MarketClub Videos: The return of the Greek drachma ... it's coming

The return of the Greek drachma ... it's coming

The reality is, the world is in a whole mess of debt and it's all coming due at the same time.

Make no mistake about it, the situation in Europe is dire. The problems with Greece are well known. The problems in Spain are growing, and the problems in Ireland and Portugal are about to rear their ugly heads.

I'm not going to rhapsodize about the problems in Europe, they are well known and are manifesting themselves in the price action of the world markets, however, in this short video on the euro I want to show you how monthly charts and our "Trade Triangles" tell the story and show the trend very clearly. I also show you a simple method that you can use in your everyday trading to estimate how far a move can go.

My hope is that this new video will highlight some of the reasons why I believe we could be seeing some strong opportunities in this market.

The video is available for viewing now and there is no charge or registration requirement.

If you'd like to comment on this video, please visit the Trader'sBlog to make your views known.

All the best,
Adam Hewison
President, INO.com 
Co-creator, MarketClub

Published: 2010-05-25

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