Lower than normal volatility and a general lack of direction characterized today’s foreign exchange market. An 80-pip scalp trade on the GBP/JPY currency pair was about as good as it got for traders during the New York session. Curt Wehrley FX Bootcamp’s Quantitative Analyst
FOREX VIDEO | NEW YORK SESSION REVIEW | July 22, 2009
Source: blogs.fxstreet.com
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Obviously the model is still out of form!
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FOREX VIDEO | NEW YORK SESSION REVIEW | July 14, 2009
Lower than normal volatility and a general lack of direction in currency markets meant only snack-size profits during today’s New York session. A routine go-long-at-the-hourly-21 trade yielded a 40 pip profit before the London close. Curt Wehrley FX Bootcamp’s Quantitative...