FOREX Training Video | New York Session March 11, 2008

A new plan by the Federal Reserve to revive lending among banks, announced during the first hour of today's New York session, sparked a rally in the US dollar. Currency correlation, a second chance on a pullback, and a "ride the 5" scenario across the major pairs was classic. The EUR/USD, for example, offered a variety of entry/exit options which could be combined to produce a short trade with up to 140 pips in profit.

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• Forex
• Training
• Currency
• Dollar
• Money
• FX
• 4X
• trader
• Foreign
• Exchange