Featured Platform used for these updates is Interbank FX Trader:

Time Frame – GMT.

Currency pair traded GBPUSD

Gross profit exits (including spread) are targeted as follows:

Target 1 (T1) = 20 pips
Target 2 (T2) = 29 pips
Target 3 (T3) = 49 pips
Target 4 (T4) = 99 pips
Target 5 (T5) = 20:00hrs or closed by stop loss.

Trading summary for May 2008:

Thursday 1st: No trades

Friday 2nd: News Trade at 12:45 at 1.9757 closed at 20:00 Result: T1 T2 T3 profit +22 pips residual.

Monday 5th: 08:35 Sell at 1.9710 closed at 17:15. Result: T1 T2 T3 profit +1 pip residual.

Tuesday 6th: 06:30 Sell at 1.9714 closed at 10:00. Result: T1 T2 T3 T4 profit +1 pip residual. 12:45 Buy at 1.9750 closed at 18:15. Result: T1 profit -27 pips residual.

Wednesday 7th: 06:30 Sell at 1.9654 closed at 19:15. Result: T1 T2 T3 T4 profit +119 pips residual.

Thursday 8th: 06:45 Buy at 1.9549 closed at 11:15. Result: T1 T2 T3 profit -1 pips residual. 12:15 Sell at 1.9535 closed at 13:30. Result: -78 pips. 13:30 Buy at 1.9622 closed at 18:35. Result: -84 pips residual.

Friday 9th: 16:30 Sell at 1.9502 closed at 09:10. Result: -49 pips. 12:00 Sell at 1.9466 closed at 17:55. Result: -41 pips residual.

Monday 12th: 08:25 Buy at 1.9533 closed at 16:45. Result: T1 T2 T3 T4 profit +49 pips residual.

Tuesday 13th: 06:30 Sell at 1.9496 closed at 08:45. Result: -76 pips (Worse case scenario as you should have placed a safety stop loss prior to the news announcement). 09:00 Sell at 1.9465 closed at 16:00. Result: T1 T2 profit -6 pips residual.

Wednesday 14th: 07:00 Sell at 1.9404 closed at 12:00. Result: T1 T2 profit -16 pips residual.

Thursday 15th: 07:40 Buy at 1.9503 closed at 10:10. Result: -59 pips. 10:15 Sell at 1.9422 closed at 15:00. Result: -45 pips.

Friday 16th: 14:00 Buy at 1.9501 closed at 20:00. Result: T1 T2 T3 profit +52 pips residual.

Monday 19th: 08:15 Buy at 1.9610 closed at 11:40. Result: -53 pips. 11:40 Sell at 1.9549 closed at 20:00. Result: T1 T2 T3 profit +69 pips residual.

Tuesday 20th: 06:30 Buy at 1.9559 closed at 19:00. Result: T1 T2 T3 T4 profit +115 pips residual.

Wednesday 21st: 06:30 Sell at 1.9642 closed at 08:05. Result: -33 pips. 13:15 Sell at 1.9625 closed at 17:35. Result: -56 pips.

Thursday 22nd: 07:00 Buy at 1.9757 closed at 08:25. Result: -58 pips. 08:25 Sell at 1.9687 closed at 08:35. Result: -66 pips. 08:35 Buy at 1.9777 closed at 16:00. Result: T1 T2 T3 profit +6 pips residual.

Friday 23rd: 07:00 Sell at 1.9759 closed at 09:55. Result: -44 pips. 10:00 Buy at 1.9810 closed at 14:15. Result: T1 T2 profit -5 pips residual.

Monday 26th: 07:35 Sell at 1.9779 closed at 14:00. Result: -24 pips.

Tuesday 27th: 06:30 Sell at 1.9759 closed at 12:45. Result: T1 T2 profit -16 pips residual.

Wednesday 28th: 06:30 Buy at 1.9787 closed at 09:30. Result: T1 T2 profit -6 pips residual. 09:50 Sell at 1.9767 closed at 14:15. Result: T1 T2 T3 profit -23 pips residual. 14:15 Buy at 1.9795 closed at 19:45. Result: +4 pips.

Thursday 29th: 06:30 Sell at 1.9696 closed at 09:10. Result: -38 pips. 09:10 Buy at 1.9744 closed at 15:30. Result: T1 T2 T3 profit +10 pips residual.

Friday 30th: 08:10 Sell at 1.9704 closed at 13:00. Result: Break even exit.

Trading summary for April 2008:

Tuesday 1st: 06:30 Sell at 1.9970 closed at 10:15. Result: T1 T2 profit -27 pips residual. 10:25 Buy at 1.9815 closed at 13:15. Result: T1 T2 T3 profit -14 pip residual.

Wednesday 2nd: 06:30 Buy at 1.9804 closed at 12:30. Result: T1 T2 profit +5 pip residual. 14.05 Buy at 1.9924 closed at 15:00. Result: T1 profit -51 pips residual.

Thursday 3rd: No trades

Friday 4th: News trade did not trigger

Monday 7th: 06:30 Sell at 1.9862 closed at 19:15. Result: T1 T2 profit -16 pips residual. 09.15 Buy at 1.9894 closed at 12:45. Result: Break-even exit.

Tuesday 8th: 06:30 Sell at 1.9831 closed at 18:00. Result: T1 T2 T3 T4 profit +136 pip residual.

Wednesday 9th: 06:30 Buy at 1.9703 closed at 10:30. Result: T1 profit -22 pips residual.

Thursday 10th: 06:45 Sell at 1.9726 closed at 07:55. Result: -50 pips. 07.55 Buy at 1.9791 closed at 11:00. Result: T1 T2 profit -14 pips residual.

Friday 11th: 12.45 Sell at 1.9687 closed at 20:00. Result: -36 pips.

Monday 14th: 06:30 Buy at 1.9753 closed at 15:05. Result: T1 T2 T3 T4 profit +75 pips residual.

Tuesday 15th: 06:30 Sell at 1.9680 closed at 20:00. Result: T1 T2 T3 profit +70 pips residual.

Wednesday 16th: 06:30 Buy at 1.9699 closed at 15:30. Result: T1 T2 T3 T4 profit +52 pips residual.

Thursday 17th: 07:55 Buy at 1.9754 closed at 20:00. Result: T1 T2 T3 T4 profit +147 pips residual.

Friday 18th: 06:30 Buy at 1.9977 closed at 12:30. Result: T1 profit -36 pips residual. 12:30 Sell at 1.9911 closed at 16:00. Result: T1 profit -53 pips residual.

Monday 21st: 06:30 Sell at 1.9949 closed at 20:00. Result: T1 T2 T3 T4 profit +134 pips residual.

Tuesday 22nd: 06:30 Sell at 1.9776 closed at 08:20. Result: -32. 08:20 Buy at 1.9833 closed at 19:15. Result: T1 T2 T3 T4 profit +104 pips residual.

Wednesday 23rd: 06:30 Sell at 1.9887 closed at 18:35. Result: -74 pips. 12:15 Sell at 1.9829 closed at 19:15. Result: T1 T2 T3 profit +20 pips residual.

Thursday 24th: Durable Orders day - A day we do not trade.

Friday 25th: 08:45 Buy at 1.9766 closed at 15:50. Result: T1 T2 T3 T4 profit +62 pips residual.

Monday 28th: 09:30 Buy at 1.9884 closed at 16:00. Result: T1 T2 T3 profit +20 pips residual.

Tuesday 29th: 06:30 Sell at 1.9851 closed at 20:00. Result: T1 T2 T3 T4 profit +171 pips residual.

Wednesday 30th: 09:00 Buy at 1.9695 closed at 13:20. Result: Break-even exit.