2010 profit + 1179, 2011 + 971

2010 January +236, February +22, March +190, April +198, May +607, June +63, July 0, August -50, September +62, October -240, November +114, December 0,


2011 January +388, February - 80, March 0, April -114, May 0, June -15, July +433, August 0, September +260, October +253, December -154


2012 January +365, February 0, March +236, April +203, May 0, June 0, July





TRADING FOREX MARKET

The fact is that pattern exist is evidence of price manipulation, which in turn creates predictability that produces profitability for those who can see the patterns.

Greggory L. Morris

Thursday, February 11, 2010

CAD/CHF (-85)


cad overshoot runs into 78.6 fib. retracement on a weekly chart (1.0697 - 0.8497) This sudden move up is due for a retracement and stop is very small, so this particular trade is worth the risk from cost-benefit point. Stop at 1.0280 and limit targets are 10130 with the trailing stop once the point is reached.

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