Monday 14 April 2008

Good Start on Yen-Crosses +80 pips & Dollar Extends Fall Monday

European Session

No. of signal recommendations: 2

End-of-session results: EUR/JPY (+70 pips) & AUD/JPY (+10 pips)

Maximum potential: Over 80 pips !

Own P/L: +99 pips !

Finally, we have some good setups going long on the yen-crosses markets in this early session.


US Session

No. of signal recommendations: 3

End-of-session results: GBP/USD (-70 pips), EUR/USD (-10 pips) & USD/JPY (+10 pips)

Maximum potential: 20 pips

The dollar was being sold off continuously in the US session. Such a strong move against the dollar was unexpected and the increased price volatility was initially stirred by the G7 meeting over the weekend. Thankfully, the retail sales data came to rescue. Keep the discipline with the system this time round - minus 70 pips.

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