Forex Results for June
Thursday, July 3rd, 2008The Platinum Program’s performance was .8% for the month of June. June has historically been a range-bound month due to so many people being on vacation. With that in mind, we were very cautious to not get caught in any volatile trades that could have caused losses considering June market conditions.
Going forward, we feel that the majors will be breaking out and should this occur, it should give us the opportunity to pick up some good profits in July. Our main goal is to protect capital while obtaining stable returns. Also, with what we have seen in the market in the last six months we´ve shifted our focus to more of and end-of-day strategy to help eliminate some of the volatility that we´ve seen intra-day. We feel that this will lead to more stable returns overall.