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forex trading webinar on March 7, 2012

Click Here To Watch Video Live Webinar From Wednesday, March 7, 2012
Live Webinar From Wednesday, March 7, 2012
By: Melvin P.

Wednesday, March 7, 2012

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


EUR/USD Technical Analysis March  6, 2012

Click Here To Watch Video EUR/USD Daily Technical Analysis For Tuesday, March 6, 2012
EUR/USD Daily Technical Analysis For Tuesday, March 6, 2012
Video Running Time:00:04:51
By: Marvin P.

Tuesday, March 6, 2012

The major theme for today was risk aversion or flight to safety in the market as we witnessed a 123 pip decline in the EUR/USD currency pair from its session high of 1.3226 to the session low of 1.3103. We saw weakness across multiple asset classes, like equities & commodities, as investors fear the likelihood of recession in the Eurozone, poor global growth, and concerns over the Greek PSI agreement. The EUR/USD pair is currently in consolidation above the 1.3100 psychological zone ahead of the Asian Open.

In today's technical analysis video, we discuss price action within the EUR/USD pair and identify trade entries around common areas of support and resistance.


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