Before we Talk about S and P, In this week’s market analysis, I’ve got a question by Denise, who asked me:
How do I learn how to trade?
Here’s what I said:
You can get a comprehensive trading education at Babypips. This is good especially if you’re totally new to trading.
Then go to my Trading Academy where I’ll teach you advance trading concepts that are seldom talked about.
Lastly, you should read my recommended reading list to gain further insights to the different types of trading methods out there.
These are free materials that you should absolutely take advantage off.
Now, back to the markets…
…this week I share with you why the easy money in the S and P is probably over.
Then I’ll teach you how to use the relative strength concept, and select the ‘better’ currency to trade.
The S and P: Something is Brewing in This Market
I hope you’ve enjoyed this week’s market analysis on S and P. As always, comments are welcomed and encouraged. Cheers!
Do you want to learn a new trading strategy that allows you to profit in bull and bear markets?
In my FREE trading course (valued at $48), I will teach you this powerful trading strategy step by step, along with charts and examples.
You can download it here for FREE.
Thanks for the crosspair tip, interesting concept that makes sense.
Thanks for stopping by and I’m glad to hear that.
I hope to hear more from you in the near future 🙂
Thanks Rayner. Very simple way to cross currencies 🙂
Thank you Shlomi 🙂
For sugar (downtrend) and usd/jpy (uptrend), it looks like they are both at the weekly 50 MA, my question is are these moving averages tradeable on the weekly timeframe, dont you usually trade off daily timeframe using 20/50?
Yes if you trade the weekly timeframe, then both are viable setups.
However I don’t trade on the weekly timeframe.