Monday 28 January 2008

Done for the day +11 pips

Closed long EUR/USD at 1.4742 for +17 pips
Closed short USD/CHF at 1.0917 for- 6 pips

Missing some good pips today as there was further downside movement on the US dollar after US open due to the poor home sales report.

2 comments:

Anonymous said...

Hi Lloyd,
Glad to find your site, maybe you can help as I can't get any answers from them. I have been using a demo account for about a month now and am losing money. I started off with H1 timeframe but have changed to daily charts and the long term signal. What do you do if the short term and long term conflict ? As I'm using daily charts should I ignore the short term result and trade what the long term says. Which currency pairs are you trading ? I'm trading EUR/USD, GBP/USD, USD/CHF, USD/JPY. I have some signals I bought from another company and I like to see them trending the same before I rake a trade. I'm still not convinced they will make money on a regular basis but will keep trialing and trying different set-ups. Keep up the good work.

Lloyd said...

Macca, I also trade the major currency pairs and only consider taking signals when both short and long term predictions agree with each other. I use daily trend as a guide but enter based on M30 & H1 charts. Hope this helps.

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