How Did Last Week’s Forex Trading Pairs Work Out?

How Did Last Week’s Forex Trading Pairs Work Out?

June 25th 2009

You will remember we saw Adam Hewison analyze 13 forex cross-rates in less than 11 minutes last week. Let’s have a look at how they worked out.

As it turned out it wasn’t too shabby but it could have been better. Of the 13, 5 turned out to be good ones. That is the trade triangle technology was pointing us in the right direction.

What this means is that both our daily and weekly “Trade Triangles” were in alignment indicating the direction for that particular cross.

Lets recap. We looked at the following cross rates on June 18th, 2009. The first number you see below is what that cross rate was trading at when we made the video last week:

USA/CAD was trading at 11335. Trade Triangles said to be long USD short CAD. Now trading at 11490, that’s a profit of 155 pips.

USA/NZD was trading at 5642. Trade Triangles said to be short USD long NZD. Now trading at 5533 this is a profit of 109 pips.

CAD/CHF was trading at 9578. Trade Triangles said to be short CAD long CHF. Now trading at 9531 this is a profit of 47 pips.

USD/CHF was trading at 10869. Trade Triangles said to be short USD long CHF. Now trading at 10952 for a loss of 83 pips.

Dollar Index play from 8034 when I made the video and is currently trading at 8023 for a gain of 11 pips.

Out of the five markets that showed the correct “Trade Triangle” configuration, 4 are profitable and 1 was showing a loss as of this writing.

Total Gain: 322 pips

Total Loss: 83 pips

Total Net: 239 pips

5 trades, 4 wins, 1 loss

80% win/loss ratio

3.87 pips gained for every pip lost

Now remember, this was all done in just 11 minutes and we analyzed 13 cross rates. It will always be like this and you will not always have this percentage of winners. However, if you trade using this “Trade Triangle” technology and are disciplined, diversified and follow the program… you will be a winner over time.

What I really like about these videos they are all done in real time.

Now you have seen it in action and know how to analyze the Forex markets really quickly and still come out as top dog!

All success to you,

Tom Nadir