Forex Trading Signals - June 11th 2008 - Round-up

Hi Traders,

We were on the sidelines for the majority of the day, as a lot of the pairs we trade were in the mddle of their ranges, and this is a rangebound market.

In the afternoon session, we closed out our ucad short for +38pips, as we felt a bounce was imminent as there wasnt a lot of follow through since yesterday. We'll look to sell this again when the price is right.

At the moment, the market is being lead by what is happening in oil. So we are watching this market closely.

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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