Wednesday, October 11, 2006

Close out of GBP/AUD 240 pips October 11

Hello Forex Traders,

Another good day trading yesterday.

I closed out of the remaining 2/3rds of the GBP/AUD bear divergence yesterday for 240 pip gain! Just another advantage for reading this blog on a Daily basis.

I also had a Signal on the LazyTrading.com software for the GBP/AUD which was a 25 pip winner!

That was the only trade we had yesterday but a nice winner for the LazyTrading.com software.

As for Today the markets look like they haven't had a lot of movement yet today on a few of the pairs.

Historically on Wednesdays the following pairs work well for the LazyTrading.com software all of which high 60's or low 70's winning rate.

They are...

USD/YEN
GBP/AUD
GBP/USD
GBP/YEN

If you can't find a good broker for the GBP/AUD look at http://www.SuperMiniForex.com I use them for that pair.

That is all for today.

Have a great trading day.
Steve Hoven
alleycatnews@alleycatnews.net

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