Friday, October 27, 2006
Another Week of Massive Profits
We have reached Friday and also another week of a few hundred pips profit.
The Euro and Pound have produced nice profits and the Canadian Dollar though not produced big profits for swing trading, has achieved it on day trading (although I am swing trading it).
I have closed all positions last night except the CAD and will await to enter EUR & GBP until after I do my weekend analysis.
I hope you have all managed good profits. this week. If you have tried to intra day trade the currencies then this week would have been hard work for you. I stated the Euro was likely to go up at the beginning of this week and holding the position since then until now would not only have been easier but also more profitable. The issue with doing that from a couple of emails I recieved seems to be the time element. Remember, trading requires patience.
Have a good weekend.
