Week in Review: 27th January 2013 to 2nd February 2013

Last week has been pretty good. I put in three trades and won them all.

TRADES IN REVIEW

GBPUSD

Saw an entry signal per my Daikoku system on the weekly chart, and won.

The GBPUSD closed last week with a strong bearish bias. I wouldn't be surprised if it continues to fall this week. But I took profit already so it doesn't quite matter.

USDCHF

I took two trades here.

The first trade resulted from an entry signal using my Daikoku system on the weekly chart. The result was a win.

My Hermes system provided an entry on the daily chart on the close of 28th Jan.

I took profit nice and early as my system suggested, but as you can see, price continued to fall for the rest of the week. This trade would've carried a nice 5:1 reward:risk if I had held on to it.