Talking Points:
• Looking at a decade or more of price can offer an eye-opening view of technical opportunity
• The Dollar, EURUSD, USDJPY, S&P 500 and Oil are just a few markets that benefit a 'big picture' review
• Combine the technical with fundamental and market conditions to set up your 2015 positions
Want to develop a more in-depth knowledge on the market and strategies? Check out the DailyFX Trading Guides we have produced on a range of topics.
Whether you are a short-term scalper or a more patient swing trader, taking a step back to look at the 'bigger picture' can help your trading. We have these past weeks looked at the bigger picture for fundamentals and general market conditions. So, to start off the New Year, we will look at the alluring big-picture technical patterns that have taken shape across the FX and capital markets. Incredible runs like that from USDollar, tentative massive breakouts from EURUSD and EURGBP, and the specter of reversal from the likes of USDJPY and EURJPY offer incredible potential for 2015. Combine the fundamental and market conditions views for the New Year with today's Trading Video technical overview to find your favorite setups.
Sign up for John’s email distribution list, here.
