Summary for the week MAY 18-22 (Week 21 2009)

Early in the week, I got a nasty loss but that one got buried with a series of long-term trades that yielded over a thousand pips total.

Story of the week is the UK downgrade and the weakness of the dollar across the board.

May Trade #10 SELL NZD/USD
- 88 pips

LT Trade BUY NZD/USD
+ 63 pips (Set 1)
0 pips (Set 2)
+ 62 pips (Set 3)
+137 pips (Set 4)

LT Trade BUY EUR/USD
+130 pips (Set 1)
+158 pips (Set 2)
+372 pips (Set 3)
+400 pips (Set 4)

TOTAL +1,234 pips