Learn To Trade Forex and CFD's with Nial Fuller...
PRICE ACTION FOREX TRADING COURSE
Daily Forex Market Commentary:
Stock markets rose today as investors pushed up Health stocks, the Dow closed up over 115 points as hopes over the economic recovery improved.
This week’s upcoming earnings reports will help lay the course for stock market direction this year.
Currencies:
The U.S. dollar was mixed today, the Euro took a hit against most of the majors as the continuing issues in Greece work to pull the Euro-Zone currency down. The U.S. dollar gained big on the euro and Swiss Franc, lost a bit of ground to the British pound, but closed up against the other major FX currencies.
Crude oil gained on the back of a rising U.S. stock market.
Pair in focus: EUR/USD
We can see the fakey setup from our commentary on 1-17-10 came off quite nicely over the last few trading sessions. Fakey setups and other price action setups are discussed at length in the member’s forum and in my trading course. We also discuss specific entry techniques to “fine tune” your trading.
For a more in-depth analysis of the Major FX Pairs and Price Action analysis please check out my price action trading course.
