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ForexPros Daily Analysis April 27, 2011
Today: Free webinar on ForexPros - Fibonacci... Easy as ABCD
Expert: Andrei Knight
Start: Wed, Apr 27, 2011, 08:00 PST
End: Wed, Apr 27, 2011, 09:00 PST
Fibonacci need not be difficult! Learn a simple ABCD pattern, which can easily be used to trade news spikes, long-term positions lasting several months, and just about everything in between. Join leading fund manager and trading coach Andrei Knight for this exciting instructional webinar which will transform the way you look at charts and help you achieve better trading results.
Mr. Knight is the author of "Trading Forex for a Living" from Harriman House, as well as FXStreet's forth-coming DVD "Fibonacci: Unlocking the Market Code".
Click here to join free
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Dollar Index fell into a new low as expected, after the market made only small, three wave recovery up to a trend line region, which reacted as a very good resistance. An updated count now suggests that a decline from 74.53 is a final leg of an impulsive structure from 76.08, so we really should not be surprised if dollar finds some buyers in sessions and days ahead.
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Forex Trading analysis written by Gregor Horvat for Forexpros.
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New on Forexpros, the Forex Volatility Calculator!
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Disclaimer:
Trading Futures and Options on Futures and Cash Forex
transactions involves substantial risk of loss and may not be suitable for
all investors. You should carefully consider whether trading is suitable for
you in light of your circumstances, knowledge, and financial resources. You
may lose all or more of your initial investment. Opinions, market data, and
recommendations are subject to change at any time.
Today: Free webinar on ForexPros - Fibonacci... Easy as ABCD
Expert: Andrei Knight
Start: Wed, Apr 27, 2011, 08:00 PST
End: Wed, Apr 27, 2011, 09:00 PST
Fibonacci need not be difficult! Learn a simple ABCD pattern, which can easily be used to trade news spikes, long-term positions lasting several months, and just about everything in between. Join leading fund manager and trading coach Andrei Knight for this exciting instructional webinar which will transform the way you look at charts and help you achieve better trading results.
Mr. Knight is the author of "Trading Forex for a Living" from Harriman House, as well as FXStreet's forth-coming DVD "Fibonacci: Unlocking the Market Code".
Click here to join free
---
Dollar Index fell into a new low as expected, after the market made only small, three wave recovery up to a trend line region, which reacted as a very good resistance. An updated count now suggests that a decline from 74.53 is a final leg of an impulsive structure from 76.08, so we really should not be surprised if dollar finds some buyers in sessions and days ahead.
---
Forex Trading analysis written by Gregor Horvat for Forexpros.
---
New on Forexpros, the Forex Volatility Calculator!
---
Disclaimer:
Trading Futures and Options on Futures and Cash Forex
transactions involves substantial risk of loss and may not be suitable for
all investors. You should carefully consider whether trading is suitable for
you in light of your circumstances, knowledge, and financial resources. You
may lose all or more of your initial investment. Opinions, market data, and
recommendations are subject to change at any time.
