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    we would bank partial profits.

    The British Pound

    We banked a great short profit and now have a great long profit.

    Again, first resistance is the middle Bollinger band

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    Last week we did some trading opportunities live for you to follow in the market.

    The good news is they have made some good profits, so lets update them and look at what this week holds.

    We are using the free chart service futuresource.com and looking at the IMM contracts. We are also using a very simple support and resistance system, with stochastics and Bollinger bands as confirming indicator and target indicator respectively.

    The Japanese Yen

    Is doing exactly what we thought - resuming its downtrend against the dollar.

    We are now at the middle of the Bollinger band and while we think it could re visit its lows - profit taking is in order.

    It’s a fantastic profit two full points with low risk so we would bank partial profits.

    The British Pound

    We banked a great short profit and now have a great long profit.

    Again, first resistance is the middle Bollinger band

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    holds.

    We are using the free chart service futuresource.com and looking at the IMM contracts. We are also using a very simple support and resistance system, with stochastics and Bollinger bands as confirming indicator and target indicator respectively.

    The Japanese Yen

    Is doing exactly what we thought - resuming its downtrend against the dollar.

    We are now at the middle of the Bollinger band and while we think it could re visit its lows - profit taking is in order.

    It’s a fantastic profit two full points with low risk so we would bank partial profits.

    The British Pound

    We banked a great short profit and now have a great long profit.

    Again, first resistance is the middle Bollinger band

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    ollinger bands as confirming indicator and target indicator respectively.

    The Japanese Yen

    Is doing exactly what we thought - resuming its downtrend against the dollar.

    We are now at the middle of the Bollinger band and while we think it could re visit its lows - profit taking is in order.

    It’s a fantastic profit two full points with low risk so we would bank partial profits.

    The British Pound

    We banked a great short profit and now have a great long profit.

    Again, first resistance is the middle Bollinger band

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    p>We are now at the middle of the Bollinger band and while we think it could re visit its lows - profit taking is in order.

    It’s a fantastic profit two full points with low risk so we would bank partial profits.

    The British Pound

    We banked a great short profit and now have a great long profit.

    Again, first resistance is the middle Bollinger band

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    we would bank partial profits.

    The British Pound

    We banked a great short profit and now have a great long profit.

    Again, first resistance is the middle Bollinger band so we see this is first resistance and will take trade in and bank profit.

    While we could get more profit we have achieved our aim.

    The bigger picture

    The dollar suffered in the short term from the falls in the S & P But prices have steadied and so tohas the dollar.

    The dollar holds a massive interest rate differential over the Yen and its hard to see the yen breaking up in the current environment. Sharp rallies remain selling opportunities and that’s exactly what we took advantage of last week.

    The B Pound is in a range against the dollar and it’s a question of buying and selling the range until a breakout occurs.

    When the breakout comes (either way) we expect a big trend top develop.

    The E

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