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.
We are often asked how to watch MarketClub videos on a smart phone. Well, the good news is that you can and it's easier than you think - even if you're using an iPhone or iPad that doesn't play flash, you can watch our videos.
Now you can watch our videos anywhere, anytime, on any smart phone.So this weekend if you have nothing else to do or you're on the go, check out my latest videos with your smart phone, iPad, or other tablet on YouTube.
Have a great weekend and enjoy the videos. The MarketClub Team
With the announcement that Apple CEO, Steve Jobs, would be taking yet another medical leave of absence, the "golden" Apple took a dive and with it, so did the NASDAQ.
Perhaps it's just a coincidence, but the NASDAQ seems to lean heavily on this one booming tech stock.
Over the past few weeks I’ve shown you video examples of how you can use three powerful, yet straightforward indicators – the Donchian Channel, Williams %R, and MarketClub’s Trade Triangles – in combination to quickly find and grab some not-too-shabby profits in sideways markets.
Today I’d like to take a closer look at one of them – the Donchian Channel – and how misusing it could sink your trading portfolio.
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