xr86yp295m Forex Leader: 06/16/09

Less performing pairs

June 16, 2009

If you're new to this system, I'd advise you to wait a bit before trading the 3 less performing pairs (see post of May 30 for details) which are usdchf, usdjpy, and audusd as they tend to play the recross game more than the others (although when the do re-cross, the losses aren't as significant).

Here's a current pic of audusd. You can see it did a nice short there 3 days ago, which closed out at nice profit, but today there was a buy which re-crossed (at a small loss) and now we're in a sell which is a few pips in the red. I'm not saying not to trade these 3 pairs, just maybe wait in the beginning because it's frustrating to start with re-crosses (even if the losses are small, it's FRUSTRATING).