Fantastic Four

In the wake of the dramatic standoff between Greece and the European Union, markets are more volatile than ever! It is not uncommon to wake up on Monday morning and be greeted by massive gaps upon the open. Both hearts and accounts are pumping; but are there any markets out there that are not directly linked to the Greek situation?

In his latest article, Craig Cobb looks at four markets that aren't directly linked to Greece. One of these is the NZDUSD market, which has been in a textbook downtrend for the past few weeks. The daily chart shows that the market has consistently formed lower highs and lower lows, while pulling back into the MA sell zones before continuing down. Trends like these where price action exhibits the characteristics of optimal price structure offer a higher level of predictability. Combined with strong money management and an awareness of market trading hours, there are opportunities to the downside ready for the taking for the savvy trader.

What are the other three markets that Craig is stalking for potential trades at this week? Continue reading here to find out.

Regards,
The TWP Team