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Tuesday, June 13, 2006 |
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For anyone interested in following the progress of using FX Engines to trade the news, I have added 2 new items on the top left menu named, FX Engines Trades and FX Engines Performance. The trades section gives an individual week table of date, currency, entry and exit price, profit/loss, and the news report that was traded. The performance section gives a week by week trade table all on 1 page.
I've managed to profit 48 pips in the last week of trading through FX Engines. Note that all trades have a stop/loss of only 10 pips. I had my first losing trade this morning during the release of the UK CPI. The price spiked up, my trade was initiated, but the price couldn't get any higher.
Next up is CPI tomorrow at 8:30 am, Initial Claims on Thursday at 8:30 am, and the TIC report (Net Foreign Purchases) on Thursday at 9:00 am. Keep an eye on the FX Engines Trades log for updates.
Forex Trading
June 2006
fx engines
trade the news
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Last Updated ( Tuesday, June 13, 2006 )
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