Trading Forecast for 21-25 February 2011

Hi all traders,

The following is trading forecast for next week.

GU - BUY (breach upper resistance of Harami pattern)

GY,EY,UY - Remain BUY

EU - showing bull flag, next week may be BUY.

Gold - BUY (Breach Harami pattern upper resistance)

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Result update:

Only Gold & EU signals are in +ve pips

Others - GY,EY,GU - end up with negative (hit SL)

It's part of trading. Losses happen. Profit also happen. It about how you manage the ratio of profit & loss.