Thursday, 24 April 2008

Euro Free Fall But Positive Results Thursday

Europe & US Sessions
No trade

Late Session
No. of signal recommendations: 3

End-of-session results: EUR/JPY (+15 pips), AUD/JPY(+10 pips) and CHF/JPY (-15 pips)

Maximum potential: 70 pips

Based on the latest sentiments, we stayed away from the major pairs today ! The Euro took a big hit and down over 200 pips in today action alone.

I was trialing a new and additional trade entry system on the member site. Besides the in-house stop loss and take profit levels, I hope to improve on trade entry and provide dynamic SL and TP levels throughout the day. I had some fun using the system. Good testing day with instant positive results. For those who wanna aim for 10 - 20 pips, this may also be a good system. And we were riding on the positions before the trend finally exhausted. It was interesting to note that the new system didn't enter on the CHF/JPY market from start to finish.

No comments:

5 Latest Articles Which You Might Have Missed Out ...