
125.00
102.55
Intermediate Trend
Direction
Down
Down
Up
Down
Up
Major Trend Direction
Down
Down
Down
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:
Just got back from my vacation in Northern Europe. and had a great opportunity to visit, Norway, Sweden, Finland, Russia, Estonia, Denmark and Poland.
It was really fun to not only get away from my usual place of resisdence but to get away from the markets as well. It really helps you to refocus and recharge the batteries.
Anyway, unless you were visiting the moon you couldn't help hearing about the sinking Euro and all the woes in Europe. As a result I received quite a few emails from traders asking me how low the Euro can go. While I don't have a crystal ball and can't know the final market bottom, I can tell you that traders constantly underestimate how low things can go.
With that in mind be very careful with any long positions in the Euro based pairs and only look to scalp against the down trend.
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…
Key Market Reversal Levels for
June 7 - May 11
GBP/USD
EUR/USD
USD/JPY
GBP/JPY
EUR/JPY
Turning Point Down #3
1.5045
1.2848
95.00
141.66
122.12
Turning Point Down #2
1.4794
1.2555
94.00
138.46
117.38
Turning Point Down #1
1.4605
1.2257
92.88
135.00
112.86
Turning Point Up #1
1.4393
1.1750
91.36
130.81
108.76
Turning Point Up #2
1.4242
1.1500
90.50
127.75
105.00
Turning Point Up #3
1.4000
1.1250
89.25
125.00
102.55
Intermediate Trend
Direction
Down
Down
Up
Down
Up
Major Trend Direction
Down
Down
Down
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:
We had some huge moves off of my market reversal levels last week znd there were nearly 1500 pips of opportunity off of the 5 currency pairs. If thats not enough to get you excited then I don't know what will!
NOTE: I'm going to be going on a vacation in Europe for the next couple of weeks so will not be doing the market reversals during that time. I will resume the levels on June 5th.
Anyway… Lets take a look at a video that shows how you could have made up to near 600 pips off of one currency pair…
VIDEO OF THE WEEK:
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…
Key Market Reversal Levels for
May 17 - May 21
GBP/USD
EUR/USD
USD/JPY
GBP/JPY
EUR/JPY
Turning Point Down #3
1.5390
1.3285
96.27
144.50
126.00
Turning Point Down #2
1.5060
1.3000
94.70
139.75
121.06
Turning Point Down #1
1.4714
1.2585
93.13
135.93
117.16
Turning Point Up #1
1.4422
1.2250
91.04
132.00
112.57
Turning Point Up #2
1.4250
1.2000
89.50
128.50
110.00
Turning Point Up #3
1.4000
1.1750
88.00
122.68
107.50
Intermediate Trend
Direction
Down
Down
Up
Down
Down
Major Trend Direction
Down
Down
Down
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:
"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…
Hello 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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