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The GBPUSD trade from the last post ran over 100+ pips. We have a great trendline that has been in place since yesterday and it will play a key role in our trading strategy for the upcoming sessions. Please take a few minutes to view the following video for the trade setups that we are looking to develop. Thank you for viewing our forex training video.

http://www.youtube.com/watch?v=lifh_AbCUs0

Good Hunting,

Seth Gregory
www.forexactivetrader.com
www.fxdailytrades.com

The EURUSD trade from the last post was stopped out first for a loss of 45 pips and then we were taken into a buy that made 70+ pips. It is important to learn that losses are part of trading and that they are ok as long as you know why you lost. There are three trades we are going to be looking for in the upcoming sessions. The price spike from the news announcement was not able to be sustained. Please take a few minutes to view the following video for the trade setups that we are looking to develop. Thank you for viewing our Forex training video.

http://www.youtube.com/watch?v=4ODDs6tCLvo

Good Hunting,

Seth Gregory
www.forexactivetrader.com
www.fxdailytrades.com

http://www.ablesys.com/fxcm

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[COLOR=#000000][FONT=Times New Roman][FONT=Georgia][B]Tension towards the rate decision by the Federal Reserve causes tight range trading the forex markets. Eyes are on Ben Bernanke's statement, that will move the markets out of the range. Will he [I][URL="http://www.forexcrunch.com/the-panic-factor-dollars-jumps-on-fear/"]calm the markets[/URL][/I][/B][B]? Here are 4 scenarios:[/B]

The Federal Reserve will announce the new rate at 19:15 GMT. Since there's a zero chance of a rate hike, eyes are on the FOMC Statement.

In March, Ben Bernanke stunned the markets with a huge, [B][I][URL="http://www.forexcrunch.com/fomc-statement-impact-one-week-after/"]1 trillion dollar printing program[/URL][/I][/B] that sent the dollar ...