Live Day Trade Review

Hello Traders,

Today I wrote an article about our very eventful and short session today that netted over 100 Pips since I took multiple trades on the way down on this EUR/USD short. The Live Day Trade review will consist of the EUR/USD. At the 1.3100 level I was watching this level like a hawk early morning. It is important for me to see orders and read the flow as I like to do each morning, this gives me a clear picture of where the good trades may be. When I do the live day trade review I would like to be clear that I understand not everyone can afford or be in our Trading room so I would like to make this analysis available to the public.

Live Day Trade Review

EUR/USD Short from 1.3095 profit taken at 1.2995. See BT's performance link here

Let's get to the numbers. NFP came in at much better than expected as the U.S. unemployment also declined to 7.7%.

Italian Downgrade: Fitch downgraded 'BBB+' from 'A-', citing the results of the Italian elections and worse than expected recession as the main reasons. Fitch also kept negative outlook on Italy, so we may see another downgrade soon.

Below is a Video to see the Live Day Trade Review for 3-08-2013. If you would like to join our live trading room, or join our public twitter.

We have a Forex Day Trading room 3 for 3 special until 3/15/2013.