Market Traders Institute’s first quarter forex market forecast calls for 4,100 pips

LAKE MARY, Fla. - Feb. 11, 2014 - PRLog -- Market Traders Institute (MTI), world leaders in forex education, has released their first currency market trading forecasts for 2014. In the opportunity that they are calling the Euro Eclipse, they are calling for more than 4,100 pips worth of opportunity -- the majority of the movements taking place in the first quarter of the year. For standard lot traders, this opportunity could be worth more than $41,000.

"The Euro Eclipse name works perfectly for these movements because the big currency leader over the next few months will be the euro based on my technical analysis," said Joshua Martinez, head analyst at Market Traders Institute. "Since we’ve started looking into these potential entry points on these movements, we’ve already seen some waves move closer to our proposed direction and we expect to see everything really take off over the next few weeks."

The actual forecast focuses on three major currency pairs including two euro pairs to make up the total trading opportunity that has been outlined. Two of the three pairs that Martinez says will be “unstoppable” over the next few months are setting up for pivot movements. The market is expected to hit historical lines that the market typically bounces off of to move in the opposite direction. This is often called the pivot point of the market.

The third currency pair is approaching a pennant point in the market. This decisive market point is expected to cause increased volatility in the market. MTI’s experts are teaching traders two key strategies they will be personally using to act upon this particular movement. The strategies are contingent on one single piece of market analysis that they say will alert traders of the market’s strongest direction in that pair through the remainder of the year on a movement they say has been setting up for since 2005.

The individual traders who are calling these movements are hosting a  market breakdown and trading plan analysis webinar in order to help traders understand potential movements and how they can not only protect their trades, but also optimize their trades to capture on timely moves. To learn more about the full forecast, click here: http://www.markettraders.com/forex-trading-prediction/?ls....

"We’ve had our eyes on these pairs mainly because of the incredible scope of analysis history behind these movements," said Jose Tormos, analyst and trader at Market Traders Institute. "Some of these movements are based on nearly 20 years of market research and we’ve seen these patterns over and over again which builds confidence in constructing the perfect strategy for these moves. The answer isn’t if these movements will happen; it is truly a matter of when at this point."

Market Traders Institute, Inc. has been assisting Forex students from around the world in improving their forex trading abilities for more than 19 years. Through streamlined methods of teaching learners from all walks of life to strategize and trade currencies effectively, MTI prides itself in helping Forex trading hopefuls in becoming independent and confident in making effective trading decisions.