Not a great day with only 2 good signals that met their target: we saw a Buy signal in GBP at 1.4861 which ran out of momentum and got closed at 12:00 for a 54 pip profit. The Buy signals in EUR and AUD were not taken as the stochastic readings were at extreme levels. However the CHF Sell at 1.1924 met its target at 1.1896 for a 28 pip profit and the CAD Sell at 1.2266 was closed out as stochastics rose out of oversold levels for a 12 pip loss. JPY Sell at 97.00 fell to its target at 96.75 also producing a 25 pip profit. The market seems calmer but could be the calm before the storm...
Tuesday, 18 November 2008
Monday Wrap Up
Not a great day with only 2 good signals that met their target: we saw a Buy signal in GBP at 1.4861 which ran out of momentum and got closed at 12:00 for a 54 pip profit. The Buy signals in EUR and AUD were not taken as the stochastic readings were at extreme levels. However the CHF Sell at 1.1924 met its target at 1.1896 for a 28 pip profit and the CAD Sell at 1.2266 was closed out as stochastics rose out of oversold levels for a 12 pip loss. JPY Sell at 97.00 fell to its target at 96.75 also producing a 25 pip profit. The market seems calmer but could be the calm before the storm...
