A round of applause for our Pound guy Pierre Yam for making +190pips combined on GBP/USD yesterday. I have been in the market long enough to know that there’s no room for celebrating a day’s profit, but smart enough to know that he deserves a big pat from me 
Anyway, my intraday call yesterday went into Breakeven (again!) Yeah, I know… Just be a little bit more patient, guys. The market WILL move.
We have some big potential movers up at 9.30pm (GMT +8) in Core CPI + Unemployment Claims (was 383k last week, remember?”)
I don’t have much to say about Unemployment Claims, but if you see Core CPI figure gone negative, I feel we have a very strong reason to BUY EUR/USD. Technically, I have drawn the recent channel eur/usd price moving in, and I am confident that with our Forex Signals, trading in the channel then we are pretty safe.
For now, I’ll look for a long if market goes a little oversold at 1.3540, and I’ll attempt a short if market goes overbought at 1.3620. Don’t ask me how I know when its oversold/overbought, I’m no wikipedia.
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