Some Forecast Strategies

OK, I promise, I am not trying to bend my rules from the previous post and am staying out of my trade this evening.

However I do want to point something out. If you should ever get a forecast that is supposed to go down or up, and off the hop you see on your charts (please tell me at the very least you have a chart open when trading) the currency moving in an opposite direction (right now the 4 majors and yen pairs are moving in the opposite direction of the weak forecast), you can wait and see how close to the high target they get and then enter your position, in this case short. It is a good percentage move for a fast 25 to 30 pips.

 

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