Forex Trading

So far for august then 346 pips and 80.6% win ratio.

This week has been fun with a rather ranging market weve still managed to get some pips in - 191 pips for the week with a day out at that.

Shame that the daily signal on Thursday didnt pay off, next target for possible reversal is around 1.8270-90 and as the 1.8300 number is usually a bit of a price magnet then i'd say that was the one - then back down again. Time will tell of course and im not predicting the market just following the probabilities.

There are also suggestions backed up by the analysts that indicate a downmove to 1.64 in the next few months.

These dont really matter to me as im an intraday trader but as always best to be vililant when around these numbers.

I hope youve had a good week yourself and got some pips in the bank.