Euro Entry

Good morning,

We entered the buy zone this morning in the Euro at 1.4855. We are 30 pips in to profit and are now managing the trade. If you are also in this trade the watch the fib reversal.

The speculation continues on what figure the Fed will cut the rate by. Consensus seems to be 75 basis points now. We will know by the end of this month and this is no doubt the theme for the month.

We want to congratulate S.J. The month of December and so far in January he has accumulated over £13,000 from his trading and looks set to increase his profits even more. He has spent a lot of time with Javid and worked very hard to learn everything. Well done S.J.

Forex Analysts

Anne Chapman & Javid Shaik