Good morning Team Rainbow. The markets are still jittery. The yen carry trade is threatening to unwind but it has done that before this year and then powered back. The stock market is at the edge of the cliff trying to get a toe-hold.
Today's economics: GBP MPC minutes (bank policy) at 9:30am, US CPI (inflation) and housing starts at 1:30pm and finally the US Beige Book at 7pm this evening.
Let's hope for some good signals today. As you know, patience is the key. My system doesn't trade all the time and generates a relactively small number of signals. Tortoise and hare.
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GROUP EMAIL AND SMS
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.
Newcomers essential reading
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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