Thursday, July 10, 2008

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 I signals (renamed from system II)
No live trades yet.
July cumulative 73 pip loss (£-475).

Inside Bars (USDJPY & EURUSD @ 1% risk per trade - if not triggered by 2pm, cancel)
CLOSED - USDJPY - bought @ 107.34, 39 pip loss
July cumulative 21 pip loss (£-76)

Swiss Army Knife special (1% risk per trade; place stops at 7am)
Monitoring only - 7/7 - break even, 8/7 2% loss, 9/7 1% win, 10/7 0%
July cumulative to 4/7 131 pip loss (£-796)

Weekly Break Out (1% risk per trade GBPJPY)
July cumulative 224 pip loss (£-400)

Wednesday Special (1% risk per trade GBPJPY)
July cumulative 0 pip profit (£0)

July total cumulative 449 pip loss or £-1,767 (-8.8%)

Daily pivots: GBPUSD 1.9782, EURJPY 168.33, GBPJPY 211.73

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