Today’s Trade Result: -65 pips
November 2011: +5 pips
October 2011: +965.5 pips
September 2011: +289.5 pips
Let’s see and analyze some news events that took place over the Asian and European hours, including EU ECB’s rate cut decision and press conference, as we start the US trading session today November 3rd, 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.