Thread: news trading
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Old 06-03-2008, 09:50 AM
Jerry Jerry is offline
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Hello David...Thanks for all you do...Couldnt help but notice...today @ 9am chairman Bernanke made a quick speech which sometimes may give a hint regarding the future plans of the Federal Reserve etc.. I was not involved on any forex trade at the time..( and thankfully not on the wrong side either..).but as of this writing..I noticed that the eur/usd has moved over 150 pips alone...all US pairs have made major moves...the us dollar had strengthened...but my question is...How does this move happen SO INCREDIBLY fast? Started moving exactly @ 9 oclock AM..and how could we have traded this..??
Thanks,
Jerry
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