Tuesday, October 30, 2007

One of those days again

Again i was caught on a spike and stopped before gbp/usd went up. Not much movement on the other pairs, they kept bouncing up and down. US NFP data this friday.

Result: -30pips

Monday, October 29, 2007

Breakout day

Had some nice breakouts on few pairs today, it was a really choppy month for gbp/usd, most of the pair gained vs USD. Eur 1.4405, Aud now at 0.9200.

Now hoping this month will be closed at breakeven.

Result: +30pips

Thursday, October 25, 2007

October coming to end

Been really busy lately and not updating. No real direction on gbp/usd as this pair continues to move sideways. October is about to end soon, i can only keep on going sticking to my current system. Hopefully things come around in November and be able to make pips!

Result: -30pips

Monday, October 22, 2007

Bad Connection

Having problems with my internet connection today, took another loss today with gbp/usd goin down again. Nice breakout on eur/jpy that was tp and continues to outperform gbp/usd with this method.

Result: -30pips

Tuesday, October 16, 2007

Gbp/usd tanked again...

Gbp/usd today went up during asian session triggered long trade, dropped down 90 pips before release of UK CPI, triggerd short trade then now rebound, both recorded losses. Nasty reversals this month on this pair countinued pounding the system, so far worst result in 3 months. Im not abt to rule out the possiblity of applying this system on gbp/usd, will continue on with the test. Just that this month's direction on gbp/usd been in between ranging levels with high volatility. As for eur/jpy, it has out-performed gbp/usd now +400pips, Sept result at -31pips total. Will have to see until end of the month.

Result: -30pips

Monday, October 15, 2007

3rd Week of October

Nice breakout today on eur/jpy, yen crosses bounced back up this month since August. Eur/usd still within 1.40 - 1.42 zone, nasty movements on gbp/usd, and my breakout system again stopped before full profit gained. I would think this pair is still within its ranging levels. Nothing much happened during US session. Will close early today.

Result: +30pips

Friday, October 12, 2007

I'll take whatever i can get

Cable still moving within range levels but enough movement to trigger sell orders. Good thing tp was hit before it reversed back the other way! Not much movement on eur/jpy as it appears to be consolidating from yesterday's breakout so no trigger on that. So far this month, eur/jpy produced alot more results compared to gbp/usd. Been really quiet on fxovereasy lately, no valid signals for this month so far.

Result: +30pips