Thursday, October 05, 2006

Thursday October 5th Forex trading

Well, another winning day yesterday with LazyTrading.com software.

We had 2 trades GBP/AUD normal size and it was a 14 pip winner.
GBP/USD was a very small trade and a loser for 4 pips.

Trading on BOM it was 1-1 but a good size winner. As the winning trade was the bigger trade.

GBP/USD is finally getting some movement today after being dead the last couple of days.

Historically their are 2 trades that produce well today.

AUD/USD
GBP/USD

Their are also 2 other currency pairs that are looking like a good opportunity later today. If that is still the case around signal time I will discuss that with those on Yahoo messenger.

Of course tomorrow is the big Jobs report that will move the markets in a big way.

If you are a Betonmarkets trader. Be sure to check out the www.NasdaqProfits.com blog it offers some BOM stock information.

Have a profitable day
Steve Hoven
alleycatnews@alleycatnews.net

www.LazyTrading.com

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