Thursday, March 09, 2006

Forex Trade- 3/9/06

4:00 pm EST- No Trades

Hello everyone. Trade deficits were wider than expected causing the Euro to rise but apparently it wasn't enough to make a major impact as the market corrected itself within an hour. There was an Alba breakout at 9:10 but because Fed governer Kohn was speaking at 9:30, we did not enter. After the testimony, the market pretty much stayed flat resulting in no trades for the day. Cheers! ~Big Pippin

Result: +0 pips

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