allenleach: Forex Trend Topper : How To Make Money With Seasonal Tendencies In The Forex Markets

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Forex Trend Topper : How To Make Money With Seasonal Tendencies In The Forex Markets

Forex Trend Topper : How To Make Money With Seasonal Tendencies In The Forex Markets - Using seasonal patterns to make money in the forex markets can be quite simplelthough not 100% accurate seasonal patterns can give one a roadmap to which trades to look for from month to month and year to yearor example due to the fact 1999 when the Euro began trading once you go short on the third trading day of January and holding it for 23 days you will have an average profit of $2,565 up until 2008his pattern has now worked 10 out of 11 years for a 91% success ratehe reason this pattern works in theory anyway is given that European multinationals corporations based in the Uenerally tend to repatriate dollars back to Europe which frequently depresses the expense of the Euro against the dollar and other currenciesn order to take advantage of this trade there are a few different optionsbviously the first I trading a euro pair like the eur/usd, but you could at the same time trade a futures contract on the euro as well as an exchange traded fund (ETF) like the FXEhere are several other patterns ... [Read More - Forex Trend Topper]

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