Friday 23 May 2008

New Trade Ideas and Back to Normality Friday

European Session

No. of signal recommendations: 2

End-of-session results: EUR/USD (+15 pips) and USD/CAD (0 pip)

Maximum potential: Over 35 pips

Own P/L: 4 x 24 pips !


Late Session

No. of signal recommendations: 1

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

Maximum potential: 5 pips


100-pip Dynamic Stops

No. of improved entries: 3

Running risks: Zero risk, 10, 69

Potential profits: +70(open), +20 (out), +10 (open)


>> Click Here for My Forex Trading Sessions

The system was inactive in the early part of the week due the current market conditions. Based on yesterday and today's market actions, I could sense that the system was slowly returning to normality. I hope to see more new trade ideas being generated via this approach next week.

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