Hi ,
Trade Room Performance 02-28
+43 Pips for the day, +1564 Pips to date, for the month
Yesterday 10 trades were taken returning +43 pips. You can view details of our trades at (Trading Record).
Trade Ideas For 03-01
Trade Idea EURUSD: After a sharp move up, Euro again tested the upper level of its recent range at 3860. It was again rejected with a move back below the 38 big figure, but recovered slightly later in the session. It is possible a double top may have formed on the day chart and that a move back toward 3430 may take place. However, another try at 3860 can't be ruled out and a break would bring 1.40′s back into view. On the short side any retracement could find resistance at 1.3636 where the 100 day MA as well currently lies.(See EURUSD charts)
Safe trading
Paul Simpson
Visit our site at www.forextraderscorp.com and watch our trading ideas at www.tigerpips.com
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