Euro Forex trading

Chronicle of the biggest, deepest and most liquid market in the world, the Eurofx market, traded on interbank spot forex market as Eur/Usd and on IMM as the Eurofx futures. Patterns include CCI patterns ZLR etc. IMPORTANT notice: Nothing in this website constitute any advice to buy or sell financial instruments. The contents of this website are for EDUCATIONAL purposes and should not be construed to constitute investment advice. Charts will be from FXCM Power Charts.

Wednesday, August 31, 2005

20050831 10:51 am ET. A breakout on the Chicago PMI data, after initial muted reaction to the weaker revised GDP data. A trading opportunity may come on a pullback to the moving averages, but the speed of movement back to the moving averages holds the key. Grinding price action will preclude the trade.

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart

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Euro Forex trading

Wednesday, August 31, 2005

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