Hi Traders
How Traidng Things going with you Today...
U.S. Dollar Trading (USD)- traded at record lows once again as the credit market stress continued to rear its ugly head. In data related news the Core CPI figures eased from eased from 2.5% to 2.3% (y/y) for the month of February, highlighting the U.S. slowdown...
USD/CHF-The 4 hour chart is showing a fresh cross on the slow stochastic, and RSI which is floating around the 40 level. This means that on the short term we might see the pair correcting back to the 0.9950 level before resuming the very strong bearish trend. Traders might want to keep track of the pair's fresh high before entering the market with a short position....
FX System News: I thought you might be interested to take a look at a live account traded by the guys over at 5EMAs, using the advanced techniques from their 5EMAs Ultimate Trader system.
The account was opened at the end of October last year with $20,000 yet less than 12 weeks later (including the Christmas holiday!), the account grew to a staggering $103,000! - 136 trades and only 6 losses!! Just Go Here forn details...
Good luck to all...
Forex.DelijaWorld.com
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