The reason why at Winner’s Edge they love trends is because a structured trend continues to give high probability trades over and over again.
The entire pattern of the trend is what their Favorite Strategy is built around. And maybe, just maybe, the USD is starting to build one of those trends that we can take advantage of. And if that happens that means big profits and huge growth in our trading accounts. And isn’t that what it’s all about?
If you take a look at the past few days of analysis, it will demonstrate all the trades that are in play now. Today, I’ll just update you on 2 that we’re still waiting on.
Everything is confirmed and looking great on the GBP/USD side . Just a matter of waiting for the break and setting up your trade.
The NZD is in a slightly different situation because we had a deeper correction here. Rather than a typical flag pattern, the NZD/USD has reversed a fair margin back to the downside. This creates a better profit opportunity for us, but also makes the entry a bit more difficult.
In this situation, I’d be extra patient. Wait for this currency pair to settle down and then make a clear move back to the upside. Once it does this, we can enter with a target of the recent high which should be a high probability move with the powerful trend behind us.
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