Saturday, June 6, 2009

Summary for the week June 1-5 (Week 23 2009)

The week started out hot with three successive winning trades. After that, hell broke loose as the dollar began to turn. Three central banks kept interest rates low that contributed to the sideways trend that preceeded tthe dollar's rise.

I entered a long-term trade on the USD/JPY, following it like a hawk every pip of the way. Three sets of longs were entered and by the end of the week, boosted by the surprise of the US Non-Farm Payrolls, the first halves of the three pairs gave me an ear-to-ear grin.

It was highs on both end for me this week and here are the details:

June Trade #1
LONG EUR/CHF + 36 pips

June Trade #2
LONG GBP/USD + 30 pips

June Trade #3
SHORT USD/CAD +114 pips

June Trade #4
LONG EUR/USD - 80 pips

June Trade #5
LONG AUD/USD + 40 pips

June Trade #6
LONG GBP/USD -152 pips

June Trade #7
SHORT AUD/USD - 56 pips

June Trade #8
LONG GBP/USD +113 pips

June Trade #9
LONG AUD/USD + 30 pips

June LT Trade #1
LONG USD/JPY +786 pips

TOTAL +861 pips

What a week!

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