Wednesday, 19 October 2011

Daily Video - 10.20.11

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MYFCXM Depositing Funds Trading Signals
GBPCAD and EURGBP Over EURUSD and AUDUSD on Volatility without Trend
Unconfirmed rumors are still the key catalysts for intraday volatility in the FX and capital markets, meaning we should continue to rein in our trading expectations. Awaiting a solid trend in these market conditions, it is still better to find those pairs that offer strong setups for short-term swings or are immunce to the dominant fundamental driver that is stirring volatility: risk appetite. That means that pairs like GBPCAD and EURGBP are more attractive at the moment than heavy-hitters like EURUSD and AUDUSD...
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DailyFX Research Team
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