US Dollar Stength Changed the Entire Market

The Massive Strength of the USD changed the entire landscape of he Market this week:

 

[leadplayer_vid id=”5196923D9FC66″]

The following two tabs change content below.
Winners Edge Trading was founded in 2009 and is working to create the most current and useful Forex information and training available on the internet.

Winner’s Edge Trading, as seen on:

Winner's Edge Trading in the news

  • Paul

    Great overview of the weeklies Nathan, thank you so very much

    The EurAud is at a level of interest (testing 2013 highs and the top of the weekly ascending channel) a retest (small pullback) and confirming price action long may offer an excellent risk/reward if this pair is able to return to its 2011 highs)

    I am reassured that my entry rules (price action at pre-defined levels) stopped me from trading Wednesdays UsdCad & UsdChf daily ‘shooting start’ / long tailled pin’ candles, to short what appeared to be an over extended market. They looked superb ‘triggers’ on my daily time-frame charts & Thursday I was a little frustrated with my own rules and that I hadn’t placed orders to trade them!

    There is clearly every reason to be searching for sound opportunities to trade USD strength against all of the other currencies, particularly the weak antipodean duo next week, as well as JPY weakness (particularly against the USD & EUR), should there be suitable price action at good levels of Support / Resistance

    I hope you had a fantastic weekend & look forward to Mondays NDA

  • Clifton

    Thanks Nathan for the great analysis, as usual. What I dont understand is why my trade copier account is consistently showing loss! You guys obviously dont apply this info in your own trading account otherwise the copier account would be flourishing by now! Why is this so? Something here is just not making any sense.

  • corojo

    thanks, Nathan, great commentary, as always..