Spectrum Forex LLC

Warm greetings to all.
Or to mimic one of nicest TV personalities "Certainly glad you could join us today!". Today we will cover our systems in somewhat more details that we usually do.
Rainbow system did quite well last week. We closed both trades from previous week as well as all trades opened during this week. We still carry two open positions from earlier.
Results have been good. We feel obligated to remind everybody that we use very little leverage if any on these trades.
The Daily pound system has been chipping away nicely of late until Thursday when both trades were executed and stopped out for a met loss of 100 pips! Ouch! Days like this hurt but they should be shrugged off. Once again, what we have always been saying, trading is like a marathon and not 100 meters dash. Results should be evaluated only after a substantial number of trades were taken.
Anyways, this system is doing very well for the year.
And at last Daily euro. After a nice start this year this system has been flat for a long time. Last week was a good example of a dormant system. Very few trades, very little movement. On the other hand, that's exactly how systems behave before they spring back to robustness. We continue trading it for our own account and offer it as service.

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Here are the results we achieved last week:
- Rainbow made us 362 pips in closed trades;
- Daily Pound lost 33 pips;
- Daily Euro gained 8 pips for the week;
Follow the link on the right to view details.

Last week's results.

Last week we featured a trade in EUR-CHF going SHORT. If you recall we took a signal from a DAILY chart, that's why we intended this trade to last a little longer. Within 3 days, however, there was a nice move our way and we have seen it as prudent to take partial profits here. We have closed most of our position for 54 pips profit. First chart indicates exactly both time and price where it happened.
We still have a small position from original trade. Second chart shows EUR-CHF at the end of the week. You can see our target for the balance of trade at 1.5851, as well as our entry and exit earlier.
Our Rainbow subscribers were as always notified when the profit taking was taking place.

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 .