Hi there fellow traders!
What an interesting US session!
Firstly, the Fed’s Yellen reiterated that the Fed should act on inflation and then the equity market (Fannie and Freddie) sells off..
This sends the EUR/USD surging higher, giving us a bullish probability. Talking about the US afternoon session having a probability changing effect…
Herewith is my daily video recap for July 8, 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/08-july-probability-studies-focus-on-bernanke-today/
