Hi, Today is NFP Friday (USA unemployment news). I never trade it as it is too much like gambling and totally unpredictable for me. I posted a video that I recorded live in Decembers NFP news announcement to show you why I never trade it. You can catch that here: NFP Friday & Why I NEVER trade it
Today, David, our guest presenter from New York gives some tips on currencies to look out for on the longer term time frames & I certainly think he may be correct in his analysis of looking for long term trades on the Aud & the Nzd.
Speaking of longer term trades, I prepared a video for my forex mentorpro members last Sunday in which I showed them how to trade from WEEKLY charts. One trade on the Euro/$ alone, placed at market open is currently up 350 pips & the Euro/Yen +500! These entries were correct, almost to the pip, on a WEEKLY chart. There were other low risk, highly proftable trades as well. I will give you a full update on Sunday.As a result of this analysis here are just a few of the members comments:
“Hi Marc,
Amazing !!! Currently up 200 pips again on EUR/USD and 100 pips up on USDCHF.
I never believed it could be possible. I’ve only made 5-6 daytrades in two months and all winning.
Thanks again for your mentorship. J
The forum is now up & running. We have members who are test driving Forex Megadroid. Simon is our test pilot, but lots of the other experienced forex traders are sharing their settings & results & offering tips & advice. We also have husband & wife team, Jay & Julie Hawk, 25 year forex trading veterans, helping out with articles, tips & advice. The link to the forum is at the top of the page, so why not call in and say hello.
I will post my video from last Sunday over the week-end & my regular weekly update late Sunday afternoon GMT time. If you would like to informed of news & updates fill in the email box top left of this page. If you would like to be a member of my low cost forex mentor program, click on the following link to find out more, Regards, marc
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