Tuesday, May 24, 2011

The Local's Take: Matchmaker: SPY and EUR/USD

IBFX
Good Afternoon,
This is the second post of the day as we had some great intraday movement in both equities and forex.
First up, an intraday look at the SPY:

Past performance is not indicative of future results

Next, an intraday look at the EUR/USD on a 5 minute bar:


Past performance is not indicative of future results


Understanding the inter-market relationships between the USD and equities is crucial!
Local Tip: Free Webinar tomorrow evening at 9pm Eastern.
Happy Trading and Be Environmental Cool
Coach Brian

Forex trading is one of the riskiest forms of investment available in the financial markets and suitable for sophisticated individuals and institutions. The possibility exists that you could sustain a substantial loss of funds and therefore you should not invest money that you cannot afford to lose.

No comments:

Post a Comment