Monday 13 October 2008

No Market Conviction Before US Open Monday

Europe Session
No. of signal recommendations: 5
Major pairs results: EUR/USD (+55 pips) & GBP/USD (-55 pips)
Yen-crosses results: EUR/JPY (+55 pips), GBP/JPY (-10 pips) & CHF/JPY (-5 pips)

US Session
No. of signal recommendations: 1
Major pairs results: -
Yen-crosses results: AUD/JPY (-5 pips)

100-pip EA system
No. of auto-entries: 3

The targeted 100-pip movements seemed to happen only after US opening. The system might have positioned the entries slightly too early today. I had resolved to adding more positions and just managed to scalp for breakeven, recovering some of the early losses. Markets were indeed tricky. Let's hope we can get some more actions tomorrow.

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