In todays video we review the clearest currency pairs to trade today. We also talk a little about important fundamental announcements and how to handle them.
In todays video we take a few trades on the NZDUSD and a short term trade in the AUDCHF… we also have pending orders on the GBPCAD and GBPNZD.
In todays video we focus mainly on NZD crosses, which apparently are the clearest currency pairs to trade right now.
Looks like Greece finally agreed to the Euro terms… and that’s a good thing traders, I wouldn’t like to see what kind of volatility we’d get if Greece was to move out from the currency…
You know what though… I think it will happen, not right now, but in a year or two, I think they will have to let Greece out of it…
Its been years like this, and somehow they manage to get into trouble over and over again… Maybe next time the other Euro countries wouldn’t be able to deal with it, and they’ll have to let them go…
I’m just speculating here. What do you think?
Anyway, here is a good possibility for you.
We review the clearest currency pairs to trade today, we are going to focus mainly on the NZD crosses.
Video of todays trading and analysis session. We covered the currency pairs that have the clearest market conditions.
Here is the video of todays session. In todays session we a few of our orders to adapt to the current market conditions.
Video of todays trading and analysis session. We found several currency pairs that are trading in a very clear market conditions, we did set our orders in a few of them.
Hey traders, how is your trading going so far this week?
What currency pairs are you monitoring/trading?
I dont know about you, but in the last few months I’ve been focusing mostly on crosses. For some reason, the majors haven’t been trading in clear S&R levels…
And that’s something that makes me think twice before getting into a trade. If we don’t have clear S&R levels, then we cant understand what the market is doing, and what it is likely to do.
Just take a look at most majors, open up the long term charts, there are no clear swings, no clear levels…
Now, take a look at some crosses and you’ll get exactly the opposite, clear swings, clear S&R levels, etc.
So, if you have been getting bad results lately, maybe its about time to look at the crosses now.
At the end traders, I believe that what we need to do day in and day out, is to focus in the instruments that have the clearest market conditions… that’s it!
Forget about everything else and try to trade every day only the currency pairs that have clear S&R levels, clear swings, and at the end the probabilities will do its job.
Anyway, here is one of those currency pairs that I believe is trading in a very clear market condition.
Here is the video of todays trading and analysis session. We set 4 orders and one of the got triggered, we’ll see of the others get triggered over night!