Monday 5 May 2008

Tricky Action and Lack Conviction Monday

European & Late Session
No trade

US Session
No. of signal recommendations: 2
End-of-session results: GBP/JPY(+10 pips) and AUD/USD (-25 pips)
Maximum potential: 20 pips

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A choppy day after Friday's non-farm payrolls report. Dollar bulls seemed to lack buying conviction despite the better-than-expected ISM number. Lack of market participants as well may be because it's a public holiday in UK today. Perhaps I should have spent the day outdoor too :)

1 comment:

haz said...

You must invest in the wifi laptop mate ;-)

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