Greetings,

I am just back from Las Vegas where I hosted our first IB Mastermind. We had a great time and learned lots of cool stuff I'll be sharing more about in the future.

So what has been happening in the market here recently. Well, on the longer time frames we still don't have much indication for the next big trend, so we are sticking more with the 4 hour charts at the present moment.

There is still plenty of volatility on almost all currency pairs, so swing trading is giving us the best opportunity. I have heard mixed results from many day traders, but as long as you are trading during the London and New York sessions I still think there is a lot of opportunity there as well.

Ok, on to the market reiew where I spend about 5 minutes analyzing the EURUSD 4 hour chart. If you are currently long based upon the two fractal breaks I will point out it may be a good idea to take some of your profits off of the table and let the rest ride.

Check out the video below.


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To your trading success,
Cecil Robles

Labels: Market Analysis