Wednesday, November 9, 2011
In today's video, you will hear a brief review about the price behavior of the EUR/USD currency pair and where price will be heading within the next few weeks. Today, we saw a 300 pip slide in the pair since late Asian Trading session as the Italian 10 year bond yields surged above 7.00% to record levels. We can expect more risk aversion as investors continue to pile into the greenback for the remainder of the week.
Monday, November 7, 2011
During this trading day, I entered 2 consecutive trades. The first trade was buy order I had placed 15 minutes after the New York Opening Bell which resulted in a 5.59% gain. My second trade was a sell order that resulted in a 3.18% gain. Both trades resulted in a 8.77% increase or gain in the account balance for the day. The total number of pips were ~32 pips.