London session review and outlook June 18 - 2012
Review of markets covered in today's edition of Bulls vs. Bears: EUR/USD, GBP/USD, AUD/USD, FTSE100, S&P500, Gold, Brent Crude and WTI.
Regards
Alejandro Zambrano
Currency Strategist | DailyFX Forum (London) azambrano@fxcm.com
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Pip and Run Trading Results: 3 Wins out of 3 Trades for +38.3 Pips
Pip and Run Trading Results: 3 Wins out of 3 Trades for +38.3 Pips
Global equity "Risk On" sentiment carried over to the currencies as the US Fed is expected to weaken the dollar to stimulate the slowing US economy. Commodity currencies are the big winners at the expense of the US dollar and Japanese yen.
Australian dollar and Euro breaks above morning highs provide good break out setups.
Terry, John, Brian, and Scott were Pip and Run trading room heroes with their participation.
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VIX Trading at Session Lows Could Rebound taking Stocks/Yen Pairs Lower
VIX Trading at Session Lows Could Rebound taking Stocks Lower
Last edited by Gregory McLeod; 06-19-2012 at 01:07 PM.
Trader, Gregory McLeod moderates the DailyFX Forum.
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London session review and outlook June 19 - 2012
Review of markets covered in today's edition of Bulls vs. Bears: EUR/USD, GBP/USD, AUD/USD, FTSE100, S&P500, Gold, Brent Crude and WTI.
Regards
Alejandro Zambrano
Currency Strategist | DailyFX Forum (London) azambrano@fxcm.com
Joining DailyFX Forum is free and offers an extended range of features, including: Replying to other peoples' threads and receiving email notification of replies to posts and threads you specify. Click here to join.
Take the New DailyFX Forum Poll: What will happen to the Yen after the Fed decision?
Take the New DailyFX Forum Poll: What will happen to the Yen after the Fed decision?
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Please use the “Ask the expert” section to ask me trading questions or reply to me in this thread.
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+55 in the green. Daily MACD looking good and bullish. A daily close above the 200MVA would do well to support the move higher. Onward to 64.75 and TP.
6/19/2012 SSI Update: Euro Direction Difficult as Retail Traders Once Again Short
SSI: Euro Direction Difficult as Retail Traders Once Again Short
Trader, Gregory McLeod moderates the DailyFX Forum.
If you are a new user to the DailyFX Forum, or not sure where to get started, please go to: How To use the DailyFX Forum and Introduce Yourself! Section. I’ll introduce you to the community and point you in the right direction.
Please use the “Ask the expert” section to ask me trading questions or reply to me in this thread.
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