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FOREX VIDEO | NEW YORK SESSION REVIEW | June 11, 2009

Posted on June 11, 2009 at 23:24 in Uncategorized by Curt Wehrley


Inter-market correlation pointed to a rally on the EUR/USD currency pair during the first 30 minutes of today’s US equity market session. The rally broke a downtrend line, and a conservative long trade entry came in the form of a re-test of that former source of resistance. A 60-pip profit was the reward for those who closed the trade after the euro stalled near a psychological level as the London close approached. Those who held the trade through today’s 30-year Treasury bond auction, then cashed out at the daily M4 pivot point, earned a greater prize of 120 pips.

Curt Wehrley
FX Bootcamp’s Quantitative Analyst

Tags: Curt Wehrley, EUR/USD, inter-market correlation, New York session, S&P 500, trendline break

One Response to “FOREX VIDEO | NEW YORK SESSION REVIEW | June 11, 2009”

  1. on 14 Jun 2009 at 11:49 am1Diana

    Great video, thanks!

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