Saturday, July 25, 2009

The Forex is in 23 Winning Trades and 1 Losing trade.


I have not said much about the Forex lately, so I thought I would give you my take on why we have so many winning trades.
The dollar has made a move up the last few weeks and it shows on our Dollar Market trend calendars. The first sign was on the 23rd of July, when we got our first bright green day. It was then confirmed on the 1st of August with the Long Term Market Trend turning bright green for the first time. The dollar affected all of the currencies and this is why we have this strong group of longs and strong group of shorts. The double greens are all winners and the shorts double reds are all winners with except one losing trade. The next time you see a change in the dollar Market Trend calendar, take a close look at the Pre-Buys and Pre-Sells to get your entry.
Here are the daily and weekly calendars followed by a scan of all of the Forex pairs today

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