Forex Trading

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Euro Continue To Range

Tuesday, November 18th, 2008

Range trading is usually not for the faint-hearted but a domain often reserved for the skilled traders willing to take a piece of the market at a time. At the moment, the Euro has serves range and how do you brace yourself in this economic climate?

Euro Falls Again

Tuesday, November 11th, 2008

LONDON — The euro dollar maintained its October undertone this morning spiralling down to another six-day low. From the height of early morning trades at 1.2800, the euro fell sharply to 1.2517 dropping over 280 pips against the US dollar by mid-noon. Could this be the sign of euro giving back some of its last three years gains?

Euro Break Expectations

Tuesday, November 4th, 2008

This morning my colleague posted our conservative market outlook of 1.2880/1.2900 based on our Monday morning debrief, analysis and trading positions. Little did we know that the trade would end up with huge pips collection.

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