Tuesday, April 6, 2010

Forex Day Trading Room

EUR/USD We has seen four failed attempts to approach or pierce 1.3400 the figure. IF the price action does drop below 1.3400 be careful as this is a favorite trick to engage new sell orders and then quickly retrace, pivot and head back to higher 1.3400 numbers. This is only a caution as it may very well be that the market is going further down BUT wait for a good signal before committing. FXDMG

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