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The U.S. dollar has strengthened against all higher yielding currencies on the fear of a global health pandemic. A respiratory disease known as the swine flu is spreading across the globe. Although it is a serious threat that has sent the Mexican peso (the outbreak began in Mexico) tumbling, the impact on the major currencies should be limited. In other words, the risk aversion relating to the Swine Flu that we are seeing today should be temporary.
This is not the first time in the past decade that we have had a major health outbreak. In early 2003, the SARS epidemic swept across Asia and rapidly infected people in 37 countries around the globe. Although it dealt a big blow to the trade and tourism industry in Asia, there was a minimal impact on the G10 currencies. Even though there was an outbreak in Toronto, the Canadian dollar managed to rally in the first four months of 2003.
Source: Fx360.com
why u did not do video for today? because today trading is a lost?
Hi Shaun,
Thanks for visit the blog again.
Unfortunately this morning I was not in the screen because of my schedule at FxForaliving. As you can see in previous post, I don’t publish trading content everyday as the main reason of this blog is educational purpose and I’ve got a busy schedule at FxForaliving.
You can see that last week I missed a big rally in Cable as well:
http://blogs.fxstreet.com/tradingliving/2009/04/21/some-pips-today-after-yesterdays-fireworks-in-cable/
That’s live !!
but u did post the analysis for the cable.
so why u did not post for yesterday? i did your method for yesterday and is a lost. i guess u don’t post losing trades from what i see. u only post those winning trades and hoping people will sign up with your money making opportunities in your website so u can make money from them.
Hi Shaum,
About the analysis, just remember that my methodology is discretionary and not automatic, so I may consider one currency pair or another one depending on the higher time frames or the fundamentals behind.
About your trading, I don’t know how did you trade yesterday. If you tell me the currency pair, the time frame, your price and time entry, your exit and the money management you used and why, I’ll review the trade for you if you want.
About FxForaliving.com, we offer trading education and mentoring. Education is necessary to improve your skills. You can do it by yourself (In Fxstreet.com you can find endless resources of free information) or speed up and improve your trading hiring a company.
Thanks for your participation!!
why not u just do the analysis for yesterday’s trade? or u can’t?
Shaun,
Unfortunately I don’t have enough time to produce a video everyday (I work as well for the Spanish channel). But you can see today’s video at: http://blogs.fxstreet.com/tradingliving/2009/04/29/hd-video-review-london-open-29042009/
Regards,