Is there a potential 300 – 400 point huge market movement coming?
The world awoke to historical images of Trump and Kim shaking hands. ”The world will see some major changes” says Mr Kim. We are interested in the how this new development might affect the markets as time goes on. Will we see a huge market movement? We will be following our Pro-Trading System signals and trading plans as per norm and will be on the lookout for some big, profitable movements!
Today’s Market Update
In today’s market update, we’re looking at the EURUSD. We’re edging closer to the end of wave 4 pullback and a potential 300-400 point drop from there. Watch the video to see the system signals and the turning points on the Euro.
Don’t forget it is Learn to Trade Live this Saturday in London. We will be teaching: wave trading, trading systems, trading strategies, stop loss orders, profit target areas and trading tips for beginner to intermediate traders. Book Your Spot Here
EURUSD Daily Chart
We are still in a wave 4 pull back on the EURUSD and the way it has been trading this morning we could see higher prices with a move up to 119.12 which is a Pro-Trading System target. From there we could see the start of the wave 5 push down which would take prices below 1:15. At that wave 4 turning point, we will set up the Pro-Trading System entry, stops, and targets. We wait for a signal.
You can see that retail traders are 53% net long, but traders are less net-long than Friday and compared with last week. Price could continue higher as our PTS indicates.
The above charts, images, copy, and video belong to Trading College. Photocopying and further distribution of this information are strictly prohibited. The information contained in the service is expressed in good faith. Trading College service is purely educational and is therefore not regulated by the Financial Conduct Authority.