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Dynamic Trader Blog - Forex Chart Pattern Signals

Monday, October 01, 2007

Euro Dollar


Chart courtesy of Metastock. Data provided by eSignal.

Spent last week in Milan with friends. Had a wonderful time. We managed to all catch an Inter Milan game, shopping (had to buy two extra suitcases), eating what seemed the worlds biggest pizza and took a boat ride along a lake passing famous peoples homes such as George Clooneys. All in all had an excellent time! This was our first trip to Milan and I would highly reccomend it.

I have shorted the EURUSD (15 minute chart) for day trading. My strategy produced a sell signal during overnight and at the time of writing this I have already made a profit. I will soon start to scale out.

We have the US ISM out today. Thursday and Friday are busy days so prepare yourselves beforehand.

As always please do your own analysis.