An absence of major US economic news and a holiday-shortened trading week contributed to the second day in a row of lower than normal Forex market volatility during the New York session. Although follow-through was limited, there were some pips to be made by skilled scalpers, even on the EUR/USD the world's most liquid currency pair. A conservative long trade setup on the euro came together as the end of the London trading day approached. Up to 70 pips in profit depending on entry and exit strategy was the reward for traders who simply bought at visual support and took profit at today's central pivot point.
Great video, thanks!
DDDianaDDD 2 years ago