Dec 20

Forex Market Notes For The Week

Published in Forex EducationForex Analysis by bobokus | Comment (1)




It was a very volatile week where we saw the Euro climb continue its upward press to the tune of 1290 pips only to top out and then fall 895 pips; all inside of 1 week! It's not very many times where you will see the Euro outpace the GBP in range. GBP made an early run in the week climbing a little over 800 pips, only to later lose all the ground gained by falling 910 pips. Those of you who have been trading for a few years may remember the Euro being good for 70-100 pips on a good volatile day; now we're getting that much in a 1 hour candle. This just goes to show you the changes in the market conditions you’ll have to face and be able to adjust to in your trading career.

Read More...

Forex Trade Kings Club

Bobokus Forex Trade Kings Club



Add to Technorati Favorites

Forex Blog Tags