February 24, 2009
By: Stephanie
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Hi everyone. It's February 24th, 2009 and I want to review our trade action from today...
According to our Pair Picks from yesterday, there were three potential trades, but we didn't place any of them. Our trading methods indicated some trades, but when we studied the charts we decided the trades were too risky to place. Lets review them:
The EUR/USD short position never triggered. Our entry price of 1.2660 was never breached, as the pair reversed its recent downward movement and pushed up. Even if we had placed the order for this trade, we were protected by our trading methods and the order would not have triggered.
The bulls took control of the AUD/USD pair too. The price reversed and moved upward, but once again our trade order was never triggered.
Finally, the USD/CAD position to go long also never triggered. So our trading methods kept us out of trouble and while we never placed any of the orders, they wouldn't have triggered even if we had.
So we didn't make a profit today, but we also didn't take a loss either. Our current stats are 42 wins, 12 losses, and up 81% for the month of February.
Thats our trade review! Check out our Angel Pair Picks to see what we will be trading for tomorrow!
