You Are About To Discover 3 Secrets To Quickly Identifying Correctly The Market Trend.
In this exclusive, powerful, eye-opening video, you will learn:
- The 5 fatal mistakes most people do in trading and investing
- A simple technique to recognize the market trend with only a look at the price chart
- How to use a simple, yet powerful system to identify the strength of the underlying trend
Founder and Chief Editor
Update For: 2014-04-10
Posted On: Thursday, 10 April 2014 10:34
Very Short-Term Trend: uptrend
Our call to go long yesterday was right on the stop as EUR rallied soon after that. Now, the uptrend on hourly chart is strong and further gains are expected. As said many times before, eventually I expect a move twd the 1.4045 Fibonacci level. But of course, it is unlikey EUR to go directly to there. When in strong uptrend, our job is to protect our gains using a trailing stop below the rising 21-hour moving average (and the last reaction low). Thus, as long as the prices hold abv 1.3835/25, the bulls are in control...
Strategy: Holding long from 1.3803 is favored. Stop=1.3823.
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03/03/2014... the Medium-Term prospects for March on weekly charts have been updated for all markets. They are available free to all visitors of my web site. AN
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