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Sunday 09.10.2006.
Good day to all!
We must start with apologies and explanations of what happened on Wednesday.  There is some construction going on around our office building as well as remodeling of few floors within. Due to somebody's mistake there was a flooding of our building. which in turn lead to shut down of all utilities electricity, phones, cable, natural gas and of course water. Everything happened in very short order and since it happened at about 3AM our time, response was, well, poor. We were unable to send our morning signals that day and the evening one was delayed. We are back in business from remote location as our office is off limits for another 10-15 days.
That situation created other problems. For example, we were unable to update signals with our tracking company, which executed old signals outside of it's time frame. That shows as a loss of 50 pips, which otherwise would have not happened. System would be about break even for the week instead of being -52 pips. In the spirit of consistency we decided to include that loss in our tabulations
.
So here it is System 1 lost 52 pips for the week. Follow this link for details.
System 2 lost 18 pips last week. Go here to view trade by trade.
Our additional services will start by the end of September. We hope everybody understands our preoccupation with the problem at hand. We'll keep you posted.
Once again our sincere apologies for any inconvenience it caused.

Discretionary trades.
Last week we presented a possible trade in USD-JPY. That trade hasn't happened as the price never reached our BUY level. That trade is still valid only that if it happens now, that target should be extended to 118.90 and time frame should be stretched accordingly, to maybe a week from 2 or days. We'll see.
Entry price wasn't reached.
Now a look at some the longer term trades we are sitting on. USD-CAD starts to respond and is currently about 110 pips in profit. Remember, this trade is a longer trade proposition, we are seeking 1.1500 level here.
110 pips in profit.

Here  is a look at EUR-CAD. This trade just like the previous one is a long term trade from the start. Currently we are about 50 pips in profit and seeking additional 500 pips.  We have no time frame for this trade, except for maybe end of the year at which point we'll close this trade if it's still on.

So far 50 pips in profit.

Have a great week and even greater results!

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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