Daily FX Training | Learn Forex with the Dynamic Traders

Dynamic Trader Blog - Forex Chart Pattern Signals

Monday, March 01, 2010

Euro Dilly Dally

Morning dynamic traders,

I would like to congratulate the trading room members. From our last members only webinar, it seems more than originally thought have pocketed profits. In fact, all our forex trades have managed wins except the Euro.

Since we entered the Euro it has dipped in and out of profit and this indecision is based on the bulls and bears unsure of which direction to take. We beleive the Euro Dollar has more weakness ahead but we could see consolidation or a pullback before that happens.

Overnight we have more profits added to our trading accounts from some of the trades (not the Euro) we discussed on the last webinar and previous webinars. In fact, from the beginning of the year our forex trades have accumulated very good profits. As previously mentioned, it is easy to get a feeling of invicibility when so many trades do so well but it is very important to follow our rules at all times but especially when so many trades are in so much profit.

John Maher has indicted some of his trades. You can view some of his current forex positions here.

Good trading for the week ahead dynamic traders.

Javid Shaik
Dynamic Trader

Labels: