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, June 23, 2011

EUR/CHF +433


On previous entry we got stopped out, and that is negative. On a positive side is that we have even better entry point, because we still believe that exchange rate between EUR and CHF is far too low to survive at current environment. Imagine how it feels to Swisss businesses that just year ago had exchange rate as high as 1.42. We believe that market is going to bounce back.
Stops @ 1.1720, and profit target 1.2380.

Thursday, June 16, 2011

EUR/CHF (-15)


with the euro is getting it from all sides, particularly from it's neighbor CHF, we think that there is a limit how much currency can slide in certain period of time. Needles to say that key is in resolution of many problems is in Greece. In case of further detoriation we think that selloff will continue but at much slower pace, and in case of any impovements we going to see knee jerk reaction in this pair.
Stops are placed at 1.1770, and targets are set at 1.2380
Stop adjusted to 1.1940, just bellow entry. Caution ahead of Greek confidence vote.