Your Trade Ideas & Setups forThursday 05/05: Yesterday +119 Pips. Weekly Total To date +294 pips

Hi ,

Trade Room Performance 05-04

+119 Pips for the day, +294 Pips to date, for the month

Yesterday 21 trades were taken returning +119 pips. You can view details of our trades at (Trading Record).

Trade Ideas For 05-05

Trade Idea EURUSD: Euro has been trading within a tight range these last few days. On the long side 4940 is likely to be an obstacle if Euro is to attempt to reach the 1.50 the level. On the short side support levels could be found at 4810/00 and 4760's below that. Beyond that the next level is likely to be 4715 which also corresponds to the 50% fib of the last substantial leg of the recent up move.(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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