June 2, 2015Daily Analysis

6/2 Analysis: Catching big moves early

You can see here at the NY open, the market conditions are not favorable because strong currencies are not trending up with momentum and weak currencies are not trending down with momentum. The reason why we want steep lines on the far right is because that indicates momentum happening RIGHT NOW in the market. This is where you sit out and do nothing.

If we fast forward this session, let me show market conditions that you should take note of…

You can see the EUR (pink line) is the strongest currency by far with a steep line going up (indicating huge momentum) while the USD (blue line) is weak with a steep line going down.


This resulted in a big move up of over 140 pips. I’m not suggesting you would capture all of this profit but the point is by using this tool and being able to see the whole market and what’s going on in real time, you will identify these types of moves way earlier than most traders.

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.