Daily Forex Market Update - 2008.07.15

Unfortunately we had no trade zones across the board after the initial rally in the EUR and GBP at the end of the Asian session. We also saw the EUR violate the previous all time high of 1.6019 but came back sharply after making a new all time high of 1.6038. Within this volatile movement we never got additional trades as we had to wait patiently for our 1 hour context to give us the go-ahead for longing the EUR and Cable once again.

Herewith is my daily video recap for July 15, 2008, in which I discuss what happened on the market today, in our Live Forex Trading Room.

Today's Probability Studies can be found on our blog right here:
http://blog.fxinstructor.com/15-july-probability-studies-focus-on-bernanke-uk...

To learn more about the Live Forex Trading Room, please visit:
http://www.fxinstructor.com

Category:

Education

Tags:

• forex
• trading
• market
• analysis
• commentary
• eur/usd
• euro