Thursday, February 9, 2012

Forex pairs to observe-2.8.2012

The pound, Euro and U.S dollar are releasing big fundamentals tomorrow. I usually avoid trade set ups when multiple fundamentals come out in one day, especially around the same time. The ECB press conference is also taking place tomorrow which of course can sway the markets one way or another. With so many variables unknown it makes it difficult to have trade set ups and predictions about market movements. As such, I don’t have any Forex pairs that I am currently keeping my eye out for. I will wait patiently for the market to react before I proceed with potential trade set ups.

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