Happy Easter!
We hope everybody is having a great holiday. The last couple of days leading to the holiday weekend have been lackluster. Not much movement. That really was the case all week. We expect the same on Monday, at least till the open of New York.
Due to small movements our systems generated not nearly as many trades as it happens most of the time. Performance was also tepid.
Anyways here it is. System 1 lost 61pips last week, which makes its total for April at 107 pips and 277 pips for the year. Follow this link for all details.
In a strange twist System 2 also lost 61 pips last week so April is 92 pips and year to date is 209 pips. To view it trade by trade go here. |
Discretionary trades.
Now, here we have better news to report. Our long trade of NZD-USD hit our first target of 0.6200. We closed most of our holdings for 195 pips profit but will continue keeping a small position for a much longer target of 0.6700 as explained in our last week's post.
We also still hold on to our AUD-JPY long position which currently shows about 180 pips profit. We seek additional 200 pips. Take a look. |
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| Looking for additional 200 pips. |
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Next one is our long standing GBP-JPY trade. This one is currently 530 pips in profit.
Our target here is 209.00. |
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| Target 209.00 |
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Last week we featured a trade in USD-CAD. Our entry was 1.1499 with target of 1.2000. Currently trade is about 15 pips in the plus column. |
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| Target 1.2000. |
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That's where we stand at the moment. We will wait until there is some more movements in the markets before we enter any new positions.
Once again, Happy Easter, good trading and see you again next week! |
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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