Monday, January 30, 2006

Forex Trade - 01/30/06

6:00 pm EST- No Trades

Well it was a typical Monday which means that there were no trades. Nothing exciting really happened today but I'm expecting to see some good movement this week. Be sure to check out Pip Diddy's Chart Analysis for an overview of what to expect this week. See you tomorrow!~Big Pippin

Results: +0 pips

8:00 am EST - Analysis

Good morning! Welcome back to another wonderful week in Fore trading! Hopefully we will have better trades this week. Today we have the Personal Income and Personal Spending reports coming out at 8:30 am EST. Since Personal Spending accounts for a large part of GDP, it's closely watched and considered a market mover. Consensus is at 0.8% versus the previous number of 0.3%. Let's wait until these reports come out before we trade. Remember to stay focused, good luck and good trading! ~PipCrawler

EU Session High: 1.2114
EU Session Low: 1.2074

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