The NZDJPY pair advanced several percent on strong risk appetite and the latest interest rate scare before this week's start. But the latest, very steep sell-off suggests that the tide may be turning here. A significant breach of the 66.00 area in the coming weeks would help confirm that the high is in for the pair. The correlation of NZDJPY with the S&P500 in Q3 was 0.91 - very high - so any downside view will need a weak stock market, and steady to lower interest rates as well

Trading major trend turning points is definitely a far more effective and lucrative system than trend following. You can capture and profit from the entire move from top to bottom and from bottom to top again and again. You also can enter trades with much better risk profile, as there is a higher possibility of a correction within a trend, than a further significant move into the original direction at inflexion points, when the markets are significantly overextended.

Check out the precision of our system warning us of a trend turn in gold! We entered a short position at 989 at the London open the day after we received our signal. The subsequent move resulted in a drop of 143 points, from 1,007 to 864 USD. A fifty-ounce short position brought us a profit of USD 6,200, in just 6 weeks!  This proves the superiority of trading trend turns with a leading system above trend following based on lagging indicators!

This real trading environment example shows you how our signals work despite the trickiness of the forex market. In addition, this is also an excellent example of how a currency  -  the CAD in this case  -  reaches inflexion point against several other currencies, resulting in a cluster of signals within a very short time frame. Although, in this example, the system signaled “sell” only for two pairs, other CAD-denominated pairs, including USDCAD, also turned in sync with the signaled ones.