Last Week in Review

September 10, 2006 5:51 PM UTC in Trade Ideas

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Monday:	-60 pips
Tuesday:	+80 pips
Wednesday:	+100 pips
Thursday:	+70 pips
Total:	+190 pips

It was a great week as we rode US dollar strengthening and breakouts. +190 pips?? Maybe we should just call it a day for the rest of the month, and go somewhere tropical? How about Aruba? Nahhhhh!! Can’t wait for the next opportunity!

This content is strictly for informational purposes only and does not constitute as investment advice. Trading any financial market involves risk. Please read our Risk Disclosure to make sure you understand the risks involved.

About Pipcrawler

Every day, I try to find what I believe is the best looking short term currency trade setup for the upcoming trading day or week. If you're a forex newbie, it can be tricky trying to figure out how to look at charts and draw lines. My goal is help you understand the psychology behind price movements in the foreign exchange markets, so you can learn to analyze your own currency charts and trade on your very own. To help you understand my trading approach, please read about my trading framework.