Spectrum Forex LLC

Happy Thanksgiving!

Here we are once again, Thanksgiving is upon us. Almost the end of the year. Hard to believe. Seems like it was just yesterday, that we were writing this piece a year ago.
There was a lot of movement last week, especially early on. Most notably, perhaps, CAD continued to fall (even if temporary) from its lofty levels. Same for AUD. Somewhat surprisingly, NZD remained strong, loosing the least ground. As for European currencies, GBP remains very volatile. If you trade or just follow GBP-JPY, you must have noticed that 400+ pips daily ranges seem to be the norm, rather than exception.
Swiss Franc, CHF, remains very strong. We found it out with our "Trade of the week". Scroll down this page to see more on that.
Our services enjoyed a good week. Both "Daily Pound" and "Daily Euro" had a positive period, if mildly so. "Rainbow", on the other hand, had the best stretch in couple of months, with very strong performance. We even managed to close our long standing USD-CAD position.
Please see the results before and follow the link provided to see more. We updated complete results pages, including performance graphs, so visit those also.
Due to coming holiday in the USA, we will not issue signals for Thursday unless we see some compelling evidence to do so. In any rate, subscribers will be notified before Thursday. Historically, Thanksgiving day is very slow and possibly even entire week. We will remain vigilant and ready to trade. Last year, for example, Thursday night/ Friday morning saw very strong moves in European currencies.

Have a great Thanksgiving!!!

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Here is our trade that was featured here on 10.21.2007. It has finally reached its target. We went LONG EUR-AUD at 1.6110, with a target of 1.6350. After some drawdown we closed the trade few days ago at the intended level for 240 pips gain.
Go here to see all our trades from last week.

Here is another one of our trades from a few days ago. We bought EUR -CAD at 1.4141. Our target of 1.4300 was reached next day for a gain of 159 pips.
Go here to see all our trades from last week.

Risk disclaimer:
Substantial risk is involved. Forex trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the Forex markets. Don't trade with money you can't afford to lose. Nothing in our website shall be deemed a solicitation or an offer to Buy/Sell futures and/or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on our site. Also, the past performance of any trading methodology is not necessarily indicative of futures results. Trading involves high risks and you can lose a lot of money.