Friday 11 July 2008

Dollar Slumps and Late Winner Friday

European Session
No. of signal recommendations: 1
End-of-session results: AUD/USD (-20 pips)

The markets finally woke up after a long sleep. Today, we saw the US dollar index sank to the lowest level since 23 April. Unfortunately this time round, the "system" failed to spot those extraordinary trading opportunities in the US dollar markets.

Late Session
No. of signal recommendations: 1
End-of-session results: GBP/JPY (+40 pips)

100-pip System
Dynamic entries: 1
Max profits:
GBP/JPY +70

We ended this week trading with a late winner in the yen-crosses market.

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