Wednesday 16 April 2008

Testing Time for the System Wednesday

European Session
No trade

US Session
No. of signal recommendations: 3
End-of-session results: GBP/USD (-10 pips), USD/JPY (-15 pips) & USD/CAD (-50 pips)
Maximum potential: 35 pips

For the first time, this automated trade-entry system has provided negative return in mid-month. The system has failed to capitalise on some real moves due to slight market mistiming in last few sessions including today. In most cases, the entered positions only started to move in the post-session hours.

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