Hi ,
Trade Room Performance 04-06
+145 Pips for the day, +303 Pips to date, for the month
Yesterday 19 trades were taken returning +145 pips. You can view details of our trades at (Trading Record).
Trade Ideas For 04-07
Trade Idea EURUSD: After setting new recent high on the 4hr chart yesterday, Euro has begun to retrace. Support lies between 4249 and 4226. and below this at 4190. If the ECB doesn't raise rates as expected some caution has to be shown when taking possible longs positions. On the short side 4350 and above that 4415 should provide resistance. Again, if the ECB were to raise rates by more than 25bsp expected then caution needs to be shown.(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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