Are you trading today? Or the rest of the week?
I have a trade open, and will definitely think it twice before opening a new one. Why?
Take a look at some of the announcements left for the rest of the week:
Wednesday:
NZD Interest rate
AUD Employment change
Thursday
GBP Interest rate
CAD interest rate
Friday:
USD Non-farm payrolls report
CAD Employment change
So be careful alright… you never know what could happen and how the market will react.
Have in mind what happened last week with Bernanke’s speech, it change the market sentiment in more than one currency pair.
Trade Safe!
Raul Lopez
Forex Training