Forex blog: Forex Blog by Lloyd (2 сообщения)

Wednesday, September 24, 2008

Forex Blog by Lloyd
Scouting for Success in the Forex Market
http://www.scoutforex.com/
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Some Day Trading Facts @ ScoutForex DTS
I usually don't keep count of the P/L figures till the end of the month. Since it is the end of summer period, here are a few encouraging facts to cheer about, and to kick start our Autumn trading:

If you have followed all the major pairs setups consistently at the start of my trading sessions, you should have banked over 200 pips of profits so far this month and over 1,000 pips since 1 August.

If you have followed all the yen-crosses setups consistently at the start of my trading sessions, you should have banked over 500 pips of profits so far this month and over 900 pips since 1 August - simply using a low drawdown approach.

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Different News Events, Similar News Trading Actions
Today (22 September):
News event: CAD Retail Sales; Long & Short USD/CAD - Results: +2 & 2 & 25 & 51 pips

On 16 September:
News event: US CPI & TIC Net Long Transactions; Long & Short GBP/USD - Results: +1 & 1 & 25 & 28 pips

Fortunately, we were able to make more profits this time round (i.e. +80 pips vs. +55 pips).

You can now signup for the NewsTrader EA Program and prepare for the upcoming news events scheduled for this week:

Tuesday - CAD CPI; Wednesday - GBP CBI Realised Sales, US Existing Home Sales; Thursday - US Durable Goods, US New Home Sales; Friday - GBP House Price Index (Nationwide) US Final GDP, US Revised UoM Consumer Sentiment

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