September 2, 2010

Black Dog Forex

Another frustrating day! I felt at lunchtime that the charts were going to be range-bound all day, with no real trends to speak off. I waited for New York open just in case, but my feeling was correct. I therefore did not open any further trades after noon, and I called it a day early, the dead horse having been well flogged. The strategy I have adopted needs strong intra-day trends, and the markets are just not giving that to me just now.

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Day 22 EUR USD GBP USD GBP CHF EUR JPY GBP JPY USD CHF Pips Profit
02 Sep 15 -16 -18 **** -19 £ -190
Totals 390 5 30.4 90.2 35.7 53.0 604.3 £ 6, 043
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Filed under Forex,Spread Betting,Trading by Arthur