Weekly Trading Update - 01-05 November 2010
It hasn't been the greatest of weeks this week. I've come away with a small profit, but nothing to get excited about. My 4 hour trading system (see right for more details) generated two possible set-ups (on the EUR/USD and USD/JPY pairs) but I couldn't get a good entry point on the EUR/USD crossover because there was no pull-back, and I'm reluctant to go short on the USD/JPY pair because I think it's due to bounce back shortly. So there were no trades there.
The Forex Morning Trade system also had a rare off week as well. After two losing trades on Monday and Tuesday, it did however manage to finish the week at break-even after two winning trades today and yesterday, as you can see below. I can't really complain though. It still hasn't had a losing week since More on Weekly Trading Update - 01-05 November 2010
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