STATE OF PLAY (Target/stop loss 20/30 on GBPUSD & EURJPY, 40/60 on GBPJPY for system II; capital £20,000, 1.5% risk per trade)
System II signals
CLOSED - GBPJPY BUY @ 213.48, 5 pip profit (closed at 11am after whipsawing all morning!)
June cumulative 167 pip profit (£1,070).
Inside Bars (USDJPY & EURUSD @ 1% risk per trade - if not triggered by 2pm, cancel)
CLOSED - USDJPY - bought @ 108.03, 18 pip loss
June cumulative 141 pip profit (£1,079)
NEW **Swiss Army Knife special (1% risk per trade; place stops at 7am)
Bought @ 1.0363, hit 21 pip target
June cumulative 10% (£2,000) - not included in total below, currently on test (April 08 return 5%, May 08 return 10%)
Weekly Break Out (1% risk per trade GBPJPY)
June cumulative 69 pip profit (£70)
Wednesday Special (1% risk per trade GBPJPY)
Not taken this week due to Fed meeting.
June cumulative 87 pip profit (£168)
June total cumulative (excluding inside bars) 323 pip profit or £1,308 (6.5%)
Daily pivots: GBPUSD 1.9723, EURJPY 168.57, GBPJPY 212.80
Thursday, June 26, 2008
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