{"id":20566,"date":"2023-02-07T07:30:52","date_gmt":"2023-02-07T12:30:52","guid":{"rendered":"https:\/\/www.jeffclarktrader.com\/?p=20566"},"modified":"2023-02-07T07:30:52","modified_gmt":"2023-02-07T12:30:52","slug":"how-i-gave-beta-testers-the-chance-to-make-3450-in-six-days","status":"publish","type":"post","link":"https:\/\/jeffclarktrader.com\/market-minute\/how-i-gave-beta-testers-the-chance-to-make-3450-in-six-days\/","title":{"rendered":"How I Gave Beta Testers the Chance to Make $3,450 in Six Days"},"content":{"rendered":"

Jeff’s Note:<\/strong> If you haven\u2019t already, please click here to instantly register<\/a> for my new Strategic Update…<\/p>\n

On Thursday, analyst Imre Gams and I are going to be sharing the full results of a beta test that banked us a 448% return in just 76 days. Over 1,200 people have tested this strategy and are now on track to make a 2,248% return over 2023…<\/p>\n

If you’re seeking a strategy to make consistent profits – and with a low capital requirement – you won’t want to miss out… When you join us on February 9 at 8 p.m. ET, you\u2019ll receive the next recommendation for free<\/a>.<\/p>\n

And below, Imre tells us more about this unique way to profit in today\u2019s uncertain market…<\/p>\n

\n

Last year was one of the worst bear markets in history.<\/p>\n

The S&P 500 fell 19%… The tech-heavy Nasdaq plunged 32%… And bitcoin plummeted 65%.<\/p>\n

If you’re like most folks, you’re licking your wounds.<\/p>\n

So, you may be wondering if it’s even possible to profit at a time like this.<\/p>\n

Today, I’ll answer that question…<\/p>\n

And to prove that it is possible, I’ll show you how the trades I recommended allowed a small group of regular investors to make as much as $3,450 in just six days…<\/p>\n

A Big Win in Six Days<\/h2>\n

Last October, I shared a trade alert with a small group of beta testers.<\/p>\n

Folks who acted on it had the chance to book a win in just six days… in the middle of a bear market in stocks<\/u>.<\/p>\n

Depending on their account size, it was worth anywhere from a few hundred dollars to $3,450.<\/p>\n

But here’s the thing. It wasn’t in stocks, bonds, crypto, options… or any other market you may be familiar with.<\/p>\n

This gain came from a currency trade.<\/p>\n

More specifically, it was a bet that the U.S. dollar (USD) would strengthen relative to the Canadian dollar (CAD).<\/p>\n

You see, currencies trade relative to one another. That’s why we trade them in pairs.<\/p>\n

As one currency in the pair weakens, the other gets stronger. This allows traders to profit from that move.<\/p>\n

And the reason I entered the USD\/CAD trade was based on a chart setup that stacks the odds in my favor.<\/p>\n\n\n\n
\n

Free Trading Resources<\/strong><\/p>\n

Have you checked out Jeff’s free trading resources on his website? It contains a selection of special reports, training videos, and a full trading glossary to help kickstart your trading career \u2013 at zero cost to you. Just click here<\/a> to check it out.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

There Are Two Market Phases<\/h2>\n

But how did I know which way to trade this currency pair?<\/p>\n

(By the way, it took me thousands of hours of study and practice. But you don’t need to do that. I’ll show you how you can benefit from what I learned in a moment.)<\/p>\n

All you need to know when trading currency pairs is that they have two phases of behavior: the trending phase and the corrective phase.<\/p>\n

When the pair is trending the moves are strong, and it makes new highs or lows with ease.<\/p>\n

But once the trending phase is over, the pair enters the corrective phase. It pulls back and retraces some of the big move that preceded it.<\/p>\n

An important distinction between these two phases is that when a pair is in a corrective phase, it won’t make new highs or lows.<\/p>\n

You can see this in the chart below of the U.S. Dollar Index. It tracks the exchange value of the dollar versus a basket of six major trading partner currencies.<\/p>\n

And although it’s not a currency pair, it’s a great example of what I’m talking about. Take a look…<\/p>\n

\"Chart\"<\/div>\n

The green arrows show the trending phases. The red arrows show the corrective phases.<\/p>\n

Notice how every time a corrective phase came to an end, the dollar surged. Those are the inflection points I aim to catch with my trades.<\/p>\n

Now, look at the USD\/CAD trade I recommended…<\/p>\n

\"Chart\"<\/div>\n

The first green arrow is the strong trending movement I was tracking in this pair. The red arrow is the corrective phase that followed.<\/p>\n

When I sent out the trade alert (Entry), I was positioning subscribers for the next trending phase (second green arrow).<\/p>\n

Making the Cash Register Ring<\/h2>\n

You’ll notice I didn’t end up picking the bottom of the red corrective phase for my entry point.<\/p>\n

But that’s OK…<\/p>\n

Over my 14 years as a trader, I’ve learned that trying to perfectly time these phases is impossible. Sometimes, I’ll get lucky and pick the exact top or bottom in a market. Most of the time, I’ll be early… like I was here.<\/p>\n

But as you can see, exact timing doesn’t matter too much. I was still able to make the cash register ring for my subscribers.<\/p>\n

That’s part of what makes trading forex so great… You don’t need to capture the whole move. You just want a piece of it.<\/p>\n

With $7.4 trillion changing hands every day in the forex market, a piece is plenty. And you get to decide how much you want to risk.<\/p>\n

I suggest starting at a level you’re comfortable with and working your way up. Because of this, forex is a great market for beginner and<\/em> experienced traders alike.<\/p>\n

I’ll be sharing all the details on my beta strategy on Thursday, February 9 at 8 p.m. ET<\/a>. You’ll even get the chance to see my next live trade recommendation…<\/p>\n

And it’s free to attend. You just need to reserve your spot, which you can do with one click right here<\/a>.<\/p>\n

I look forward to seeing you there.<\/p>\n

Happy trading,<\/p>\n

Imre Gams
Analyst, Market Minute<\/em><\/p>\n

P.S.<\/strong> Tomorrow I’m sharing how I’ve scored a 95%-win rate<\/a> in my forex service Currency Trader<\/em> – and it has nothing to do with a crystal ball.<\/p>\n

A reliable, three-step process helped me crack the code on this $3,450 trade even against a volatile backdrop. To find out my secret, stay tuned for more…<\/p>\n","protected":false},"excerpt":{"rendered":"

This gain wasn\u2019t from stocks, bonds, crypto, options\u2026 or any other market you may be familiar with\u2026<\/p>\n","protected":false},"author":49,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"ep_exclude_from_search":false,"service":"","footnotes":""},"categories":[1],"tags":[],"publication":[10],"person":[76],"newsletter-type":[],"ticker":[],"class_list":["post-20566","post","type-post","status-publish","format-standard","hentry","category-market-minute","publication-market-minute","person-imre-gams"],"acf":[],"_links":{"self":[{"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/posts\/20566","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/users\/49"}],"replies":[{"embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/comments?post=20566"}],"version-history":[{"count":0,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/posts\/20566\/revisions"}],"wp:attachment":[{"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/media?parent=20566"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/categories?post=20566"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/tags?post=20566"},{"taxonomy":"publication","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/publication?post=20566"},{"taxonomy":"person","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/person?post=20566"},{"taxonomy":"newsletter-type","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/newsletter-type?post=20566"},{"taxonomy":"ticker","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/ticker?post=20566"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}