Forex Profit Alert: July 3, 2008

July 3, 2008 · Print This Article

The USD gained ground against the Yen, Pound, Swiss Franc, and the Euro during today’s session. The occurred after the U.S. released their Non-farm payroll for June. The employment figures were a little lower than expected, but much better than the street had thought.

We have five pivot trades on for this next session. At the close of tomorrows session, we should have a new pivot low trade. This will requirer you to adjust your order. The ranges are likely to be smaller than normal due to the U.S. holiday. It’s a good time to trade a counter-trend system on the hour time frame if you have one.

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Comments

One Response to “Forex Profit Alert: July 3, 2008”

  1. MC on July 7th, 2008 5:33 pm

    I liked the old style text updates better than the video. I can read them anywhere and make notes. The video is a “wizbang” feature but adds no value for the true forex trader. Why don’t you offer both?

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