Blog Shifted

See you at TradingArcade.com.

Day 9 : - 21.21%

Continued strength in CHF and weakness in USD, GBP.

Day 8 : + 24.77%

Big % win due to rise in EUR, USD against JPY and CHF. Current NTA exceeded monthly target for September.

Outstanding Positions :

Day 7 : + 0.67%

Day 6 : + 20.97%

Substantial increase in account balance due to strength in EUR and weakness in JPY, CHF.

Day 5 : - 8.55%

Day 4 : + 3.5%

Outstanding Positions :

Day 3 : + 9.17%

Outstanding positions :

Day 2 : - 6.25%

Outstanding positions :

Day 1 : + 28%

Outstanding positions :

New leverage rules from CFTC confirmed !

1:50 for majors
1:20 for others

The rules are effective as of October 18, 2010.

Source

2nd last day prior to venture relaunch

1805 : Trying to earn as much as possible before setting aside $50 for venture relaunch from 1 Sep 2010. Just started to short JPY again after taking profit on all short JPY positions in the morning. Currently all newly initiated short JPY positions ( long USD/JPY, long EUR/JPY ) in the red.

Relaunch

This venture will be relaunched with starting capital of US$50 from 1 September 2010, after withdrawal of fund. Trading performance will be automatically generated by Google Docs. Due to the provision of a separate private blog for some associates, previous postings in this blog will not be deleted as previously mentioned and things will remain unchanged. In summary, this will be my informal blog while the new private blog will solely reflect trade details.

Modifications made to current tactic due to lesser time spent in front of the trading screen. Look forward to Monday's performance.
( Edited 2100 29 Aug )

Day 41 : + 15.09%

2000 : Attempted to repair laptop screen the whole day. Bought replacement part but issue seem to lie with the whole screen attachment unit. Using old bulky monitor as laptop screen now. No additional trades done yet.
2325 : Unrealised overall gain >

Day 40 : + 2.56%

1845 : Made first ever AUD/CAD trades today. Today's theme was to short AUD/CAD and long EUR/GBP. JPY strengthening again after plunging in the morning Asian session. On profit running and profit taking mode in the morning but unrealized gain became unrealized loss with the strengthening JPY.
1950 : EUR and GBP continues to weaken against the JPY and CHF. Fortunately, some long positions were sold off in the morning.
2130 : Back to unrealized gain.

Upcoming Changes
Will be having 10 hours less per day devoted to trading from September as this blog author's services are needed as a full time employee. Tactical orders from then on will be submitted prior to market opening. Trading mission will remain unchanged. Watch out Carlos and Bill. I'm still going after your no. 1 and no. 2 titles respectively.

Day 39 : + 4.63%

1805 : Exciting day as the JPY pairs went on extreme roller coaster ride. Traded EUR/JPY, GBP/JPY, EUR/CHF, USD/CHF and GBP/CHF.
2300 : Simply buying on dips and selling on rallies today for the above mentioned pairs. Holding small outstanding positions overnight.

Day 38 : + 2.12%

2225 : Just back in office. Missed all the day's actions. Scanning for suitable trades now.
0740 : Woke up to close overnight short EUR/JPY positions.

Day 37 : - 6.41%

0250 : Took profit on partial AUD/USD short at 88.60.
0340 : Current AUD/USD quote at bid of 0.8861 and offer of 0.8881. Further strength in JPY. EUR/JPY at 108.64 bid and 108.74 offer. ( still at weekend spread prior to Australian opening in about 2 hours time )
0505 : Took profit on remaining short AUD/USD positions at 0.8871.
1255 : Took profit on silver longs at $18.07.
2020 : Long some silver again, at average price of $17.95
2140 : Took profit on all silver longs at $18.00.
0110 : Day ended with 3rd consecutive loss.

Weekend Trade - AUD/USD

Sold some AUD/USD at bid rate of 89.23, selling more at higher prices on Monday.

Day 36 : - 19.59%

1945 : Plunge in the Euro and GBP against JPY and CHF. EUR/JPY at 108.41, EUR/CHF at 1.3150 and GBP/CHF at 1.6068.
2200 : Long some silver at average price of $17.96.
0630 : Day ended with even bigger % loss than yesterday. Still cautiously optimistic.

Weekend rates for future reference:

Day 35 : - 16.38%

1420 : EUR/JPY 110.00, EUR/CHF 1.3372, GBP/CHF 1.6238. GBP/CHF to be main profit/loss generator for today.
1750 : Took profit on long GBP/CHF positions. EUR/JPY 109.78, EUR/CHF 1.3337, GBP/CHF 1.6261.
1800 : Focus now on EUR/CHF.
2100 : EUR/JPY 109.75, EUR/CHF 1.3272, GBP/CHF 1.6132. Huge gain in CHF and fall in GBP after release of jobless claims data.
2130 : Offensive ended. Defensive mode activated.
2205 : Continued strength in JPY and CHF against EUR and GBP. EUR/JPY 109.32, EUR/CHF 1.3235, GBP/CHF 1.6083.
2315 : EUR/JPY 109.60, EUR/CHF 1.3250, GBP/CHF 1.6103.
0150 : Close the day with biggest loss to date.

Day 34 : + 0.87%

0850 : EUR/CHF 1.3408, GBP/CHF 1.6220
1205 : General weakness in the Euro. EUR/JPY, EUR/CHF, GBP/CHF at 109.68, 133.99, 162.26 respectively.
1740 : Took profit on GBP/CHF positions. Focus shifted back to USD/JPY.
2300 : EUR/JPY 109.67, EUR/CHF 133.85, GBP/CHF 162.35, USD/JPY 85.33
2325 : 160 trades later, day ended with account almost unchanged from yesterday.

Day 33 : + 12.75%

0950 : EUR/JPY, EUR/CHF and USD/JPY at 109.35, 133.13, 85.23 respectively.
1300 : 'Profit Running' mode activated. Away from office from 1800-2200.
1600 : 109.71, 133.57, 85.26 respectively.
2205 : Back in office. Satisfied with current quotes. 110.10, 134.18, 85.50. Continue to reduce some positions to acceptable level. EUR/JPY, EUR/CHF and USD/JPY reached high of 110.28, 134.56 and 85.54 respectively.
2230 : Time to do some reading and identifying a new currency pair for tomorrow's trading.
2305 : EUR/JPY, EUR/CHF, USD/JPY and EUR/GBP at 110.25, 134.24, 85.63, 82.64 respectively.
2310 : Potential candidates for tomorrow's trading : EUR/GBP at 82.72 and GBP/CHF at 1.6238

Day 32 : - 5.56%

1705 : JPY and CHF strength against EUR and USD weakness. EUR/JPY 109.57, EUR/CHF 1.3319, USD/JPY 85.71.
2005 : 109.57, 1.3357, 85.48 respectively.
2100 : Sold all silver longs from $18.30 - $18.45
2250 : EUR/JPY positions reduced appropriately to minimize risk.

Start of Inaugural Youth Olympic Games ( YOG )

Singapore 2010 Opening Ceremony on 14 August at The Float@Marina Bay.


Representing each of the five continents, the singers are Ms Jody Williams representing Africa, Ms Tabitha Nauser representing Asia, Mr Steve Appleton representing Europe, Ms Jessica Mauboy representing Oceania and Mr Sean Kingston (absent) representing Americas.

Day 31 : + 5.88%

0630 : Operation started on next currency pair, EUR/CHF. EUR/JPY, USD/JPY, EUR/CHF at 110.32, 85.97 and 1.3468 respectively.
1140 : Currently at 110.79, 86.10, 1.3496 respectively. Exposure to JPY successfully reduced.
1405 : EUR/JPY shot up to 110.95 and EUR/CHF 1.3526 after release of German GDP data.
2000 : Came back to office and realised that Euro's plunging again. EUR/JPY, USD/JPY and EUR/CHF now 109.89, 85.80 and 1.3496 respectively. Time to work on EUR/JPY again.
2225 : Operation commences. EUR/JPY 109.65, EUR/CHF 134.45.
2335 : Ended another volatile day with a victory.

Day 30 : + 27.5%

0715 : EUR/JPY & USD/JPY hit low of 109.23 and 84.72 respectively. Currently at 109.49 & 85.21.
1240 : Was away when USD/JPY jumped about 30 pips to high of 85.40 at 1230. Similarly, EUR/JPY rose about 50 pips to 110.10 from 109.60. Currently 109.90 and 85.28 respectively.
1525 : Profit Running Mode in placed.
2100 : Busy day. Yen crosses extremely volatile, oscillating to and fro in both directions.
2115: EUR/JPY 109.50, USD/JPY 85.46
2335 : 110.32, 85.82. End the day with biggest % win, coming right after day with the biggest % loss.

Day 29 : - 14.16%

0450 : The battle continues. USD/JPY down to 85.44, EUR/JPY at 112.57. Focus back to USD/JPY.
0500 : Phase 1 of Operation 'Geisha Deception' completed at USD/JPY near 85.45. Phase 2 commences.
1230 : EUR/JPY 111.85, USD/JPY 85.28
1435 : EUR/JPY 111.55, USD/JPY 85.35
1510 : London opens. EUR/JPY 111.29, USD/JPY 85.27
1950 : EUR/JPY hit low of 110.10 and USD/JPY low of 84.72. Currently 110.55 and 84.93 respectively.
2135 : 110.10, 84.91. Picked up some silver @ average price of $18.07.
2350 : Overall long Silver @ average price of $17.95, currently $17.89. EUR/JPY still around 110.10, while USD/JPY rebounded from day lows to 85.40.
0030 : Closed for the day with biggest % loss to date. But still cautiously optimistic.

Day 28 : - 1.89%

0900 : Trading shifted to EUR/JPY.
0935 : 113.10
1345 : 112.90. Out of office from 1800-2100.
1605 : 112.85, DOW futures down 70.
2155 : Back in the office after shower and late dinner. EUR/JPY 112.82, USD/JPY 86.12 and DOW -123.
2200 : Operation EUR/JPY resumes, though not much movement either way since morning.
2230 : Finally some action, EUR/JPY down to 112.60
2245 : JPY advancing further. EUR/JPY 112.45, USD/JPY 85.93, DOW -109.

Total Trades : 130

Day 27 : + 6.74%

0040 : Happy 45th Birthday Singapore !!! Just back from the movie 'Inception'. Look forward to trading in few hours time.
0625 : Operation SAMURAI commences on USD/JPY !
1010 : 85.45
1315 : USD/JPY still at 85.45 region.
1328 : Swift move up to 85.50
1410 : 85.57
1415 : 85.62
1435 : Back to 85.53
1515 : 85.65
1530 : 85.72, first objective achieved. Defensive version of commissioned tactic launched.
2025 : Just finished watching National Day Parade on TV. USD/JPY at 85.65.












Taken By Spectator At The Parade


Fighter Jets Flypast


2205 : USD/JPY 85.70, DOW +8
2215 : Not much trades today since on 'Profit Running Mode' for most of the day, though not much running yet.
2359 : Closed for the day. USD/JPY currently 85.88

Total Trades : 20

1 more day

.. to Singapore's 45th Birthday !

Day 26 : + 2.06%

0845 : Operation NINJA commences on USD/JPY
1230 : USD/JPY at 86.03
1720 : Intensify operations only when USD/JPY go under 86 or after release of the crucial NFP data at 2030.
1825 : Dinner !
1903 : Took profit on remaining long USD/CAD at 1.0225.
1920 : USD/CAD at 85.90.
2120 : USD/JPY plunges to low of 85.07. Battle in progress.
2135 : DOW opens, USD/JPY 85.18
2200 : 85.32
2245 : 85.09
2330 : 85.22
0210 : Working overtime.. USD/JPY at 85.32. Made first ever CAD/JPY trade.
0730 : Woke up to check quotes. Positive day but below targeted 4%. 88% monthly target for this month still in sight. Will try our best to get there.



Total Trades : 104

Day 25 : - 1.47%

0845 : First operation on USD/CAD commences.
1150 : Operation USD/JPY resumes. Currently USD/JPY at 86.07 and USD/CAD at 101.75.
1205 : Lunch time !
1315 : Gold 1193.94, Silver 18.26.
1450 : Finally some movement towards UK opening. USD/CAD down to 101.55, USD/JPY up slightly at 86.15. Away from office from 1600-1700.
1750 : Back in office. USD/CAD down to 1.0125
2035 : Jobless claims rose to 3-month high. USD/JPY now at 85.89. Finally we have work to do. Busy collecting and giving away pips.
2215 : Phase 2 of operation begins....
2245 : ...but nothing much comes out of it since the 2 pairs are almost stationary for the last 30-60 min...especially the USD/JPY, stuck at 85.90 - 85.92. :(
2255 : Loonie's flying off, ninja still stuck in the dressing room at 85.90.
2305 : Gold 1191, Silver 18.25
2310 : Operation on USD/CAD completed, focus back on USD/JPY.
2350 : Eyes closing... Zzzz

Day 24 : + 6.37%

1125 : USD/JPY at 85.47
1450 : After going through past data, realised that past BOJ interventions generally did not result in spikes of 200-400 pips intraday, unlike the SNB. Large bids were placed to prevent the pair from plunging too fast, about a 100 pip reversal from intraday low at most. And generally not effective as the USD/JPY continued its downward move throughout the intervention period. Which may explain BOJ's current reluctance to intervene. Personally think there may be a gradual shift in favour of JPY strength as they can accumulate foreign assets at much reduced prices. Continued strength in stock indices seem to be the only factor that can weaken the JPY at this moment.
1510 : Now at 85.45 after hitting intraday low of 85.32.
1530 : Tea time !
2035 : Rose to 85.70 from 85.50 in tandem with rising stock indices within the last 20 min.
2210 : USD/JPY rose to high of 86.19 after data shows Non-Manufacturing ISM at 54.3, stronger than expected. The market had expected a dip to 53.0 from 53.8.
2245 : High of 86.35 now. Identifying the next currency pair to be our next target. On radar screen now : USD/CAD 1.0205, CHF/JPY 82.10, EUR/GBP 0.8281
2310 : Trading operations ceased for the day. Time for some reading and research.

Total Trades : 120

Day 23 : - 3%

0900 : Actions taken on USD/JPY. Expecting less trades today due to absence from office for a few hours. Hopefully can still achieve a 2-3 % profit.
1230 : USD/JPY at 86.40.
1640 : Back in office. Finally some movement. USD/JPY 85.95. Away again from 1800-2200. Likely to miss most of the actions today.
2205 : Back in office again. Economic data from the US just out. USD/JPY hit low of 85.70.
2359 : Office is closed for the day.

Total Trades : 88

Day 22 : + 4.65%

0800 : Operations begin on EUR/JPY.
1220 : First objective achieved @113.07.
1250 : Switched to USD/JPY.
1700 : 2nd objective achieved @86.70. Back to EUR/JPY.
1905 : 3rd objective achieved @113.27. Dinner time !
2010 : Rather quiet day so far, not much movement.
2030 : Operation USD/JPY II begins.
2202 : Operation ceased, 4th objective accomplished. Time for some paperwork and coffee before office is closed for the day.
2359 : 20th victory in 22 days. We'll soar and reach for the skies !



Total trades : 112

1st Shareholders' Meeting

Commander is back in the city.

Given briefing to shareholders of the fund on these matters :

Trading Hours : 8 am to 12 midnight
Daily Target : 4% per day
Monthly Target : 88% per month
Trading Edge : Speed, Decisiveness, Effective Tactic

Mission : To accumulate USD 1 million in trading profit within 18 months ( by Dec 2011 ).
Vision : To be the most consistent and best performing forex fund the world has ever known.

Next scheduled meeting : 30 Sep 2010

Day 21 : + 9%

1245 : Troops now in USD/JPY terrain. Withdrawn from GBP/JPY early this morning after enemy suffered heavy casualties from our land mines. Firepower of our troops increased by 20%.
1800 : Enemy trying to move south from 86.30. Commander going for dinner now.
2000 : All troops withdrawn and operations ceased early to celebrate July's spectacular performance.



Surprise announcement from HQ. Commander has decided to head back to the city tonight to fight financial battles instead. Thus, commander's photo will be changed from Saturday (31 July) as he ditch his camouflage uniform for business suit again.



2130 : Commander on way to the airport. Look forward to watch the twilight back home.

Day 20 : + 10%

0800 : Commander informed that enemy suffered some casualties after a successful commando strike previous night while he and the rest of the troops were asleep. Current enemy location at 136.49.
1035 : Enemy flee to 136.05. Enemy presence put up strong defences at 135.90. Not pursuing enemy further unless they make further significant advance.
1330 : Enemy back at GBP/JPY 136.10 after retreating briefly below 136.0.
1850 : Enemy suffered casualties from landmines setup by our combat engineers as they flee from 136.0. Commander going off for dinner now.



2020 : Attack on enemy continues at 135.70. Except for a few crucial units, commander and other personnel return to base camp for well deserved rest. HQ is pleased with today's victory.

Day 19 : + 5%

0830 : Troops going into battlefield to regain positions after breakfast. Enemy at 136.80. Commander still satisfied with progress of the battle and cautiously optimistic even though enemy gained grounds yesterday.
0840 : Enemy outpost destroyed at 136.70
1130 : Enemy advanced to 137.00.
1140 : Enemy armoured vehicle destroyed at 136.94
1210 : Large enemy presence detected at 136.70.
1220 : Troops trying to overcome heavy resistance at 136.70 to push enemy back to 136.50.
1530 : Enemy retreated from 137.50 to 136.95
1925 : Enemy make another attempt to recapture 137.0 region.
1930 : Defending 137 once again, enemy just wouldn't let us rest.
2030 : Bombarding enemy position at 136.50.
2305 : Combat engineers built defensive structures while most troops return to base camp to rest. Current enemy location at 136.70. Been a long and tiring day for the troops.

Total trades : 184

Day 18 : - 13%

1100 : Battle in progress. Not much action from enemy in GBP/JPY yet. Likely to be less aggressive in engaging the enemies today as commander has a busy schedule today.
1400 : Enemy attempting to break through 135.00 again.
1730 : After hours of fighting, back at 135.0 level. Strong enemy resistance encountered near 134.92. Furthest distance enemy reached so far is 135.27. Commander getting ready to leave base camp for meeting.
1740 : Another attempt by enemy to capture 135.10.
2130 : Commander is back at base camp. Gave instructions to attack advancing enemy from 136.20. He needs to shower first though, and a late dinner.
2200 : Enemy position bombarded at 135.90
2230 : Enemy advanced strongly into 136.49. Fierce battle in progress.

Day 17 : + 3%

1220 : Battle in progress at GBP/JPY 135.50. Attempting to push enemy down beyond 135.0. Commander controlling battle from secret location. Poor communication signals encountered.
1350 : Enemy unit neutralized at 135.10
1625 : Commander returned to base camp. Pleased to be informed that major enemy hideout bombarded at 134.55 while he was on his way back.
1650 : Enemy trying to re-capture territory lost at 135.0
1700 : Coffee and shower time for commander.
2000 : Pursuing the enemy southwards.
2100 : Enemy counter attack, advancing from 134.80 to 135.10
0015 : Major enemy outpost destroyed at 134.80. 16th victory in 17 days.

Total Trades : 212

Day 16 : + 10%

1500 : Commander back from meeting in HQ. Pleased with progress of battle so far.
1900 : Elite commandos in GBP/JPY terrain on dangerous mission. Orders given to destroy enemy forces before their ally comes to their aid.



2120 : Commandos forced enemy to retreat to 133.97.
2215 : Major enemy outpost in EUR/CHF destroyed in 1.3532.
0100 ( Sat, local time ) : All troops withdrawn. Mission accomplished. Troops on way back to base camp for well deserved rest.

Day 15 : + 10%

0800 : Enemy advanced into EUR/CHF 1.3405. My troops moving into both EUR/CHF & EUR/JPY. Medics sending injured soldiers back to base camp for treatment.
0900 : First enemy casualty of the day at EUR/JPY 110.50.
0905 : Enemy detachments neutralized at 110.60 and 1.3382 respectively.
1300 : Enemy retreated to 1.3402
1700 : All enemy positions destroyed at 111.32, all troops now at EUR/CHF.
1825 : Enemy made a retreat northwards to 1.3430.
2135 : Enemy outpost destroyed at 1.3438
2205 : Launched offensive against enemy positions at 1.3450, trying to take control of 1.3500 and beyond.

Total trades : 174

Day 14 : - 12%

0735 : DOW closed up 75 points from negative start previous session. European bank stress test results out at 12pm NYT on Friday. Enemy advanced from 112.60 to 112.80. Launched offensive at 112.80 to push enemy southwards.
0830 : Enemy hideouts destroyed at EUR/JPY.
0900 : Entered new terrain of EUR/CHF.
1700 : Attacked enemy from 1.3517.
1900 : Enemy advanced to 1.3450.
2200 : Fierce fighting at 1.3460
2345 : Battle still in progress, trying to push enemy up north from 1.3460. Current location at 1.3475.
2359 : Troops and commander badly need a shower and food. Still fighting hard at 1.3480. First setback in 14 days but troop's morale still high. Going to be a long night.
0030 : Deployed my highly trained snipers at confidential locations while commander and main troops head back to camp to sleep.

Day 13 : + 5%

0720 : Enemy retreated to GBP/JPY 132.10 after some fierce fighting at 131.90 a few hours ago. Only my infantry soldiers in action.
0845 : 132.25, designate buffer zone at confidential location. Intelligence reported potential enemy push to the south.
0847 : Own troops advanced into 132.40, enemy suffered some casualties. Proceeding with caution.
0915 : Destroyed enemy at 132.70, troops withdrawn to buffer zone.
0930 : Enemy location at 132.50.
1400 : The fight continues. In EUR/JPY terrain again. Enemy moved swiftly up to 113.05 towards 1400 hours. Launched offensive against enemy from the north.
1410 : Enemy advanced to 113.20 ( German Producer Prices for June better than forecast )
1415 : Enemy advanced further into 113.30
1525 : Enemy retreated to 112.87
1530 : Destroyed enemy positions at 112.73. Mission accomplished. Withdraw all troops for rest and recreation.
2145 : Re-entered terrain to push back enemy from 111.83 to 111.93. % gain increased to 5%.
2340 : All troops back to base camp. Enemy locations at EUR/JPY 112.55 & GBP/JPY 133.07.

Day 12 : + 3%

0600 : Battle begins. EUR/JPY from 111.72 to 112.0 at Australian open. Within 5 min, back to 111.72. Finally deployed 1 tank to the battlefield.



0630 : 111.92
0655 : Quick descent to 111.67 towards 0700.
0700 : 111.65, defending against enemy's southwards attack.
0705 : Enemy retreated swiftly to 111.75
1000 : Battle location @111.82, troop firepower increased by 67%.
1410 : Enemy finally moved down from 111.88 to 111.68 within 10 min. Been quiet the whole day, probably due to holiday in Japan.
1510 : Tank forces enemy to make swift retreat up north to 111.90 from 1500-1510 ( UK opening )
1545 : Tank fired at some targets at 112.40 area.
1550 : More targets destroyed by tank at 112.55
1555 : Mission accomplished. Tank withdrawn.
1610 : All troops withdrawn, pending further developments. 12th consecutive victory !
2200 : Commander recovered from migraine. Infantry troops entered more dangerous terrain of GBP/JPY. Fighting in progress. Updates on next day's posting.

Day 11 : + 4%

1020 : enemy hovering around 112.70 area for the last few hours.
1700 : engaged enemy from 112.70
1715 : enemy pushed towards 113.00
1935 : enemy sudden retreat from 113.00 to 112.80.
1955 : 112.65, withdrew most of my troops till CPI numbers are released. Coffee time.
2105 : 112.38, time to rest.
2215 : 111.70, all troops withdrawn.

EUR/JPY Battle Zone : 111.53 - 113.37
Total trades : 135

Victory for all 11 days since day 1. Will continue with the same tactic next week, but increasing the firepower of my troops by about 20%.

Day 10 : + 3%

Tokyo
0859 : 112.45, enemy moving southwards again
0905 : 112.15
1115 : 112.75, strong push by enemy northwards. Positioned my troops for action.
1350 : 112.29, enemy retreated.
2335 : 112.35, 10th consecutive victory ! Time for troops to rest.

EUR/JPY battle zone : 111.81 - 113.43
Total trades : 122

Day 9 : + 5%

06:30 ( Japan time ) - Launched major offensive from the north at 112.85

To be updated as the battle progresses...

16:42 - 112.85, Battle zone 112.78 - 113.24

22:00 - 112.45

22:05 - 112.15

22:15 - 112.30

23:05 - 112.15, small army unit to pursue the enemy while the rest going for well deserved sleep. 102 trades. Battle zone 112.04 - 113.24

Day 8 : + 6%

Started the day attacking the enemy from the north as they tried to move northwards. Currently troops at the south engaging the enemy as they move southwards again. Progress to be updated in this post ...

Notes for future reference -

12 PM -2 AM ( EDT ) : Hardly any movement between 111.50 and 111.55
2.00 AM : Started to move down towards 111.40
2.08 AM : 111.35
2.15 AM : 111.29
4.20 AM : 110.82
4.35 AM : 110.97
5.35 AM : 111.25
10.35 AM : 111.80
11.00 AM : 111.59

Updated 11 AM

Battle zone : 110.67 - 112.03
Total trades : 118

Day 7 : + 2%

Using army analogy, deployed only infantry soldiers to the battlefield for close range fighting. Rested the tank regiment as no intelligence report was received.

EUR/JPY Battle Zone : 111.13 - 112.35
Total trades : 130

Day 6 : + 10%

Covered all outstanding EUR/JPY shorts. Executing new trades to test out tactic, using small trade sizes.

Day 5 : + 2%

Closed some EUR/JPY shorts. About 1k units of outstanding shorts to be covered back. Figuring out if there's any tactic that works for both range bound and trending markets.

Day 4 : + 5%

No breakthrough yet. Still thinking of modifications to tactic.

Day 3 : + 4%

Existing tactic still has 1 weakness. Trying to think of enhancements, if any. 1 alternative is to trade only after Europe opens for trading.

Day 2 : + 4%

Generally stick to tactical strategies throughout the day. Traded small lot sizes since expected market to be quiet. Treated this as practice session to get rid of old habits detrimental to trading and establish desirable ones.

Day 1 : + 3%

Not following rules again. Climb up 10%, only to slide back after I deviated away from the commissioned tactic. Ended the day up by only 3%. This seem to happen again and again. Try again during the next trading session. Another confirmation that the tactic has a high chance of success. Would be a waste to fail by deviating without giving this tactic an opportunity to run its full course.

Started trading with new tactic

First day trading with new tactic. Convinced that this is the only methodology with the highest probability of winning. Results to be updated soon.