However, today I'll do quick recap of the month. Markets have really been in consolidation mode. Not much big news really with the overall backdrop focused on Spain and the American Presidential elections.
A recap of trades in Oct 2012 so far:
| Time stamp | Oct | ||
| Years | 2012 | ||
| Count of Flag | Column Labels | ||
| Row Labels | Loss | Win | Grand Total |
| AUD/USD | 2 | 2 | |
| EUR/CAD | 1 | 1 | |
| GBP/USD | 1 | 1 | 2 |
| AUD/JPY | 1 | 1 | |
| Grand Total | 3 | 3 | 6 |
Not too bad for the month. At the moment, I have carried a short position into the weekend close on the AUD/NZD, off the back of a pin bar signal:
There was also a nice setup in EUR/CAD, but I had removed the order which I had setup together with AUD/NZD order. Didn't properly reviewed the order, otherwise would be in an additional 50 pip profit. From the screen grab, you can see a very nice pin bar setup off of former resistance turned support. A better trade than the AUD/NZD probably.
Watch this space Monday for an update. Fingers crossed for a favourable gap down in the AUD/NZD.
