As you can see this month so far I am up approx 280 pips. My AUD/USD and NZD/USD trades closed for a loss and then the market turned and hit my original targets. Thanks to news annoucements the prices fluctuated wildly.
Of course GBP/USD and EUR/USD closed today for the full profits.
No trades for tonight as tomorrow is the Non-Farm Payroll announcement and the market will likely fluctuate unpredictably.
So good luck till Sunday night when I will post new trades.
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2 comments:
Can you explain what is a Non-Farm Payroll announcement and why does this effect the currency markets?
Take you for your time.
John Lopez
Hi John,
job creation is usually an indicator of a thriving economy and a good economy leads to a stronger currency.
Great question, for more details on this topic I suggest you visit www.forexfactory.com where they have a calendar that clearly explains various annoucements in much greater detail than I ever could in response to a comment.
By the way, how's trading coming for you? do you find the signals profitable?
Please do feel free to share your trading activities.....to benefit all who read...
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