Forex Trading Tuesday October 3rd

Hello Traders,

Well, yesterday wasn't great.

If you traded strictly on Betonmarkets it was an 1-3 day. If a forex trader you were about breakeven.

USD/CAD finished down 6. (Up 2 with 10 minutes left)
GBP/AUD finished Up 10 pips for a winner
GBP/USD finished up 5 pips for small winner on forex. (lost by 1 pip on BOM)
GBP/YEN finished down 4 pips (10 minute before or after end time would have been a winning trade.

So the losers were small but so were the winners yesterday so no big day to write about.

But again if we can keep the losers small and continue to pick high quality trades in the Long run the medium/big size WINNERS out gain the small losers.

Today is another day and we have 2 GBP PAIRS that have historically performed quite well.

GBP/AUD
GBP/YEN


No schedule financial news releases coming out that should move the markets.

It is time to trade along with us at www.LazyTrading.com

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