Friday, 11 April 2008

Range Bound Friday & Rough Week With USD/JPY

European Session

No. of signal recommendations: 2

End-of-session results: USD/CHF (+10 pips) & USD/CAD (-20 pips)

Maximum potential: +10 pips

Own P/L: +11, -9 pips

Markets were finding their range in the early session and there appeared to be a potential price breakout sooner or later. Breakout was indeed confirmed but it happened in post-session hours with USD/CAD. A great opportunity (a 60-pip move) missed.

US Session

No. of signal recommendations: 2

End-of-session results: EUR/USD (-15 pips) & USD/JPY (-45 pips)

Maximum potential: +5 pips

Own P/L: Post-session +18, 0 pips

Click Here For Next Week's Live Forex Trade Setups!

Like yesterday, the system also endured a tough day with the volatile USD/JPY market. Therefore, it is better to stay away from the japanese-yen markets till we manage to get better winning statistics with the new forex killer software.

Hope you all have a nice weekend and we shall resume trading Monday.

No comments:

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