Daily Forex Market Review 10/07/11

Let’s take a look at what took place during the Canadian Employment and US Non-Farm Payroll news release as we get ready to start our trading session today October 7, 2011.
We’ll focus on relevant news, public comments, and any high impact releases that are shaping the overall market today, or in other words, considering the context of the market. Then we will look at the official trade recommendations issued yesterday and calculate profit/loss results. Then we’ll move forward with today’s analysis for all 7 major pairs plus any other pairs that are worth mentioning, and we will end the daily analysis with trade recommendations.

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Today’s Trade Result: -30 pips
October 2011: +130 pips
September 2011: +289.5 pips


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About Henry Liu

My name is Henry Liu and I am a Forex Trader and Mentor. I help traders achieve consistent income trading Forex while spending less time trading. My focus in trading is a combination of Fundamental Analysis, Technical Analysis, and Market Sentiment. Far too many retail Forex traders concentrate on just one aspect of trading, technical analysis, and ignore everything else; it is my goal (and vision) to educate every trader on how to take advantage of news trading and become more balanced traders.

You can find more information about me on my Google Profile.

Comments

  1. Thanks very much Henry, your analysis is always a great assistance to making a profitable trade ! The Market Is Always Right !!! Thanks again. .

  2. Thanks very much Henry, your analysis is always a great assistance to making a profitable trade ! The Market Is Always Right !!! Thanks again.

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