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Old 24-02-2003, 20:05   #1
przemek
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Join Date: Oct 2002
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USD/CHF range projection for 02.25.03

Projected high and low for USD/CHF for 02.25.03
High 1.3639
Low 1.3452
My placed orders are
BUY 1.3644 S/L 1.3594
SELL 1.3451 S/L 1.3501
Order which is triggered and not stopped out will be closed at 24:00 GMT. Projections are for time period of 00:00- 24:00 GMT.
Resuts for 02.24.03 are as follows
Projected high 1.3732- actual 1.3732 no trade executed,
Projected low 1.3584 -actual 1.3545 sell order was executed at 1.3583 and closed at 24:00 GMT at a price of 1.3550 for a profit of 23 pips.
Results fo February are + 355 pips.
For a description of system including drawdowns look under
"Daily Range Projection Breakout System".
Projected range for London session 8:00-16:00 GMT isHigh 1.3665
Low 1.3582.
New York session 08:00-16:00 EST is High 1.3632 Low 1.3476.
These ranges are for ilustrative purposes only . If London session opens within the range it will likely close within the range. If open is outside the range, close for the session will likely be also outside the range in the same direction. Same for New York session.
Good Luck and good trades
KP
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