ForexMasterMaker Managed Account

Weekly Report for 12.09.07

Bank Flow Trades have offered us some incredible profits over the past few months.  The trades that we participating in over the past few months have been the “longer term” trades and done very well for us.  This week we began to trade some smaller “Intra-day” trades that are aimed at smaller profits targets and are designed (like all trades) to keep adding positive returns to your account.  These Intra-day trades will not involve the larger swings that we have seen on the longer term trades.  There are a good amount of News Trades coming up this week and IBFX is working with us to try out a new liquidity feed that is offering us some considerably better spreads at news times.  We are hoping for some good triggers this week to give us some nice results to end the year.

12/06/07– UK Industrial Production – No Trade

12/06/07– BF Trade – AUD/USD Sell: 0.8727; Close: 0.8725 = 2 pips

12/06/07– BF Trade – AUD/USD Sell: 0.8785; Close: 0.8755 = 30 pips

12/07/07– CAD Emp. Change – Requote

12/07/07– US Non-Farm Payroll – No Trade

12/07/07– BF Trade – AUD/USD Sell: 0.8808; Close 0.8772 = 36 pips

This entry was posted on Sunday, December 9th, 2007 at 3:43 pm and is filed under Managed Track Record. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.