Apr 212010
Morning Friends,
As the airports open and the skies are full of travellers, I see the markets as this in the morning.
EUR/USD (Fiber)
I would see trading chances:
For Long above 13450, take profit at 13485-13500. Stop Loss at 13430
For Short below 13395, take profit at 13350-13335. Stop Loss at 13420
GBP/USD (Cable)
I would see trading chances:
For Long above 15400, take profit at 15460. Stop Loss at 15360
For Short below 15305, take profit at 15250. Stop Loss at 15345
Cable has been ranging between 15330 and 15378. With the news coming in the morning there could be some good chances to earn good pips.
I have already taken over 22 pips this morning and will be placing my trades here soon.
To Your Trading Success.
The Investor Guru
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What is the secret to successful forex trading? A complete newbie to forex trading, I am having difficulties figuring out where to look for information, but also what exactly to look for. Commodities? Bank quarterly results?
Investor Guru says.
I would never use and do not know anyone who use Automated Robots. These look good on the outside however tend not to be on the inside, they cannot react to News Announcements. Maybe check out strategies that work there is the Stochastic Strategy that I have started using. It is currently running around 75% successful. You could also read some of my posts on Trading Mindset.