The EURO

The EURO Slide: Not An Amusement Ride

EURO Wind-up for the week:

The Down Slide Is Continuing.

The Down Slide Is Continuing.

The EURO Avalanche continued this week.

For those in cash positions, I’m sure you’ll be convinced by now (with the data we’ve been passing along to you for some time), that you’d be better off holding US DOLLARS than EUROS these days.

I began a little experiment this week in tracking intraday price movement using our approach.

I decided to use this weakness in the EURO to illustrate the wisdom of using Daily trend direction and applying it to taking only one-sided intraday trades in the same direction as the Daily trend.

It was also a good time to illustrate how we can also track intraday trends just fine (in fact, much better than fine!) for those who are inclined towards a more active investment style.

By the way, the wind-up results for that last Euro intraday short pick and, results for the week, can be viewed by Members only below:

[If you wonder what members are seeing that you aren't, just click on the 'Golden Ticket' over on the  right margin and Join right now. There's no obligation and it's completely FREE. That's right, FREE.]

Member Only access begins here: [Content protected for members only]

Legal Disclaimer: The content on this site and articles are provided as general information only and should not be taken as investment advice. All information on this site is given for educational purposes only.

The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions.

NO MATERIAL HERE CONSTITUTES “INVESTMENT ADVICE” NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, FOREX, BONDS OR FUTURES.

The Money Tigers Group © 2011

Tags: WD Gann, stock market prediction, gold traders
The Excalibur Method, gold price predictions, timing the markets, money tigers, trading education, gold price charts, e mini trading, technical analysis

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A reminder: These posts are for educational purposes only concerning my own private methods of analysis and are not recommendations or advice to buy or sell or to really do anything except to observe, along with me the rhythm of market price movements and try to align ourselves with them.