The U.S. session, trader’s daily 09:45 EDT question; “Oh dear, do we now want to take a U.S. based trade and run the risk of a price move stranding things with no momentum, as 80% of U.S. sessions do?” The law of probability says that U.S. trade will not follow…
Archive for April, 2010
The U.S. Session Trader's Daily Forex Question
On April - 28 - 2010
The U.S. session, trader’s daily 09:45 EDT question; “Oh dear, do we now want to take a U.S. based trade and run the risk of a price move stranding things with no momentum, as 80% of U.S. sessions do?” The law of probability says that U.S. trade will not follow…
The U.S. Session Trader's Daily Forex Question
On April - 27 - 2010
The U.S. session, trader’s daily 09:45 EDT question; “Oh dear, do we now want to take a U.S. based trade and run the risk of a price move stranding things with no momentum, as 80% of U.S. sessions do?” The law of probability says that U.S. trade will not follow…
EURUSD: Broader Weakness Yet To Be Over
On April - 26 - 2010
While the pair retains its overall medium term bearishness and looks to weakness further, we are however suspicious of a hammer candle formation following its Friday sharp recovery. Having said that, a follow through higher is needed to confirm the hammer pattern. If that occurs, we should expect price recovery…
