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, May 6, 2010

AUD/NZD (+117)


after couple of days of losses on almost all markets, today European trading session shows unwillingness to sell more. Biggest gainers in currency market were USD &JPY, what is not surprising, and among the biggest losers was AUD. If European gains are here to stay and currently US futures are indicating on higher opening it is reasonable to believe that aud/nzd uptrend will continue with big upside. In case of more lossses of the markets around the world stop is relatively small. Slow Stochastic are indicating a reversal on 61.8% of fib. retracemnt. Stops should start below 61.8% fib retracement and targets should start at 1.2600
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