EURUSD shooting star on 11 Sep 2009

Dear all,

expecting another choppy session during the US sesison today and EURUSD to close as a shooting star today as its facing its first resistance levels at 1.4677.

As buyers are having some problems closing above 1.4600, do remember to take reasonable expecations for your posistions.

Regards,

Siwei

USD Bank holiday today

Dear all,

be careful for all your usd pairs today as its a Bank holiday for USD.
Market volumes and voltility will be low during the US session.

During the Asian and European session, do trade carefully and only enter a position when there is a good setup. Remember to set reasonable target profits for your scalping trades today.

Regards,
Siwei

6 Sep 2009

Dear Graduates,

7 Sep 09 is a holiday for banks in USA. The market is less volatile and the bid spread could be bigger than normal. Consider the Risk Reward Ratio before you enter any trade.