Million Pound Homes

Good morning dynamic traders,

I wanted to do an update early today but instead we have spent the morning looking around one of the most exclusive areas in the country. Homes from a starting price of $4m and we even had a glance at a £12m house which was out of this world. Going back to look further next week.

So, what has happened on the markets. Well, the EURUSD and GBPUSD climbed it's way up yesterday and so far today the GBPUSD has given back half it's gains. The Euro is some what undecided at present.

The USDCAD moved further down yesterday and is in negative territory today too.

The Dow and S&P 500 are in proximity of resistance so watching these indices short term will be interesting. Will a breakout occur? If so will it be false? We shall have to wait and see I think.

A quick word onFinn, a new trader from the beginning of this year. Finn's trading seems to be going very well by making a profit on all of his first positions. Congratulations and well done Finn.

We have received a few emails from the members and would like to say thank you for them regarding the trades taken and the big profits accumulated.


Good trading.


Javid Shaik
Forex Analyst