Comments: Hey guys. Sorry for the low frequency of the blogs. We have been busy setting up our office. Will update you guys on a more frequent basis. Lets carry on from the last trade log and document all trade calls going forward.
The forex markets should witness continues risk aversion going forward which will mean USD strength. We will be looking to enter USD pairs on any pullbacks.
As per the trades only open position is a single lot of AUD/NZD from 1.29. Details included below (Assuming Micro lot and 1:50 leverage)
AUN/NZD: Buy Price: 1.29; Units=2, Target: 1.32
Net Profit Week Ending 06/26/2011: + $ 365
5/5 stars (2 votes)