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Currency markets, where now?

With the long Easter weekend coinciding with the Non Farm Payroll announcement, trading has been pretty tough for those of us who stayed behind trading. However, as we had all sorts of events planned in and around home I took some trades and covered the weekend nicely. The NFP figures were good and equities reacted favorably to the news. In a deviation from the usual sell the USD on good news, the beleaguered Euro took a nice tumble making me a solid 60 pips with almost no risk whatsoever.

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Winning the Day Trading Game in 2010

The market has been pretty slow in the first few days, the true ranges have been low and generally not seeing any urgency either way, bulls or bears. The USD has strengthened somewhat in the first few days and it may just be that Risk Aversion associated with buying the Japanese yen is subsiding. Personally I cannot see the reason for buying Yen against anything at the moment and wonder where this idea came from.

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GBP/USD Pivots on June 12

GBP/USD Pivots on June 12 – Trades based on pivot points

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Forex trading system based on Pivot Points

In this blog I discuss a forex trading system that I use everyday to make consistent profits.

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London open trades on May 06

Wednesday May 06 London open trades

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