FOREX VIDEO - New York Session Review - October 20, 2009

Source: blogs.fxstreet.com

The U.S. dollar had been mostly range-bound through today’s Asian and London sessions. At the U.S. equity market open, the major stock indexes showed red, and with it came USD strength. The EUR/USD currency pair offered a classic second chance entry after a range breakout move. A 60-pip profit was the reward for traders who let that trade run to the London close, while the cable produced a move roughly double that size. Curt Wehrley FX Bootcamp’s Quantitative Analyst


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