$6E_F – 30/04/13

That Euro Range is still in place and the 1.3190 HVN from the 2007-2013 profile was the HoD today.

euro_composite_trend

Market moves are rarely one-way and dealers understand that the majority of the time intra-day markets are range-bound (around 80 %), so any sharp move (gap) is likely to be faded by dealers who have the deep pockets and knowledge that the price will eventually come back to them … at least most of the time!

– Beat the Forex Dealer: An insider’s look into trading today’s foreign exchange market – Agustin Silvani (It is on Scribd).

Something appears to be wrong with one of the gallery images – it is here

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