Monday, September 26, 2011
In today's video, you will hear a brief synopsis about the price behavior of the EUR/USD and see common levels of support & resistance to look out for when trading with the Slumdog Forex Trading System.
Wednesday, September 28, 2011
We began this week's webinar by discussing the fundamental reasons behind the week's relief rally in the EUR/USD pair . All 17 nations within The European Union, were scheduled to vote on whether to expand the EFSF or keep it at its preexisting level. Ironically, some traders considered this to be good news for the market. Many investors were already pricing in the expectation of a leveraging of the EFSF bailout fund and also some type of plan or route for Greece & the growing debt concerns in the Eurozone.
We also discuss why many analysts believe that we will continue to see the Euro weaken throughout the rest of the year to 1.25 or 1.29 levels. This is done using the A-B-C-D Wave principle.