pip count

good start overnight.

deposit and first few trades

so there it is, dates deposits made and first few trades. live account. real money and a time stamp.

trading update

right, so we did about 1.5% for the week. what's really important here is the draw down. we gave up about 5% of our profit in 3 days, or 1.6% a day. so from a sustainability point of view we can in affect take 20 days - a full trading month - of this and still be in business if these are the worst conditions we encounter. our pain was caused by the market conditions in the chart below. the question is how often and how long? do i think it's acceptable in terms of survivability? i think so yes.

trading update

been a really tough week. for consistency here's the overall graph, then i'll zoom in on the week.

trading update

still getting whipped around, not really going anywhere.

trading update

chugging along, yesterday was a mess. lots of whips. today probably going to be the same. if i get out of this week with my pants intact i'd be a happy camper.

trade update

ibfx went and consolidated my history. i've decided to take this EA live this week. so there's not much point in continuing this specific set of results, but for time being they'll just keep reminding me i'm winning. for the live account i'll print my statement live to the web, which means it'll never be older than 5 minutes and since it comes from the server never interrupted. i'll post that link when i make switch.

random travel photo

Singapore...

trading update

right, i think we cracked that rather convincingly. having a period of over performance, so we should hit a patch of non performance soon. i would expect to draw down back to $3000 to establish the new base for us. the trade sizes are probably a bit on the large size considering the equity swings, but i can live with it, a draw down of 30% at some point should be expected at this pace though...

trading update

cruising along....

nzdjpy

slow as well...

gbpcad

closed for a whopping +600

gbpusd

same here...slow, slow

eurusd

nothing much happened here

trading update

slow day yesterday.

trading update

not much happened overnight. hectic whip on eurnzd there which caused that last down tick. positions remains mostly the same, about 3% unrealized. i expect dollar strength to resume today, so hopefully we'll bank some later.



and now i'm off to breakfast, coconut noodle soup none the less.

nzdjpy

nzdjpy looking nice and juicy for a sell.

gbpcad

this pair is turning out to be very profitable +530 here and still going.

usdchf

resistance waiting to be tested again.

gbpusd

nice double top there...

eurusd

going to break down i think.

trading update

flying, i still have about 4% unrealized, so i think we'll break through hard on the previous equity high and keep going.

random travel photo

a girl from the long neck people and my friend aksel.

eurjpy

nothing going on here, or anywhere, maybe some action today.

trading update

still fighting back - have to break out topside.

trading update

still fighting back, have to break above $3000 to get a definitive break....

trading update

dang, we took a huge hit. never had to turn so many pairs at the same time before. but we're up $100 again, un-banked. just have to wait and see i guess.

eurjpy

turned this one...

eurjpy

man, have this potion for 3 days already. wish it'd go somewhere.

trading update

Still clawing back, about 1% - 2% a day at the moment. not entirely sure, every $30 is just over 1%.

clawing back

slowly, slowly catch a monkey...

random travel post

the business end of my fino at night.



Chiang Mai

eurjpy chart update

still haven't banked a cent on this one, hopefully today!

trade summary update

starting to climb again post nfp disaster - in fact that was 2% we banked. bit more than I expected, but the curve will stay volatile till all the pairs are running again. we have re-written the start up so futures crashes won't cause this kind of break in trading.

eurjpy

crap

nfp didn't go well. that wasn't entirely unexpected as we generally don't do well in that kind of market, i.o.w hyper gyrations with no direction. then when i wake up i see this account crashed and the EA went into emergency mode and took us out of everything. painful as that is, its going to take us a week to get back in again, meaning we'll miss most of the dollar move that started on friday. we gave up about 50% of last weeks profit in this mess. good news is we're still well up. at least 12% for the week. guess we see how it goes, but going to be a slow week i think, till we pick up speed again.

in the fast lane

usdjpy update

doing well on this one

usdchf

gbpusd

some trades after nfp

eurusd

another random travel photo

enough of the trading already



burma. contrary to popular belief its actually quite easy to get in, you just walk across a bridge. i was offered 30 days on the spot. and from there you can drive through to china. i'll probably buy a bike in thailand, do burma and then shoot through to china, but china is vast, so i'll need time for that one.

trading update

took a pounding on NFP, 'scuse the pun. we generally don't do well on the NFP, the last say ten has been a complete waste of time. one or two gyrations and then nothing happens. i guess after 25% in a week a draw down is to be expected. so let's see what next week brings.

eurusd, usdjpy

these two charts from yesterday and not much has changed, still just waiting with an open loss of 2% at this time.

eurusd


usdjpy

update summary

ya well, not much i can say - figures are simply incredible.

just want to point out this is still demo. we've added 10 pairs, bringing us up to 30 and we still need to test a duplicate login. we have one change to make for restarts and then we go live. just small technical changes.

latest balance

hit a few bumps...

eurusd

shorted at last, waiting to see if it carries, cause this against the trend.

usdjpy long

should be worth a few points eventually, still no direction usd

eurgbp

i'd be to scared to trade this, but my EA doesn't seem to have issues, i'll leave it while i go for a row in the river Mae Ping.

gbpnzd

also well up. can't complain.

eurcad from yesterday

going to do real well when i bank this puppy

taking profit

took profit on most of my positions and reversed a lot of them. i'll do some charts later. think i did about 10% yesterday.

taking profit

banked some, 4% to go...

another random travel photo

some alien abductees posing in front of their saucer...



somewhere in thailand

balance update

k, so back at highs for the last week or so with 5% in hand, open to be banked.

gbpnzd

new position...

eurcad

new position:

update

oh well, almost back to where i was again, doesn't tell the whole story though, i have 5% unrealized. and that will continue to climb till we have a direction change. market is really trending well, so i'm not opening or closing many trades. just have to ride this move out see how much we can get from it.

another random travel photo

nemo eventually settled down after finding his father and started a family of his own. spotted in cape town, south africa.

eurgbp

also gone well green, 80% tp'd already.

gbpcad

this one gone well green, tp'd 90% already, waiting to see the next move.

overnight

k, so we clawed back some of the balance losses overnight, equity is up to 4% unrealized. we'll see a sharp rise in balance if the pairs start turning today. looks like they will. if not i guess we'll incur more balance losses as a few pairs are churning.

i'll update some of the charts posted yesterday after gym and breakfast.

gbpcad

new position...

eurgbp short

new position.

gbpchf long...

oops...!!

took a knock there, but early still...