Sunday 02.05.2006.
Welcome back! January is over hence it's time review our performance.
Overall we started this year good. System 1 ended January with 208 pips in profit. For last week however we show a loss of 30 pips and February so far is 39 pips in a loss column.Go here for complete details.
System 2 also had a good January with 195 pips in profit. Last week however ended at a loss of 45 pips with first few days of February being down 57 pips.
For details go here.
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Discretionary trades.
We finaly liquidated our AUD/JPY position for almost 200 pips profit! We will continue monitoring this pair and look for farther LONG entries as we are bullish for near future. |
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| Almost 200 pips in profit! |
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As far as our other featured trades are concerned, we still hold EUR-USD, which is currently at a loss. If you recall last week we also entered USD-CAD long trade which at this writing is about 55 pips in a loss column.
And finally we still hold our BUY order for GBP-USD. We mentioned that might be a long term proposition!
Here are the charts. |
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| Showing 55 pips loss. |
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| Still holding BUY order. |
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Next week.
We are going to feature only one possible trade for comming week.
We placed a BUY order for NZD-USD at .6930. We will look for 80-100 pips gain if trade is executed.
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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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