FOREX VIDEO - New York Session Review - December 3, 2009

The U.S. dollar gained ground against the euro after ECB staff's revised eurozone GDP projections were released during today's New York session. While the short trade entry level on the EUR/USD was justified by a plethora of nearby resistance, the nature of the preceding move made the scenario a test of mettle. Traders who took the shot were rewarded with a profit of up to 70 pips [depending on entry and exit strategy].

Category:

Education

Tags:

• forex
• currency
• trading
• fxbootcamp
• money
• 4x
• fx
• wehrley

[CallMeBillSeries]

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[pipsalot1]

Keep up the good work Curt.

[spol07]

thanks

[pwlco1]

Thaks Curt. Enjoy your weekend.

patrick L

[cheekybu]

interesting

[kjguest30]

thanks curt

[DDDianaDDD]

Great video, thanks!

[0PsycoDad0]

I wounder what strengh the euro has as Greece, Italy and Spain´re deep in the dolldrums France is kind of downward heading and Germany´ll definately see a slump in GDP next quater.

Belgium and the Netherland cannot be the only pushers.

So shouldn´t the euro have a downside bias on the quaterly perspective?