Monday, May 4, 2009

US Pending Home Sales Gain, Newstrader Adds +83 pips

I was proved right. The pending home sales came out surprisingly good and many investors took this opportunity to chase the price higher. We positioned the newstrading program rightly to benefit from this news action.

News event: US Pending Home Sales
Long GBP/USD @ 1.4888 for +25 & 58 pips

1 comment:

Unknown said...

I am very much interested in forex markets