Is it possible to gain a profit on the EURUSD?

The EURUSD is under pressure. It has reached its lowest since June 2010. I was searching on the internet and saw the article EUR/USD Outlook July 9-13 written July the 11 (2012). At the end of the article is a technical analysis concluding that the market is bearish.

But is it possible to gain a profit on the EURUSD where the market is falling?

The answer is that traders have possibilities to find profit in the market on the EURUSD as Forex trading is to find fluctuations in the market. Just study the EURUSD charts and you will realize that the market is in a downtrend but the currency rate is also rising.

On my blog and in one of my articles I have written about the trading strategy BollingBands and the stochastic indicators as a trading strategy. On my blog is also a link to the Alligator trading strategy.  

I was at the PLUS500 trading platform July the 12 (2012). I went through the 5 minute chart using the Bolling Bands and the stochastic indicators as trading indicators. The two indicators showed that there was a trade between 9:25 to 10:25. The rate rose 12 pips from 1.2213 – 1.2225. There was another trade again from 10:55 to 11:30. The rate rose 7 pips from 1.2216 – 1.2223.

Watching the Alligator indicator shows that the first trade doesn’t meet the Alligator indicator but the second trade does meet the Alligator indicators rules.