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
Tuesday, October 30, 2007
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
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
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
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
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
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
Result: +30pips
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