January 10th Analysis - EURUSD - Sardar Uddin

USD pairs were range bound and moved sideways, first first leg going short and recovering towards end of NY session. Expect Sideways to Long move

Outlook USD Weak to Neutral

Fundamental Watch

Asset Purchase Facility
Official Bank Rate
MPC Rate Statement
Minimum Bid Rate
Building Permits m/m
ECB Press Conference
Unemployment Claims

Awaiting Feedback !!!        

Best

-Sardar

Trading Forex (foreign exchange) on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial adviser if you have any doubts

Views: 165

Comment by Munish Seth on January 10, 2013 at 5:18am

Hi Sardar,

Thanks for sharing your views on with this community. It would be further helpful for new traders if you could also add the SL in your blogs.

Comment by Sardar Uddin on January 10, 2013 at 5:55am

Thanks for your feedback Munish..

In this setup bottom of Grey zone will be my SL.

Best

-Sardar

Comment

You need to be a member of Forex Social Network to add comments!

Members

© 2018   Created by FXStreet.   Powered by

Badges  |  Report an Issue  |  Terms of Service

Offline

Live Video