Friday, May 6, 2011

A Strong USD. Who Would Have Predicted.

Maybe there are insightful traders out there who saw today's soaring value in the USD. I suspect not too many people predicted the profit taking opportunities that happened today from EUR/USD to USD/CHF. One thing for sure, trading in the now with Trajectory Forex real time data was pretty easy.

I was at first long on EUR/USD and short on CHF/USD. When I saw both trajectory change and accelerating velocity, I got out of positions at smaller profit levels or near break even thanks to original and profitable entry points. Then, despite what I had seen over many months before, I looked at the real time data and surprised myself with profits based on the rising strength of today's USD.

EUR/USD went down. USD/CHF went up. Go figure. One thing for sure, with real time data and observation of just two real time variables that stream into the MT4 non-stop, Trajectory Forex methodologies allowed me to earn profits despite the longer term trend of both these currencies.

If you haven't read my book, check it out. Trajectory Forex is now on Amazon and at www.TrajectoryForex.com. Again, real time data proves to be the key to radical and rapid change.