Sunday 02.12.2006.
Ouch! What a lousy week it was! We are certainly glad it's over!
Our System 1 shows 105 pips loss for last week, 144 pips loss for the month of
February but we are still 64 pips positive for the year. Go here to see details.
System 2 was not any better. It experienced 97 pips loss for the week, 154 pips for
the month of February and we are still 39 pips positive for the year. Go here to view trade by trade history. |
Discretionary trades.
O.K. that out of the way let's take a look at our discretionary trades. Out of our featured open trades EUR-USD is still going against us. GBP-USD and NZD-USD trades were not triggered.
On a more positive note our trade in USD-CAD which was executed 2 weeks ago, is starting to show some signs of life. At the moment we are 25 pips in profit. We continue to hold it. |
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| About 25 pips in profit |
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| Another trade we'd like to feature was a one day GBP-CHF trade .We entered at 2.2646 and exited at 2.2800 for a quick 150 pips! |
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| Quick 150 pips. |
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Next week's trades.
Well, we already entered next weeks trades. Very late Friday we once again went long GBP-JPY. Our entry was 205.30 and we look for about 400 pips. One can easily enter into this position on Sunday. |
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| Target 209 |
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And finally another trade we entered late Friday was AUD-JPY as once again we see an opportunity here. Our entry was 86.75 and target is 88.50-88.75.
Just like previous trade, this one can easily be entered Sunday also.
Best of luck in coming week! |
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| Seeking 200 pips profit |
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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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