Market update, what are these currencies up to?
Thursday, October 30th, 2008Well, it’s been a GREAT week! Many have made some good money in the market, not to mention that trades and set ups we’ve talked about on the live ATM sessions have profited many of you 300+ pips this week, I’m happy people are making money. If any of you are not having the desired results from your personal trading LOG INTO our trading sessions, instead of looking at what the market has already done we’re looking at what the market IS going to do… JOIN US!!
This morning we talked about the 1.3030 level on the EUR/USD, that was about 2 hours ago and as of this writing the pair is trading at 1.2930, that’s a 100 pip drop. There’s several 100+ trades to be taken just about everyday, just keep your eyes out for them (and log into the atm sessions).
As discussed this morning, I think we’re looking at major decision points across most of the major pairs. The eur/usd, gbp/usd have both dropped considerably, made retracements and now I think they might be positioned to continue dropping. But it’s a wait and see, the eur/usd has already dropped some and I think it just might continue… remember we have to watch for levels to be broken, that will trigger us getting into trades provided our indicators are going in our direction. So the USD pairs have most likely made some retracements and will continue in their previous direction, (down for the eur/usd, gbp/usd). Lets keep our eyes peeled and make some bucks in this market. I promise trading has never been as easy as it is right now, lets take advantage.
Jared J.




