Monday, 31 March 2008

Good End to a Profitable Month +455 pips

We had some profitable trading opportunities this morning and no tradable signal in the later sessions. This means that I can have an early break today ;-)

I will do a proper trade breakdown and analysis for this month, just like the previous month's report, for you guys to view.

Just a quick summary, we are up +455 pips on the major pairs during 21 trading days in March, with 9 up days, 7 non-tradable (rest) days and 5 down days. We even scored some handsome profits on a down day like this.

March was an extremely choppy and volatile month for forex due to the collapse of Bear Stearns and the liquidation of carry trades. Trading the major currency pairs appeared to be my safe haven so far.

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