Mid Week Currency Market Commentary - U.S. Dollar, Euro, British Pound, Swiss Franc, Canadian Dollar, Yen - for Tuesday Evening December 3rd

The U.S. Dollar closed lower on Tuesday. The low range close sets the stage for a steady to lower opening when Wednesday's night session begins trading. Stochastics and the RSI are turning neutral to bullish signaling that sideways to higher prices are possible near term. If March renews the rally off October's low, the 50% retracement level of the July-October decline crossing at 82.26 is the next upside target. If March extends the decline off November's high, the November 1st gap crossing at 79.98 is the next downside target. First resistance is the 38% retracement level of the July-October decline crossing at 81.57. Second resistance is the 50% retracement level of the July-October decline crossing at 82.26. First support is last Tuesday's low crossing at 80.67. Second support is the November 1st gap crossing at 79.98.

The March Euro closed higher on Tuesday and the high range close sets the stage for a steady to higher opening when Wednesday's night session begins trading. Stochastics and the RSI are overbought and are turning neutral to bearish hinting that a short term top might be in or is near. Closes below the 20 day moving average crossing at 134.95 are needed to confirm that the rally off November's low has ended. If March extends the rally off November's low, the reaction high crossing at 137.05 is the next upside target. First resistance is last Friday's high crossing at 136.23. Second resistance is the reaction high crossing at 137.05. First support is the 20 day moving average crossing at 134.95. Second support is the reaction low crossing at 134.02.

The March British Pound posted an inside day with a higher close on Tuesday leaving yesterday's downside reversal unconfirmed at this time. The high range close sets the stage for a steady to higher opening when Wednesday's night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near term. If March extends the rally off November's low, monthly resistance crossing at 1.6738 is the next upside target. Closes below the 20 day moving average crossing at 1.6120 would confirm that a short term top has been posted. First resistance is Monday's high crossing at 1.6427. Second resistance is monthly resistance crossing at 1.6738. First support is the 10 day moving average crossing at 1.6219. Second support is the 20 day moving average crossing at 1.6120.

The March Swiss Franc closed higher on Tuesday as it extends the rally off November's low. The high-range close sets the stage for a steady to higher opening when Wednesday's night session begins trading. Stochastics and the RSI are overbought but are turning neutral to bearish hinting that a short term top might be in or is near. Closes below the 20 day moving average crossing at .10964 would confirm that a short term top has been posted. If March extends the aforementioned rally, the reaction high crossing at .11156 is the next upside target. First resistance is last Friday's high crossing at .11081. Second resistance is the reaction high crossing at .11156. First support is the reaction low crossing at .10891. Second support is November's low crossing at .10829.

The March Canadian Dollar closed lower on Tuesday and below key support marked by July's low crossing at 93.60 as it extends the decline off September's high. The mid-range close sets the stage for a steady opening when Wednesday's night session begins trading. Stochastics and the RSI are oversold but remain neutral to bearish signaling that sideways to lower prices are possible near term. If March extends this fall's decline, weekly support crossing at 92.13 is the next downside target. Closes above the 20 day moving average crossing at 94.86 would confirm that a short term low has been posted. First resistance is the 10 day moving average crossing at 94.43. Second resistance is the 20 day moving average crossing at 94.86. First support is today's low crossing at 93.45. Second support is weekly support crossing at 92.13.

The March Japanese Yen posted a key reversal up on Tuesday after spiking below key support marked by May's low crossing at .9710. The high range close sets the stage for a steady to higher opening when Wednesday's night session begins trading. Additional strength on Wednesday is needed to confirm today's key reversal up. Stochastics and the RSI are oversold but remain neutral to bearish signaling that sideways to lower prices are possible near term. If March extends the decline off October's high, weekly support crossing at .9640 is the next downside target. Closes above the 20 day moving average crossing at .9967 are needed to confirm that a short term low has been posted. First resistance is the 10 day moving average crossing at .9854. Second resistance is the 20 day moving average crossing at .9967. First support is today's low crossing at .9680. Second support is weekly support crossing at .9640.

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Free webinar: How to Boost Your Returns With One Secret ETF Strategy

Join our trading partner John Carter of Simpler Options this Tuesday evening, December 3rd, for his FREE webinar "How to Boost Your Returns With One Secret ETF Strategy".

It all gets started at 8:00 p.m. eastern but get registered right now as there is limited seating and Johns wildly popular webinars always fill up right away.

If you watched this weeks new video you have an idea of what we are up to. And how we are trading ETF's in such a way that the market makers can not get the upper hand on us. In this weeks class John will be taking his methods to another level. And he is sharing it ALL with you.

In this free online class John will share with you....

    •     A Powerful Simple Strategy for Trading Options on ETFs

    •     The SAFE Levels to Take Trades

    •     How to Minimize Your Risk

    •     The Very Best ETFs to use

    •     Which ETFs You Have to Avoid Like the Plague

           And much more...

Simply click here and visit the registration page, fill in your info and you'll be registered for Tuesdays FREE webinar.

See you on Tuesday,
The Forex Market Club


Watch "How to Boost Your Returns With One Secret ETF Strategy"

 

U.S. Dollar Index ETF UUP Trading Strategy

We all know quantitative easing devalues the Dollar but contrary to that general statement it looks as though we could see the dollar index continue to rise for a few more weeks. If we analyze the chart of the Dollar ETF (UUP) it is clear that the short term momentum has turned up. The break above the down trend line and recent bounce off support bodes well for the dollar index.

The bull flag chart pattern that has formed in the past month has a measured move price target of roughly $22.30. The level also happens to be a key pivot point on the chart along with high volume resistance. I expect the dollar to continue to work its way higher over the next week or two with $22.30 being the line in the sand where sellers will jump on price and drive it back down, or at minimum force price to consolidate for a few days.

US Dollar ETF Trading Strategy – Daily Chart Analysis




Chris Vermeulen – www.Gold & Oil Guy.com - Free Trading Ideas


Our new video: Why Market Makers Can’t Screw you with ETFs

So Many Reasons Why You Should Trade Options on ETFs

Our trading partner John Carter of Simpler Options is back with another great video. And as usual it's a total game changer. One of my favorite aspects of John's new video lesson is that he shows us how we can take advantage of trading ETF's. And since the market makers can't control the movement in these tickers...well, simply put..... they can't screw with us!

While there is many "highly capitalized" fund managers using Johns methods these trading techniques still work great for traders with small accounts. This makes it easy for the retail investor to level the playing field. Yet another reason trading ETF's using options has become the favorite of so many home gamers and professional fund managers alike.

Never traded options? Stop shying away from this type of trading. John is going to make this very easy to understand and you'll be able to put this to work on your own favorite ETF's in your favorite sector.

So go ahead and click here to watch John's free video "The Secret Life of ETF Options" 

After watching the video please feel free to leave a comment, we want to hear what you think of John's methods.


Ray @ The Forex Market Club

Watch "Nine Reasons Why You Should Trade Options on ETFs"

The Unintended Consequences of ZIRP

By John Mauldin

Yellen's coronation was this week. Art Cashin mused that it was a wonder some senator did not bring her a corsage: it was that type of confirmation hearing. There were a few interesting questions and answers, but by and large we heard what we already knew. And what we know is that monetary policy is going to be aggressively biased to the easy side for years, or at least that is the current plan. Far more revealing than the testimony we heard on Thursday were the two very important papers that were released last week by the two most senior and respected Federal Reserve staff economists. As Jan Hatzius at Goldman Sachs reasoned, it is not credible to believe that these papers and the thinking that went into them were not broadly approved by both Ben Bernanke and Janet Yellen.

Essentially the papers make an intellectual and theoretical case for an extended period of very low interest rates and, in combination with other papers from both inside and outside the Fed from heavyweight economists, make a strong case for beginning to taper sooner rather than later, but for accompanying that tapering with a commitment to an even more protracted period of ZIRP (zero interest rate policy). In this week's letter we are going analyze these papers, as they are critical to understanding the future direction of Federal Reserve policy. Secondly, we'll look at what I think may be some of the unintended consequences of long-term ZIRP.

We are going to start with an analysis by Gavyn Davies of the Financial Times. He writes on macroeconomics and is one of the more of the astute observers I read. I commend his work to you. Today, rather than summarize his analysis, I feel it is more appropriate to simply quote parts of it. (I will intersperse comments, unindented.) The entire piece can be found here.

While the markets have become obsessively focused on the date at which the Fed will start to taper its asset purchases, the Fed itself, in the shape of its senior economics staff, has been thinking deeply about what the stance of monetary policy should be after tapering has ended. This is reflected in two papers to be presented to the annual IMF research conference this week by William English and David Wilcox, who have been described as two of the most important macro-economists working for the FOMC at present. At the very least, these papers warn us what the FOMC will be hearing from their staff economists in forthcoming meetings.

The English paper extends the conclusions of Janet Yellen's "optimal control speeches" in 2012, which argued for pre-committing to keep short rates "lower-for-longer" than standard monetary rules would imply. The Wilcox paper dives into the murky waters of "endogenous supply", whereby the Fed needs to act aggressively to prevent temporary damage to US supply potential from becoming permanent. The overall message implicitly seems to accept that tapering will happen broadly on schedule, but this is offset by super-dovishness on the forward path for short rates.

The papers are long and complex, and deserve to be read in full by anyone seriously interested in the Fed's thought processes. They are, of course, full of caveats and they acknowledge that huge uncertainties are involved. But they seem to point to three main conclusions that are very important for investors.

1. They have moved on from the tapering decision.

Both papers give a few nods in the direction of the tapering debate, but they are written with the unspoken assumption that the expansion of the balance sheet is no longer the main issue. I think we can conclude from this that they believe with a fairly high degree of certainty that the start and end dates for tapering will not be altered by more than a few months either way, and that the end point for the total size of the balance sheet is therefore also known fairly accurately. From now on, the key decision from their point of view is how long to delay the initial hike in short rates, and exactly how the central bank should pre-commit on this question. By omission, the details of tapering are revealed to be secondary.

Yellen said as much in her testimony. In response to a question about QE, she said, "I would agree that this program [QE] cannot continue forever, that there are costs and risks associated with the program."
The Fed have painted themselves into a corner of their own creation. They are clearly very concerned about the stock market reaction even to the mere announcement of the onset of tapering. But they also know they cannot continue buying $85 billion of assets every month. Their balance sheet is already at $4 trillion and at the current pace will expand by $1 trillion a year. Although I can find no research that establishes a theoretical limit, I do believe the Fed does not want to find that limit by running into a wall. Further, it now appears that they recognize that QE is of limited effectiveness with market valuations where they are, and so for practical purposes they need to begin to withdraw QE.

But rather than let the market deal with the prospect of an end to an easy monetary policy (which everyone recognizes has to draw to an end at some point), they are now looking at ways to maintain the illusion of the power of the Federal Reserve. And they are right to be concerned about the market reaction, as was pointed out in a recent note from Ray Dalio and Bridgewater, as analyzed by Zero Hedge:

"The Fed's real dilemma is that its policy is creating a financial market bubble  that is large relative to the pickup in the economy that it is producing," Bridgewater notes, as the relationship between US equity markets and the Fed's balance sheet (here and here for example) and "disconcerting disconnects" (here and here) indicate how the Fed is "trapped." However, as the incoming Yellen faces up to her "tough" decisions to taper or not, Ray Dalio's team is concerned about something else – "We're not worried about whether the Fed is going to hit or release the gas pedal, we're worried about whether there's much gas left in the tank and what will happen if there isn't."

Dalio then outlines their dilemma neatly. "…The dilemma the Fed faces now is that the tools currently at its disposal are pretty much used up, in that interest rates are at zero and US asset prices have been driven up to levels that imply very low levels of returns relative to the risk, so there is very little ability to stimulate from here if needed. So the Fed will either need to accept that outcome, or come up with new ideas to stimulate conditions."

The new ideas that Bridgewater and everyone else are looking for are in the papers we are examining. Returning to Davies work (emphasis below is mine!):

2. They think that "optimal" monetary policy is very dovish indeed on the path for rates.

Both papers conduct optimal control exercises of the Yellen-type. These involve using macro-economic models to derive the path for forward short rates that optimise the behaviour of inflation and unemployment in coming years. The message is familiar: the Fed should pre-commit today to keep short rates at zero for a much longer period than would be implied by normal Taylor Rules, even though inflation would temporarily exceed 2 per cent, and unemployment would drop below the structural rate. This induces the economy to recover more quickly now, since real expected short rates are reduced.

Compared to previously published simulations, the new ones in the English paper are even more dovish. They imply that the first hike in short rates should be in 2017, a year later than before. More interestingly, they experiment with various thresholds that could be used to persuade the markets that the Fed really, really will keep short rates at zero, even if the economy recovers and inflation exceeds target. They conclude that the best way of doing this may be to set an unemployment threshold at 5.5 per cent, which is 1 per cent lower than the threshold currently in place, since this would produce the best mix of inflation and unemployment in the next few years. Such a low unemployment threshold has not been contemplated in the market up to now.

3. They think aggressively easy monetary policy is needed to prevent permanent supply side deterioration.

This theme has been mentioned briefly in previous Bernanke speeches, but the Wilcox paper elevates it to center stage. The paper concludes that the level of potential output has been reduced by about 7 per cent in recent years, largely because the rate of productivity growth has fallen sharply. In normal circumstances, this would carry a hawkish message for monetary policy, because it significantly reduces the amount of spare capacity available in the economy in the near term.

However, the key is that Wilcox thinks that much of the loss in productive potential has been caused by (or is "endogenous to") the weakness in demand. For example, the paper says that the low levels of capital investment would be reversed if demand were to recover more rapidly, as would part of the decline in the labour participation rate. In a reversal of Say's Law, and also a reversal of most US macro-economic thinking since Friedman, demand creates its own supply.

This concept is key to understanding current economic thinking. The belief is that it is demand that is the issue and that lower rates will stimulate increased demand (consumption), presumably by making loans cheaper for businesses and consumers. More leverage is needed! But current policy apparently fails to grasp that the problem is not the lack of consumption: it is the lack of income. Income is produced by productivity. When leverage increases productivity, that is good; but when it is used simply to purchase goods for current consumption, it merely brings future consumption forward. Debt incurred and spent today is future consumption denied. Back to Davies:

This new belief in endogenous supply clearly reinforces the "lower for longer" case on short rates, since aggressively easy monetary policy would be more likely to lead to permanent gains in real output, with only temporary costs in higher inflation. Whether or not any of this analysis turns out to be justified in the long run, it is surely important that it is now being argued so strongly in an important piece of Fed research. 

            Read that last sentence again. It makes no difference whether you and I might disagree with their analysis. They are at the helm, and unless something truly unexpected happens, we are going to get Fed assurances of low interest rates for a very long time. Davies concludes:

The implication of these papers is that these Fed economists have largely accepted in their own minds that tapering will take place sometime fairly soon, but that they simultaneously believe that rates should be held at zero until (say) 2017. They will clearly have a problem in convincing markets of this. After the events of the summer, bond traders have drawn the conclusion that tapering is a robust signal that higher interest rates are on the way. The FOMC will need to work very hard indeed to convince the markets, through its new thresholds and public pronouncements, that tapering and forward short rates really do need to be divorced this time. It could be a long struggle.

On a side note, we are beginning to see calls from certain circles to think about also reducing the rate the Fed pays on the reserves held at the Fed from the current 25 basis points as a way to encourage banks to put that money to work, although where exactly they put it to work is not part of the concern. Just do something with it. That is a development we will need to watch.

The Unintended Consequences of ZIRP

Off the top of my head I can come up with four ways that the proposed extension of ZIRP can have consequences other than those outlined in the papers. We will look briefly at each of them, although they each deserve their own letter.

To continue reading this article from Thoughts from the Frontline – a free weekly publication by John Mauldin, renowned financial expert, best-selling author, and Chairman of Mauldin Economics – Please Click Here.

Here's our up coming FREE trading webinar schedule....don't miss out!

Option Probabilities Spell Possible Trouble for Treasury’s

Our trading partner J.W. Jones is coming at us today with a great post on where he sees the Treasury ETF TLT headed. Great guidance for where the market at large just might be headed.....

The incredible rally in equities in 2013 has begun to stir concern among many that the stock market is now in a bubble. We have entered the euphoric stage of this bull market and equity prices cannot and will not go lower according to some talking heads in the financial punditry.

While chatter is starting to heat up that equities are in a bubble, the real bubble seems to be ignored for the most part. The larger, more concerning bubble is in the Treasury marketplace where the Federal Reserve continues to print money to purchase treasury bonds to help keep interest rates artificially low.

Instead of debating the bubbles in Treasury’s versus equities, or trying to predict when the bubble in either asset class may pop, I want to focus on the near term for price action expectations in longer dated Treasury bonds.

Here is a weekly chart of the Treasury ETF TLT which is supposed to reflect the price action and yield generation of a portfolio of 20+ year duration Treasury bonds issued by the U.S. federal government.....Read "Option Probabilities Spell Possible Trouble for Treasury’s" 



"Wall Streets Best Kept Secret....Now you are in the loop"

 

Don't Get Left Behind....PowerStocks is LIVE!

Our trading partner and legendary trading mentor Todd Mitchell just reopened his PowerStock 2.0 Mentoring Program for the last time this year. He’s doing things with stock trading that most people have never even heard of.

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See you in the markets,
The Forex Market Club

P.S. Let me tell you, if you’re struggling, or not making the amount of money you think you should be, there’s nothing better than to be mentored by someone who really knows what they’re talking about. And best of all, he’s making himself personally available to you, and you get his unprecedented 1-Year, 100% Money Back Performance Guarantee.

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The Forex Market Club

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Why has it been hard to make money as a trader?

When you look forward to the next 12 months, do you want your trading results to be different than they are now? In fact, most traders today are feeling frustrated and disappointed with their trading performance.

But truthfully, it’s not your fault…

You see, most of the popular trading strategies of the 80s and 90s are not working today. In fact, they stopped working in the year 2000.

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The Best eMini Short Cut EVER!

Here's the real reason why E-Minis are the secret money making weapon behind the greatest names in trading.

Let’s be honest, a lot of  the “free” trading videos are a complete waste of time, with presenters blowing a bunch of hot air. Right?

A few folks offer some interesting info but most leave out all the good stuff.

Then there is my good friend and trading partner Todd Mitchell who put together this great video.
In his latest video Todd makes his theory on the eMinis unfair advantage perfectly clear.

1,000's of traders will see the video this morning with many people claiming his free material that is worth much more than other courses they’ve paid for.

That’s why I insist you watch this.

Great content. Simple strategies. Very interesting approach.

Watch "Todd's Emini Success Formula" 

Please feel free to leave a comment and let us know what you think about the video

Market Makers.....Can you be on the same side of the trade?

Tonight, Tuesday August 20th, our trading partner John Carter of Simpler Options is going to teach you more in one hour, for NO COST, then you could learn in 3 months. John is going to show us in detail how he uses a weekly options trading method that puts you on the same side of a trade as the market makers. A good place to be.

As of this morning over 10,000 traders have registered and John does limit seating so sign up right away.

Just Click here to Register Now

Here's what he'll be covering...

- How to be on the same side as the Market Maker
- How to protect yourself in a trade
- How to pick the right stock at the right time
- What Wall Street doesn't want you to know about weekly options
- The one simple trick to put the odds in your favor

And much more......

This timely webinar will take place on Tuesday, August 20th at 8:00PM Eastern Time.

Click here to register

After you register you will receive reminder emails automatically so you don't miss the webinar. I don't know if they'll be recording this, or if he'll ever share this information again, so don't miss out.

We'll see you in this free training class, then we'll see you in the markets. Will you be trading with us....or against us?

The Forex Market Club

Market Makers.....Can you be on the same side of the trade?

FMC Market Summary for Tuesday August 20th

The September Dollar closed lower on Tuesday as it extends the decline off July's high. The low range close sets the stage for a steady to lower opening when Wednesday's night session begins trading. Stochastics and the RSI are diverging and have turned bearish signaling that sideways to lower prices are possible near term. If September extends the decline off July's high, June's low crossing at 80.61 is the next downside target. Closes above last Thursday's high crossing at 81.99 are needed to confirm that a short term low has been posted. First resistance is last Thursday's high crossing at 81.99. Second resistance is August's high crossing at 82.61. First support is today's low crossing at 80.77. Second support is June's low crossing at 80.61.

The September Euro closed higher on Tuesday as it extends the rally off July's low. The high range close sets the stage for a steady to higher opening when Wednesday's night session begins trading. Stochastics and the RSI are diverging but have turned bullish signaling that sideways to higher prices are possible near term. If September renews the rally off July's low, the 75% retracement level of the February-July decline crossing at 134.65 is the next upside target. Closes below the 20 day moving average crossing at 133.01 are needed to confirm that a short term top has been posted. First resistance is the 75% retracement level of the February-July decline crossing at 134.65. Second resistance is the 87% retracement level of the February-July decline crossing at 135.84. First support is the 20 day moving average crossing at 133.01. Second support is the reaction low crossing at 131.87.

The September British Pound closed higher on Tuesday as it extended the rally off July's low. The high range close sets the stage for a steady to higher opening when Wednesday's night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near term. If September extends the rally off July's low, June's high crossing at 1.5743 is the next upside target. Closes below the 20 day moving average crossing at 1.5425 would confirm that a short term top has been posted. First resistance is today's high crossing at 1.5695. Second resistance is June's high crossing at 1.5743. First support is the 20 day moving average crossing at 1.5425. Second resistance is the reaction low crossing at 1.5200.

The September Swiss Franc closed higher on Tuesday as it extended the rally off July's low. The high-range close sets the stage for a steady to higher opening when Wednesday's night session begins trading. Stochastics and the RSI have turned bullish signaling that sideways to higher prices are possible near term. If September extends the rally off July's low, June's high crossing at .10962 is the next upside target. Closes below last Thursday's low crossing at .10644 would confirm that a short term top has been posted. First resistance is today's high crossing at .10936. Second resistance is June's high crossing at .10962. First support is last Thursday's low crossing at .10644. Second support is the reaction low crossing at .10555.

The September Canadian Dollar closed lower on Tuesday. The low range close sets the stage for a steady to lower opening when Wednesday's night session begins trading. Stochastics and the RSI are neutral to bearish signaling that sideways to lower prices are possible near term. Closes below the reaction low crossing at 95.64 are needed to confirm that a short term top has been posted. If September renews the rally off August's low, July's high crossing at 97.49 is the next upside target. First resistance is July's high crossing at 97.49. Second resistance is the 75% retracement level of the May-July decline crossing at 98.17. First support is the reaction low crossing at 95.64. Second support is the reaction low crossing at 95.52.

The September Japanese Yen closed higher on Tuesday. The high range close sets the stage for a steady to higher opening when Wednesday's night session begins trading. Stochastics and the RSI are neutral to bearish signaling that a short term top might be in or is near. Closes below the 20 day moving average crossing at .10217 would confirm that a short term top has been posted. If September renews the rally off July's low, June's high crossing at .10669 is the next upside target. First resistance is the reaction high crossing at .10440. Second resistance is June's high crossing at .10669. First support is the 20 day moving average crossing at .10217. Second support is the reaction low crossing at .10002.

"How to Beat the Market Makers" >....with options guru John Carter. Only a few hours left to sign up, do it now!

How to Beat the Market Makers....Free Webinar with John Carter

John Carter of Simpler Options is going to teach you more in this one hour webinar, than you could learn in 3 months. And he's doing it just for you....our readers. Register here asap since John does limit seating.

Here's what he'll be covering...

*     How to be on the same side as the Market Maker
*     How to protect yourself in a trade
*     How to pick the right stock at the right time
*    What Wall Street doesn't want you to know about weekly options
*    The one simple trick to put the odds in your favor

And much more

This timely webinar will take place online but seating is limited due to the high demand.

Click Here to Register

After you register you will receive reminder emails automatically so you don't miss the webinar. I don't know if they'll be recording this, or if he'll ever share this information again, so don't miss out.

See you in this free training class.

Then we'll see you in the markets, as we put John's methods to work,

Ray @ The Forex Market Club


Be on right side of this market, protect yourself, BE HERE

FMC Extreme Currency Market Summary for Week Ending August 16th

The September Dollar closed higher on Friday leaving yesterday's key reversal down unconfirmed. The high range close sets the stage for a steady to higher opening when Monday's night session begins trading. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near term. Closes above the 20 day moving average crossing at 81.74 are needed to confirm that a short term low has been posted. If September renews the decline off July's high, June's low crossing at 80.61 is the next downside target. First resistance is the 20 day moving average crossing at 81.74. Second resistance is August's high crossing at 82.61. First support is last Thursday's low crossing at 80.89. Second support is June's low crossing at 80.61.

The September Euro closed lower on Friday. The low range close sets the stage for a steady to lower opening when Monday's night session begins trading. Stochastics and the RSI are neutral to bearish signaling that a short term top might be in or is near. Closes below the 20 day moving average crossing at 132.64 are needed to confirm that a short term top has been posted. If September renews the rally off July's low, June's high crossing at 134.24 is the next upside target. First resistance is last Thursday's high crossing at 134.02. Second resistance is June's high crossing at 134.24. First support is the 20 day moving average crossing at 132.64. Second support is the reaction low crossing at 131.87.

The September British Pound closed lower due to profit taking on Friday as it consolidated some of the rally off July's low. The mid range close sets the stage for a steady opening when Monday's night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near term. If September extends the rally off last Friday's low, June's high crossing at 1.5743 is the next upside target. Closes below the 20 day moving average crossing at 1.5396 would confirm that a short term top has been posted. First resistance is today's high crossing at 1.5655. Second resistance is June's high crossing at 1.5743. First support is the 20 day moving average crossing at 1.5396. Second resistance is last Wednesday's low crossing at 1.5200.

The September Swiss Franc closed lower on Friday as it consolidated some of Thursday's rally. The low range close sets the stage for a steady to lower opening when Monday's night session begins trading. Stochastics and the RSI are neutral to bearish signaling that additional weakness is still possible near term. If September extends Thursday's rally, June's high crossing at .10962 is the next upside target. If September renews the decline off last week's high, the reaction low crossing at .10653 is the next downside target. First resistance is August's high crossing at .10904. Second resistance is June's high crossing at .10962. First support is Thursday's low crossing at .10644. Second support is the reaction low crossing at .10555.

The September Canadian Dollar closed lower on Friday. The mid range close sets the stage for a steady opening when Monday's night session begins trading. Stochastics and the RSI are turning neutral to bearish signaling that sideways to lower prices are possible near term. Closes below last Wednesday's low crossing at 95.64 are needed to confirm that a short term top has been posted. If September renews the rally off last week's low, July's high crossing at 97.49 is the next upside target. First resistance is July's high crossing at 97.49. Second resistance is the 75% retracement level of the May-July decline crossing at 98.17. First support is last Wednesday's low crossing at 95.64. Second support is the reaction low crossing at 95.52.

The September Japanese Yen closed lower on Friday. The low range close sets the stage for a steady to lower opening when Monday's night session begins trading. Stochastics and the RSI are bearish signaling that a short term top might be in or is near. Closes below the 20 day moving average crossing at .10196 would confirm that a short term top has been posted. If September renews the rally off July's low, June's high crossing at .10669 is the next upside target. First resistance is last Thursday's high crossing at .10440. Second resistance is June's high crossing at .10669. First support is the 20 day moving average crossing at .10196. Second support is the reaction low crossing at .10002.

What size account for do you need to trade weekly options?

2013 will be remembered as the year the retail investor was introduced to the world of trading options. And our readers have been lucky enough to follow our trading partner John Carter of Simpler Options as he teaches us how to successfully trade options using his "unique weekly model".

A couple of times a year John is willing to produce a new video and bring us his latest take on trading options including showing us his recent trades from his personal account. What do you need to do to understand this system?

Just click here to watch his new video!

Here's what you'll be learning......

    *   How he has made $650,000 this year beating the market makers at their own game

    *   The Dirty Little Secret of Weekly Options

   *   Why weekly options are his favorite way to trade options

    *   The account size you need to trade weekly options....[Here's a hint...any size]

    *   Your goal as an options trader

    *   And so much more...

Watch the video and please feel free to leave a comment and tell us what you think about the video and what you think about using his weekly options trading model.

The Forex Market Club


Watch "What Wall Street Doesn't Want You to Know about Trading Options"

FMC Extreme Currency Market Summary for Thursday July 18th

The September Dollar closed higher due to short covering on Thursday as it consolidates some of Tuesday's decline. The mid range close sets the stage for a steady opening when Friday's night session begins trading. Stochastics and the RSI are oversold but remain bearish signaling that sideways to lower prices are possible near term. If September extends this month's decline, the 62% retracement level of the June-July rally crossing at 82.27 is the next downside target. Closes above the 10 day moving average crossing at 83.57 would confirm that a short term low has been posted. First resistance is the 10 day moving average crossing at 83.57. Second resistance is July's high crossing at 84.96. First support is Wednesday's low crossing at 82.47. Second support is the 62% retracement level of the June-July rally crossing at 82.27.

The September Euro closed slightly lower on Thursday as it consolidates some of Tuesday's rally. The high range close sets the stage for a steady to higher opening when Friday's night session begins trading. Stochastics and the RSI remain bullish signaling that sideways to higher prices are possible near term. If September extends the rally off July's low, June's high crossing at 134.24 is the next upside target. Closes below the 10 day moving average crossing at 130.00 would confirm that a short term top has been posted. First resistance is last Thursday's high crossing at 132.12. Second resistance is June's high crossing at 134.24. First support is the 10 day moving average crossing at 130.00. Second support is July's low crossing at 127.55.

The September British Pound closed higher on Thursday as it extended yesterday's breakout above the 20-day moving average confirming that a short term low has been posted. The high-range close sets the stage for a steady to higher opening when Friday's night session begins trading. Stochastics and the RSI remain bullish signaling that sideways to higher prices are possible near term. If September extends the rally off July's low, the reaction high crossing at 1.5298 is the next upside target. Closes below the 10 day moving average crossing at 1.5054 would confirm that a short term top has been posted. First resistance is the reaction high crossing at 1.5298. Second resistance is the reaction high crossing at 1.5523. First support is the 10-day moving average crossing at 1.5054. Second support is July's low crossing at 1.4806.

The September Swiss Franc closed lower due to profit taking on Thursday but remain above the 20 day moving average crossing at .10568. The low range close sets the stage for a steady to lower opening when Friday's night session begins trading. Stochastics and the RSI remain bullish signaling that sideways to higher prices are possible near term. If September extends the rally off last week's low, the reaction high crossing at .10829 is the next upside target. Closes below the 10 day moving average crossing at .10497 would temper the near term friendly outlook. First resistance is Wednesday's high crossing at .10693. Second resistance is the reaction high crossing at .10829. First support is last Thursday's gap crossing at .10446. Second support is the 87% retracement level of the May-June rally crossing at .10284.

The September Canadian Dollar closed higher on Thursday as it extends this week's trading range above the 20 day moving average. The high range close sets the stage for a steady to higher opening when Friday's night session begins trading. Stochastics and the RSI remain neutral to bullish signaling that sideways to higher prices are possible near term. If September renews the rally off last week's low, June's high crossing at 98.46 is the next upside target. Closes below the 20-day moving average crossing at 95.33 would confirm that a short term top has been posted. First resistance is last Thursday's high crossing at 96.69. Second resistance is June's high crossing at 98.46. First support is the 20 day moving average crossing at 95.33. Second support is July's low crossing at 94.09.

The September Japanese Yen closed lower on Thursday and below the reaction low crossing at .9949. The low range close sets the stage for a steady to lower opening when Friday's night session begins trading. Stochastics and the RSI are neutral signaling that sideways to lower prices are possible near term. If September renews the decline off June's high, July's low crossing at .9852 is the next downside target. Closes above the reaction high crossing at .10184 are needed to confirm that a low has been posted. First resistance is the reaction high crossing at .10184. Second resistance is the reaction high crossing at .10318. First support is July's low crossing at .9852. Second support is the reaction low crossing at .9757.

Free Webinar: How to Use Fibonacci Analysis in Your Trading Wednesday, July 17th at 8:00PM est

For years Carolyn Boroden has been using Fibonacci based market geometry and symmetry that provides the edge needed to succeed in choosing your entry and exits points for your biggest trades. And you can easily use these methods whether you are trading Forex, currencies, ETFs or commodities.

In this Free webinar Carolyn "The Fibonacci Queen" Boroden and "Simpler Options" John Carter will show us......

*     How to identify Fibonacci support & resistance zones

*    The simple way to manage your risk/reward using Fibonacci ratios

*    The brain dead easy ways to set up your support & resistance zones

*     How you can identify what markets to trade and when

*    The secret to identifying high probability targets in stocks and ETFs .... and much more

Simply click here and fill out your email address, click submit and you will be automatically registered for the webinar.

Watch "How to Use Fibonacci Analysis in Your Trading"

See you on Wednesday,
Ray @ The Forex Market Club

New video: Carolyn Borodens "Secrets to Maximizng your Profits and Minimizing your Risk"

In today's new video from John Carter he shows us how the strategies taught to him by our very own Carolyn "The Fibonacci Queen" Boroden helped him make 93k because Carolyn made it clear how to use her secrets to know when to exit these big trades.

You may recognize Carolyn from CNBC, but she's trading with us now. If you have been following the Forex Market Club then you know John Carter has made us a lot of money in 2013. Bringing in HIS instructor, one of the real "hot hands" on Wall Street, is going to take all of us to another level whether you are trading commodities, equities, currencies or options.

Click Here to Watch Video

Here's what John will be covering in this video. You'll learn......

• How to Know When to Enter a Trade

• How to Know When to Take Profits

• How to Find Key Levels to Take High Probability Trades

• How to Time Your Trade for Maximum Profit

• How to Minimize Your Risk

Just click Here to Watch Carolyn Bordens "Secrets to Maximizng your Profits and Minimizing your Risk"

FMC Extreme Currency Markets Summary for Tuesday July 9th, 2013

Don't forget to sign up for this Thursdays “Trend Jumper” webinars

The September Euro currency closed down 90 points at 1.2788 today. Prices closed nearer the session low today, scored a bearish “outside day” down on the daily bar chart and hit a fresh three month low. Bears still have the solid overall near term technical advantage.

The September Japanese yen closed down 9 points at .9898 today. Prices closed near mid-range in quieter trading. The bears still have the overall near term technical advantage. Prices are in a three week old downtrend on the daily bar chart.

The September Swiss franc closed down 103 points at 1.0282 today. Prices closed nearer the session low today and hit a fresh five week low. The bears have the solid near term technical advantage. Prices are in a steep four week old downtrend on the daily bar chart.

The September Canadian dollar closed up 24 points at .9480 today. Prices closed nearer the session high today on more tepid short covering in a bear market. Prices last Friday hit a contract low. Bears have the solid near term technical advantage.

The September British pound closed down 85 points at 1.4857 today. Prices closed nearer the session low and hit a fresh contract low today. Bears have the solid near term technical advantage. Prices are in a steep four week old downtrend on the daily bar chart.

The September U.S. dollar index closed up .421 at 84.835 today. Prices closed nearer the session high today and hit another fresh three year high. The bulls have the solid near term technical advantage. Safe haven demand due to the crisis in Egypt and stronger U.S. economic data are supporting the greenback.

 Don't forget to sign up for this Thursdays “Trend Jumper” webinars

FMC Extreme Currency Markets Summary for Monday July 8th, 2013

 Don't forget to sign up for this Thursdays “Trend Jumper” webinars

The September Dollar posted an inside day with a lower close on Monday due to profit taking as it consolidated some of the rally off June's low. The low range close sets the stage for a steady to lower opening when Tuesday's night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near term. If September extends the rally off June's low, monthly resistance marked by the June 2010 high crossing at 89.10 is the next upside target. Closes below the 20 day moving average crossing at 82.52 would confirm that a short term top has been posted. First resistance is Friday's high crossing at 84.93. Second resistance is monthly resistance crossing at 89.10. First support is the 10 day moving average crossing at 83.55. Second support is the 20-day moving average crossing at 82.52.

The September Euro closed higher due to short covering on Monday as it consolidated some of the decline off June's high. The high range close sets the stage for a steady to higher opening when Tuesday's night session begins trading. Stochastics and the RSI are oversold but remain neutral to bearish signaling that sideways to lower prices are possible near term. If September extends the aforementioned decline, May's low crossing at 128.10 is the next downside target. Closes above the 20 day moving average crossing at 131.54 are needed to confirm that a short term low has been posted. First resistance is the 10 day moving average crossing at 130.08. Second resistance is the 20 day moving average crossing at 131.54. First support is last Friday's low crossing at 128.08. Second support is May's low crossing at 128.10.

The September British Pound closed higher on Monday as it consolidated some of last Friday's decline. The high range close sets the stage for a steady to higher opening when Tuesday's night session begins trading. Stochastics and the RSI are oversold but remain neutral to bearish signaling that sideways to lower prices are possible near term. If September extends the decline off June's high, May's low crossing at 1.4999 is the next downside target. Closes above the 20 day moving average crossing at 1.5400 would confirm that a short term low has been posted. First resistance is the 10 day moving average crossing at 1.5206. Second resistance is the 20 day moving average crossing at 1.5400. First support is last Friday's low crossing at 1.4845. Second support is May's low crossing at 1.4999.

The September Swiss Franc closed higher due to short covering on Monday as it consolidated some of the decline off June's high. The high range close sets the stage for a steady to higher opening when Tuesday's night session begins trading. Stochastics and the RSI are oversold but remain neutral to bearish signaling that sideways to lower prices are possible near term. If September extends the decline off June's high, the 75% retracement level of the May-June rally crossing at .10284 is the next downside target. Closes above the 20 day moving average crossing at .10687 would confirm that a short term low has been posted. First resistance is the 10 day moving average crossing at .10565. Second resistance is the 20 day moving average crossing at .10687. First support is the 75% retracement level of the May-June rally crossing at .10381. Second support is the 87% retracement level of the May-June rally crossing at .10284.

The September Canadian Dollar closed higher due to short covering on Monday. The high-range close sets the stage for a steady to higher opening when Tuesday's night session begins trading. Stochastics and the RSI are oversold but remain neutral to bearish signaling that sideways to lower prices are possible near term. If September extends this year's decline, weekly support crossing at 93.67 is the next downside target. Closes above the 20 day moving average crossing at 96.13 would confirm that a short term low has been posted. First resistance is the reaction high crossing at 95.74. Second resistance is the 20 day moving average crossing at 96.13. First support is last Friday's low crossing at 94.09. Second support is weekly support crossing at 93.67.

The September Japanese Yen closed slightly higher on Monday as it consolidated some of the decline off June's high. The high-range close sets the stage for a steady to higher opening when Tuesday's night session begins trading. Stochastics and the RSI are oversold but remain neutral to bearish signaling that sideways to lower prices are possible near term. If September extends the decline off June's high, the reaction low crossing at .9757 is the next downside target. Closes above the 20 day moving average crossing at .10240 are needed to confirm that a low has been posted. First resistance is the 10 day moving average crossing at .10071. Second resistance is the 20 day moving average crossing at .10240. First support is today's low crossing at .9852. Second support is the reaction low crossing at .9757.

Sign up is open for this Thursdays “Trend Jumper” webinars

Yes, the world's first "genetically modified" scalping system. And it's FREE

It seems that most traders have become terrified of scalping? The crazy spreads and crushing risk while you're superglued to your chair. But it doesn't have to be that way if done right. And it can be insanely lucrative.

Our friends at Premier Trader University have created this FREE system that's doing just that. This high frequency system is a "genetically modified" scalping method that cuts the risk while creating surprising results.

Believe it or not, it's an easy to learn strategy that's actually fun to trade. This system regularly sells for $997.00 to the public. In the last release in April traders gladly paid full retail price for this system.

But we convinced the PTU staff to provide this version to our readers at the Forex Market Club, the most useful indicators, without the triple digit price tag.

Right now, you're going to get the 2 most profitable "Trend Jumper" trade plans free for life. Seriously, free. No need to upgrade, no need to spend a nickel.

Click here to get your FREE indicators

Have a great holiday weekend,
We'll see you in the markets on Monday!

Ray @ Forex Market Club

Enroll now for our “Spread Trading Strategies for Growing a Small Account” class this Saturday

Can you get the same training hedge fund managers get for their traders? Now you can. Whether you are trading stocks, crude oil, commodities or currencies John Carter of "Simpler Options" has put together an easy to understand course that will show you how you can use the same trading methods he teaches fund managers and it can be done in any size account. No matter how big or small.

In this comprehensive class John will teach us.....

*     How to use spreads to create low-risk high-probability trades
*     Basic to advanced spread trading strategies
*     How to make money, even when you’re wrong
*     How to steadily & consistently grow your small account through spreads
*     How to trade spreads “end of day” so you don’t go bug eyed looking at charts all day

And much more...

This course is being recorded, and you will receive a link to view it and download it the same day, and a DVD of the course within 3-4 weeks.

Just Click Here to Enroll Today!

Watch this Video to Learn a Perfect Trade Setup for this Market's Sell Off

Check out the video below from MarketGauge to discover the most favorable time to enter a trade for ‘oversized’ gains.  There’s an easy pattern to identify, and it’s also easy to trade in all market conditions. Watch The Video Here You’ll see how to identify the best setups based on the current market conditions. These ‘low risk’, ‘high profit’ set ups are tested and proven and currently used by a successful hedge fund manager of 30 years! In the video you’ll discover:  ‘Easy’ to identify trade setups that get you in the trade early for maximum profit potential. The ‘best’ entry tactic that leads to taking profits the same day you enter a trade. A hedge fund manager’s ‘secret’ to buying retracements the day the uptrend explodes higher, putting you in position for ‘monster’ gains. A successful hedge fund manager’s favorite strategy for buying near the low of the day, which could lead to huge payouts later that day. And More! The video is not very long and worth every minute of your time.  See It Here  See you in the markets on Monday! Ray @ The Forex Market Club P.S. After you watch the video be sure to register for an upcoming training webinarand discover how to add quick cash pops to your portfolio on a daily basis.

Instant Options Income weekly trade report [VIDEO]

Did you get in on Bill Poulos's brand new "Instant Options Income" program yesterday? Hundreds of regular people hungry for weekly "instant income" already joined him when he opened up the gates.

The next Instant Options Income trade recommendations come out this Thursday in the form of a short video recording that spells out exactly what to do.

In fact, Bill just posted an actual weekly trade report that he recorded a few weeks ago so you can see exactly what you get.

See it here....watch Instant Options Income weekly trade report video

As you'll see, he made 2 recommendations that produced "instant income" and both ended up as net winners 7 days later. That's exactly the goal of Instant Options Income.

Good Trading,
Forex Market Club

P.S.  Rumor has it that Bill will be closing enrollment on Thursday (or sooner), so make sure you lock in your enrollment while there's still time.

Watch Bill's 2/2 Instant Options Income trades have won so far this week.

This Shocking Video Gives 5 Years of Proof

We just watched a video by a binary options trader named Jeff Anderson who's doing something we have never seen before.

He's not simply "claiming" to be an expert like most of the so called "gurus" out there he is actually showing real, undeniable proof. And not back tests or demo accounts, either.

These are LIVE updating real money accounts going back an incredible 5 years.

He's putting such massive proof on the line right from the start to make this clear this isn't the usual re-hashed "guru" system. And for a limited time he's also giving away a unique "indicator" preview of the Binary Turbo Software.

Watch this as soon as possible since it will not be available as soon as it goes online for paying students.

Every trader really must watch this Binary Turbo Software video.

See you in the markets,
Ray @ The Forex Market Club

John Carters "Small Account Growth Secrets" Webinar

Last week we showed you some live trades from our trading partner John Carter that proved....with the right mindset and a little training anyone can earn a regular income trading.

Whatever your account size, if you're focused on trading for income, then you need to attend one (if not both) of the webinars that John Carter is putting on Tuesday, June 11th at 8:00PM New York Time or Wednesday, June 12th at 1:00PM New York Time

You can reserve Your Seat HERE now as there is limited seating available.

Here's just a sample of what John is going to share.......

*   The difference between trading for income vs. growth

*   Why attempt to double your account "before" it goes to zero in 12 months or less

*   How to control risk while being an aggressive trader

*   What Stops to use and when

*   The mindset of an aggressive trader

Click Here to Register

We will be attending and hope to see you there!

Forex Market Club

John Carters "Small Account Growth Secrets" Webinar

Watch a "small account" Become an Internet Sensation

Whether you are trading Forex, gold, oil, stocks or currencies there is no shortage online of stories about legendary trades. What there is a shortage of is proof that the trades actually took place.

If you are a regular reader here at The Forex Market Club then you are probably familiar with our trading partner John Carter. John has recently made quite a name for himself as he began sharing his methods of trading that could be done with any size account.

John is shaking things up again with a new video that shows a recording of John trading LIVE with his REAL accounts on a day he made over $223,000 in one day.

The trades were.....

$97,000 on Apple, ticker AAPL
$93,000 on Google, ticker GOOG
$104,000 on Priceline, ticker PCLN

John will show you exactly how he traded the above trades, what he did right, what he did wrong, and what YOU can do to trade like this. And he points out what a 'small account' really is and how the overall goal is to not only make successful trades but to make a regular income source from your trades.

Watch the video here and please feel free to leave a comment and let us know what you think of John's new simple trading system.

See you in the markets,
Ray @ The Forex Market Club

View "Watch a small account Become an Internet Sensation" right now!

Are you a "Financial Prepper".....an elite group of traders is emerging

There are just three days left before the Battle Cry webinar replay is taken down. If you haven't seen it yet, I urge you to make every effort possible to watch the replay.

In a hurry? Watch the Battle Cry Webinar replay here

Quite honestly, I'm less concerned about you becoming a member of The Currency Investor's Club and more concerned that you get the information I shared on the webinar.

Sure, I think it's a mistake not to join. After all, members banked an easy 1426 pips in the first three months of 2013 simply by copying the trade recommendations I sent out each week.

The reality is, however, that your financial future is at risk. The odds of another financial crisis like 2008 remain high. Why You Must Be Prepared. It's vital that you have a plan in place to both grow your finances and protect what you currently have stashed away.

Consider what's happening at the municipal level.

When the federal government is forced to cut back on the aid it gives to state and local governments (as is already happening)... life could suddenly be quite different for a lot of folks.

Health clinics will be shut down because there's no money to run them. Convicted felons will be released because states can't afford to keep them behind bars. Even firefighters and police will be laid off.

In Oakland, CA for example, the public learned that the Chief of Police was forced to lay off his staff. As a result, they were told the police could no longer respond to certain types of crime calls including burglary, theft, passing fake checks, vandalism and a host of others. Can you even imagine?

The bottom line, if you're going to make money as a trader, now is the time to hitch your wagon to the right start. Regardless of what happens in the economy, you need a way to grow your wealth in the months ahead......A Simple Solution

This is where my Currency Investor’s Club comes in. It is the most fool proof way I know to help you steer clear of what could become a perfect storm of economic crisis.

All you have to do is copy the trades I send out every Sunday night and take your profits in just 30 minutes a week. It's simple, I’ve done virtually all the heavy lifting for you.

You’ll also get access to my Forex trading tutorials, investment strategies outside the currency markets, asset protection advice and a whole lot more. What's more, I've averaged an annual ROI of 85.7% for the last eight years and running.

As a member of The Currency Investor’s Club, you will be part of an elite group of traders and investors who are getting these kind or returns... even when the economic storms are raging.

Don't delay, Click Here to Watch Cecil's Battle Cry Webinar Replay

I promise that the information on this webinar is well worth the time it takes to listen in. Don't let a prosperous financial future slip away.

Everybody Wants U.S. Dollars!

For this past week, the U.S. Dollar has proven to be the currency of choice. Most other currencies lost ground in active trading. For the week, the Dollar gained 1.3% against the Euro, 1.3% against the Japanese Yen, and a whopping 2.8% against the Aussie Dollar. Adam Hewison our trading partner at INO.com tells us..... "I see these trends continuing and would not rule out setbacks, but the trend is clearly established in favor of the U.S. Dollar right now".

The June Dollar closed higher today and tested the 87% retracement level of the 2012-2013 decline crossing at 84.52.The high range close sets the stage for a steady to higher opening when Monday's night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near term.

If June extends this month's rally, the July 2012 high crossing at 85.29 is the next upside target. Closes below the 20 day moving average crossing at 82.81 would confirm that a short term top has been posted. First resistance is today's high crossing at 84.52. Second resistance is the July 2012 high crossing at 85.29. First support is the 10 day moving average crossing at 83.19. Second support is May's low crossing at 82.82.

Click here to check out Adam's free daily blog and videos

Free Analyst on Demand 7 Day Trial

How awesome would it be to be able to get real time feedback from a Forex analyst without paying through the nose for the privilege? In fact, what if it were totally free?

Think about it, how many trades have you considered taking but didn't because you had doubts, and they turned out to be great trades that you missed. Or you were tempted to avoid a trade, but jumped in anyway, and it turned out to be a bad trade that cost you a small fortune and maybe a sleepless night?

That's why you should jump on this special offer: FREE Analyst on Demand 7 Day Trial

Making the mistakes mentioned above is highly frustrating and costly. Having an expert to help you validate or confirm your decisions is extremely helpful, and right now, using the special link, you can get 7 days of free analyst access through Analyst on Demand, the most popular service of its kind.

As you know, there is no shortage of market and economic data, the challenge for new and experienced traders alike is making sense of that data, and that is what this expert community is all about.

If you're frustrated by information overload” then this is exactly what you need so click that link now to join the thousands of traders who have discovered how powerful and helpful analyst on demand is for them.

Best of all, you get a week of guidance at their expense - that's right, it won't cost you a dime, so register now for analyst on demand.

FREE Analyst on Demand 7 Day Trial

This special limited time offer will give you LIVE chat access to their analysts - no waiting, no delays, advice and guidance right when you need it. Hit the link, you'll be glad you did.

See you in the markets!
Ray @ The Forex Market Club


P.S.: Oh, and since this is a service being offered by MTI, you can count on getting world class service, professional, knowledgeable advice, and to be treated with respect and courtesy, so register for the free trial now because this is a very limited time offer.

Must see.....Watch this new "Day/Swing Trading Combo" video

Watch how this "Day/Swing Trading Combo" hits 142% in 1 month. Swing Trade profits are generally bigger and day trade profits tend to come more often. But, what if you could cash in on the best of both wouldn’t that be awesome?

This new video Combine Swing & Day Trading to Seek Higher Returns will show you 3 winning swing trade strategie 1 powerhouse day trade strategy and a single Forex trading account potential returns of 142% in less than 30 days. And you can do it all without lifting a finger.


Recorded in response to a flood of questions, this fourth video isn’t part of the original 3 part training series. It’s a last minute afterthought and a darn good one too! From the training series you learned how Your Legacy of Wealth deftly integrates 3 swing trade systems, each targeting a different set of market conditions to produce 226% return before compounding.

And the bonus video, “PowerTrip’s Secret to Winning 9-out-of-10 Trades”, showed you how Your Legacy of Wealth can sometimes cash in on super-fast day-trade profits too. But, the idea of doing both at the same time in the same trading account raised a lot of questions.

So Ellie recorded this fourth video that lays it all out for you. Short and sweet, this video really packs a punch, exactly what we’ve come to expect from Your Legacy of Wealth training series.

Click Here and watch it now.

See you in the markets,
Ray @ The Forex Market Club


P.S.   Ellie also reveals a crazy notion to give Your Legacy of Wealth away for cheaper than a daily cup of coffee. And she’s taking a poll to find out how many people would be interested. So please, watch the video and cast your vote Click Here

 

This crazy robot has been “stealing” profits for years!

Who would want to earn more than humanly possible? How a computer controls your trading success.

In a profit-seeking battle of man vs. machine, who’d you bet on to win? Whether you trade stocks, options, or currencies… before you answer, watch this brief video. I promise, it’s a real eye opener you don’t want to miss.....



I’m sure you know that for the past decade global tycoons have controlled the market with computerized trading. And I think we all agree it’s about time someone leveled the playing field…Isn’t that right?
So, I encourage you to take just a few minutes now and watch this video… Click Here
 
Learn how a computer systems analyst, who became confidant to top analysts in every arena, may forever change the way you trade.   

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