Watch this CHFJPY video and forget about the dollar; there are other ways to make money in the Forex market…If you are trading the EURUSD, GBPUSD, USDJPY or any other dollar related currency pair then you should watch this CHFJPY video. In this CHFJPY Adam Hewison explains a simple technique that can make you a lot of pips on the CHFJPY pair. Adam Hewison, President of INO.com, Co-founder of MarketClub: Most people immediately think about the dollar when Forex markets are mentioned. Sadly, the main reason is its declining value against the other major currencies. There are several ways to look at the foreign exchange markets and one of them is to compare other major currencies. For example, you could be looking at the euro against the Japanese yen or any number of combinations in between.
In today’s short video we will be looking at the Swiss franc versus the Japanese yen over the past 12 months. I’m going to be showing you a very simple, yet very effective, approach that has proven to be 72% accurate in 2010-2011 when trading this particular cross-rate.
In fact, using this easy to understand approach, you would have made just seven trades in approximately 12 months. As you can see, this is not a hyperactive approach. However, it will put the odds of making money on your side if you stick to the game plan. As in all trading, having a game plan in foreign exchange is extremely important.
If after watching this video you would like to receive the game plan template I use to help me organize and develop my strategies, just contact us by phone at 1-800-538-7424 or via email. I hope you find this video informative and educational. As always our videos are free to watch and there are no registration requirements. All we ask is that you let us know what you think by leaving a comment, talk about us on your blog, Tweet to a friend or share us on Facebook.