Well it's been quite a frustrating week this week, not least because my free trade carried over from last week was just stopped out on Monday. If my stop had been a few points lower I could potentially have banked over 300 points. The rest of the week wasn't much better either as my 4 hour trading system only generated one decent trading opportunity.
I don't normally talk about options trading very much on this blog but I'm going to make an exception today because I've just found out that Options University are about to give away 1000 copies of their flagship product, the Options Mastery Series.
Well the first thing I should say is that my free trade on the GBP/USD pair that was carried over from last week was stopped out at break-even right at the start of the week. So that was disappointing, but thankfully there have still been a couple of decent trades this week.
As regular readers of this blog will know, I'm a big fan of exponential moving averages. Indeed they are a major component of my main 4 hour trading strategy. However even though they provide more up to date signals than simple moving averages, they are still lagging indicators which is why a man called Patrick Mulloy created the Triple Exponential Moving Average (TEMA) indicator.
More on The Triple Exponential Moving Average (TEMA) Indicator
Today I want to share with you a short trading video from the team at Marketclub that shows you how you can use their trade triangle technology to quickly analyze the various currency pairs, and tells you whether you should be in or out of the markets.
More on How To Quickly Analyze Forex Pairs Using Marketclub's Trading Service
