trading update

sorry folks. i'm prepping for saudi, going for four months. i had to intervene on the automated trading, and you can see the wobbly result. i'll fight it back to 3k and then go fully auto again. keep you posted....

trading update

sorry for absence. i was at a thai wedding and after that it was paperwork to stay in thailand. trading wise nothing's changed. still losing slowly. markets just ain't budging. i'll pull the plug at 2k and wait for better conditions. very frustrating market, but at least we took 8 weeks of nothing and we're still in the game, which is a small victory in itself.

trading update

we came out of NFP slightly ahead for a change and bounced of the new lows on the equity. quite a few pairs traded lower lots, but we're back to normal for now. i hope that's the end of it now and that we're going to start getting normal ranges...looks a lot better.

trading update

right, so we've broken the down trend and now the long haul back up starts. at this point its becoming a question of streaks. and the size of them. we haven't seen any decent winning streaks in july and august is to soon to tell, in june we had a hectic one. right now we're up 1% for the month, despite a 3% gain on monday. the failure of the usd breakout didn't really help our cause. but it's about consistency, and i think there is enough volatility in the market to keep us banking positive days.

month end

starting to see signs of life. officially we ended the month on an abysmal -14.7% with max losses of -15.59%, the max draw so far is 23.15% on the portfolio. we have +2% open and unrealized. with the volatility returning to the dollar and a hectic data week i'm hoping we can get some gains under the belt for a change.

trading update

ibfx's daily update gone MIA, but the pain continues, we just wait it out. what is noteworthy is the increase to 20% draw down. it's getting a bit high for comfort. we should in theory reduce trade sizes.

trading update

right. day eight. streak still not broken. draw down now about 16.5%. still acceptable. but at $2500 we drop trade sizes. market volatility remains super low. twenty percent of normal. that in the middle of the worst financial crisis in the last 100 years.

trading update

more pain. july is almost over. let's hope we get going by aug. hate to suffer through another week like this. draw down is still 15.27% so no lower balance losses, but that's 7 days down in a streak. markets is pretty abnormal though. we're not moving in waves anymore, but staccato's, short sharp almost random moves. we're not designed for that. i think there's a lot intervention in the markets. we just have to keep trading till we're through.

trading update

the pain continues. 6th day in a row we're losing. hardly banking anything. the problem being that the dollar is trying to crack the USD index at 78 and someone keeps on buying it away from that level. so we get whipped stupid. but we stick to our guns and we trade through. should end today or early next week i hope. what's also not helping is about 8 pairs of 25 has stopped banking becuase they have taken longer term positions, but they're not really running anymore either, just slowly creeping along. a decent move will bank those and get them going again. daily loss (sic) will be published later.

trading update

another loss day. 5 days in a row. i used to think i have losing days, but not losing weeks. seems i was wrong. usd still directionless and the open runners haven't banked for a week, nor have they moved much, so it's all stagnating a bit. still, the aim of the game is stay in business long enough to get through the tough times, so we're still ok. the 11% or so draw down so far is well within expectations.

trading update

another down day. three in a row. ibfx a bit slow this morning, so I don't have the figures, but i'd say it's about 1.5% or so. exact figure doesn't matter much in the bigger scheme of things. and so we churn some more, still no real direction. just have to keep wading through the churning till we get going. no point in losing patience or trying to change settings.

trading update

nother dismal day. low volitility all around. lost 1.11% to take us to an 5.57% for the week, overall monthly figure 6.71% or 0.51% a day for the 13 trading days we've had in july. the good news is there's a full 10 days left. volatility in itself isn't as important to us as momentum, but there just isn't any at the moment. its all just one big washing machine, tumbling around and around and around...

trading update

slight loss yesterday, 1.2% putting our monthly gain on 7.9%. the dollar is proving to be very difficult and only the jpy's are saving our butts at this point. kinda frustrating....

trading update

looks like we're starting to pull out of the doldrums. most of this came from the JPY pairs. hope USD can make a move today, all we need to fly past the previous high...

trading update

the fight continues. usd being very difficult....