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Forex Blog by Lloyd
Scouting for Success in the Forex Market
http://www.scoutforex.com/
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Day Trading Service: Trading Report Feb' 09 (+435 & 620 pips)

Fact 1: Major-pairs Results +435 pips; Cross-yen Results +620 pips; 100-Pip EA Results +176.8 pips

Last month (Feb' 09) was a good month for daytading. The forex markets was less affected by the performance of the equity markets. And we saw the cross-yen pairs rallied from multi-year lows.

Fact 2: 10 out 13 Winning Months Since Inception

Major pairs results is the benchmark performance of our DTS. The End-of-Session system has bounced back strongly from previous losing months (-45, -145 pips) and recorded a bigger-than-average monthly profits (+435 pips).

The other cross-yen and the 100-pip ea systems also made gains during last month. The latest results and breakdown of 100-pip trades can be viewed here.

Fact 3: Individual Performance Overview & EUR/USD Still the Top Performer

EUR/USD is still the biggest gainer of all since the start of record, closely followed by GBP/JPY and USD/CAD.

Results summary:
EUR/USD +1070 pips
GBP/JPY +885 pips
USD/CAD +595 pips
USD/CHF +475 pips

All ScoutForex readers are welcomed to join our daytrading group and learn instantly how to build confidence, generate a sense of control and make gains in the forex market with ScoutForex DTS. Looking ahead, we are well-positioned to capitalise on the system's future gains in the forex markets.

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Smaller Winners with US GDP Data
News event: US GDP
Short GBP/USD @ 1.4133 for +1 & 1 pips
then, Long GBP/USD @ 1.4178 for 25 & 23 pips

It's the end of the month. The full results of Newstrader during the month will be updated over weekend. Gain for February.

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