Wednesday 20 February 2008

Calm Wednesday

European Hours: USD/JPY (+30 pips), CHF/JPY (+15 pips) and AUD/USD(-5 pips).

Maximum potential pips: +60 pips

US Session: No Trade.

A straightforward technical trading in the morning session with some easy pips to be grabbed. The System has managed to avoid a volatile US session even though our market sentiment readings were spot on and IN TUNE with most of the news event outcomes.

Meanwhile, there were also plenty of good trading opportunities for those who opted for the 'bonus strategy' trading.

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