Always Be Improving

Think about what good traders we would all be if we could read and analyze the below news item in 10 seconds or less!

That's going to be my next goal. Forex is very different to stocks and, although I understand the following, it took me way too long. To a professional trader...it's like riding a bike, and that's how the quick profits are made. I'll get there...

(From MarketNews.com, and well worth the $177 per month)
17:30 04/23 EURO SUMMARY:
Opened at $1.3082 after $1.2981/1.3082 overnight range.-- Euro had nudged to fresh highs early in the US session with eventual prints at $1.3086 before reported supply ahead of $1.3100 capped and reversed, later chatter tying Asian sovereign to some of that interest. Euro retreated steadily as longs set in anticipation of a stop run above $1.3100 were disappointed, euro backing off to $1.3005 ahead of option expiry where an expiring $1.3000 strike held attractive influence. With flows remaining muted, euro lifted quickly to $1.3030 with slower gains seen to $1.3060 before setback to $1.3030 again after the London fixing. Late morning into afternoon saw euro lift slowly to $1.3080 area approximating earlier highs, though with unimpressive momentum, and later trade saw the pair nudge to highs at $1.3103 as light stops were flushed around $1.3100, the pair deflating modestly to $1.3090 before resuming its lift for trade to $1.3120 in late action.