Tuesday, December 16, 2008

Forex Video "Trends and Market Timing in the Forex Markets"


From the desk of Adam Hewison....

In this week's video, we will be exploring the world of foreign exchange.
It is also commonly known as the forex market to industry professionals.

Watch Video

The forex market is the biggest market in the world with trillions of
dollars changing hands everyday. This truly is the most fluid and liquid
marketplace on earth. This market trades 24 hours a day, 6 1/2 days a
week and it is traded by every major bank in the world.

One of the cool things about forex is the fact that markets tend to trend
very well and therefore they are very suitable for technical analysis and
the use of trend following techniques such as MarketClub's "Trade Triangle."

Today, we will be focusing in on the EUR/USD exchange rate. As of right now,
the dollar continues to be gaining for the year against the Euro. However,
we still have about another week left to trade in 2008 and we could see the
USD end up being flat for the year.

This gets back to a point I have made before...never buy-and-hold a security
or a currency as events are constantly changing in the financial arena.

My new video runs about seven minutes. In the online video, which you can view
with my compliments, I will show you step-by-step exactly how we approach both
trends and market timing in the forex markets.

Watch Video

I think you will get a lot out of this video as it will teach you how we approach
the currency markets. If you have any questions please feel free to call our office
at 1-800-538-7424.

Every success in the coming year and every success in trading the forex markets.

Adam Hewison

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