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, January 28, 2010

EUR/GBP (+70)


since there is no news this is mostly technical entry. Recent news for the GBP were disapointing GDP (although still positiv), and CBI sales were a shocker. Latest info from euro zone was all arround positive. Given the fact that pair is on 78.6 retracement, and has RSI divergence. We think it might not be bad idea to attempt long position with stops bellow86.00 and profit targets to start at sub 87.00
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Wednesday, January 27, 2010

NZD/JPY (+107)


technicals are in place, and tomorrow RBNZ decision as well as FOMC meeting could provide sufficient elements to place long postion at about 63.00 with stops bellow 62.00 with profit targets to start at 64.00 and above if supported by fundamentals.
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Friday, January 22, 2010

USD/CAD (+86 pips)

Daily Chart


with recent USD strength, and falling oil as well as disappointing CAD data ( CPI -0.3% m/m) it is reasonably safe to play continuation of trend with the target of 1.0574 (100 SMA) with the stop of bellow yesterdays low (1.0437)
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