Sunday, August 31, 2008

Day Trading Service: Trading Report Aug' 08 (+760 pips)

Fact 1: Major-Pairs Results +760 pips; Yen-Crosses Results +415 pips; 100-Pip EA Results +2038 pips

August was the month in which the US dollar finally rebounded strongly after long-term periods of underperformance. Simply look at these quotes for the major pairs:

August 1 open / August 29 close / monthly change in term of pips:
GBP/USD (1.9832 / 1.8203 / -1629) ;
EUR/USD (1.5598 / 1.4673 / -925) ;
AUD/USD (0.9412 / 0.8580 / -832);
USD/CHF (1.0474 / 1.1012 /+538);
USD/CAD (1.0229 / 1.0639 /+410);
USD/JPY (107.85 / 108.80 / +95)

We were able to take advantage of the strong market movements and made most of our gains from both the End-of-Session and 100-Pip Systems.


Fact 2: Up Seven Consecutive Months Since Inception & A Record-breaking Profitable Month

August was a record-breaking profitable month
for our daily live trading sessions which produced a total of +760 pips for the major pairs. Profits were made from EUR/USD (240 pips), USD/CHF (+180 pips), GBP/USD (+125 pips) and etc. In addition, the 100-pip ea system managed to top that with a combined total pips earned of +2038 . All the latest results and breakdown of trades can be found here.

Fact 3: Individual Performance Overview & EUR/USD as Top Performer

EUR/USD is still the biggest gainer of all since the start, closely followed by USD/CHF and USD/CAD.

Results summary:
EUR/USD +695 pips
USD/CHF +485 pips
USD/CAD+420 pips
GBP/USD +135 pips
AUD/USD +60 pips
USD/JPY +45 pips

Looking at the current and past stats, all results begin to add up and look ever more promising. With the latest addition of 100-pip EA Trading Program, I believe that we are already well-positioned to capitalise on the methods and continue to make gains in the currency markets.

Last but not least, all ScoutForex readers can simply join our growing forex daytrading group today and learn instantly how to build confidence, generate a sense of control and make consistent monthly trading gains with ScoutForex DTS.

Previous Reports:
Day Trading Report Jul' 08
Day Trading Report Jun' 08

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