Forex Opportunity Video

Today’s trading room setups: EURUSD, GBPUSD, EURJPY, GBPJPY, AUDUSD. Trade management on EURCAD, GBPCAD, EURAUD, GBPAUD, CADCHF.
The Winner’s Edge Trading Room consists of live trading every Tuesday, Wednesday, and Thursday from 8am through 10am EST (13:00 – 15:00 GMT).
This is not just an analysis room; this is a TRADING Room. Here’s the recap from Today’s Room:

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  • Raja KS

    Thanks Chris

  • Chris Svorcik

    Hi Raja, primarily because we know that the Forex market hardly moves during Asian session. The only pairs that could move a bit are the Yen, Aud, Nzd. But non-Asian currency pairs like the EURUSD, GBPUSD only up and down a few pips. I did statistics on the GBPUSD and in 90% of the cases it never moved beyond a 30 pip range for the first 5 hours I think it was. So a break was not likely and if it occured then I doubt the break would get lots of follow through at that time of day.I definitely encourage you to check this time factor for day trading.

    Thanks for the question!

  • Raja KS

    Hi Chris, why did you prefer EU to break the dark green trendline during euro session over asian session?