Morning all. Our EURUSD trade is still impersonating a pig. Up and down, up and down. Bang on resistance now and has been for a while so I don't hold out much hope for this trade. If it breaks through, it will probably go to our stop. the stock market, yet again, staged its miraculour recovery and the age of denial continues. The bulls just don't want to let anything go. Even cable (GBPUSD) is beginning to crack but gets dragged up each time. It feels like when they do go, it will be bloody.
Today's economics: Geramn IFO Business Climate and expectations indices at 9am, US durable goods orders at 1:30pm and new home sales at 3pm. Overnight we have the Japanese CPI or inflation number although it probably should be called deflation over there.
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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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