Friday 11 September 2009

Thursday 10th September

Yesterday Thursday 10th was as predicted quite a difficult day with the market re-acting to some of the news that came out. As a result only two of the pairs traded for a gain of 118 pips. There was the opportunity to grab another couple of trades later in the afternoon but I have not included them as normally we don't encourage trades later on in the day.

The GBP/USD Long trade did us proud with a gain of 85 pips after allowing it to run after it hit our exit point. The other pair that traded was the USD/JPY for a modest 30+ pips.

Today Friday 11th just another Friday although there seems to be something happening around the JPY so apply the usual caution particularily with the JPY pairs!

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