The Euro today take a great plunge of well over 200 pips..very rapidly that the risk is just way high for my trading account to handle. The risk for todays trade exceed my 3% risk allowance limit. At time of this posting, the EURUSD seems to make some consilidating works, coupled with quiet New York market session. There raise some worries about the new hurricane developing over gulf in the US which prompted the crude oil to jump a dollar higher than last week closing price. But very little movement can be seen from that effect.
So no trading for today...hope to see some market movement again tomorrow and the rest of the week. Watch out as well on this week OPEC meeting begining today until Wednesday.
Until then...happy trading ;)
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