What a day! Despite the consolidating on almost all major pairs occasionally we go further a bit, now GBP/USD short is trading at +400pips profit! Screenshot attached, check it out! You can login to the investor account to see for yourself!

If you don’t want to login to the investor passworded account, then here’s a snapshot for you: today, Friday morning (London time) we reached a floating profit of +250pips! If you’re satisfied you can exit right now and finish the week with a huuge profit: +698pips from the last trade and +250 pips from this trade that equals to +948 pips this week only!

GBP/USD +250pips

Looks like selling $75bln wasn’t enough to stop the USD’s strengthening: “Brazil, Mexico, Russia, and India collectively have drawn down their reserves by more than $75 billion since the end of September, selling dollars to protect their currencies, according to Win Thin of Brown Brothers Harriman.” the Wall Street Journal writes. Big players are liquidating continuously their Higher Yielding Assets and this process drives the dollar to multiyear highs. General sentiment is that Fed’s proactive stance in combating the credit crisis and a possible recession puts the U.S. economy in a position to recover before the Euro Zone. That also doesn’t help those who are shorting the greenback, and there’s no reason to believe this process will change in the near future!

The overnight collapse of the equities left many scratching their heads and who knows where the end is. Continued selling also translates into more carry liquidation seeing investors move from higher yielding currencies into lower yielding ones. USD/JPY went down to 90.95 setting multi-year lows thus far and looks ready for an eventual challenge of the all-time lows by 79.90 set back in early ‘95.

GBP/USD went down the toilet today morning, mostly because some large players were dumping the Pound across the board. Unfortunately the buy trade left over the weekend got burnt, but the SELL following that went into +300 territory and then closed at +210 when price changed direction.

Now the government couldn’t go through with the bailout plan, the vote failed a few minutes ago. Immediate spike to the top, I hope at least some of you had some tight T/P set up for this important news event. The GBP/USD reference (investor passworded) demo account is now up to +1240 pips, fully automated! I think it’s not bad at all

Unfortunately the choppy market after the great run beginning this week took away almost all the profits we made on EUR/USD. If anyone got profit this week on that particular pair it was out of luck, or he/she is a true market master and kudos to him/her if that’s the case.

Fortunately we did manage to take a big profit on GBP/USD today which somewhat balances the E/U losses. I recommend to weigh more the Cable in your portfolio because it looks like that this pair is receiving more volume and the result is bigger waves and much higher profits for TrendStuffers!

I have taken this screenshot a few minutes ago to have a capture of the +500pips magical level, but since then it has been skyrocketing and now is at +520pips… Unbeliveable performance from the USD crosses. Let’s hope it does not end here yet

It’s been somewhat less stressful today, Cable followed its Friday direction and went even higher - good for us! You can check this beautiful screenshot, it’s a pity that I couldn’t grab one when it was at the top!

We’re trading at +400pips right now with the last GBP/USD buy trade!! I think this is a record, because I can’t recall much bigger profits in the last few months… Take a look at the right sidebar, at the top of it you can see every information needed to be able to login to this reference account. Will keep you updated on this one of course. I hope at least some of the trialists could catch this awesome move and make enough or even more to buy the system

GBP/USD broke out of that sad and annoying triangle(ish) pattern it was forming since Monday, and I hope it’s going to continue this rise now, let’s hope that USD will lose ground completely in the coming days (of course only because we in positions against the greenback right now!). Up to +211 pips right now with this buy position, and basically we’re trading at levels (profit wise) where we were before Lehman Brothers and the US financial sector went down…