Thursday 17 September 2009

Wednesday 16th September

Yesterday turned out to be quite a good day with five of the six pairs trading for at total gain of 195 pips. The main activity seemed to centre around the USD which was strong early on then weekened later in the day. This gave us plenty of opportunity to do some good trading.

The GBP/USD Short trade worked quite well although it started off someway into the trading points which restricted the gain to 15 pips. However there was the chance of a further bite of this cherry later in the day for those who felt keen. The best performer of the day was both of the JPY pairs each producing around 80 pips gain.

Today Thursday 17th with the volatility of the USD the GBP and the JPY we are hopeful that this will bring some interesting trading opportunities our way. Fingers crossed!

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