ForexMorningTrade System

see post 3993 that and the Shanghai market drop hit almost 2 hrs back and is the major reason for the 06:00 USD surge:)

Weird how the North Koreans are timing their start time for war to coincide with European market opens. I wonder how much Kim Jung Il made on that surge? ;)
 
FMT 4.1 went Short
Lost -40 pips

Total: +55 pips since 11-07-2010
Stats: 4 BE, 2 No Trades, 4 Gainers, 2 Losers
 
I am not going to trade today.
Asian uncertainty has pushed the UJ out of sync in the last hour and a potential short may not give value. The trade taken 30 min early reflects this but it possibly will reverse.
Let us see who is right.

06:30 FWIW Shanghai market is weak and USD higher with AUD weakening.

It looks like the caution was justified with most likely to be out by now.
Sometimes the news does override the trend :(
 
stopped out 40

still there it is.

I guess Mark was too and so far as I'm concerned all I want to do is achieve as good as he does in the long run, Least he's also so honest as to declare his luck and misfortune accurately too

It would be sad if the thing disintegrated into "I achieved Mark's score plus so many pips this month", but of course the signals are there for everyone to use at their own discretion and pleasure
 
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