Forex Trading for May 16 - 2008

Trading Grail(r) day trading software had a nice night on the EUR/USD. .The opportunity to make 20 - 40 pips was there, if not more. Again, Trading Grail(r) works on all markets all the time. We are showing Forex trades during the time frame we trade it! The Trailing Stop feature is really nice for late night trading!

Let’s take a look at the forex chart:

may16eur.JPG

Lets look at the Cable.. Trading Grail(r) called a very sweet long trade that spiked 50+ PIPS… after that the market did not do anything much at all but stay in a tight range — we dont trade ranges! Our forex trading is pretty simple 15 - 25 pips profit per day is plenty for us. Forex Trading cant be easier than this!!

 may16gbp.JPG

Check back tomorrow for more forex trading charts or later this afternoon for emini trading charts!

Traders Soft LLC

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