October was the month in which the US dollar continued to rally to multi-year highs against the rest of the major currencies. Both stock and forex markets were in panic mode in a month which saw two interest rate cuts by the FED and other central bankers.
Fact 2: End of Eight Consecutive Winning Months Since Inception
The End-of-Session system for the major pairs recorded its first losing month since the start of record. It was interesting to observe that the system performance was actually affected by the two rate cuts last month.
Despite that, the yen-crosses and the100-pip ea system managed to pull back +365 pips and +350 respectively. All the latest results and breakdown of 100-pip setups can be found via in this page.
Fact 3: Individual Performance Overview & EUR/USD Still the Top Performer
EUR/USD is still the biggest gainer of all since the start of record, closely followed by USD/CHF and USD/CAD.
Results summary:
EUR/USD +960 pips
USD/CHF +635 pips
USD/CAD+385 pips
AUD/USD +30 pips
USD/JPY +5 pips
GBP/USD -80 pips
Previous Reports:
Day Trading Report Sept' 08 (+290 pips)
Day Trading Report Aug' 08 (+760 pips)
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