fx8000 wrote:Looking at the weekly charts, all the four yen pairs are in an uptrend. The reversals yesterday may be just a retracement to the 61.8% fib level.fx8000 wrote:fx8000 wrote:Graeme continues to surprise on the upside. Added another 3% to the account balance so far this week.
Graeme gave back its gains for the week on Thursday, an interest setting day for the UK and Europe. Would we be trading real money on an interest setting day ? I doubt it.
Yesterday, G suffered a hugh draw down of 6.8% during a choppy session. You can see from the account history that four yen pairs were involved. There is a lesson to be learned here. The default settings for Zeljko was false, and has now been changed to true to avoid such a catatrophy happening again.
It will be interesting to see what happens next week.
Cheers,
Peter
I am optimistic that G may yet recover all its losses next week.
As anticipated, G has recouped 5% of its draw down since the start of trading this week. I think there is more to come.