Monday 10 March 2008

Aussie Trade Deviated from the Rest

European Hours
No signals


US Hours
No. of signal recommendations: 2
End-of-session Results: AUD/USD (-70 pips) and EUR/USD (0 pips)
Maximum potential: +5 pips
Own P/L: -1 pip and Aussie trade still open


Late Hours
No signals

Market conditions became tricky since last friday. I was again disappointed at the signal software which could not give us a short signal on the JPY markets in the late hours. No matter how, I will still stick firmly to the plan for the mean time.

Here is another useful trend analysis tool, which shares a resemblance with my day trading analysis.

Smart Scan Chart Analysis (by Market Club) indicates a counter trend rally is underway for the AUDUSD. The current up-trend could be changing and moving into a trading range Sidelines Mode.

Find out more about this tool. Simply fill in symbols like EURUSD, GBPUSD, AUDJPY etc. to receive a sample analysis.

Click here to join my live Forex Trading Sessions!

1 comment:

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