Tuesday 4 March 2008

11 Trades/ 10 Winners for the Majors: Up 390 pips Since Last Week

European Hours

No. of signal recommendations: 1

End-of-session Results: EUR/USD (+40 pips)

Maximum potential: +40 pips

Own P/L: +11 pips


US Hours

No. of signal recommendations: 2

End-of-session Results: AUS/USD (+10 pips) and CHF/JPY (-30 pips)

Maximum potential: +10 pips

Own P/L: -21 pips

Another disappointment on the yen-crosses pair. Therefore, I would highly recommend you to trade the five major currency pairs instead of the five yen-crosses pair due to the recent price volatility in the Japanese yen.

Simply look at these statistics since last week:

Major currency pairs: UP 390 PIPS 10 winners /11 trades

Yen-crosses pairs: DOWN 115 pips 4 winners /9 trades

Meanwhile, I will add another monitoring session for the yen-crosses pairs on the Member Sites in order to search for other trading hours with better return. I think I know where to look. Stay tune for more updates.

Follow my day trading approach in live Forex Trading Sessions!

1 comment:

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