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Forex Trading Room 6-27-2017

  • TailoredTrader.Com
  • Jun 28, 2017
  • 1 min read

After some range bound markets last week we finally have some movement with follow-thru with prices. Mainly based off the statements/news that came out from ECB President Draghi. The Euro took the statements made and broke higher from a Mid Weekly Range break higher.

With "statements" from Central Bank Presidents, markets will tend to "lean" on a particular statement within the whole conference and typically be the driver of price movements. Without getting into detail about fundamental analysis in a Youtube description section. My advice is find a "news" statement source to prepare for such events. Sometimes its best to wait until after the news announcement and see how price action is reacting. There are moves to catch even "after" the news, seen in this video. Trade safe. Visit www.tailoredtrader.com where I'm offering a 1 week free trail to watch me trade live.


 
 
 

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