This is the first trade update for this week. Have done some finetuning to my trading system so that it can be more responsive to sudden reversals in trend. Started a long trade for 9780 units of USD/CHF pair. There is an initial profit of 27 pips for this pair. USD/CHF has been in downtrend for a couple of days before a breakout (shown as the long blue stick with a upper long tail) marked the end of the downtrend. Let's see how many pips can be earned from this trade.
Wednesday, April 05, 2006
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