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26/2. The action hit the 1.5229 line from my very old chart and our members who like long holds have been well rewarded with this move which gave a maximum of +876 pips. (Original post February 5th, 2010)

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There was a move of around 330 pips from the Purple Trace point posted 2 days ago, with the possibility for more in the future, but again NFP could have some impact so I will be analysing this in the next day or so. (Please see previous post)

Its a slow grind Read more…

I know some members are still hanging in with some positions in this one, and we have already passed the magical 1.6000, (as mentioned on Saturday).  I did say in the original post 1.6000 or lower, so now we are almost 100 pips further down the track. There currently looks like some potential as shown in this chart Read more…

Our order has now reached the target of 1.6000 we suggested last Friday (currently 1.5988)

This was our order

Entry Zone. Short circa 1.6230  – 1.6270

Target – 1.6000 or lower (or whenever you are happy).

GBP.USD. Good move overnight on this pair and we have taken some off at +180 (maximum 194 so far).

Eur.Usd. #23 I feel the stop might be better slightly further out of the way, because I wont be around to watch it,  and I have moved mine to 1.4370

Gbp.Usd #37 has done well, and all orders were filled – I just took a few off the 6270 order at +50 which allows me a buffer on the stop

We will be placed these orders targeting approx 600-800 pips

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Gbp.Usd was the star performed and gave us a nice move overnight maximum profit of circa +140 pips. Some members have mentioned taking some profits off.

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