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ForexMasterMaker Managed Account Weekly Report for 12.01.07 Her is the Weekly Report that you have all been waiting to receive. You probably noticed that all of the floating trades (except 2) were closed on Friday. We did have a number of Bank Flow Trades that we have been managing for about 6 weeks that we…
Closed all Cad and chf positions. Will look to re-enter next week. Flat on all currencies but eur.
Clearing Cad positions as well around Parity. Still holding over half but plan to reenter if it falls back next week.
I have began closing some of my adds on the CHF and the EUR to protect profit but still maintaining a long term focus. To clarify I am still holding positions I have just taken some off of the table to lock in profits. about 10% so far. At this point I would advise to…
For this morning’s live trade, we were watching the US GDP. It came out as expected, so that was a no-trade as far as the news trade goes. However, this morning was a really good morning for educational purposes. We covered a lot of information about the way the banks can manipulate the market and…
I wanted to make a quick post covering my thoughts on today’s market movement and what I expect to happen moving forward. Yesterday I said we were building a position long in the USD/CHF and short in the EUR/USD and I was expecting a rally in the dollar against both of these combinations. We saw a…
I would like to recap what we did on the last live trade call and give you the criteria for a possible trade tomorrow. The last trade call I sent out covered the US Durable Goods report this morning. For the Durable Goods report, we were looking to buy the GBP/USD if the report came…
Several weeks ago I told traders that I was expecting the CAD to return to parity (1.00) and I was going to begin to build a position long. If you traded this with me you can clear your positions as the USD/CAD struck a dollar almost to the pip today. This trade has made its…
I would like to recap what we did on the last live trade call and give you the criteria for a possible trade tomorrow. The last trade call I sent out covered the UK GDP report last Friday. For the UK GDP report, we were looking to short the GBP/USD if the report came out…
The Cad has moved up extremely well over the past few weeks and the market has come within 15 pips of our first long term target. A new pattern has shown itself and I expect to see the Cad continue up to around 1.0150-79 however we are comming into months end and have had a…
ForexMasterMaker Managed Account Weekly Report for 11.23.07 I hope everyone had a nice few days off and a great Thanksgiving. Here is the Weekly Report for the Managed Account. We had a great week with the CAD recovering all the way up to profit on all positions and some additional news trades as seen below. …
Because of the US holiday tomorrow, I wanted to go ahead and recap what we did on the last live trade call and give you the criteria for our next live trade call on Friday morning. The last trade call I sent out covered the Canadian Retail Sales report this morning. For this report, we…