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Arco's Weekly Forex Round Up

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Old Nov 6th, 2009, 07:43 PM   #1
arco
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Join Date: Aug 2007
Location: AUD.NZD
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Arco's Weekly Forex Round Up

Hello Friends

I ended up +246 pips after a roller coaster ride on my weekly system with which I have been trading the Gbp.Jpy/British Pound. Several stop losses got hit with the wild gyrations of the early week leading to initial losses. The markets movements have clearly changed and due to this I have now taken some additional measures that should minimize the risk with these trades. These will be implemented from next Monday, and this will mean the ‘Weekly Signals’ with entries and targets will appear on my blog later than normal because I will be waiting for additional confirmation.

Best trade set-ups of the week were GBP.JPY 150 pips, EUR.JPY scalp (max 150 pips) and USD.CAD scalp (Max 118 pips)

I also looked at potential trades in Gold, Silver, Eur.Gbp, and Usd.Jpy, none of which have set up properly as yet. I will look at these again and others over the next few days.

Please check my forex signals blog for charts and more information.

Watch me next week as I do battle with the wonderful world of FX

Good weekend all – Arco
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