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Forex Webinar For January 16, 2014

Click Here To Watch Video Live Webinar From Thursday, January 16, 2014
Live Webinar From Thursday, January 16, 2014
By: Melvin P.

Thursday, January 16, 2014

During today's trading webinar, we discussed the price behavior in both the EUR/USD & AUD/USD pair, and the strong recovery seen in the greenback after the dismal Non-Farm Payroll reading from last Friday.

The Aussie fell 140 pips and sunk to its lowest level in 3 years due to soft employment numbers for the month of December. Employment dropped 22,600 versus the forecast of 10,000 jobs created for December and labor participation fell to its lowest level in 8 years.This news put downward pressure on the Aussie which triggered other commodity based currencies to follow suit as well.

US dollar weakened against the euro & yen after CPI (Consumer Price Index) data showed that overall inflation in the US is still weak, which allows the FED to take their time reducing the size of its taper each month.

In today's V.I.P. webinar, we briefly discuss the current price behavior in the EUR/USD pair and the fundamental news & events pushing market prices. We also attempt to place a few live trades using the Slumdog Forex trading system.


July 2, 2013 Forex Webinar

Click Here To Watch Video Live Webinar From Tuesday, July 2, 2013
Live Webinar From Tuesday, July 2, 2013
By: Melvin P.

Tuesday, July 2, 2013

In today's V.I.P. webinar, we briefly discuss the current price behavior in the EUR/USD pair and the fundamental news & events pushing market prices. We also attempt to place a few live trades using the Slumdog Forex trading system.


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