Wednesday 10 September 2008

Markets Still In Zig-Zag Correction Phase Wednesday

European Session
No. of signal recommendations: 3
End-of-session results:
Majors: GBP/USD (+30 pips) and USD/CHF (0 pip)
Crosses: EUR/JPY (+25 pips)

100-pip EA system
No. of auto-entries: None (Alpari !)
GBP/USD +40 & 15 pips (Interbank FX)

US and Late Session
No trade

We positioned ourselves well and made some really good efforts this morning. Unfortunately, I can confirm to you that the EA hadn't enter any position. It was quite a close call with the GBP/USD, give or take 2-3 pips, else we would be sitting with profits right now...

Update: Apparently, some did make profits with the GBP/USD setup on the InterbankFX. Nice one...

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