Total Profit = $26,522.50 in one Week

We decide to close all the trades open just 10 minutes before the news.

As you know during the news the profit can become bigger or can get much smaller. So we decide to lock the profit we have of $26,527.50.

Today the FOMC is going to announce the interest rate. While it's more likely that they will leave funds rate unchanged at <0.25%, investor's focus will be at the statement about economic condition. If they give an optimistic view about economic recovery progress, the Dollar should be weaken as risk appetite increase. On the other hand, if they give a pessimistic view, Dollar should gain as risk aversion increase.

Watch what happened to our Last Trades !

The Same Trades We Had on Last Thursday Turned from $13,830.50 into $20,376.50 Today

12 % in 24 Hours

$ 13,830.50 Profit in less than 24 Hours for an account of $100,000.00

First Target at 1.5043 = 118 Pips Profit

Long EUR / USD @ 14925

Click above to view the Presentation

Long EUR / USD @ 14925

EUR / USD Forecast for Tuesday

The EURUSD slipped above the range are of 1.4850 - 1.4950 yesterday, topped at 1.4980. The bias is Bullish in nearest term targeting 1.5077 and 1.5172 but we need a consistent move above 1.4925 to confirm the Bullish scenario.

Any movement back below 1.4925 area should lead us back into No Trading Zone, re-testing 1.4870/30, but the mode remains Bullish and short position is not recommended unless you are watching a small retracement just to cature 20 -50 pips.