Tuesday, June 30, 2009

June 30th London News Trades



Gbp Nationwide HPI m/m : We forecasted that Gbp/Usd would react positively to this news release. We Bought Gbp/Usd. Price then spiked 97 pips in our favor. We took 55 pips out of the move.


GBP Current Account : We forecasted that Gbp/Usd would react negatively to this news release. So we sold Gbp/Usd moments before news release and we made 50 pips on this prediction.




We are currently 17/17 on News prediction trade calls

We are currently positive 969 pips

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