No signals at 5 today. The non-farm payroll had the markets all over the place. Of the 3 trades I closed yesterday, one made 1st and 2nd target, one retraced to break even on the 2nd half and the third, USDJPY, came within 12 pips of making a large loss of 180 pips. It would be currently down 56 pips. So, at this point, closing early has cost across the 3 trades only 21 pips.
Have a good weekend all. Our first week turned out OK, 9 trades, 7 winners, 1 loser and 1 break even for a total of 334 pips or 5%. See you all Monday morning.
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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.
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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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