Thursday, 17 July 2008

Profitable Start with the Majors and Choppy Markets Thursday

European Session
No. of signal recommendations : 4
End-of-session results: GBP/USD (+50 pips), EUR/USD (+25 pips), USD/CHF (0 pip) and USD/JPY (-5 pips)
Max potential: Over 110 pips !

End-of-session results: +70 pips for the majors today.

For the 100-pip system, choppy market conditions caused many of the dynamic stops to be triggered. In general, I use 2 x risk profit target. Despite a great start, trading conditions have evolved from pretty straightforward to downright non-tradable later in the day.

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