trading update

argh! the battle continues, ibfx late again, so i'll post that later, i'm hoping we get some usd action today. we don't need much but i'd love to see us go back to $3300, so we can build a base to move higher from...but we took another loss yesterday, so that's like 4 losing days in a row. new record i think.

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....

trading update

just plugging along, thank heavens this is auto. hate to have to wade through a week like this on manual.

trading update

US session was disappointing, got a bit whipped during the day, but clawed it back, no real action in the market at the moment, no direction to talk off...

trading update

yesterday was very good. we're about to hit the first level of compounding. june was a very sideways month. i'm hoping we have a hectic month or two which would build just the kind of foundation we need under this thing.

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.

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

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.

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...

balance update

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

oops...!!

took a knock there, but early still...