FX Trade Results – May 2010

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What a month of May it had been, the saying of “Sell in May and go away” was so spot on where most of the major indices across the globe have shed off big chunk of gains. No thanks to the ongoing debt crisis in Europe but most would argued that the rally has reached a point where a correction was inevitable. 

Optimists welcome the correction and cited it as a great break for the next bull run while pessimists inject fears of the sign to a double dip recession. Whichever the case, the stock markets went through one hell of a roller coaster ride..bad news lurked behind every good news reported.

I choose to stay sideline and wait patiently to see how the episode unfold. And since the stock market is lacking a clear trend, I have not done any stock trading. The only actions which I got were the 3 Forex trades shown below. The declining Euro gave blessing to my forex trades. What about you, how was your trading result in May?

trade results FX Trade Results – May 2010

ForexOrderEntryExitP & L
EURUSDShort1.32871.3175112
EURUSDShort1.27181.2608110
EURGBPShort0.85380.8580(42)

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A regular dude from Singapore learning to make passive income with Stock Trading, Forex and Internet Marketing. I will share my progress, my thoughts and ranting on those interesting issues surrounding us these days. More about me? Read On

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