Forex Trading Signals - June 10th 2008 - Round-up
Posted by Editor at 6/11/2008 1:42 PM and is filed under uncategorized 
Hi Traders,
In the UK Session, we had Industrial Production out of the UK. We sold GU prior to the data. The data was better than expected, however, the trend at that time was for a down trending £.
We only netted 8pips on this trades as with post-news moves they are unpredictable.
In the afternoon session, The CAD bank didnt raise rates as expected. This was a big surprise. We took the opportunity to sell UCAD at 1.0201, on the assumption of some profit-taking following the run up in this pair.
More updates tomorrow.
If you wish to develop your forex trading and to join our room, please sign up below:
http://www.forexlivepro.com/members/signup.php
In the UK Session, we had Industrial Production out of the UK. We sold GU prior to the data. The data was better than expected, however, the trend at that time was for a down trending £.
We only netted 8pips on this trades as with post-news moves they are unpredictable.
In the afternoon session, The CAD bank didnt raise rates as expected. This was a big surprise. We took the opportunity to sell UCAD at 1.0201, on the assumption of some profit-taking following the run up in this pair.
More updates tomorrow.
If you wish to develop your forex trading and to join our room, please sign up below:
http://www.forexlivepro.com/members/signup.php
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