Corrective move for GBP, EURO, & EUR-JPY, EUR-GBP.avi

A corrective movement has been anticipated due to the previous weeks down turn. The thin market due to the Holiday trading in Asia and the Chinese New Year may have lent support for this correction contrary to the trend. The favored pairs are the GBP/USD, EUR/USD, EUR/GBP & the EUR/JPY as an arbitrary hedge for the majors. An article written on the analysis can be found on our webiste at : http://www. megatrade101.com on the Market View section on the top menu.

This is a confirmation video of that analysis. However, there are no guarantees that the same results would occur when trading a volatile market such as the Foreign Exchange Market where inherent risk of loss will always be present as prices fluctuate in wider trading ranges. Pls. consider your financial conditions and consult a reliable financial adviser at all times.

Category:

Education

Tags:

• Trend following strategies
• contrarian analysis
• donchian theory
• investors
• megatrade101.com
• US dollar Index
• Euro
• british Pound
• cable