Thursday, August 13, 2009

Aug 13 U.S. News Trade


For this News release, We predicted the gbp/usd would react negatively to the released data.
Therefore we took short positions minutes before the numbers were given.

The Price then quickly dropped in our favor moving 80 pips positive.
We banked 42 pips on our call.
Our forecast was correct.
We are currently 55 for 60 for news trade call accuracy
We are currently positive for 1932 pips

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