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.

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The Key to Success is Having Discipline and Following MarketClub’s Trade Triangles

We have been on the right side of the markets for quite some time now.  It is in times like these when technical analysis really shines.  It doesn’t matter if you have a strong upward trend in gold or a downward spiraling trend in stocks, technical analysis works.

We feel we have a target rich area for trading opportunities right now.  Some of the best money can be made during periods just like this.  A key to being successful in markets that are having large moves is to be disciplined and follow MarketClub’s Trade Triangles.

DOLLAR INDEX

Monthly Trade Triangles for Long Term Trends                = Positive
Weekly Trade Triangles for Intermediate Term Trends    = Negative
Daily Trade Triangles for Short Term Trends                     = Negative
Combined Strength of Trend Score                                    = – 60

Our comments today remain pretty much the same as they were yesterday, as there has been very little directional change in this market.  The 73.50 level continues to act as support for the dollar index. This market has remained in a fairly well defined trading range for the last several months. With a Chart Analysis Score of -60 we would want to approach this market using our Donchian Trading Channels as well as our Williams %R indicator.  The index remains below its 200 day moving average, while our longer-term Trade Triangle remains positive.

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As always, we rely on our market proven Trade Triangle technology for catching the big moves.

Forget About the Dollar; There are Other Ways to Make Money in the Forex Market

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 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.

In fact, using this easy to understand approach, you would have made just seven trades in approximately 12 months. As you can see, this is not a hyperactive approach. However, it will put the odds of making money on your side if you stick to the game plan. As in all trading, having a game plan in foreign exchange is extremely important.

If after watching this video you would like to know more about our trading system and the indicators we use just take us up on our FREE two week trial of MarketClub.

We hope you find this video informative and educational. As always our videos are free to watch and there are no registration requirements. All we ask is that you let us know what you think by leaving a comment, talk about us on your blog, Tweet to a friend or share us on Facebook.


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Protect Your Nest Egg, Bulletproof Your Retirement Account

If you are looking to retire in the next 10, 15, or even 20 years, it's time to have a strategy in place before it's too late. Now is the time to plan and protect your family's future by turning your portfolio into the financial fortress that you're counting on in the years to come.

In today's short video, we share with you a way to bulletproof your retirement portfolio.

You may remember when we launched the "Perfect Portfolio" some months ago. This portfolio was very popular, but many of you told me that it would not work within your retirement accounts. With this in mind, I specifically designed the "Perfect 'R' Portfolio" to work with your 401(k) or IRA account.

The "Perfect 'R' Portfolio" uses an easy to follow MarketClub strategy that I developed using my many years of investing experience as a former floor trader and member of four major exchanges.
For most investors, this report will come as a real wake-up call. For your own sake, I hope that you are one of them.

In this report, I share with you all the rules and results which explain how the "Perfect 'R' Portfolio" was created, how it actually works, and how it can work for you. As a bonus, I have included a special certificate that will give you instant access to MarketClub for the next
30 days.

With complete access to MarketClub and my foolproof strategy, you can see and verify for yourself that everything in the report is 100% accurate. Download this report today and see how you can easily use this information to bulletproof your retirement account ... no matter what
happens to the economy.

Want to trade like Adam? Click here for FREE lessons.

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Just Announced Special Trial Member Webinar, Adam Hewison Answers Trial Members Questions LIVE

A few days ago we told you about the special MarketClub Trial that's running, and today we called my inside contact and told him to give MORE to my members who
are on the MarketClub Trial...here's his response:

" I've gotten your voice mails and emails and I was able to talk Adam into doing a TRIAL MEMBERS ONLY webinar where he'll answer questions, and show them exactly how
he uses MarketClub to find and tradeprofitable moves!


P.S. We're closing down the 2 week trial on the 9th as we've gotten a lot more people then expected." If you haven't started your trial yet, please do so ASAP, as I know the webinar software they use can only support 1k people at a time...so don't miss it!

The date of the special webinar hasn't been released to the public yet, as it's just for trial members but we know it's got to be pretty soon and we don't want you to miss the chance to talk directly with Adam!

Just click here to get your trial going now, for no cost, and be sure and attend the webinar...I will!


Just Announced Special Trial Member Webinar, Adam Hewison Answers Trial Members Questions LIVE


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