Good morning Team Rainbow. Looks like Black Monday reanactment is possible. Sometimes everyone talks themselves into making it happen. The S&P is at 1528 (right on the cliff edge again), the dollar has well and truly dropped its trousers, growth slowing, the R word in vogue. It will either be grim in the next day or so, or the springboard to go buy crazy. I will be VERY careful about trades today.
Today's economics: UK GDP at 9:30am, CAD CPI (inflation) at 12 and Bernanke is speaking at 3pm. Also the blessed G7 hot-air fest is on this weekend. Currencies go crazy before and after this usually, as finance ministers talk about dollar weakness, yen carry trade, blah, blah, blah in between their R & R, great food and wine.
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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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