Daily Video - 10.12.11

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AUDUSD and Risk Trends Retreat Early Wednesday, Still Lacking Conviction Volume was just as lackluster Tuesday as it was the previous trading session - leaving us ultimately with a lack of conviction that curbs the development of meaningful trends. The influence that the market's bias or conviction has over price action was made very clear against the backdrop of a roadblock for the Euro's EFSF expansion vote. How do we factor this market activity and fundamental bearings into our trading? We discuss this and more in today's video.   Watch the Video Here Best regards, DailyFX Research Team research@dailyfx.com DailyFX Home | research@dailyfx.com | Contact US ©2009 DailyFX. All Rights Reserved. Forex Capital Markets, L.L.C.® assumes no responsibility for errors, inaccuracies or omissions in these materials. Forex Capital Markets, L.L.C.® does not warrant the accuracy or completeness of the information, text, graphics, links or other items contained within these materials. Forex Capital Markets, L.L.C.® shall not be liable for any special, indirect, incidental, or consequential damages, including without limitation losses, lost revenues, or lost profits that may result from these materials. Opinions and estimates constitute our judgment and are subject to change without notice. Past performance is not indicative of future results.

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