Live Room Forex Trades
Morning all…
Great start to the Live Room with many of you taking advantage of the weak USD.
We concentrated on the strength of CHF today and the strength of the EUR and GBP against the USD. Most of you gained between 30 and 80 points which is a great start and a good build from yesterday.
EURUSD - Perfect break with German PPI coming out stronger than expected and a target of 1.5600 for the morniung session.. A great start with 50 plus pips.
GBPUSD - With USD weakness all round the GBP started to build as well off the 50ma for a move to test the Daily 20ma.
USDCHF - Look at the 50ma crossing down from the 200ma.. The red heiken ashi candles get u in on the break for a move from 1.0500 down to 1.0450 this am… A great 50 plus pips to be had…
GBPCHF - Usdchf led the way and was looking for a pullback to the 4 hour support..Entry on break of 50ma and 200ma from 2.0490 to just below 2.0450… A solid 40 plus pips this am to be taken…
Great work guys and speak to you all tomorrow…Remember there is no pressure to trade… This will all fall into place over the next few days and weeks.
Excellent..Ok speak tom at 6.45am.
Dan
May 20th, 2008 at 10:38 am
[…] FOREXGEN INSTITUTIONAL wrote an interesting post today onHere’s a quick excerptLive Room Forex Trades Tuesday, May. 20th 2008 9:57 AM Morning all… Great start to the Live Room with many of you taking advantage of the weak USD. We concentrated on the strength of CHF today and the strength of the EUR and GBP against the USD. Most of you gained between 30 and 80 points which is a great start and a good build from yesterday. EURUSD - Perfect break with German PPI coming out stronger than expected and a target of 1.5600 for the morniung session.. A great start with 50 pl […]
May 25th, 2008 at 3:50 pm
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