Wednesday 23 September 09 – Update

by David on September 23, 2009

Hi Bren,

Here is the latest FX UpdateClick here

And the P&L – Click here

No new trades for the day.

Have a look at the tables, a re-entry strategy is important.  The AUD/USD pair of late has shown some large moves up and then retracements, then the next day rebounds by 120 points as it did yesterday.

I am working on the re-entry trade rules, but have to back test them.  I will let you know how I go.

That’s all for now

Regards

David

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