Hello everybody,
That was some interesting week. Oil made an all time high, gold and silver are powering onward and people are whining and bitching about gas prices.
In our little peace of investment world nothing THAT dramatic is taking place at the moment but there is some movement. Unfortunately all that movement translated to a choppy week for our Systems. We made some nice gains first two days only to give
them back in the last two. We need to shake it off and keep trading.
So here it is:
System 1 lost 16 pips this week, bringing it's total for April to +91 and for the year to 261 pips. To view trade by trade go here.
System 2 made 15 pips last week, which makes it April total at +104 pips and annual result is +224 pips. For complete details follow this link.
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Our discretionary trades.
Here we have mixed news to report. First of all we closed our GBP-JPY trade which made us about 650 pips! In general terms we are long term bullish this pair and continue to keep buying with every decent sell off. Ultimately we see it at 225.00 within a year. Remember it's here you heard it first! |
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| Almost 650 pips profit. |
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Another one of our trades, AUD-JPY made some progress last week but fell short of our target of 88.70. Currently we are 220 pips in gains and looking for another 150 pips or so. View the in closed snapshot.
Trade we featured last week was USD-CAD. Currently this trade is 125 pips in loosing column. We remain undeterred for the time being and still looking for a target of 1.2000. |
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| 220 pips in open profits. |
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| So far 125 pips in losses. |
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Next week.
Take a look at USD-CHF. We placed a BUY order at 1.2832 with a target of 1.2970.
That's our featured trade for this week.
We wish everybody profitable trading and see you next week! |
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| BUY order at 1.2832, target 1.2970. |
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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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