Morning all from a very calm and quiet Dartmoor (getting darker quickly in mornings now).
Cable still doesn't want to roll over. Been a difficult trade, this one.
Today sees the release of the ADP non-farm payroll figure in the US at 2:15pm and then the ISM non-manufacturing index at 3pm. Trade them at your peril. The US stock markets look desperately like they want to get to record highs (S&P500 is about 10 points away) so I guess the data will be condusive to that occurring. As with all news, it isn't the news itself, it is the market reaction to the news. If the consensus is to push the market higher, even bad news will be crushed under the steamroller.
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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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