DAY 1: Dec 04, 2007
Daily analysis:
EUR Weekly Trend: BULLISH
EUR Daily Trend: FLAT
Favor Strategy: BEARISH (We expect a significant bottom to form next week).
Trading Note:
On first day PointBreak Expert Advisor start first Cycle with Starting Point (SP) around 1.4685. EUR market has small downtrend movement today and the Expert Advisor can close with simple pyramiding strategy, resulting $30 in profit.
PointBreak Expert Advisor start second Cycle with Starting Point (SP) around 1.4740. The EUR market show its real trend for today and our Expert Advisor can close with another simple pyramiding strategy, resulting another $30 in profit ~ $60 total closed profit today.
DAY 2: Dec 05, 2007
Daily analysis:
Euro Remains In Correction, we expect a significant bottom to form next week.
EUR Weekly Trend: BULLISH
EUR Daily Trend: FLAT
Favor Strategy: BEARISH.
Trading Note:
PointBreak Expert Advisor start Cycle with Starting Point (SP) around 1.4740. Our analysis yesterday that EUR will have correction was correct, and the Expert Advisor can close with another simple pyramiding strategy, resulting another $30 in profit ~ $30 total closed profit today; and open another Cycle at 1.4653.
Day 3: Dec 06, 2007
PointBreak Expert Advisor add another closed profit today, and open another Cycle at 1.4565.
The account balance right now: $25,254.
It's an active trading week for EUR, and we are expected to get even more interesting with tomorrow’s November non-farm payrolls report; the arguments are skewed heavily in favor of weak job growth.
PointBreak Expert Advisor are still favorable at short Euros; the PointBreak EA still detect Euro will be test Lower Levels.
Thursday, December 6, 2007
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