Tricky Forex few days ahead. Free Video Tips and advice how to trade current markets
Sent Sunday, October 18, 2009
Hi I have posted this weeks free video analysis on the blog. The markets were particularly volatile in the 2nd part of last week and I did warn that you should be very careful as I wasn't sure if we were just experiencing heavy pullbacks and not full blown reversals. the jury is still out on many of them for me, but I do have a few trades that I am looking for at the moment as explained in the blog.
Also Erol, who is a US based fundamental & technical analyst is posting a couple of free videos for you during the week. Erol is a very experienced trader and analyst who also covers stocks and commodities. Be sure to check out his view on the markets as well.
The latest marketing technique for forex products seems to be to release "teaser videos" to gain our attention. The latest being the Correlation secret. The thing with a lot of these videos is that they obviously want you to be interested in their product BUT often they are well made and have educational value. To my mind if something is there and free you may as well take advantage of it. having said that a recent launch had 35 minute videos that simply bored me rigid! So be selective.
If you remember from my e book I explained that correlation is how pairs interreact. For example the Chf is going down 80+% of the time when the Euro is going up. Similarly the Aud is going the same way as the NZD 80+% of the time. Therefore you can use correlation to confirm a sale or keep you out of others
Return to Archive
