FOREX VIDEO – New York Session Review – December 3, 2009

Posted by - 14/12/09 at 02:12 pm

The US dollar gained ground against the euro after ECB staff’s revised eurozone GDP projections were released during today’s New York session. While the short trade entry level on the EUR/USD was justified by a plethora of nearby resistance, the nature of the preceding move made the scenario a test of mettle. Traders who took the shot were rewarded with a profit of up to 70 pips [depending on entry and exit strategy].

Here is the original:
FOREX VIDEO – New York Session Review – December 3, 2009

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FOREX VIDEO – New York Session Review – December 3, 2009

Posted by - 14/12/09 at 02:12 pm

The US dollar gained ground against the euro after ECB staff’s revised eurozone GDP projections were released during today’s New York session. While the short trade entry level on the EUR/USD was justified by a plethora of nearby resistance, the nature of the preceding move made the scenario a test of mettle. Traders who took the shot were rewarded with a profit of up to 70 pips [depending on entry and exit strategy].

Go here to see the original: 
FOREX VIDEO – New York Session Review – December 3, 2009

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