Terrible morning to trade. The US markets are closed for President's Day so volume low and a very range-bound feel to the day.
Trade signals today were:
S3 SYSTEM I
Buy EURJPY @ 158.50, 30 pip loss
Sell GBPJPY @ 211.06, 40 pip profit (I took 34)
Total 4 pip profit, or loss or £130 loss (as stake size is half on GBPJPY)
S3 SYSTEM II
Just missed a GBPUSD sell @ 6:45am before we opened @ 1.9605!!
Just missed a GBPJPY sell @ 6.45am before we opened @ 211.43!!
Sell GBPJPY @ 210.95, closed at 10 pip loss
Sell EURJPY @ 158.29, didn't take this trade (would have closed at break even by now!)
Total 10 pip loss, or £50
Overall a £180 loss today, which considering the conditions isn't too bad.
See you tomorrow morning at www.rainbowtraders.co.uk.
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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.
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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