May 28, 2015 Daily Analysis

5/28 Analysis: Trading the Entire Forex Market

The most obvious currency is the AUD (orange line) which is weak and getting weaker with a very steep line down.

The 3 potential currencies that you could pair it with are the EUR (pink line), the CHF (turquoise line) and the JPY (yellow line).

Potential trades could be:


Looking at the EUR/AUD, if we placed our entry 10 pips higher than the price at the London open we would have rode that momentum up over 84 pips with no significant pull backs.

You can see by watching the video analysis that we had similar results with the AUD/JPY and AUD/CHF.

This is a great example of what can happen when you are analyzing the individual currencies and the entire market as opposed to just your favorite pairs. These are currencies (and profitable trades) most amateur traders wouldn’t even be looking at.

For example, if you only look at the EUR/USD, here is the chart for today:

If you tried to trade this pair, you would have been chopped to pieces.

So while amateur traders are taking back to back losses and wondering why their trading isn’t improving, professional, savvy traders are picking out the very highest probability, lowest risk trade set ups based on what is going on in the full market.

Watch the entire video analysis below:

You can see that our Currency Strength Indicator is an effective tool for picking out the highest probability, lowest risk trade set ups while avoiding market conditions that aren’t favorable. If you keep using this tool every day along with our daily Forex analysis, you will increase your win rate and be on your way to becoming a profitable trader long term.

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James Edward
James Edward has been a successful Forex hedge fund manager & educator for over a decade. He founded Complete Currency Trader, a London based firm that has consistently trained individuals to become professional and profitable traders long term using the individual currency strength analysis methodology. CCT is an elite Forex educational firm and has a reputation second to none with over 90 positive reviews and an overall 4.538 out of 5 rating on the third party verification site Forex Peace Army. James’s affable personality, expert knowledge, notoriety for getting results, and steadfast dedication to his clients, has secured his position as one of the most trustworthy, liked, and in demand authorities in the industry.