97% of the time, the EUR and the GBP move in the same direction. Not this morning. We just couldn’t get them in synch. At times, EUR was going down and GBP was going up. Then when we go the two moving in the same direction, stochastics wouldn’t confirm. Very choppy and dangerous day. Therefore we just traded the oil inventory news by riding the CAD’s continuation pattern after a break of support. Remember this day. The next time you see lack of corrolation, perhaps you should consider taking …
www.trading-strategies.info A short video showing some of the highlights of what is inside the Trading Strategies website. Provider of the best real time currency training on the web all from the comforts of your own computer. Learn how I trade the live currency markets on a daily basis.
An over view of the upcoming PPI and Retail Sales release, including expected pip results as well as which currency pair to trade. Live FOREX Training | Everyday! www.fxbootcamp.com
How do you trade a breakout of a range? Very similar to a triangle breakout. Measure and project! This video includes examples from today’s EUR/USD and USD/CAD pairs. Live FOREX Training | Everyday www.fxbootcamp.com
www.trading-strategies.info A short Foroex video showing when to stay out of the market and wait until trading conditions are more favourable to trade with.
Both NFP and ISM releases today were USD negative. The market took off in the direction of the prevailing trend, aligned with fundamental analysis and traded using technical analysis. In a breakout day, such as this, Fibonacci and Pivot Points were great leading indicators to use. Live FOREX Training, 12+ Hours Everyday! www.fxbootcamp.com