Partner Center Find a Broker

Tomorrow morning we have a slew of economic reports coming out of the US – most notably the US Consumer Confidence report, Existing Home Sales, and the Chicago PMI (Big Pippin did a great job with a brief analysis in his post today of all three reports). Basically, the forecasts are calling for strong numbers and we may see a continued end of year rally in the greenback.

So, no trade idea for the Euro trading session. I will be watching the market tomorrow morning, and depending on price action leading up to the reports I may have one last trade idea before the new year. Again, we are still in a holiday trading environment which means lower liquidity and a higher posibility of spikes, so we will trade smaller position sizes if an opportunity arises.

So, stayed tuned, and for those trading the Euro session, good luck and good trading!

This content is strictly for informational purposes only and does not constitute as investment advice. Trading any financial market involves risk. Please read our Risk Disclosure to make sure you understand the risks involved.