An overview of the
currency markets by 
Greetings. We hope everyone enjoyed their weekend. For those of you that attended the Forex Trading Expo in Las Vegas, I hope you had a good time. Perhaps next year you will attend one of my seminars or group discussions at the expo. I know I will soon see all of you at an upcoming ITC from FX Street.
Let’s take a look at the EUR/USD. Let me first state that this is a risky set-up (of course, all trading set-ups are in some way ‘risky’). However, this does show a good example of utilizing your Risk vs. Reward Ratio.
One Elliott Wave count is looking at a Wave 3 Impulse move down. The high of 9/15/08 serves as the invalidation point, as that is the completion of Wave 2 - put your stop right above there. If this forecast is correct, look for the pair to head down below Wave 1, potentially to the 1.3700 area.
Again, this is a RISKIER set-up than I would prefer when trading but it is a valid count. Proceed with caution and utilize your money management techniques.
Good luck.
Is it to sell or buy?
please expain
Regards
Hello
At what time is the fomc minutes taking place today and would it be published here.
regards