Last Friday 4th, was a bit mixed with some pairs performing and others either not performing at all or performing strangely. Anyhow we managed to produce a gain of 127 pips from just three trades with a small loss on one other. That gave us a total of 753 pips for the four day week which is a nice start for the month!.
The GBP/USD did produce a few pips (17) after moving strongly in the right direction before we were able to get in. By the time we did get in there were only a few more pips available before it tunred around. The star for the day was the USD/CHF pair which produced 76 pips after hitting the target exit point and being allowed to run on. A small loss of (-7) was made on the USD/JPY which went the wrong way as soon as we got in!
Today Monday 7th looks rather difficult with the USA on a bank holiday and a combination of low buying/selling pressure and early low volume. So unless things change be very careful today until we see some clear signs of how the market is going to go.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment