subject: Forex Should Not be Foreign to you [print this page] Forex Should Not be Foreign to you Forex Should Not be Foreign to you
It's the biggest market in the world and is traded 24 hours a day, 6 days a week, and therefore one that is impossible to ignore. I'm speaking, of course, about the forex market.
The question is, is this the tail that's wagging the dog? Meaning, is the forex market, mainly the euro, dictating the trend in American and European equity markets.
The answer is yes, for the moment it is. Now, if you're not familiar with the forex markets and the euro, you should look at the ETF FXE, the spot euro, and also the euro futures market at the Chicago Mercantile Exchange (CME), as they are all tradable.
In today's short video we show you exactly how we think this currency will play out in the future.
As always, our videos are free to watch and there is no need for registration.
Don't be surprised when one euro equals one dollar it could happen.
As everyone in the Western World knows, Europe has been having its share of major problems. All of Europe's trials and tribulations have had a dramatic affect on the performance of the euro, recently putting it under severe pressure.
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Unlike the United States, where we can print money and inflate ourselves out of most problems, the Eurozone is accountable to the 16 nations who gave up their own currency to join.
I have had a lot of calls and e-mails about doing a video on the euro, so I looked at the markets and made a video to share my thoughts with you.
In my latest video I'll explain how our "Trade Triangle" technology has been very accurate since the beginning of the year for the euro. Although we've nailed the market thus far, it leads to the big question: Have we seen the euro bottom out?
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I hope my new video answers that question and highlights some of the reasons why I believe we could be seeing some strong opportunities in this market.
The video is available for viewing now and there is no charge or registration requirement.
If you'd like to comment on this video, please visit the Trader'sBlog at the end of the video to make your views known.
