Late New York Session USD Strength

The USD gained some late strength today and is now having an interesting effect across the board. We’ll look at the EUR/USD, GBP/USD and especially the USD/CAD:

 

 

The following two tabs change content below.
Winners Edge Trading was founded in 2009 and is working to create the most current and useful Forex information and training available on the internet.

Winner’s Edge Trading, as seen on:

Winner's Edge Trading in the news

  • NathanTucci

    Thanks for commenting! I appreciate the compliment very much!

  • NathanTucci

    Hey Mart, yes, we’ll see if we can get a nice price action signal.. right now, it is very easy for price to drift lower because of the downward pressure, but a good bounce off a good level could be right around the corner.

  • NathanTucci

    Hey Michael, thanks so much for the positive feedback! I am glad you are finding a benefit it, and like you said, I think taking that step back is a critical component to long term profitability.. The Market is always changing and we must adapt if we want to be profitable… Thanks again, I appreciate the support!

  • Michael

    Bravo Nathan!! What are you crazy? Using multiple time frames to trade and support and resistance. Love the REAL traders insight, people pay big money for this insight and you give it to us free! Yesterday your analysis on the eur/usd has me hooked. I am now a fan of your daily analysis as you said “I’m not getting this right”, and so you had to step back and revaluate .No one does this, they blame the market, and don’t take responsibility like you did! Keep it up.

  • prosperous trading

    Fantastic – so well covered

  • Mart.

    Hey, Nathan.
    I like your confidence in USD/CAD.
    Hopefully, might get in there soon.