Wednesday, 23 April 2008

Losing Momentum Wednesday

Europe
No trade

US Session

No. of signal recommendations: 1

End-of-session results: USD/CHF (-70 pips SL)

Maximum potential: 5

Chart attached:










It seemed all lost if you took this forex killer short signal on the USD/CHF (indicated by the red arrow). On second thought, we can actually do something about it by minimising the losses to less than 10 pips. Check out my simple chart reading technique on find out how to fine tune your forex killer trade entries and exits.

Late Session

No. of signal recommendations: 1

End-of-session results: CHF/JPY (-5 pips)

Maximum potential: 10

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