Forex Day Trading Room

EUR/USD Greetings Traders... We are about 1 1/2 hours until London opening and looking at the news for today it look like a hodge podge of events. We will check them closly as they come into focus and if we see anything we will report. EUR/USD broke early yesterday and was giving mixed signals all day. We are holding just above 1.3300 the figure right now with downside bias but not much momentum. This could change OR we could see some consolidation ??? just not sure right now. We will keep an eye on direction and keep our trades tight behind the boat. Watch the timing of your trades and keep an eye on the signal to square your acount as this may be a day for scalping the 10/15 pip trades. Again we'll see. If light volume in the market does a whip saw price action keep your eye on the 1 min / 5 min charts. FXDMG

Forex trading - live day trading course and currency trade room.