Monday 31 August 2009

Friday 28th August

Quite a fair day for a Friday with a gain of 157 pips from five trades. The total for the week was 870 pips and for the Month of August an impressive total of around 2584 pips.

The Short trade for the GBP/USD failed to materialise and of the other five trades the EUR/USD was the best producing 79 pips.

As this is a Bank Holiday weekend it is hard to predict what will happen on Monday as most of the other markets will be closed. The Forex is open but as always it is difficult to know how much volume there will be and therefore how the market will react.

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