Good morning Team Rainbow and welcome to another glorious day.
Today's economics give centre stage to the Bank of England at 12 and then the ECB at 12:45pm with their interest rate announcements. ECB President Trichet is speaking at 1:30pm and US factory orders are out at 3pm.
Bearing the above in mind, Cable will most likely be the mover of the day.
The stock markets are beginning to look a bit "toppy" again. Short positions may pay here. This would, if normal links are maintained, lead the yen carry trades lower. Watch this space.
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If you wish to join me at Team Rainbow and join my online conference room just visit www.rainbowtraders.co.uk and follow the instructions. Any problems just email me at SJGrinter@aol.com and I'll sort it.
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RESULTS - FEBRUARY 2008
839 PIPS PROFIT (£6,073)
RESULTS - JANUARY 2008
870 PIPS PROFIT (£7,300)
Total return of based on a £20,000 capital account and risk of 1.5% per trade.
Total return of based on a £20,000 capital account and risk of 1.5% per trade.
About Me
- S3
- My name is Simon Grinter. I have been searching for the holy grail - a consistent second income from trading the forex markets. After many years of development, I now solely operate two morning systems, which achieve in excess of a 10% return per month. I teach my methods at seminars held periodically in London. They are fully guaranteed.
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