Thursday 1 May 2008

A Fresh Month and Strong Start (+175 pips) Thursday

European Session
No. of signal recommendations: 2
End-of-session results: GBP/USD (+30 pips) and USD/JPY (+35 pips)
Maximum potential: Over 105 pips !

Hello May ! We started off the month with some fresh wins on the majors. They were straightforward signals on the hourly time frame. Hence, some good profits by the end of the session. In addition, I am going to trail these signals in post-session hours and aim to get them to hit my targets.

US Session
No. of signal recommendations: 2
End-of-session results: USD/CHF (+30 pips) and USD/CAD(+80pips)
Maximum potential: Over 100 pips !

More wins in the afternoon ! It turned out to be a very bright day for the system. Apparently, it made more gains in one day (+175 pips) than the last whole month (+45 pips). This is why i never missed a trading day so far since the start ;-)

Late Sessions
No. of signal recommendations: 1
End-of-session results: GBP/JPY(+35 pips)
Maximum potential: Over 70 pips !

As promised, the Trading Report for April is ready for viewing.

>> Click Here For My Live Forex Trading Sessions (Non-farm Payrolls Day Tomorrow)

100-pip Dynamic Stops System
No. of signal entries: 5
Running risks: zero-risk (x5)
Max profits: +100-pip (x4) , +50
Target hits: 4

In addition, we also saw the trailing stop system hit the 100-pip target for the GBP/USD in less than 7 hours and another 100-pip for USD/CAD in less than 4 hours - a record time ! The GBP/JPY trade also hit the final target in late hours. Definitely the best one-day results so far.

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