Most people immediately think about the dollar when Forex markets are mentioned. Sadly, the main reason is its declining value against the other major currencies. There are several ways to look at the foreign exchange markets and one of them is to compare other major currencies. For example, you could be looking at the euro against the Japanese yen or any number of combinations in between.
In today's short video we will be looking at the Swiss franc versus the Japanese yen over the past 12 months. I'm going to be showing you a very simple, yet very effective, approach that has proven to be 72% accurate in 2010-2011 when trading this particular cross-rate.
In fact, using this easy to understand approach, you would have made just seven trades in approximately 12 months. As you can see, this is not a hyperactive approach. However, it will put the odds of making money on your side if you stick to the game plan. As in all trading, having a game plan in foreign exchange is extremely important.
If after watching this video you would like to receive the game plan template I use to help me organize and develop my strategies, just contact us by phone at 1-800-538-7424 or via email by clicking here.
I hope you find this video informative and educational. As always our videos are free to watch and there are no registration requirements. All we ask is that you let us know what you think by leaving a comment, talk about us on your blog, Tweet to a friend or share us on Facebook.
All the best,
President of INO.com
Co-founder of MarketClub
gday Adam,I ENJOYED THE VIDEO BUT THE WINNING TRADES WERE 943PIPS AND NOT 1013 AS YOU STATED,MAKING A NET WIN OF 792 PIPS GDAY,davej
Adam:
Where is the information on Scandinavin Income Certificates. This is my fifth request for guidance on how to join this offer. There is no download in your material on Scandinavian Income Certificates. It is not only frustrating but also disappointing!
Ursula
Ursula,
We do not track or cover Scandinavin Income Certificates.
All the best,
Adam
Adam you say your are working on forex set-ups (entry/exits) that should be great. When might they be available?
Mike,
We are working on forex right now. I'm hoping to have this finished in the next week or two.
All the best,
Adam
Adam, I would very much like to learn Forex. Where should I start? BTW, I understand commodities and Fibs.
Brutus,
I would start to learn about foreign currencies by becoming a member of MarketClub. We have real-time prices and charts on all the majors and selected cross rates.
You can take a 30 day risk-free trial to a service to see if it matches your needs. I'm confident that it will.
All the best,
Adam
Adam
I really like the info - keep up the good work. Where can I find the graphs that you use? Are they available on-line somewhere?
Thx
Gord,
I use MarketClub charts and portfolios.
http://marketclub.com
All the best,
Adam
Good video Adam. I have not yet sent for the report. I actually continued my subscription to MC to see if I am able to use your information to make profitable forex trades. Not much success yet due to getting stopped out. Following the monthly triangles is the premise of your work. However, there is no metion of stops, with currencies the game can not be played without physical stops for those of us who wish to trade Forex and can't watch it all day. I have called the help desk and the only answer I get is everyone trades differently so we do not recommend how to trade the market. What is your criteria for setting stops on entry into these trades?
Mike,
Thank you for your feedback. We are currently working on a forex portfolio similar to our other portfolios in that we will give you the exact entry and exit levels. I think you going to like it, as the result have been pretty spectacular. Stay tuned for this one.
All the best,
Adam