Wednesday, September 17, 2008

As last week, I will not be doing too much talking in the trading room whilst trading. I will comment as and when I can.

It appears that changes will not now be made to the Finotec platform any time soon. Also, there are very few still attending this trading room (for obvious reasons) and therefore, with no managed account to currently replicate, this blog will cease from today. It is particularly disappointing when the cumulative profit so far this month of the monitored systems is 7%.

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)- price action
No live trades today.
September cumulative 0 pip profit (£0).

Inside Bars (1% risk per trade)
No live trades yet.
September cumulative 55 pip loss (£-500)

Swiss Army Knife special (1% risk per trade; place stops at 7am)
Monitoring only - 1/9 1% win, 2/9 1% win, 3/9 1% win, 4/9 1% win, 5/9 1% win, 8/9 1% win, 9/9 1% win, 10/9 2% loss, 11/9 break even, 12/9 1% loss, 15/9 break even, 16/9 over 50, not taken (cumulative 4%)
September cumulative 0 pip profit (£0)

Weekly Break Out (1% risk per trade GBPJPY)
Monitoring only - 1/9 no trade, 8/9 no trade, 15/9 sold @ 189.46, stop/reverse @ 193.85, target hit for 439 pips (1%) (cumulative 1%)
September cumulative 0 pip profit (£0)

Wednesday Special (1% risk per trade GBPJPY)
Monitoring only -3/9 - 60 pip profit (1%), 10/9 60 pip profit (1%) cumulative 2%
September cumulative 0 pip profit (£0)

September total cumulative 55 pip loss or £-500 (-2.5%)

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