Big Trends Equal Big Profits:
The reason that we love trends here at Learn Where to Invest is because a structured trend continues to give us high probability trades over and over again.
The entire pattern of the trend is what our Favorite Strategy is built around.
And Maybe…Just MAYBE, the USD is starting to build one of those trends that we can take advantage of.. And if we do, that means big profits and huge growth in our trading accounts. And isn’t that what it’s all about?
If you take a look at the past few days of analysis, it will demonstrate all the trades that are in play now.
Today, I’ll just update you on 2 that we’re still waiting on.
GBP/USD
Everything is confirmed and looking great on the GBP vs the Dollar.. Just a matter of waiting for the break and setting up your trade.’
NZD/USD
Rather than a typical flag pattern, the NZD/USD has reversed a fair margin back to the downside. This creates a better profit opportunity for us, but also makes the entry a bit more difficult.
In this situation, I’d be extra patient. Wait for this currency pair to settle down and then make a clear move back to the upside. Once it does this, we can enter with a target of the recent high which should be a high probability move with the powerful trend behind us.
That’s it for today’s update. Let me know if you have thoughts, comments or questions
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