Hi Traders
Today's I prepared new forex information, I'm sure that this can help on your trading afford..
Premier Trading Strategy (Long-term Strategy)
The Premier has done amazingly well in weathering the storm through the Credit Crisis and has put up profits each month with the exception of one. This is what is to be expected in 2008. There is however, the potential for a switch on some of the carry trades if the bottom falls out due to credit woes. The switch will cause a delay in growth on these currency pairs (EURJPY, NZDUSD, AUDCAD). You will note that the EURJPY and NZDUSD did make a switch in September due to the August Credit Crisis move and then switch right back in October and the Premier still pulled out positive returns. This is evidence that the Premier strategy can withstand some bumpy roads. The hope will be if there is a switch it will continue into the end of the year making money as it retraces the last 3 or 4 years of growth. The diversification is the supporting factor in this strategy when trading all seven currencies. The Canadian crosses will also do well if oil continues its upward trend in 2008. In addition, the Euro crosses should continue up as well, as the Euro Zone currently offers good stability and growth. The Premier will continue much as it did in 2007 with monthly drawdown periods of 4 – 12% on open trades, during those times we add new positions and see the profit results as markets correct back in their long-term direction. Should be a fun year!...
Aggressive but Impressive
I thought you might be interested to take a look at a live account traded by the guys over at 5EMAs, using the advanced techniques from their 5EMAs Ultimate Trader system.
The account was opened at the end of October last year with $20,000 yet less than 12 weeks later (including the Christmas holiday!), the account grew to a staggering $103,000! - 136 trades and only 6 losses!! Click here for details...
Regards
Forex.DelijaWorld.com
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