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Friday, March 2, 2012

Weekly Report- Week 4

It has been a good week for us. The NzdUsd trade was not as successful as we hoped, it turned around and hit our stop at BE+1. We made some profits on EurAud shorts but the best pair for trading this week was definitely EurUsd. We made good profits on shorts the past two days. We had one short from 1,3380 and another one from 1,3329 and closed everything at 1,3250. There is more downside to be expected but we are flat and will not be holding any positions over the weekend. All the trades we took this week closed at BE+1 or better so our success ratio was 100%;-) Overall profit for the week was 3,9%.

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