Subscribe to main siteMonday No Trade
Tuesday No Trade
Wednesday +25 pips
Thursday +70 pips
Friday No Trade
We're up +95 pips for the week, and only +115 pips for the month on the major pairs with the main trading system.
July has been a tough month for trading due to recent financial chaos caused by the possible demise of Fannie Mae and Freddie Mac. I believe the financial and oil market situations will continue to set the tone for the forex markets for the rest of this month.
My advise is to trade the conservative major pairs and avoid volatile yen-crosses pairs during this period of financial instability. Always book easy profits and never let winners turning into losers. Choppy market conditions are set to continue.
There are still two weeks of trading left in this month. I would very much like to see July to be the sixth consecutive profitable month since the launch back in February.
July has been a tough month for trading due to recent financial chaos caused by the possible demise of Fannie Mae and Freddie Mac. I believe the financial and oil market situations will continue to set the tone for the forex markets for the rest of this month.
My advise is to trade the conservative major pairs and avoid volatile yen-crosses pairs during this period of financial instability. Always book easy profits and never let winners turning into losers. Choppy market conditions are set to continue.
There are still two weeks of trading left in this month. I would very much like to see July to be the sixth consecutive profitable month since the launch back in February.
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