When one euro equals one dollar ... don't be surprised

Posted on by The INO.com Team

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 effect on the performance of the euro, recently putting it under severe pressure.

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?

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 do so below and make your views known.

All the best,

Adam Hewison

President, INO.com
Co-creator, MarketClub

16 thoughts on “When one euro equals one dollar ... don't be surprised”

  1. Plan was laid months ago, apparently.

    Germans talking about reintroduction of Deutschmark, French of the Franc.

  2. Where do you think the Gold ETF GLD is headed in the near term 30-60 days? What level do you see support in that time period?

    Thanks.

    1. SA,

      The long term upward trend remains intact for the gold market despite the recent $75 pullback.

      All the best,
      Adam

  5. I think my blood pressure has gone down 10 points since joining MarketClub. I know what to do now!

  6. Ming,

    The trends are down in crude oil and the euro.

    Trying to pick a bottom in these market is like trying to catch a really sharp knife that is being thrown at you. I wouldn't recommend it.

    All the best,
    Adam

  8. Today,

    UUP is up, but not so much.
    http://stockcharts.com/h-sc/ui

    Link told me:" Look here while UCO hit $10. huge valume,likely is bottom. But is fake"

    Crude oil start june contrac from 84 fall to 68.8 then back 69.6level ( If counting contract day expire acctural is currently JUNE contract lower at 64.28, july contact is 68.8)
    My questions are:
    1. How low will be UCO for cycle.
    2. crude oil both around 70 just for contract day change, but acctural UCO down from 9.7 to current 8.75 how this math working?
    If $1.= 1 euro. crude oil same level around 70. then how covert dollar in after each month contract "decay"
    what is UCO suppose price

  9. I am very Happy since I read every day your blog and any comments where you have reason thanks a lot for your cooperation.

  10. Hi, Adam. Your training videos are an education and an inspiration .... thank you.

    Are some FX currency pairs more suited to the "Weekly for the Trend, Daily for the Trade" strategy than others?

    Which currency pairs would you say are the most suited to this strategy?

    Thank you, in anticipation.

    1. Richard,

      Thank you for your feedback.

      I would trade the most liquid pairs you can find and that would be the euro/USD the USD/Yen the USD/GBP, USD/AUD and the USD/CAD

      Providing the markets have good liquidity and most of the pairs above do have good liquidity I would stick with them.

      An easy way to check out liquidity is to check with the futures market at the CME and see which pairs have the biggest volume and open interest. That will tell you which ones you should be looking at.

      All the best,
      Adam

  13. Adam, just so you know (as hardly anyone seems to anymore): The word is effect, not affect.

  14. Once again Adam,
    thank you for the timely up-dates on SPY, GLD, USO & UUP (FXE).
    These up-dates really help me to avoid a fear of the markets
    and stick to my trading plan.
    With all the volatility and uncertainty,
    I have taken your recommendation -- using the Weekly for the Trend
    and the Daily for Timing.
    I take my profits and wait for the next set-up.
    Cheers.

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