Tuesday, April 1, 2008

Day Trading Service: Trading Report Mar' 08 (+455 pips)

Fact 1: Up +455 pips trading the major pairs
There were 21 trading days in March, with 9 up days, 7 non-tradable/rest (i.e. Easter) days and 5 down days. The biggest winning session was on 3 March (+130 pips) and the biggest losing session was on 19 March (-100 pips). Check out here on how we could still make profits in such a losing session.


Fact 2: 65% winning percentage
There were 22 winners out of 34. USD/JPY has a 100% win record (only 1 trade opened), followed by EUR/USD 80% (8 winners out of 10) and GBP/USD 67% (4 winners out of 6).

Fact 3: only AUD/USD yielded negative pips
March was an extremely choppy and volatile month for forex due to the collapse of Bear Stearns and the liquidation of carry trades. AUD/USD - a high-yielding currency pair - was obviously affected by the carry-trade situations in mid March.

For more info, please visit my day trading blog for the latest daily trading summary and signal performance.

Here are some members feedback I received so far about the day trading approach.

>> Feb' 08 Trading Report (+365 pips)

1 comment:

Unknown said...

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