Thursday 3 July 2008

ECB Trichet Remarks Halt Dollar Slides Thursday

100-pip System
Dynamic entries: 2
Max. profits:
GBP/USD +20 pips (out)
USD/JPY +20 pips (out)

It was a confusing day for the forex market with both the non-farm payrolls data and the ECB press conference dominating the same schedule on an unusual Thursday. Prior to these events, both our trades were briefly in profit before being stopped out by Trichet comments.

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