ForexSpirit

Another big up day for the Euro, and my entry from way back on April 4th has finally made a nice few pips.  100 of them in fact.  Not bad for a Q3 entry.  CPI data comes out tomorrow and in advance of that I expect a slight retracement.  If it does I’ll [...]

A continuation of yesterday’s nose uptrend resulted in me closing my Q3 entry for a respectable 40 pips.

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After anice break celebrating Passover up in New Jersey, EUR/USD is on the move Easter Sunday night.  No London trading on Friday or Monday means that there is reduced liquidity in the market.  Since this move is in my favour I have taken profits on two of my open entries.
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Price inched lower again during early NY trading, as US retail sales and consumer sentiment data came out.  It was again capped at the 1.2065 level.

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Monday and Tuesday were very quiet days with no news releases for the market to get their teeth into.  Today there were German CPI and US deficit numbers.  The CPI was a bit weak and the deficit amount wasn’t as bad as expected (but was still pretty bad).
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