With currency pair ranges at so low the market is waiting to open up. Will it be news out of the EU specifically the imminent Greece default. Will the Bank of Japan will intervene and pop the YEN 300-400 pips. All the time there are opportunities waiting for us.

Here is an opportunity I see right now in the markets.

EUR/AUD: Trade Of The Week

If you notice over the last couple of weeks the EUR’s countertrend rally has been the weakest against the AUD. This is exactly the currency I want to be in for when the next wave of pressure on the EUR occurs since it most likely will break the hardest against.

Notice the bear flag pattern which normally is a sign of consolidation before a continuum of the current trend in place.

Initially, I am looking for a risk to reward of 1:3 with a stop around 100 pips and a take profit of 300 pips below.

With little comment.

Let’s take a look at what we have going on today.

You can view the open positions throughout the day from the Conquer V2 Dashboard.

With the chatter lead by the S&P rating agency signaling the Greek default will be imminent market volatility is expected to pick up. Yes, the market has priced this news in and is prepared. No, the market has not actually priced this in and nobody is really prepared. We have no idea how the market will handle such a default. As our mantra goes, “I know nothing.”

GBP/USD Forecast: The strong USD continues on against the GBP. Despite the current down trend I am looking to get long from the 1.5332 area. Yes, the GBP/USD is in a clear downtrend, however, I am only looking taking counter trend trades on this pair. This is also my hedge vs any good news coming out of the EU including a Greek default. Who knows, the market would send the EUR further down or it could very well rally on such news.

EUR/USD Forecast: The USD continues to appreciate sharply against the EUR. The pair is  in a clear down trend  and I am looking to sell around the 1.2646 area.

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GBP/USD Forecast: The strong USD continues on against the GBP. Despite the current down trend I am looking to get long from the 1.5340 area. Yes, the GBP/USD is in a clear downtrend, however, I am only looking taking counter trend trades on this pair.

EUR/USD Forecast: The USD continues to appreciate sharply against the EUR. The pair is  in a clear down trend  and I am looking to sell around the 1.2795 area.

Here is a video of this mornings scan of the markets for Slingshot setups. Looks like I was about an hour or so late to the party this morning but we had several nice setups that I am sure many of you capitalized on with ease.

Intraday Account Builder
Time frame traded – M15

The Slingshot is ideal for those who have full time jobs, no time to watch their computers all day, as well as for active traders. The Slingshot waits for high probability setups when price is stretched out or oversold/bought against the immediate trend in place. With very reasonable targets the method takes profits often.

Looking forward to hearing your thoughts as always. Send me an email, comment below, or I will see you on in the inside!

For the first time in six months the EUR/USD has broken below the $1.40 level. This was on Jan 27 and both the Asia and London trading sessions pushed the euro dollar to it’s low of $1.3930.

During the New York session the FOMC meeting minutes with the Fed changing the language:

The FOMC removed a sentence from its statement that has been in place since April 2009. The statement that the economy is “likely to remain weak for a time,” was changed to “the pace of economic recovery is likely to be moderate for some time.”

The statement noted the U.S. economy has continued to “strengthen,” which is more upbeat than the December statement.

The markets turned after a “knee jerk whipy type reaction” and by the opening of the Asian/Australia sessions had traded all the way back to $1.4027 which is a Japanese candlestick hammer formation which is known to be a reversal signal. With the market turning quickly after the Fomc meeting minutes the move looked convincing. From the start of the Asian open until the close of New York on Friday heavy selling has brought price down to $1.3863.

The continued EUR/USD strength is not the move predicted to come from the eur usd long term forecast but has flipped everyone’s sentiment to everyone all of a sudden bullish the US dollar. Thankfully this nice move was the highest earning pair for January but there is a high probability it reverses with extreme USD weakness causing new all time highs against the EUR before the dollar strength predicted in the forecast takes place.

Looks like there could be at least another couple to a few hundred pips to the downside but traders be ready to pounce on all buying for the beginning of the coming reversal.

Forex System Course Trading

The course taught through this website is done so using the best forex trading system for traders to learn forex though a set of black and white rules making up the method of trading. Everyone in the group is taking the same exact trades and there is no room for discretion taking the emotion out of trading.

 The forex trading system traded together by the group is gives not only newbie traders the chance to succeed but also traders who have years experience trading the forex markets. There are positives for each background coming into the course. New traders excel since they yet have had a chance to create bad habits that stick with them causing the same mistakes to be repeated over and over again however they often have little background and sometimes are starting from ground zero. While people who have been trading for anywhere from several months to years have a lot of experience which can work for or against them.

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Sometimes traders have had just enough market experience to realize trading is actually very difficult as the market has humbled them enough and now they are ready to learn. This is the person who has the best chance to succeed. They are open to finally learning having enough respect for the markets to understand they need the help of a professional trader and have put enough time into their trading that they are ready to learn.

I have also seen traders with no experience get started right away and with the course and within just a few of trading with the group already have the confidence to feel as if they know what they are doing. It is amazing to witness someone start with no background and be willing to listen and learn and put it all together so quickly. From my understanding it is because these traders have no experience they are willing to listen and apply guidance and follow the rules of the trading system exactly as they are. The pitfall they have to watch out for is thinking forex trading is easy because of their quick success.

It is important to remember that all behaviors you practice have an effect on your trading not only in the present but also in the future. Attaining the goal of becoming a full time trader starts today and don’t fool yourself very few make it, make sure to surround yourself by people who are going to make you a better trader.

If you have a little or a lot of experience there are pros and cons to each but if you have the desire to learn and you are ready the opportunity offered through this forex trading system course is very unique and special. You have nothing to loss and everything to gain. This is your time, this time is for you to build the foundation needed to achieve your goals and become a successful forex trader.

Forex forecast euro dollar: the most accurate eur usd forecast. So pay close attention. Most people understand that if they were able to make a correct euro to dollar prediction they would simply be able to cash in on the markets over an over again. The question remains is it possible to find a good eur/usd forecast?

Eur usd forecast

Absolutely! I will show exactly how how I make consistent profits with my eur usd forecast and how you can also forecast the eur/usd. I will show you exactly how I am able to make a eur usd forecast today and a long term forecast by using an advanced money management system. Stay with me for a few minutes and I will show you how to conquer the markets.

Forecast eur/usd: fundamental analysis

Right now the European Union is in a financial crisis and there are big moves happening almost daily on the eur/usd. The euro zone is in a debt crisis that is not going to be resolved anytime soon. Currency wars have just begun and this environment is a trader’s dream to make money because of the high volatility.. With the trouble in Greece, Spain, Portugal, Italy, and Ireland countries like Germany and France are left with the problem of trying to solve these debt problems. Everyday we are seeing the news out of Europe move the markets.

Traders are making a lot of money daily. There are many good places to find out detailed information, past history, and eur/usd news. Although trying to predict future price fluctuations with a euro to dollar forecast based on market fundamentals will make you lose all of your money quickly. Why is that? The fact of the matter is that when you make an investment decision based on sound reason, no matter how good that reasoning is, you will stayed tied to it knowing you have good reason for making this trading decision.

The problem is markets can remain irrational longer than traders can remain solvent. In other words even those the markets should be trading by all reason in one direction they could remain headed in the opposite direction for no good reason longer than you are able to remain in the trade without receiving a margin call. And yes, as soon as you do take a huge loss on the trade sure enough your original eur to usd forecast will play out exactly as you knew it should. It is like rubbing salt on your wounds because you knew what was going to happen only instead of capitalizing off of it, you lost hard earned money on the trade.

Eur usd forecast: technical analysis

The truth is it is impossible to forecast the euro dollar with accuracy. So how do I constantly profit from the moves on the eur/usd with my eur usd forecast daily and in the long term? How is it possible to predict the eur/usd? I trade what is happening rather then what I think is going to happen. I follow a set of rules of a forex system that places no emphasis on indicators and rather on price action alone. Money management is everything. You cannot be emotionally attached to what you think is going to happen but rather let price lead and trade what is happening.

Eur/usd forecast

The Conquer V2 trading system is simply the most effective forex system out there with a solid fundamental core, using advanced money management, risk to reward ratios, and position sizes giving the average person the ability to be consistently profit with a very easy to trade strategy for a eur usd forecast that does not require you to be in front of the screen all day. Yes, the system return in May was astonishing but prior to then as it has now been averaging 5,000 pips a month.

Euro to dollar forecast