August 3rd 2007 - Forex Fighter Trading Results
A slightly profitable day today as the KO got a breakout on the long GBP side which has been retracing from it’s downward move in the last few days. Considering that the medium trend has been down, it’s always nice to do some pips on the counter trend (or short time trend). However our JAB trade wasn’t well positioned and loss back some of these pips, although we don’t have many of our subscribers in the JAB at the moment. on the second half. Here are the news which moved the market today:
UK ECONOMIC NEWS:
Services PMI came out at 57 vs 57.5
US ECONOMICS NEWS:
Nonfarm Employment Change came out at 92k vs 135k
Unemployment Rate came out at 4.6% vs 4.5%
Average Hourly Earnings m/m came out unchanged at 0.3%
ISM Non-Manufacturing Index came out at 55.8 vs 59.5
ISM Non-Manufacturing Prices came out at 61.3 vs 64
Forex Fighter GBP/USD KO (Method 2)
Total: +40 pips
Forex […]
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