While waiting for EURusd to wake up from its slumber let me quickly explain one of the best strategies you can use to make millions of dollars in Forex. Without wasting your time let's ride on.
Always look for a pair of currency that is going up on one currency and going down against another.
For example if EURusd is bullish and EURjpy is bearish on either of the Time Frames for instance on daily T.F. The best way to trade this is to go short on USDjpy, WHY?
Let's see it this way EUR is very powerful but inspite of its power, it can still be beaten up by JPY, then JPY must be so powerful to beat both EUR and usd. But then the easiet one to handle or beat is the USD which is the weakest so for JPY to win the battle easily he will go for usd. That is the simplest way to win 90 % of the time in Forex.
Check Examples below
This is eur going down against JPY
This EUR going up against usd.
Because JPY is powerful that both usd is down against JPY. (Ou rbest trade)
Check what USDjpy has been doing since since yesterday. It has moved beyond 30 pips
I like working with Daily charts. I have been on that trade EURjpy and am still in it.
The above is my demo on live an on both USD.EUR/jpy
Oh Shit.
I just discovered i have revealing my trading secrete to you. Anyway That is my gift for the readers of my blog. You can as well drop a comment if you have one.
Best of luck and See You At The Next Level.
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