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Friday, July 11, 2008

Swissy Yen

Anne and I spent the day yesterday at the new Porsche driving centre in Silverstone and what a great day it was. I did a quick calculation and their was about 3 million Pounds of Porsches on the track at certain times driving round and sometimes only inches form each. These were all choreographed via walkie talkie between the instructors who took us at high speed through the circuit, skid pan and the low friction corners. This was an excellent experiance and I reccomend this for those of you that are car enthusiasts although the centre does not officially open until September 2008. It is absolutely amazing to see what a Porsche can do and achieve on a race track. I really cant wait for ours to arrive now!

On to trading, the CHFJPY is in a range and looking for a breakout. This will provide profitable pips one way or another at some point. Based on our webinar training, although the emphasis is on a certain direction we still need to wait for our entry.


Chart courtesy of Advanced GET. Data provided by eSignal.

Good trading.

Forex Analyst
Javid Shaik