Good morning dear traders,

I hope you had a fine weekend and your trading was great last Friday.

I can be satisfied: 2 trading days last week, 130 pips.

Question: how is it going on? I would hope upward. And you?

LOOKING BACK

After a range of 1.3382 and 1.3348 in the morning there came wonderful news from UK, with some volatility into the markets.

And volitility is the nicest thing in the market, or am I wrong? Probably you will agree with me, as nothing is more boring than endless sideways ranges.

I personally do not like only up and down. There has to be some action.

After the UK news the crosspair won again with some more volatility.

The high of the day was about 1.3491. Much more than I expected.

EURUSD finished the week with about 1.3460.

EXPECTATIONS FOR TODAY´S TRADING DAY

So how will we start into the new week?

width=450

Over the night the crosspair could win a lot of volatility and started with a gap of over 100
pips into the new trading week.

In the morning the crosspair is in a range between 1.3607 and 1.3676.
According to my opinion there could be the following interesting news for today:

09:00 GMT UK Leading Indicator Index,
10:15 GMT Canada Housing Starts,
18:30 GMT USA Monthly Budget Statement,
23:01 GMT UK RICS House Price Balance.

I would see today´s trading day not as too spectacular.

TRADING CHANCES FOR TODAY

I would see trading chances for long above 1.3690 with take-profit at 1.3785-1.3810 and stop-loss at 1.3650.

For short there could be some chances below 1.3590 with take-profit 1.3500-1.3440 and stop-loss 1.3640.

I keep you informed about interesting trades at CHAT-TRADING.

TRADING TIP OF THE DAY

„Think about your style of trading.
Are you happy with it?
Do you maybe trade too often?
How many false trades do you have?
Do you over-trade, etc. ?

SPECIAL FOREX WEBINAR

„ Fibonacci and Pivot Forex trading

I will hold a special Forex trading webinar on Thursday, April 15th, 18-19 GMT
with Fibonacci and Pivot Forex trading. The webinar will be for all english-speaking traders. Webinar fee $ 29,--
If you are interested please contact me at coaching@der-trading-coach.com

SUBSCRIBE THE TRADING-SIGNALS NOW !!!

WITH A SUBSCRIPTION YOU GET YOUR DAILY TRADING-SIGNALS UNTIL LATEST 7:00 GMT.

I wish you all the best for your Forex trading and a good start into a new trading week

Berndt Ebner
Performance April 2010: 130 pips
TRADER-COACHINGS

RISK AND EARNINGS DISCLAIMER

Any kind of trading (Forex, shares, Futures.) exhibits a high risk, which can lead to the total loss of your capital investment. Always be aware of this.

You should trade only if you can also bear the possible trading losses.
High chances of winning often oppose substantial loss rates. You should only use capital for your trading, which you do not need for everyday living. Earlier trading results are not a warranty for a future trading development. This also refers my indicated performance.

My Forex signals, my coaching, my strategies, training documents and other publications and ebook represent only information and are no offer for you, or any advertisement or recommendation for a concrete purchase or sale.

My coaching is not a financial consultation. For an appropriate financial consultation, please visit the appropriate bank and/or credit institutes.

You trade at your own risk, all possibilities of recourse on the coach and author are impossible.