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: