Although some pairs remained in a fairly narrow band of sideways consolidation the trades that we were able to do produced a pleasing 211 pips mainly from the JPY pairings with USD and EUR.
The predicted Short trade for the GBP/USD Opened at 16537 and Closed at 16475 for a gain of 62 pips. Both the EUR/JPY and the USD/JPY were traded for 41 and 69 pips respectively.
Today Friday 21st looks to be a normal Friday so be ready to close out any trades well before the close of trading.
Friday 21 August 2009
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