FOREX Trading | FOREX Training - November 9, 2006

The Bank of England raised rates today... that through the GBP correllation off. It was doing its own song and dance.Therefore, for today's US Trade Balance release, I focused on USD/CHF and EUR/USD. We used NewsTrader Pro to identify a likely pattern after we got the headline number (better than expected). After it was all said in done, price moved just as it should have. Two trades were ideal. The first was the break of the 5 min candle support for MAP and a second trade at the break of the M4 resistance for much more than MAP. Even an extremely conservative trader had the potential to succeed... twice. Live FOREX Training | Everyday http://www.fxbootcamp.com

Category:

News & Politics

Tags:

• Forex
• training
• Currency
• Dollar
• Money
• FX
• 4X
• trader
• Foreign
• Exhange

[DDDianaDDD]

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