Sunday 01.29.2006.
How did our two Systems do last week? This week System 1 produced 126 pips, reaching 199 pips for January and year. As far as we are concerned that's very good.
Go here to see details.
On the other hand, System 2 was flat for the week gaining 5 pips and reaching 181 pips for the month of January and the year. That's also nothing to complain about. For complete details go here. |
Our discretionary trades.
After a few weeks of holding we closed our GBP-JPY trade for a profit of 435 pips!
We are still bullish this cross and will be buying again on any pullback of 200 pips or more. |
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| 435 pis profit! |
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Another one of our trades was EUR-USD. Currently we are at a loss of about 80 pips but continue holding it. Remember, our target here is 1.2400.
Next trade was AUD-JPY we we still hold. At the moment we show profit of 80 pips but sre seeking additional 120-150 pips. Look at the graph. |
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| Seeking additional 120-150 pips. |
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What's new for next week?
Well, we already made one trade for next week. At a close on Friday we bought USD-CAD at 1.1499. We would like to see it go to 1.1750 . |
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| Target 1.1750 |
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Another cross we are very bullish on is GBP-USD. We have a standing BUY order at 1.7940. If filled we will seek as many as 500 maybe even 750 pips.
WARNING! This is a trade that can take weeks to be triggered and even months for successful completion! |
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| A long term trade |
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Once again we must stress that the trades highlighted here are only a small sample of our trades. If you have any comments or would like to obtain more information please contact us at info@spectrumforex.com . |
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