Trading Forex Markets for Profit
New York openned with a lower high to lower low trading range. This points down for the EUR/USD. Perhaps the market was looking for higher than expected inflation in the CPI data released today. You know what? That is exactly what happened and a downward sloping price channel has formed. The only question is; how long will the dollar strength last? LIVE FOREX TRAINING | EVERYDAY HTTP://WWW.FXBOOTCAMP.COM
Duration : 0:11:27
It was a flat forex day with no forex news on the forex calendar. Not a great forex trading day. The forex market is still getting used to the US Dollar low. We’ll just consolidate here until new forex momentum is created tomorrow. Today’s forex trading strategy was “Capital Preservation”. Live FOREX Training | Everyday! http://www.fxbootcamp.com
Duration : 0:9:0
Tuesday’s trading range was higher than Monday’s. This predicts that today’s action is likely to push the EUR/USD upward… following the trend. Learn how Fibonacci Extensions and Pivots Points, both being leading indicators, helped guide successful forex traders today. LIVE FOREX TRAINING, EVERYDAY! HTTP://WWW.FXBOOTCAMP.COM
Duration : 0:9:2
Wow, what a day. The forex market really moved. The US Session openned at a 161.8% Fibonacci Level and M4 Pivot Point. That is usually what the markets look like at the end of the trading day! With so much news on the calendar, you really had to play it cool and wait for an entry point. If you did, you were rewarded with one last extension in the direction of the prevailing trend. LIVE FOREX TRAINING | EVERYDAY! HTTP://WWW.FXBOOTCAMP.COM
Duration : 0:8:15
The US FOREX Trading Session started flat for the USD, so we focused on the Canadian Dollar today. After a break of resistance, price topped out at the R1 Pivot Point for a very technical trade. Oil is at a 17 monthly low and with CAD having an 80% correlation to the price of oil, the Loonie was expected to fall… and fall it did. Live FOREX Training | Everyday! http://www.fxbootcamp.com
Duration : 0:9:6