Good morning Team Rainbow. I am still in the process of sorting the new online conference room. I am confident it will be ready today so bear with me; it will be worth the wait!!
A good day yesterday; only one bad signal, and almost perfect set-ups.
The stock market feels like it is in limbo; it may range for a while. There are no powerful reasons to buy or sell at present. The Eliot wavers think we are still in a downtrend and a bounce up is needed to around 1350 on the S&P before another down phase starts. They might be right; the market is feeling a bit more stable of late and therefore capable of another modest move up.
Today's economics: UK CPI and RPI at 9:30am and the German ZEW economic sentiment at 10am.
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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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