Hi there fellow traders!
First of all, the bullish probability has given us some serious trading opportunities right at the start of the Dollar decline although this particular two hour session gave us all but nothing in terms of price movement. We saw price consolidating after the big more and never got any additional bullish signals.
Once again, we had a great session in terms of education as we discussed the Probability Study Technique in depth as well as the most important concept of Drawdown, the most important aspect of system development.
Herewith is my daily video recap for July 11, 2008, in which I discuss what happened on the market today, in our Live Forex Trading Room.
To learn more about the Live Trading Room, please click here.
Today’s Probability Studies can be found on our blog right here:
http://blog.fxinstructor.com/11-july-probability-studies/
