Showing posts with label forex software. Show all posts
Showing posts with label forex software. Show all posts

Monday, August 4, 2008

Summer of Pips

The FX Model just keeps on creating opportunities - even during summer slowdown. Today we saw +70 pips for traders in the US session on the 15 minute charts.

In the CHF, during the US session, we moved out of a period of congestion with a brief dip down and then right back to where it was -for +48 pips!

AND, the FX Model caught the action on both ends.

(Click on the image to see full size image)




The GBP broke out of congestion with a breakout signal for those traders in the London session, and then a chance to catch the action in the US session with a Sell signal and an exit at end of day.

+20 pips on either side of the Atlantic