As you can see from these charts, it is no coincidence that price generally consolidates by at least 500 pips for almost all the pairs. Concentrate on the Masterchart levels 500 pips and 1000 pips and benefit a lot.
I attach herewith the monthly, weekly and H4 charts for some of these pairs
Those who are smart enough will study the above charts and begin to see a clear pattern in price movements. Unfortunately some traders will still not get picture and will continuing running for from pillar to post.
Without being immodest, these posts are meant for smart traders that.
What I am going to be discussing going forward in 2014 will revolve around drawing attention to the bigger picture. A thorough analysis of the market over the years has clearly shown that a trader will only be successful if he pays attention to the bigger picture. The monthly chart gives a "Bird Eyeview" of the FX market, while the weekly chart allows a trader to follow the direction of the market one weekly at a time. As you will observe from the chart most major pairs have been on a sustained bullish run since June 2012 and are most likely to peak between April-June 2014. You should however note that whether they peak or not around this months is immaterial. What is important is to follow these movement on a month-by-month and week-by-week basis within the Masterchart level and you will never be caught on the wrong side of the market.