Forex Market update

Our PMTP Alert for 12:10pm made the most impact on servers at FXCM — leaving the market and several other dealers and quote/feed providers confused…..I guess. It did cause a ripple and full reload in the productivity which was delayed by about 50 minutes. Comstock was in step, uniterrupted, but it appeared interbank liquidity providers were more in…

U.S Forex Market Summary

If you followed my forecast from Thursday the 22nd posted at 5:13 pm you would have benefited from both a bearish fall ending nearly 90 pips shy of the intended target but offering at least 130 pips of net profit. The bearish whip and reconfirmation of new resistance in the 2975/90 area offered tremendous profits…